If there is one thing that traveling teaches an individual, it would be resourcefulness.  Traveling the world with only a backpack appears to be a lucrative experience, but in reality, it is far from luxury.  Oftentimes, serial backpackers or those who are experts in the field of shoestring traveling have compromised comfort for discounts and at times free food and lodging.  But if you are serious about this feat, you can follow these tips to help you travel with limited budget.

Couchsurfing

Couchsurfing is a term coined referring to the act of hosting fellow travelers.  Members of couchsurfing site establish communication and relationship through a social media platform.  If you are lucky, one member can offer his place to you for free or for minimal fee.  The main goal is to expand network with fellow travelers.  You might also have the same privilege to host other backpackers once they come visit your city or country.

Travel grants

Travel grants are given for different purposes - professional work, research, or studying among others.  Depending on your qualification and the program offering, you can travel to a designated or requested country for free.  Others offer free boarding and transportation allowances.  Whatever the inclusions are, it is always a great way to save on typical travel costs.

Liquidate your assets

Do you consider yourself a nomad?  Can you live a one-suitcase life?  If yes, then it is time to liquidate your disposable assets.  If you intend to travel long term and are seeking additional funds, rent out your apartment.  Not only you will be given an additional source of income but you are assured that someone is keeping the spider webs out of your home.  You can also sell old clothes, shoes, gadgets, car, and other stuff that you think you can live without.  It is just a matter of decluttering and letting go of less important things.

Use your talents and work menial jobs

Are you good at singing or entertaining guests?  Perhaps you can apply as a waitress at the nearby pub or restaurant.  Do you have impressive artistic skills?  Join a league of local artists and get paid to do murals or graffiti.  Traveling is the perfect time to unleash your hidden talents and use it as money-generating schemes.  Traveling takes you out of your comfort zone; takes you to places you have never been; and experience moments you never imagined you will.

Volunteer

Unknown to most people, volunteers are in demand in off shore assignments.  Many organizations are looking for like-minded individuals who can join them in humanitarian causes related to education, health, and livelihood progression.  You do not need to jump from one office to another looking for volunteering activities because the web is the best source of aggregated information.