budget travel: how to travel the world on a budget (Paris)

I’m currently writing this on the balcony of my temporary Parisian apartment overlooking the Notre Dame and Seine River, three weeks into my 40-day European tour, with London on the agenda next week.

While exploring natural attractions like the Seine River and local parks, I’ve been enjoying the fresh air, which has greatly enhanced my experience.

A lot of people have asked how I managed to pull off this trip as a 24-year-old single girl and stay in such a lovely home by myself. Well, if the roles were reversed, I’d probably be asking the same. So, allow me to explain.

the hack

Like many young people in their 20s, I longed to explore new parts of the world for an extended period. I’ve always believed “where there’s a will, there’s a way,” and after some research and a tremendous amount of patience, I discovered an app called Home Exchange.

Living in New York City made exchanging simpler, but I was shocked by the number of inquiries and messages I received from all over the world. The apartment I’m staying in now was actually an inquiry sent to ME first, from my preferred location of Paris. Naturally I was hesitant, because it seemed too good to be true. Plus, traveling solo in your 20s on a budget can seem daunting.

Another affordable accommodation option is pet sitting, which allows you to stay in someone's home for free while taking care of their pets. Websites like Trusted Housesitters connect pet owners with sitters, offering a cost-saving benefit for budget-conscious travelers.

Yet, after three weeks on this journey I can confidently say that with determination and clever strategies, it’s entirely possible. Home Exchange was able to transform my NYC apartment into a gateway for global adventures. Here’s how it works.

how it works to track expenses

Home Exchange is like the Tinder of travel accommodations — where you swipe right on your dream stay. The app allows you to list your own home and find people from all over the world who are willing to swap places with you. It's a win-win: you get free accommodation in a fabulous new city, and they get to experience life in your place. However, there always runs a risk of having a bad tenant so it's wise to call or zoom with your new travel exchange buddy.

set a travel budget

Setting a travel budget is essential to ensure that you don’t overspend and end up in debt. To create a travel budget, start by estimating your total travel expenses, including transportation, accommodation, food, and activities. Consider your income, savings, and any financial constraints you may have. Allocate a specific amount for each category, and prioritize your spending based on your preferences.

Some tips to help you set a realistic travel budget include:

  • Researching budget-friendly destinations, such as Southeast Asia, South America, and Eastern Europe

  • Using online tools to track expenses and stay within your budget

  • Considering alternative accommodation options, such as home exchange or house sitting

  • Cooking your own meals instead of eating out

  • Avoiding unnecessary expenses, such as luxury activities or high-end restaurants

Now, you can enjoy your trip without worrying about unexpected costs or financial stress.

budgeting like a parisian pro in budget friendly destinations

Let’s face it, Paris can be pricey. But there are plenty of low-cost ways to stretch your euros. I’ve mastered the art of picnicking by the Seine with a baguette, some street food, and a bottle of cheap wine. Forget expensive restaurants (although I’ll still mention a few of my favorites) — embrace the local bakeries and markets. Walking is your best friend. Skip the taxis and Ubers; Paris is a city best explored on foot. There are also Metro stations located all over to bring you from one side of the city to another. Or, if you’re lucky like me you’ll find a new friend to drive you around on their scooter.

stay in budget accommodations

Staying in budget accommodations is a great way to save money on your trip. Consider options such as hostels, guesthouses, or vacation rentals, which are often cheaper than hotels. You can also look into home exchange or house sitting, which can provide you with free accommodation in exchange for taking care of someone’s home.

Some tips for finding budget-friendly accommodations include:

  • Researching online for affordable options

  • Reading reviews and checking ratings from other travelers

  • Considering staying in a spare room or shared accommodation

  • Looking for discounts or promotions, especially during the off-season

  • Booking in advance to secure the best rates

By staying in budget accommodations, you can save money and allocate it to other aspects of your trip, such as food, activities, or transportation.

living like a local with a vacation rental

Staying in a home rather than a hotel has given me a real taste of Parisian life. I've met some neighbors, found the best local cafés, and even learned to navigate the sometimes intimidating French grocery stores. Plus, cooking your own meals saves a ton of money. I've had more baguette sandwiches than you can comprehend.

cook your own meals

Cooking your own meals is a great way to save money on food expenses while traveling. Instead of eating out at restaurants or cafes, consider buying ingredients at local markets or grocery stores and preparing your own meals. This can also help you experience the local culture and cuisine.

Some tips for cooking your own meals while traveling include:

  • Researching local ingredients and recipes

  • Buying a portable stove or cooking equipment

  • Staying in accommodations with kitchen facilities

  • Shopping at local markets or grocery stores

  • Trying street food or local specialties

travel tips to avoid unexpected costs

Flexible Travel Dates: Being flexible with your travel dates can save you a lot of money. Mid-week flights are often cheaper.

Use Budget Airlines: Airlines like Ryanair, EasyJet (or FrenchBee to Paris) can get you from city to city for less than the cost of a fancy dinner in New York City.

Pack Light: Avoid baggage fees by packing only the essentials. Plus, it makes hopping on and off transport much easier. (Unfortunately, I had to bite the bullet with this one since I traveled with two suitcases.)

Free Attractions: Many cities offer free walking tours, museums with free entry days, and other budget-friendly activities. Take advantage of them!

maximize credit card points

Maximizing credit card points can help you save money on travel expenses, such as flights, accommodation, or activities. Consider using a credit card that offers rewards or points for travel-related purchases. You can also look into credit card promotions or sign-up bonuses that offer additional points or rewards.

Some tips for maximizing credit card points include:

  • Researching credit cards with travel rewards or points

  • Using your credit card for travel-related purchases

  • Paying off your credit card bill in full each month to avoid interest charges

  • Considering credit card promotions or sign-up bonuses

  • Transferring points to airline or hotel loyalty programs

By maximizing credit card points, you can save money on travel expenses and enjoy your trip without breaking the bank.

an authentic experience

Along the way, I've met some wonderful people who took it upon themselves to show me how a real Parisian lives and enjoys life here. One unforgettable recommendation was dining at Le Deux Magots, a historic café whose name translates to "The Two Magicians." The ambiance and the food were exactly what you picture in your head when you think of stereotypical Paris. I highly suggest eating in the garden if you visit. For nightlife, I adored Bonnie, a chic lounge and club offering stunning views of Paris, including a sparkling view of the Eiffel Tower at night. It's the perfect spot to unwind and soak in the city's beauty with a cocktail and great music. Last but not least was Le Carmen - an opulent, historical nightclub that was built in 1875 and was once home to the composer Bizet when he wrote his opera. A must see if you enjoy history, good drinks, and a fun night out.

take the chance, don’t look back

Traveling in your 20s on a budget is not only possible but incredibly rewarding. You will collect memories, friends, and experiences that are priceless and worth the chance. There’s always a way to see the world without breaking the bank. So, pack your bags, download that home exchange app, and start planning your adventure. The world is waiting!

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