If you are a budget conscious traveler, there are few tried and tested ways to make sure you get worth of every penny you spend in a foreign land. In every destination, one of the ways to assure you experience a reasonably affordable holiday is by trying to stretch your money. Opting for homestays and vacation rentals are a great way to save your money. These would also give you the opportunity to mingle with local people and get an insight into their cultural aspect and lifestyle. Other two ways that help a lot in effective cost-cutting is traveling on public transport and eating as the locals do. A little bit of research on where to go and what to do for budget-conscious travelers in a particular destination is all you need to do to make your travel dreams into reality in a cost-effective way.