Tuck your essentials -- including a tent and a sleeping bag -- into a backpack and head out on your tour of Europe. Hiking and biking may not be the fastest ways to travel, but they're often the cheapest. If you can also carry cooking equipment, you will save even more money. In addition to the health benefits, traveling by foot or bike is an opportunity to slow down and meet local people.
A backpacking tour around Europe may appeal to younger travelers, outdoors enthusiasts, as well as those on a limited budget. Internet sites and budget-friendly travel guides will help you find the most inexpensive options, such as campgrounds. Backpackers also often congregate in hostels where they can meet other travelers and exchange money-saving tips.
Like traveling with others? Rent a vehicle with one or more friends and split expenses during your trip. Vehicles come in all shapes and sizes to meet your needs and there is no shortage of rental agencies available. Because some countries won't recognize your American driving license, get an International Driving Permit.
If you prefer to travel with a large group of people and like having an itinerary planned out in advance, try a bus tour. These tours let visitors meet several other travelers while touring the sights. Bus tours offer less expensive traveling by booking hotels and restaurants in bulk. Some bus tours even specifically target the budget market.
