With the strength of the British Pound increasing, American budget travelers are being priced out of London, but if you do find yourself traveling on a budget in London follow these tips to help guide you through London on the cheap.

Sites:

A lot of what you come to London for is free. You can view the culture and historical architecture all for nothing. Buckingham Palace, Big Ben, Parliament and the famous bridges...all of these buildings and structures are free to view and enjoy. Bring a camera and hone your photographic skills while you take in the rich history.

Geurilla budget tip: Wesminster Abbey has an admission fee of £10 - but it is free to enter if you are going in to worship

Many of London's museums are free. The London Museum of Science, The Natural History Museum, The British History Museum and the Museum of London are all free to enter and browse. You can get your fill and then some of British history and London's museums without spending a pence.

Attractions:

Start by saving yourself £1 (the price charged for a map at the tourist office) and pick one up in pamphlet form from one of the many bus or pedestrian tour operators - for free! Or, if you're at The Museum of London you can have a free map of London for the asking. All of these free maps will give you a good idea of where London's attractions and sites are as well as being an excellent reference for where bus and tube stops are.

The changing of the guard at Buckingham Palace is London's iconic ritual and takes place at 11:30 am. This is a must-see during your visit to London and you'll be happy to hear that it's free!

Old London Towne has a wide array of city parks and open spaces. These are great places to go to people watch and mingle with both locals and other travelers. There are many sculptures scattered throughout London's parks for your aesthetic pleasure.

While there are many places referred to as Speaker's Corner, the term is nearly synonymous with the northeast corner of Hyde Park in London.  A visit to this instance of a speaker's corner may be rewarded with a lunatic speaking about space aliens or a well thought out dissertation on socio-economics  in the world, or perhaps a combination of the two.  One thing you can count on is that whatever the topic du jour is, it will be worth the price of admission.

Sundays in London provide a people watching experience of epic proportions as this is market day the throngs of Londoners will be out and about at any of the city's 100's of markets.  Some of the more popular ones include the flower market, the Camden market and the Portobello market - see your free London map for locations.

Misc. Money Saving Tips: 

Buy an oyster card.  It's a mystery why it's called an oyster card - but the pearl is evident in that the card will potentially save you quite a few quid on bus fare.

Free internet at city libraries.  There is a half-hour limit, but if the particular library isn't busy at the time you're there, you'll likely be welcomed to take your time and do what you need.

These low budget travel tips should help you visit London without breaking the bank.  Happy Travels! 

One of the basics of the traveler's budget is the cost of food or dining. Drinks should also be included in this category, as even the most frugal traveler will want to enjoy the occasional drink - in fact, many younger travelers seem to try to save everywhere else so that they are able to spend more on drinking.

The most obvious method to save money on food is to eat less, but that may not be a viable option and one certainly doesn't want to take risks with their health and welfare just to save a couple of bucks. A consideration of the dining budget should be the destination. In Norway, for example, a combo meal much like you might buy in the U.S. at one of the leading fast food places will set you back about $12USD - compared to about one-third that in the U.S. Conversely, you can eat well for three or more days in India for the cost of one of those combo meals.

Another important consideration to think about when planning for food costs is where you will be staying. Most hostels will have a kitchen that is available for use by guests. If you are going to be staying at a hostel for more than a couple of days you can save huge amounts of money by buying food at the local grocery store or market and preparing it yourself. Many hostels have an area where previous guests may have discarded food items that they weren't able to use and they don't want to carry with them. Look for this at your hostel as the best things in life really are free.

If you have no cooking talent whatsoever or you just don't want to be bothered with preparation and clean up of meals, there are other options. If it's a hot meal that you desire our recommendation is to seek out a local street food vendor. Street food is often the quickest way to get into the culture of your hosts. Make sure to pick a vendor that has lots of business. Especially look for mothers with their children. This is a good indication that the food preparation methods are less likely to get you sick. If in doubt about sanitation, opt for fried food. The nasties that get you sick have a much tougher time surviving the process of being fried. Never eat raw vegetables or fruits in undeveloped countries. You never know what they've been fertilized with, and even if they have been washed off you have to question the cleanliness of the water they're washed with.

One of my favorite ways to save money on food without the hassle of cooking meals is to eat summer sausage with crackers and cheese. It's easy to pack, keeps well for a few days without refrigeration and is oh so tasty. And don't forget, the same things that are cheap back home are cheap abroad as well. Ramen is almost universally available, inexpensive, and easy to prepare and can be easily spruced up with a variety of things available from local markets or grocery stores.

Eat and drink local brands. This is especially true for those who seek alcoholic beverages. Imported beer, wine and spirits are often more expensive than their locally made counterparts. Drinking with the locals is another quick way to infuse yourself into the local culture and enrich your travel experience.