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Mike & Laura Travel

8 Ways to Save Big on Stays Around the World

ByLaura Peters Posted onJanuary 11, 2025October 14, 2025 Updated onOctober 14, 2025

• Originally broadcast via email on November 21, 2024 •

Once again, my goal is to debunk the myth that traveling the world costs a lot of money.

It can, but it can also cost a heck of a lot less than you think. Today, I’m sharing some of my favorite ways to save big on accommodations without sacrificing comfort or amazing experiences.

Let’s get into it –>

1. Housesitting

I’ve talked about this option several times in my newsletters, but it’s because I still can’t believe more people don’t know about it!

Housesitting is one of the best ways to travel the world and stay in places for free.

Mike and I have house-sat in Breckenridge, Colorado and Park City, Utah (both high-end towns) staying in homes worth $3+ million..

…and we did it for completely free!

Our only job? Taking care of the homeowners’ dogs! 🐶😍

It felt like a dream to have these luxurious homes to ourselves, and we saved hundreds (if not thousands) in accommodation costs for the entire week.

We use Trusted Housesitters to find housesits around the world.

>> You can check it out and sign up for an account here!​


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    2. Redeem Credit Card Points and Rewards

    We swear by the Chase Sapphire Preferred card.. it’s a game-changer.

    While we also use the American Express Platinum, Chase gives us the best bang for our buck.

    When our baby was in the NICU, we redeemed hundreds of thousands of Chase points for free hotel stays, which made a tough time a little easier.

    If you travel frequently, this is the card to get.

    PS. Did you know you can stay in overwater bungalows using travel points? We’ve done it three times – in Bora Bora, the Maldives, and Moorea!


    3. Hostel Private Rooms

    Okay, hear me out…

    Hostels aren’t just for young adults and dorm-style living (which I totally used to do when I was backpacking Europe in 2014-2015)!

    Most have private rooms, too. They typically have private bathrooms, and you’ll find that many are much nicer than a mid-range hotel. And wayyy cheaper, too.

    Mike and I booked a private room in a hostel in San Diego, and we were so pleasantly surprised by the quality of the place.

    Hostels with private rooms are especially handy in pricier cities, offering a mix of comfort, affordability, and a social vibe (if you want).

    You can check out the hostel we stayed at in San Diego here, to give you a better feel for what you might get.


    4. HomeExchange

    I only recently discovered this cool option, but imagine trading your home for a week-long stay in a villa in Italy.

    HomeExchange lets you swap homes with other travelers (like Airbnb, but without the cost).

    It’s such a cool concept, and I’m SUPER eager to try it!

    >> You can actually get 50 Guest Points for free by signing up here! ​

    (NOTE: Signing up and exploring homes is also free, but if you want to stay in a house, you will need to pay a one-time yearly fee).


    5. Airbnb Last Minute Deals

    Airbnb isn’t as budget-friendly as it used to be, but last-minute deals can still be gold. Some hosts offer up to 50% off for last-minute bookings to fill their calendar.

    While we don’t use Airbnb as much as we once did due to an unfortunate incident, it’s a solid option when we need a deal.

    To find last-minute deals, simply enter your destination and travel dates. Look for listings where the original price is crossed out and replaced with a lower price; this highlights a special deal you can snag!


    6. Booking.com Last Minute Deals

    We’ve been leaning more towards hotels these days because they don’t have cleaning fees or those infamous chore lists (I’m lookin’ at you, Airbnb 😒).

    Booking.com is our go-to, and their Last Minute Deals section often has incredible offers. You can find it right on their homepage—or check it out here.


    7. Split the Cost with Friends or Family

    Traveling with others doesn’t just make the experience more fun, it’s also easier on the wallet.

    We’ve stayed in some jaw-dropping places for next to nothing by splitting costs with family and friends.

    > A villa in Rhodes, Greece, cost us just $40 per person per night.

    > An “overwater” home on the fjords of Norway for $50 per person per night.

    I even recently found this absolute gem in Bora Bora that sleeps 6 guests, and would cost each person less than $100 per night. And it’s beachfront!


    8. Couchsurfing

    This one’s perfect for the younger (or adventurous) crowd, though anyone can try it!

    When I was backpacking Europe in 2014–2015, I couchsurfed my way through and met the most amazing people. It’s a great way to make friends, get insider tips, and stay completely free.

    My couchsurfing friends at Oktoberfest!

    You might be thinking, “wow, that sounds unsafe…?”

    And I get it. It can be a little nerve-wracking.

    But the Couchsurfing website has a rating system, and I never stayed with someone who didn’t have multiple reviews from different guests (who also had reviews from other people, too).

