Travelers who are wise to save foreign currency by staying at places offered for rent by the local citizens should straight to AirBnB. It is a sort of online marketplace for travelers to share accommodation that are much cheaper than hotels.
This is a wonderful way for the local citizens to earn some pocket money and also gain friendship. This concept has been gaining favor among frequent travelers who are always travel on a tight budget.
AirBnB offers search facility in 1700 cities located in 101 countries. It is aptly called the "Ebay for space" by Time Magazine,