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Slow travel = budget travel

Nomads Productivity Entrepreneurs

Slow travel is a terrible name for what it actually is. It suggests that travelling slowly is in fact slow, perhaps dull, or even boring.

We argue, instead, that slow travel is better than fast travel. It is more exciting and memorable.

It’s easy to imagine a trip where you do 5+ touristy things a day, spend your life’s savings, and come home in need of another vacation. The reason it's easy to imagine is that you’ve done it already.

Let’s try to make the case for why slow travel can be you and your wallet’s best friend.

Loading image: We are Ella & Ryan, digital nomads, exploring the world mindfully. Between getting married, becoming nomads, and starting our own businesses, we’re sharing everything we learn along the way. Here is a picture of us in Evora, Portugal. We are Ella & Ryan, digital nomads, exploring the world mindfully. Between getting married, becoming nomads, and starting our own businesses, we’re sharing everything we learn along the way. Here is a picture of us in Evora, Portugal.

We're Ella & Ryan!

We're digital nomads, exploring the world mindfully. Between getting married, becoming nomads, and starting our own businesses, we’re sharing everything we learn along the way.

Long-term stay discounts

The entire premise of slow travel is staying in one place for a longer period of time. By doing so, you become eligible for extended stay discounts. Many accommodation providers, like hotels, Airbnb, or Vrbo, offer discounts for extended stays. Some offer over 50% off for monthly stays. Sign us up, please!

Staying longer avoids the costs of relocating more often. These include getting to and from the airport, flying, and restocking your food.

💰 Cost of living differences: During our 4-week stay in Santiago, Chile, we got a 20% discount on our monthly rental. The rental fee was cheaper than what we spent renting in Toronto, Canada. That was without even adding utilities and apartment insurance.

Lower transportation expenses

Slow travel cuts the need for expensive flights. It requires less moving between destinations. Instead of hopping from city to city or country to country, you can explore more of a single destination. This reduces the amount you spend on flights, trains, and buses.

Less spent on flights

A $500 return flight to Europe is very different for slow and fast travellers. Spread out over a 7 or 28 day trip, the flight is either $71/day or $18/day.

Use public transit

If you're staying in one place for a while, consider a monthly transit card, renting a bike, or other cheap transport options. It cost us $0.35 to ride La Paz's amazing cable car and $1.00 for the metro in Santiago, a bargain compared to North American cities.

Weekend getaways

You can also go on weekend trips and leave your accommodation as is. With the monthly discount, it may be cheaper to leave your room empty while you explore other places on the weekend.

🧳 Our own weekend getaways: We did this twice during our trip to Chile. We visited Patagonia for 5 days and were able to leave 80% of our clothes at our base Airbnb in Santiago. We also spontaneously visited Valparaíso for 2 nights and took a bus there last minute!

Cooking and local eating

How many times have you missed a home-cooked meal while you’re away? Us too.

Eating out can quickly add up when you’re traveling, and the excitement can fizzle. Slow travel often means having a kitchen. It lets you prepare your own meals and save money on food. Cooking while travelling is cheaper than eating out 99% of the time.

Shopping at supermarkets and local markets can also be a fun experience and teach you a lot about the local cuisine. You can quickly see what locals are eating. This avoids the influence of tourist traps that cater to Western tastes. 

💰 Pro-level budget travel tip: Treat the supermarket or local market as a tourist outing. Outside of what you buy, it’s free. Being among locals and buying the food they buy is the epitome of slow travel.

🇧🇴 Local cooking in La Paz: We learned to make many new dishes out of necessity. The local supermarkets didn’t carry many of the foods we were accustomed to, making it difficult to prepare familiar meals. Budget friendly and we learned a lot!

Immersive experiences

While not a direct financial benefit, the immersive and local experiences that come with slow travel can contribute to more rewarding, authentic, and richer travels. Richer… see what we did there?

By truly getting to know a place, you might discover hidden and local secrets that are often more affordable than touristy attractions with inflated prices.

💰 Pro-level budget travel tip: Ella brilliantly took advantage of a local Pilates studio’s initiation promotion, getting multiple weeks' worth of classes at a discounted rate. Despite having to take pilates in a foreign language, Ella exercised, saved money, and now has a memorable story to tell.

🇨🇱 Spanish lessons: In Chile, we opted to take Spanish lessons during our visit. We met many other like-minded slow travellers, ended up taking salsa lessons one night with other students, and met friends who we travelled more with after our classes ended.

Low cost of living hotspots

For those who are fortunate to participate in slow travel, you can take it to pro-levels by visiting low cost of living destinations. You can stretch your budget much further in destinations with less expensive food and accommodation. You will likely have to compromise on comfort, but being able to live on dollars a day, as opposed to hundreds a day, can be quite appealing to a budget traveller.

Loading image: Beautiful vibrant and colourful La Paz village passing over teleferico Beautiful vibrant and colourful La Paz village passing over teleferico

La Paz, Bolivia

$47 USD per night for a modern Airbnb, most meals were under $10 each and local transit was $1.50 per trip.

Loading image: Woman riding first class on RegioJet train between Prague and Vienna 4 hour trip digital nomads backpacking Woman riding first class on RegioJet train between Prague and Vienna 4 hour trip digital nomads backpacking

Prague, Czechia

$62 CAD each for spacious first class train tickets on a 4-hour trip from Prague to Vienna with complimentary drinks.

Loading image: Digital nomads drinking wine in Nazare Portugal, cheap and inexpensive high quality wines. Digital nomads drinking wine in Nazare Portugal, cheap and inexpensive high quality wines.

Nazaré, Portugal

€2 on average for a bottle of wine at the local store. Might be normalized for some but this is unheard of in North America!

Work remotely

Combine living in a low cost of living hotspot with working remotely and you’re golden. Digital nomad living can be significantly cheaper than living a conventional western lifestyle when you seek out more affordable travel destinations.

By staying in one place for an extended period, you can maintain a stable work environment and keep earning an income while you travel. This financial stability can make travel more sustainable in the long term.

💰 Our nomad budget We’ve been travelling and working remotely full-time since September 2023. We’ve visited some incredible places, both expensive and inexpensive, and consistently kept our monthly expenses far below what they were before.

Final thoughts

Slow travel offers a unique approach to exploring the world that can be both financially beneficial and deeply fulfilling. Focus on reducing accommodation, transportation, and food costs. Actively seek out opportunities to travel to cheap travel destinations and potentially work remotely.

To see the difference in how much you spend while fast travelling and slow travelling, check out our simple and easy-to-use budgeting tools built for travelling! 

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