Traveling does not have to cost a lot. First, choose cheap accommodation. A youth hostel is a great choice for students. You share a room with other travelers, and you can make new friends. Second, pack light. If you carry only a small bag, you will not have to pay extra for luggage on the plane. Third, eat where the locals eat. Street food is cheap and delicious. Finally, don't buy too many souvenirs. Photos and memories are the best things to take home.
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Last spring, our class went on a three-day excursion to Hualien. We took the train along the east coast, and the view of the ocean was amazing. On the first night, we stayed at a small inn near the mountains. The owner cooked us a big dinner with local vegetables. The next morning, we went sightseeing in a famous national park. The cliffs were so tall that I felt tiny. Our journey home was long, but nobody complained. We were all too busy sharing photos.