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Most of the time when people think of being frugal they think of cheap and nasty. There is of course a difference. If you're frugal you get the most out of things with the least, you realize what's there that other people don't and you find the best, cost viable way to do something.
Being cheap is being a tight ass and never spending money on anything, expecting freebies all the time and not spending money on other people's happiness as well. I believe you can definitely find many frugal ways to travel the world and have more fun if you really work hard, hunt for deals and get creative.
- Stay in hostels
Someone that's never stayed in hostels will sometimes turn their nose up at staying in one. Whether you stay in in dormitory style bed or a single room at a hostel I guarantee you will make more friends than in a swanky hotel. Hostel beds can be had for mega cheap and if you still want your own privacy get yourself your own room, it will be a whole lot cheaper than a hotel. Plus you can make friends easier. - Cook with friends
If you're lucky enough to find a hostel that has a kitchen then you're going to save heaps by being able to cook your own food plus being able to eat healthier. Get a few friends or hostel mates together and all pitch in and cook a big meal. People often forget that a lot of the times when we have the most fun is when we're interacting with other people. - Book your own flights
When I first went overseas I had no idea what I was doing so I got a travel agent to book all my flights for me. Idiot ! Internet flight sites are taking over and making it so easy to book flights, accommodation etc, that I don't know why you wouldn't do it yourself. Trawling around on the internet looking at all the flights you could potentially take is a lot of fun. Especially some of the layovers, you start thinking 'Wow if I have to stop here then I might go check X out'. Oh yeah, love the random destinations. - Take an overland ride overnight
Ok so this one might not rate quite as high up the fun meter as the other tips here but this one saves you dosh. You'll save on one nights accommodation plus you'll see a lot more of the country had you just jumped on a plane, not to mention being able to make some new travel buddies. Just keep an eye on your bags, easy for some @%# to steal it while your sleeping. - Volunteer
Volunteering seems like such a good idea to me. Most of the time these places are free so you can stay in a country much longer, your savings won't disappear and you get to have fun helping out people. Win win. - Get your own transport
I cannot recommend this enough. In a lot of countries (especially South East Asia) you can rent your own motorbike very cheaply, this is an awesome way to save you money and get your backside out into the real part of a country. I've done this many times and the idea of being able to just jump on your trusty steed and go anywhere you want is awesome. Not to mention the money you save, all you have to do is put fuel in the thing and off you go. I've found this is always cheaper than taking tourist buses too so I can see no downside to this at all so next time; get yourself a bike ! - Try Couchsurfing
If you haven't heard of couchsurfing then get out of your cosy hotel room and try it out. Couchsurfing is sleeping on a strangers couch, sounds pretty fun huh ? What could be better than finding a FREE bed for the night, getting to live with a local and making a new friend ? Hmmm not much I think. Check it out on the net, make yourself a profile and start searching for new strangers to sleep with...

Adrian Landsberg started The Lifestyle Compound for his love of entrepreneurship and travel. In October 2103 he quit his job of ten years to chase his dream of going on a multi-country, bucket list smashing mission. Recently he has bungee jumped naked, walked the most dangerous hike in the world and trekked to Mount Everest Base camp. Adrian enjoys writing about building passive income, self improvement, travelling and living a life full of fun and passion.