Cheapest Places on Earth: Budget-Friendly Travel Destinations for Young Adventurers

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Discover the cheapest places on Earth to travel, like Nepal, Vietnam, and Thailand. Experience diverse cultures, affordable food, and budget-friendly accommodations. Explore safaris in South Africa and beautiful beaches in Mexico. These destinations provide rich travel experiences that fit your budget and satisfy your wanderlust.

In South America, Colombia and Peru are excellent choices. They feature rich cultures, friendly locals, and low-cost activities. Adventurers can explore the vibrant streets of Medellín or hike to the majestic Machu Picchu without breaking the bank.

Eastern Europe also presents budget-friendly travel options. Cities like Budapest and Krakow boast beautiful architecture, historical sites, and inexpensive dining. