How to Travel the World on $50 a Day Summary

Traveling doesn’t have to be expensive or dangerous – it’s about mindset, preparation, and embracing the adventure.

1. Fear of the unknown is the biggest barrier to travel

Many people avoid traveling because they believe the world is dangerous or they feel too old to explore. These fears are often fueled by sensationalized media coverage that focuses on disasters and crime in foreign countries. However, the author, Matt Kepnes, has spent over a decade traveling and has never encountered violence or hostility.

The truth is, people are generally kind and welcoming, no matter where you go. The fear of the unknown often stems from a lack of exposure to positive stories about other cultures. For example, only a small percentage of US news covers international affairs, and most of it highlights negative events. This creates a skewed perception of the world.

Age is another common excuse. Kepnes shares stories of older travelers, like a 65-year-old man he met in Poland who was exploring Europe and India. Families with children and retirees also travel extensively, proving that age is no barrier to adventure.

Examples

• Media outlets often focus on crime and disasters, creating fear of foreign lands.
• Kepnes has traveled for over ten years without encountering violence.
• A 65-year-old traveler Kepnes met in Poland was actively exploring multiple countries.

2. Travel is more affordable than you think

Many people assume travel is too expensive, but Kepnes argues that it can be cheaper than staying home. By tracking your current expenses, you’ll likely find that you spend more than $50 a day on rent, food, and other costs. Traveling on $50 a day is entirely possible with some planning.

Saving for travel doesn’t require drastic changes. Simple adjustments, like cutting back on dining out, brewing coffee at home, or renting out your apartment, can help you save thousands. For example, skipping daily coffee shop visits could save hundreds of dollars annually.

Kepnes also emphasizes the importance of budgeting while traveling. By setting aside money for specific categories like food and accommodation, you can control your spending and make your savings last longer.

Examples

• A $50-a-day travel budget adds up to $18,250 annually, often less than living expenses at home.
• Cutting out nonessential expenses like dining out can save significant money.
• Renting out your apartment while traveling can offset costs.

3. Flexible travel plans save money on flights

Airfare is often one of the biggest travel expenses, but Kepnes offers strategies to cut costs. Round the World (RTW) tickets, offered by airline alliances like Star Alliance and Oneworld, allow travelers to visit multiple destinations at a lower cost. These tickets require you to travel in one direction and start and end in the same location.

Flexibility is another key to saving on flights. Midweek flights and early morning or late-night departures are usually cheaper. Being open to last-minute deals or less popular destinations can also lead to significant savings.

Kepnes advises using tools like flight comparison websites and setting alerts for price drops. By staying flexible and informed, you can find affordable airfare and stretch your travel budget further.

Examples

• RTW tickets allow up to 15 stops and cover 29,000 to 39,000 miles.
• Midweek and off-peak flights are often cheaper than weekend or holiday travel.
• Flight comparison tools and alerts help identify the best deals.

4. A good backpack is your best travel companion

A functional backpack is essential for hassle-free travel. Unlike suitcases, backpacks are versatile and allow you to navigate various terrains, from city streets to mountain trails. Kepnes recommends choosing a semi-waterproof backpack with multiple compartments and lockable zippers for security.

The size of your backpack should match your needs and physical capacity. Testing the weight and fit before purchasing ensures comfort during long trips. Outdoor gear stores often let you try backpacks loaded with weight to simulate real use.

Packing smartly is equally important. By prioritizing essentials and avoiding overpacking, you can travel light and avoid unnecessary strain. A well-organized backpack makes it easier to access items and stay prepared for any situation.

Examples

• Semi-waterproof backpacks protect belongings during unexpected rain.
• Lockable zippers prevent theft and tampering.
• Testing backpack weight and fit ensures comfort for long-term use.

5. Budgeting and hospitality exchanges reduce accommodation costs

Luxury hotels are out of the question for budget travelers, but there are plenty of affordable alternatives. Hospitality exchange platforms like CouchSurfing connect travelers with locals offering free or low-cost accommodations. These platforms also foster cultural exchange and create memorable experiences.

Budgeting is essential to make your money last. Kepnes suggests tracking expenses in a journal and adjusting spending as needed. For example, if you splurge on a fancy meal, you can compensate by cutting back on other expenses in the following days.

Walking instead of using taxis or public transport is another way to save money. Staying with locals often provides insider tips on free or low-cost attractions, further stretching your budget.

Examples

• CouchSurfing offers free accommodations in over 70,000 cities.
• Tracking expenses helps balance splurges with savings.
• Walking instead of taking taxis reduces transportation costs.

6. Cooking at home saves money on food

Dining out can quickly drain your travel budget, but cooking your own meals is a cost-effective alternative. Most hostels and guest apartments have kitchens, allowing you to prepare simple meals. Weekly groceries typically cost $50 to $80, much less than eating out daily.

Local markets are a great place to buy fresh, affordable ingredients while experiencing the local culture. Kepnes suggests observing what locals buy to discover regional specialties. Cooking at home doesn’t mean missing out on local cuisine – you can recreate traditional dishes with market-bought ingredients.

For special occasions, lunch specials at restaurants offer a more affordable way to enjoy local dining. Many restaurants, especially in Europe, have discounted lunch menus that provide the same quality as dinner at a fraction of the cost.

Examples

• Weekly groceries cost $50 to $80, compared to $20+ per restaurant meal.
• Local markets offer fresh, affordable ingredients and cultural immersion.
• Lunch specials provide high-quality meals at lower prices.

7. House-sitting and WWOOFing make expensive destinations affordable

Countries like Australia can be expensive, but creative solutions like house-sitting and WWOOFing make them accessible. House-sitting allows you to live rent-free in exchange for caring for someone’s home, pets, or plants. Websites like Aussie Housesitters connect travelers with opportunities.

WWOOFing involves volunteering on organic farms in exchange for room and board. Australia’s vast agricultural landscape offers plenty of opportunities for this type of work. It’s also a great way to meet locals and learn about the culture.

Cooking at home is especially important in expensive countries. While dining out in Australia can cost $25 per meal, weekly groceries are more affordable at around $80. Camping is another budget-friendly option, but you’ll need cooking gear to avoid overspending on food.

Examples

• Aussie Housesitters connects travelers with house-sitting opportunities.
• WWOOFing offers free accommodation in exchange for farm work.
• Cooking at home saves money in high-cost destinations like Australia.

8. Southeast Asia is a paradise for budget travelers

Southeast Asia is one of the most affordable regions for travelers. Countries like Laos, Vietnam, and Cambodia offer accommodations as cheap as $2 per night in rural areas. Even in touristy areas, basic rooms with amenities like air conditioning cost around $10.

Food is another area where Southeast Asia shines. Street food stalls and local markets provide delicious, authentic meals for just a few dollars. Western food is more expensive, so sticking to local cuisine helps keep costs low.

Despite the low prices, Southeast Asia offers rich cultural experiences and stunning landscapes. From ancient temples to bustling markets, the region provides incredible value for budget-conscious travelers.

Examples

• Rural guesthouses in Southeast Asia offer rooms for as little as $2 per night.
• Street food costs just a few dollars and showcases local flavors.
• Tourist areas still provide affordable accommodations at around $10 per night.

9. Travel credit cards can save you money

Travel credit cards are a smart tool for frequent travelers. These cards earn points for every purchase, which can be redeemed for flights, hotels, and other travel expenses. Some cards even offer sign-up bonuses that cover the cost of a round-trip flight.

Another benefit is the lack of foreign transaction fees, which can add up during international trips. By using a travel credit card, you can save money while earning rewards for future adventures.

Kepnes recommends researching different cards to find one that aligns with your travel goals. Many cards also offer perks like travel insurance and access to airport lounges, adding extra value.

Examples

• Travel credit cards earn points for flights and hotels.
• Sign-up bonuses can cover the cost of a round-trip flight.
• No foreign transaction fees save money on international purchases.

Takeaways

1. Start saving for travel by cutting nonessential expenses like dining out and coffee shop visits.
2. Use tools like CouchSurfing and WWOOFing to find affordable accommodations and cultural experiences.
3. Get a travel credit card to earn points, avoid foreign transaction fees, and save on future trips.