    ​>> Check out Couchsurfing here!


    💡 Blog Posts For Travel Inspiration

    Want more travel inspiration?

    Here are a few of my favorite blog posts that I’ve written:

    • ​What Does Bora Bora Really Cost? The Answer Might Surprise You!​
      ​
    • ​Maldives on a Budget: Overwater Bungalows, Luxury Resorts, & More

    Have a great week and happy travels!

    Laura

    P.S. Before you head out, check off your to-do list here:

    ​✔️ Save TONS on flights with FareDrop*​
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    ✔️ Score the lowest accommodation prices on Booking.com*​
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    ✔️ For airports transfers and tours click here*​

    And finally…​
    ​
    ✔️ Scan our resource page for recs we personally use and LOVE
    ✔️ Share this email and blog post with friends and family that you think would enjoy it – we appreciate it!

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      Keep Reading!

      How to Travel the World When You’re Broke

      In order to make travel happen on a meager salary, you’ll need a combination of the five things listed below:

      1. A Smart Budget
      2. Cheap Travel Tricks (say this ten times fast)
      3. Travel Hacking Skills
      4. The Guts To Get on a Plane
      5. A Remote Job

      I’m going to take you through each of these steps one-by-one to show you how easy it can be to get on a plane and travel the world.

      1. A Smart Budget

      Yikes.. a budget? But you’re young and fun and you don’t want to set a budget for your shenanigans.

      Perhaps you think a budget will never work based on your small salary. Or perhaps you don’t even know how to create a budget.

      A girl jumping Into No Name Lake In Oregon with turquoise blue water and rugged mountains in the background.

      I had the same mindset when I was in my early twenties. Setting a budget was the furthest thing from my mind. Unfortunately, that didn’t work well with my desire to travel the world. Luckily, the budget system I have constructed is simple, young, and hip, too.

      The secret to this budget is to face your spending habits. If you don’t know where your money is going, you’ll never be able to put any into savings.

      – Step One

      Define your budget day. This is the day of each month that you will go through all of your finances to see where your money is going, how much you have been spending, and how much you can cut from each category.


      – Step Two

      Open all of your bank and credit card statements for the past month. You’ll divide your spending into categories (example: groceries, personal care, eating out, entertainment, etc). Read through the statements and place each transaction amount into the specific category. I recommend doing this on an Excel spreadsheet.

      Don’t forget to add those pennies because they add up quickly!


      – Step Three

      Once you have written down all of your transaction amounts for the past month, you will get a grand total for each category. Seeing these total values might surprise you, delight you, or anger you. I know it was the latter for me!


      – Step Four

      It’s time to set your budget.

      Now that you know where your money is going, you can start to decide which categories you can cut back on.

      For me, spending money on eating out and groceries seemed to be our highest bills. We decided to cut back on each of these categories, start making grocery lists, and cook for ourselves more. It was easy to set a budget for each individual category and stick to it.

      You can do this for every category and decide how much you are willing to cut from each. Once you are aware of your spending, budgeting becomes so much easier.

      With this budgeting system, we are able to save over $500 extra each month. This allows us to travel more and worry less about money.


      2. Cheap Travel Tricks

      After years and years of constant travel, I have learned the ins and outs of traveling on a budget.

      Traveling on a budget doesn’t have to mean you are sleeping in a roach-infested motel every night. In fact, traveling on a budget can actually be quite luxurious if you know what you’re doing.

      Here are a few of my favorite accommodation, airfare, and entertainment options for traveling the world on a tight budget:

      – Accommodation

      These are the best accommodation options for budget travelers. Some of these options are completely free while others are much cheaper than your average hotel.

      Housesitting

      Housesitting has got to be the sweetest deal yet! If you’ve never heard of this, housesitting is when you care for another person’s home while they are away. In return, you get a free place to stay.

      Housesitting jobs can be found worldwide in some of the most beautiful locations. Instead of paying $200+ per night in a place like Norway or France, think about finding a housesitting gig in the area. This will surely save you hundreds, if not thousands of dollars

      The two best housesitting websites we can personally recommend are:

      TrustedHouseSitters – this is the largest housesitting website and is geared toward housesits in North America, Australia, New Zealand, Europe, and everywhere in between. We have personally used Trusted Housesitters (many times) and love it!

      The houses we’ve stayed in were multi-million dollar estates with incredible amenities.

      And here were the pups we were able to look after during our stays:

      Posting with permission
      Posting with permission

      MindMyHouse – the second-best website for finding housesitting opportunities is MindMyHouse. Find housesitting options all over the world with this platform.


