how to travel the world on a shoestring budget katelyn michaud
TRANSCRIPT
How to Travel the World on a Shoestring
BudgetKatelyn Michaud
Where do you want
to go?
What’s holding
you back?
What Holds You Back From Travel?
Money Work Time Travel companions Fear Children Health
Who am I? Certified workaholic
Healthcare analyst (full-time) Fitness trainer & instructor (part-
time) Endurance sport coach (part-time) Freelance writer (part-time)
Strong case of Wanderlust Penny pincher Travel blogger and amateur photographer
Spanish language student
The Planning Process
Where do you want to go? Do you have a specific location you want
to go? Are you flexible?
When do you want to go? Do you have a specific time you want to
go? Are you flexible? How long do you want to go for?
Do you have a budget? How much can you spend? Are you using any awards points?
Steps to
Planning Your
Trip
Step 1: Make a budget
Step 2: Choose a time of year
Step 3: Choose a location
Step 4: Research airfare or transportation
Step 5: Research accommodations
Step 6: Research activities and tours
Step 7: Pack efficiently
Step 1: Budget
You NEED a budget
Research costs of transportation, accommodations, and activities of where you’re going to determine budget
Once your budget is established, add 20% to it
And most importantly… STICK to it!
Step 2: Time
Flexibility is key to saving money
Travel in the off-season or shoulder season when possible
Europe: Shoulder Season
April – Mid-June September – October
Off-Season November – March
Central America: Shoulder Season
May September - November
Low Season Mid-April – Early-December
South America: Shoulder Season:
November May
Depends on country/region
Let prices dictate where you go
Step 3: Location
Specific location
Flexible location
Step 4: Transportatio
n
Airfare Airport preference Rewards/Miles Budget airlines
Ground Transportation Bus Taxi Car rentals Car shares/hitch-hiking
Step 5: Accommodat
ions
Accommodations Budget hotels Hostels Camping Airbnb Couchsurfing
Step 6: Activities
and Tours
Google “(location) travel blogs”
Check TripAdvisor
Travel Guidebooks (i.e., Lonely Planet, Fodor’s)
Visit Tourism Boards
Student/Teacher/Mature Adult Discounts
Free museum nights/days
Look for free events and tours Free Tours by Foot Hostel-sponsored tours/events
Step 7: Packing
Avoid checked baggage fees when you can! If you must check baggage consider an
airline-branded credit card
Learn to pack only what you need
Packing cubes are your best friend
Pack once, unpack and remove items, and pack again!
Travel Hacking 101
How to Use Credit Cards to Earn Free Flights, Hotels, and Travel
Rewards
Travel Hacking
101 What is travel hacking? Travel hacking is the art and science of
using credit cards to earn rewards and miles to cover the costs of travel expenses
How does it work? Sign-up bonuses Normal spending Filling out surveys Manufactured spending
The Best Travel Cards
Barclays Arrival Plus
• Earn 40,000 points when you spend $3,000 within 90 days – this translates to a $400 travel statement credit
• Earn 2x points per $1 spent on all purchases
• Points never expire as long as the account is open and in good standing
• Points can be used for any travel-related expenses, such as flight, hotels, bus or train travel, travel insurance, etc. (2,500 points = $25 in travel statement credit)
• No foreign transaction fees• 10% points back when you redeem for
travel statement credits• Chip-and-pin technology• $89 annual fee; waived the first year
The Best Travel Cards
Chase Sapphire Preferred
Earn 40,000 points when you spend $4,000 within the first 3 months of account opening
Earn an additional 5,000 points when you add an authorized user to the account and they make one purchase within 3 months
40,000 points is equivalent to about $500 if used in the Chase Ultimate Rewards website
1:1 points transfer to several major airlines and hotels, including (but not limited to) United, Southwest, British Airways, and Hyatt Gold Passport
Earn 2x points on all travel and dining and 1x points on everything else
No foreign transaction fees
Chip-and-pin technology
$95 annual fee; waived the first year
The Best Travel Cards
Starwood Preferred
Guest
Earn 10,000 points with your first purchase and an additional 15,000 after spending $5,000 within 6 months
Earn 5x points with Starwood preferred Guest hotels and resorts and 1x points for everything else
Earn free nights at over 1,100 hotels and resorts in over 100 countries with no blackout dates (points go a long way in many Asian hotels)
Transfer points to over 30 airline mileage programs, including (but not limited to) Delta, American Airlines, Air Canada, Alaska Airlines, etc.
