One way of saving a lot of money when travelling is engaging in a home exchange program. Here you will be making mutual agreement with another person from your choice of destination. The arrangement is basically like this: you are going to offer your home to someone for free stay for a period of time agreed upon by you and that person. In return, the latter will let you borrow his or her house for the same length of time.
What makes this program popular is that there is no financial obligation involved most of the time. The money you have set aside for your accommodation can be diverted to something else. It can be easy for you to find someone that is interested in visiting your country of residence. There are a lot home exchange communities on the Internet today where travellers and tourists mingle and interact.