1. Sri Lanka
Known as the pearl of the Indian Ocean, Sri Lanka is a beautiful tropical island near the tip of the Indian sub-continent. The temperature ranges anywhere from warm to hot with no traditional seasons. Due to its size, the island can be explored very easily and there are many cheap tours to take. For a relaxing beach holiday, Sri Lanka cannot be beaten.
2. Nepal
If you have an interest in Buddhism or your spiritual side needs reawakening, Nepal is an excellent destination. Well known for being a great sanctuary for backpackers, the country is cheap and has a wealth of history to explore. The local villagers are generous with what they have and you can learn about the local culture while sampling ethnic dishes.
3. Iceland
Due to the collapse of the Icelandic currency, now is the best time to visit Iceland and see amazing scenery unlike anything else on Earth. Volcanoes, bubbling mud and great nightlife in the capital make for an unforgettable trip; all this just a few hours from home.
4. Mexico
This is where Americans head for their cheap holiday destination and we can make it ours too. With tasty food and even better beaches, which are backed up by great flight deals to encourage tourism in the area, it is certainly worth a look. You can even find cheap flights if you look online.
5. Bulgaria
Cheaper than most of Europe, this country is steeped in history and has some great beaches. Package holidays are a dime a dozen and our currency is still managing to hold up against the local Lev. Bulgaria is still relatively undiscovered, ensuring your stay will be peaceful and quiet.
6. Las Vegas
Believe it or not this once expensive holiday destination has become one of the cheapest and more interesting holidays you can take. With the credit crunch hitting gamblers hard, there are discounts and bargains to be had. Just be careful not to gamble all of your money away.
7. Thailand
This relatively small paradise is still one of the best value for money options in the Far East. The flights may be a little on the long side, but once you get there you have incredible scenery, sandy beaches, warm climate and the notorious Thai nightlife.
8. Budapest
On the banks of the Danube this city has architecture to die for and enough art museums to satisfy anyone’s tastes. This romantic city is special and above all, it is still has cheap food and wine. Great for a weekend break.
9. Mumbai
Just about anywhere in India is going to be cheap, but Mumbai offers something special. From the searing poverty of the slums to the financial centre which has new buildings and some of the best restaurants in the World, you will see all that life has to offer. You can get a sense of perspective in a city like Mumbai.
10. London
The recession has meant that even the most expensive city in the UK has dropped its prices. You can now find special deals in London hotels and restaurants and can even visit a show and stay the night at half the price it used to be. Now is definitely the time to visit the UK capital.