      Hostels

      Hostels are awesome. They are a great way to meet like-minded travelers and save loads of money.

      Prices for staying in a hostel can range from $3/night in places like Prague, Budapest, or Chiang Mai to $35-50/night in places like Paris, London, and Sydney.

      The best place to find hostels is on Hostelworld. Pay attention to each of the hostel’s ratings on this website to find the one that meets your needs and standards.

      > Click here to explore the best hostels all over the world!


      Couchsurfing

      Couchsurfing is a way to connect with locals and sleep on their couch or extra bed FOR FREE. You’ll have access to their bathroom, kitchen, etc. and your host is sure to give the best tips for visiting the city you’re in.

      I’m sure most of you are immediately intimidated and possibly turned off by Couchsurfing. It may sound dangerous to stay on a stranger’s couch but take it from someone who has couchsurfed all around the world.. it is awesome!

      Three girls and one guy wearing traditional Oktoberfest gear in a tent in Munich, Germany.
      Our couchsurfing group for Oktoberfest in Munich

      I only stay with hosts that have recommendations from other couchsurfers and are verifiably safe based on their profile.

      I would never stay with anyone that didn’t have any reviews and seemed sketchy. Personally, I’ve never had a bad experience with Couchsurfing, and I have taken advantage of this option in over 10 countries.

      To see for yourself, sign up for a Couchsurfing account and take a look around the website.


      Camping

      If you’re outdoorsy, this is an awesome way to save a TON of money on accommodation while traveling. I have camped in Norway, Iceland, Ireland, New Zealand, and Thailand and have enjoyed it every time.

      The campsites we stayed at in Europe were no more than $15/night ($5/person when split between three people). In New Zealand, most of the campsites we visited were FREE. These cheap camping prices can be found all over the world.

      Pack your own camping gear in your backpack (unless you’re in Thailand – they provided camping gear for us at the campground) and enjoy what the world has to offer right outside your tent door.

      Helpful websites for finding cheap camping spots:

      • CamperMate
      • Campendium
      • Camping.Info

      WWOOFing

      WWOOF stands for Willing Workers on Organic Farms.

      Basically this movement brings willing workers to organic farms all over the world. In exchange for part-time work, the farm will provide room and board. There is no monetary exchange with WWOOFing, just the opportunity to live, work, and travel to another part of the world.


      Sleeping Bag & Hammock Accommodation

      In some hostels around the world, they offer awesome deals for travelers who bring their own sleeping bags.

      Since the hostel doesn’t have to wash and replace the sheets, they only charge a fraction of the price.

      Hammock accommodation can also be an option (indoor hammock accommodation, of course). This is quite common in Iceland, although not every hostel will have this option. Check their website for any kind of deal or message them on Facebook for further details.


      Hotels

      Believe it or not, hotels can be cheap depending on where in the world you are traveling.

      Although hotels will cost you a pretty penny in places like Paris, London, and New York, this doesn’t hold true for hotels in Southeast Asia. Finding nice hotels in Bangkok, Bali, and Siem Reap for under $50 a night is not uncommon. Split that cost between two travelers and you’ve got yourself a great deal.

      Pro-tip: We like to use Booking.com to book our hotel stays. Not only do they have the best selection of accommodation in any place around the world, but they also give you discounts on stays the more you use their platform. You can use our link here to start using Booking.com.


      – Food

      Restaurant tabs can add up quickly. In fact, eating out can be one of the most expensive parts of your trip. Luckily, there are ways to save money on food throughout your travels.

      Cook For Yourself

      An easy way to save money is by cooking your own food. Every city will have a grocery store. It doesn’t take a lot of effort to find ingredients and put together a simple (or fancy) dinner. Almost every Airbnb and hostel will have a kitchen, fully-equipped for you to make your own meals. 

      Cooking for ourselves has saved us hundreds of dollars while traveling. In order to get the cultural experience that comes with local cuisine, we still leave a bit of room in our budget to enjoy a meal or two at a popular restaurant.


      Eat Street Food

      Street food can be found around the world and is unique to each country, whether it’s oliebollen in the Netherlands, crocchè in Italy, or hot dogs in Denmark. Not only is street food a taste of local cuisine, but it is undoubtedly much cheaper than any sit-down restaurant.


      – Airfare

      The prices of flights turn most people away from traveling, especially international airfare.

      Mike and I have mastered the art of booking the cheapest flights around the world. Here are a few of our favorite tips for buying dirt cheap airline tickets:

      Earn Free Flights Around The World

      Our absolute favorite trick for scoring cheap flights.. TRAVEL HACKING!

