If you are a young traveler and you are traveling alone then there are a lot of options open for you as far as accommodation, lodging and dining is concerned. Even you need to plan well in advance so that you not only enjoy a well deserved break, but also make the most of your time and money. The first thing you need to decide on is the destination. If you have not yet decided, then read some travel books or conduct some research online in order to know more about the places you can visit. Once the place is decided, check out the options in accommodation. Since you are young and alone you can save a lot of money if you stay in a hostel (a small room with a common bath area). Check out for hostels in the area because it will be easy on your pocket. Hostels usually cater to young people who have a small budget and cannot afford to stay in expensive hotels. You can get information about this in the travel pamphlets of the city which is generally available in libraries.
Another important thing that every young traveler needs to know is how to avoid buying gifts or change money at the airport. This should be avoided because the rates for exchange are very high and it is better if you go to a bank for converting currency. Avoid shopping from places where tourists do because rates of items present in such markets are bound to be very high. You can go to the usual local market where you get good stuff for less.
Using the Internet can also prove to be helpful as it is the best way of knowing whether a hostel, dining spot or entertainment venue is good or not. This way you will be able to spend your money and time in the best manner. For instance if you are planning on going to Singapore, then visit its official website and all the important information will appear before you on the computer screen. It helps to visit the consulate. You will have to get familiar with the laws of that city before setting out to take pictures or walking in a new place because not every place has the same law. Theft is one thing you will have to be very careful about. If possible try and travel in a group. Eat in places where you get good food for less. Try taking just one meal outside so that you save money. For breakfast even a simple peanut butter sandwich in your room is good enough. Whenever you want to eat out you can try out the local restaurants and eating joints. Try to cut down on the souvenirs you buy. In fact, few postcards and photos will be more than enough for you to remember your trip.