Travel accident insurance
$65 annual fee; waived first year
The Best Travel Debit Card
Charles Schwab High Yield Investor Checking Account
No ATM fees worldwide (refund at end of month)
No minimum balance Chip-and-pin technology No fees No foreign transaction fees Open online or at a local branch
Reward Travel: $1500 Plane Ticket for $131.50!
Case Study:
New York City
Flight: Jet Blue - $179 (Erased with Barclays Arrival)
Hostel: HI NYC Hostel - $49/night dorm bed (One night free coupon & erased paid night with points)
Activities: Free Tours by Foot Brooklyn Bridge Tour -
$20 tip Free Tours by Foot Harlem Tour - $10 tip Highline Walk – FREE Staten Island Ferry to see the Statue of
Liberty – FREE 9/11 Memorial – FREE Central Park – FREE Top of the Rock - $30 (erased with points)
Transportation: From JFK – AirTrain to LIRR & MTA
Subways Around NYC – Subways & walking
Case Study: Azores
Flight: SATA Airlines - $330 RT from BOS
Hostel: Vintage Place Guesthouse - $60 for 4 nights
Food: Under $100 for 5 days w/ alcohol
Activities: Road trips around the island with new
friends - FREE Military Museum - $5 Hot Springs - $3
Transportation: Airport shuttle - $7 Rental Car Share - $25
Case Study:
Guatemala
Flight: Delta into Belize; Express bus to Flores
Hostels: Los Amigos ($8), Tikal Inn ($65)
Food: $15
Activities: Tikal National Park - $40 Walking tour of Flores
Transportation: Express bus from Belize to Flores - $25 Bus/Taxi - $50
Case Study: Belize
Flight: Delta - $700 from BOS
Hostels: Pedro’s Inn, Bella’s Backpackers, Sea Breeze Guesthouse
Food: Ate local, refilled water
Activities: Cave Tubing - $75 Snorkeling - $60 (went twice) Massage on beach - $55 Read on the beach – FREE Walk around town/island – FREE
Transportation: Water Taxi - $25 roundtrip Air Topic Flight to Airport - $95
Helpful Websites and
ResourcesWebsites that you need to bookmark to save on travel
Flights Search Engines: Kayak Explorer Airfarewatchdog The Flight Deal Skyscanner Google ITA Matrix or Google Flights
Flight Deal Newsletters/ Forums The Points Guy The Flight Deal FlyerTalk Nomadic Matt
Accommodations
Free Accommodations: Couchsurfing Servas Camp in My Garden WWOOFing House sitting (House Carers, Mind my
House)
Budget Accommodations: Hostels (Hostelworld, Booking, Lonely
Planet) Airbnb HomeAway
Search Engines: Priceline Agoda
Activities Tours:
Free Tours by Foot (US-based cities) Free walking tours with hostels New Europe Walking Tours
Discount Cards: Student cards (ISIC Student/Teacher) City Tourism Cards
Free Activities: Check websites for free days Check with hostels/hotels/tourism boards Look for street festivals
Transportation
Walking!
Local buses & Subways
Inter- and Intra-Country Buses: “Chicken buses” (Central America) Busabout Backpacker Buses Megabus UK MEiNFERNBUS TicaBus Omnilineas
Trains: Interrail Eurail
Questions?Thank You!
@wanderinglobsta
@thewanderinglobster
Diaries of Wandering Lobster