      Mike and I just purchased roundtrip tickets to Kauai, Thailand, and Bali for just the taxes and fees. If we would’ve paid full price for all of these flights, we would’ve spent over $3,800. Instead, we were able to spend mere pennies on these flights.

      Laura Sitting In Santorini, Greece. A Great Island Hopping Trip From Milos.

      We think this is a skill that everyone should learn and we outline all of the details of travel hacking in this blog post:

      >> 11 Ways To Get Free Flights Around The World


      Get Cash Back On Flights

      One of our favorite platforms for booking airline tickets is WayAway. Not only will you find the best flight deals with WayAway, but you can sign up for their plan and receive cash back on all the flights you purchase.

      If you’re a frequent flyer and you plan on traveling the world for a period of time, consider using WayAway as your flight aggregator.


      Use A Flight Deal Software

      Our absolute favorite way to book cheap flights (and I’m talkin’ CHEAP) is through FareDrop. FareDrop is a software that sends you the cheapest flight deals directly to your inbox.

      We’ve been using FareDrop for years and it has saved us thousands upon thousands of dollars on flights. If you’re looking for amazing flight deals, sign up for FareDrop – they even have a free plan you can use!

      >> Click here to sign up for FareDrop 🎉


      Use The Best Search Engine

      When travel hacking isn’t an option, we use our favorite travel aggregator, Skyscanner, to find the cheapest flight options. Understanding the ins and outs of the Skyscanner website is extremely important; we have used our Skyscanner tricks to book ridiculously cheap flights. You can read about these tricks here:

      7 Skyscanner Tricks for Booking the Cheapest Flight


      Trains

      Trains are a major asset to budget travelers. Overnight and cross country train tickets can be purchased for as little as $3! Train systems are found all over the world, simply Google the country you’re visiting followed by “train system”. 

      One of the most famous train systems in the world is Eurail, which spans more than 26 European countries. This train system is easy to use and has great deals for travelers, whether you’re visiting one country or twenty. Visit the Eurail website for more information on passes and prices.


      Getting Around A City

      Want to know what’s expensive? Taking cab rides around a pricey city..

      The best ways to save money on travel around a city can be found below:

      Public Transportation

      Public transportation is by far the cheapest way to get around a city. I’ve learned quickly that if the locals are doing it, it is probably relatively affordable.

      Subways, trains, buses, and light-rails are the best option for traveling on a budget. Figuring out and using public transportation is a fun and exciting adventure in any city, but it can also be stressful. 

      My advice is to research the city’s public transportation options ahead of time. Many modes of public transportation will also offer cell phone apps and maps, which can help you understand the system better.


      Walk

      Some cities, towns, or villages, are small enough to walk around. These are the BEST cities. Take advantage of the smaller cities and walk when you can. It’ll save you money, give you exercise, and show you places in the city you might not have thought to explore.


      Bike

      Another way to get around a city, big or small, is by bike. Amsterdam is a city governed by bikers. Barcelona also has bike tours and bikes for hire. You can typically rent a bicycle for around €5-10 per day depending on location.

      Bike On The Beach In Moorea

      Carpool

      Carpooling is also a cost-effective way to get from one destination to another. Sharing the cost of a trip between three people is always cheaper than driving alone.

      The best website for carpooling and ride-sharing is BlaBlaCar.


      Hitchhike

      In some countries, hitchhiking is a common way to get around. I’ve successfully hitchhiked in Iceland and Germany, but be sure to research the implications of hitchhiking in the country of your choice. Some countries advise against it due to safety or laws. 


      – Activities

      It shouldn’t come as a shock that being a tourist WILL require some money. But that doesn’t mean prices should control your agenda. These are the best ways to save money while still getting the most out of every trip:

      Skip Alcohol

      Alcohol costs money.. a lot of money and there’s no escaping it.

      Overall, the easiest way to save money while traveling is by not drinking.

      Buying a beer in Norway costs around €10-15 per pint. So either participate in a lot of happy hour deals, buy your liquor from the convenience store, or skip it entirely. Save your money and use it on something you will remember (literally).


      Find Free Activities

      Finding free activities while traveling is as awesome as it sounds. They’re FREE. There are so many things to do that are free, you just won’t discover them until you do a little research.

      One of my favorite things to do while traveling is to take walking tours. Almost every walking tour is free (they work off tips, so be sure to tip them a few dollars) and you will get to see so much of a city and truly learn about its history. Walking tours also help you decide which attractions are worth spending money on later.

      Mike And Laura Preparing To Go Into Kazumanu Cave.

      Another activity that I spend A LOT of time doing is hiking. A lot of major cities won’t have hiking trails (but some do!) but smaller towns outside of cities will. Our cheapest activity in Switzerland was hiking; it was also the best thing we did.


      Meet Some Locals

      With websites like MeetUp and Couchsurfing, it’s easy to meet up with locals, share stories, and tag along with them while they show you their city. Not the tourist version of the city, but the behind-the-scenes locals-only version of the city. I guarantee they will know hundreds of things to do that will cost you little or no money.

      Surprisingly, Couchsurfing isn’t just for sleeping accommodations. I met so many people through couchsurfing just by selecting the option, “Wants to Meet Up”.


      Purchase Tickets Online Ahead of Time

      If you plan to visit a popular tourist attraction, check online for cheaper prices. There have been many times where I have saved a big chunk of change by booking it online. Some even let you skip the line!


      Travel To Lower Cost Countries

      If you’re looking for low-cost travel (by western standards), check out the following destinations in each continent:

      • Asia: Vietnam, Thailand, Malaysia, Philippines, Cambodia, Indonesia, Laos, Myanmar, India, China, Sri Lanka, Mongolia, Kyrgyzstan, Uzbekistan, Nepal,
      • Europe: Albania, Montenegro, Croatia, Romania, Hungary, Czech Republic, Bulgaria, Serbia, Georgia, Bosnia & Herzegovina, Portugal, Turkey, Poland
      • Central & South America: Ecuador, Guatemala, Bolivia, Colombia, Peru, Argentina, Brazil, Chile, Uruguay, Paraguay, Nicaragua, Honduras, El Salvador
      • Africa: Namibia, Morocco, Egypt, Rwanda, Kenya, Tanzania, Malawi, Zambia, Mozambique, South Africa, Ghana

      3. Travel Hacking Skills

      Our secret weapon when it comes to traveling for cheap is travel hacking. We’ve acquired these skills over time through extensive research, and trial and error. Travel hacking has helped us purchase flights around the world for FREE (or sometimes just the taxes and fees).

      The key to travel hacking and earning free flights is airline miles, airline miles, and more airline miles.

      We have learned how to stockpile airline miles several different ways. With all of our earned miles, we have been able to book roundtrip flights to Kauai, Thailand, Bali, and more over the past few years. Not to mention the countless hotels we have stayed at for free using these points, too.

      You can read all about acquiring more airline miles here:

      >> Frequent Flyer Hacks: 11 Ways to Earn Airline Miles In 2024


      4. The Guts To Get On A Plane

      There are thousands of excuses for why someone “can’t” travel.

      “I don’t have the money.”

      “I can’t take the time off work.”

      The truth is that many people don’t travel because they are afraid. Traveling to an unknown country can be scary. I know I was very intimidated the first time I went abroad.

      Even though traveling can be a jump into the unknown, it is worth it. Every single time.


      5. A Remote Job

      Working remotely is not necessary to travel the world, however, it has helped us stay on the road longer. If you’re thinking about a transition into the digital nomad-travel lifestyle, remote work is the way to go.

      Personally, we use our blog as a source of remote income, as well as teaching English online. Take a look at a few blog posts I’ve written about remote work and where to find it:

      25 Digital Nomad Jobs for Aspiring Travelers

      How To Make Money as a Travel Blogger

      Our travel blog sustains our full-time travel lifestyle, bringing in between $10k-$14k per month for the past 5.5 years.

      If you’d like to get started on a travel blog, grab our free guide below where we show you how to set up your travel blog (the right way) from scratch, even if you aren’t tech-savvy:

      The Wrap-Up: How to Travel the World When You’re A Broke Young Adult

      We’ve learned through years of exploring that travel doesn’t have to be expensive. With a smart budgeting system, cheap travel tricks, travel hacking skills, a remote job, and the guts to get on a plane, anyone has the power to travel the world.

      Use these tips to get out there and do the things you want to do. You won’t regret it.

      Laura Peters

      Laura Peters is the owner and author of Mike & Laura Travel, a blog that helps travelers find unique destinations and travel experiences on a budget. She is also the CEO of Scale Your Travel Blog, a coaching program that helps travel bloggers start, grow, and scale their travel blog income. When she isn't writing blog posts about her favorite travel destinations, she is serving her audience through Scale Your Travel Blog and her live/virtual events, Travel Blogging Summit.

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      Who We Are

      We are Mike and Laura Travel: full-time digital nomads, travel blogging experts, avid hikers, etc. etc. From our home in Steamboat Springs, Colorado to exploring the most beautiful islands in the world, we're on a mission to make traveling easier for you. Read more about our adventures by clicking here.

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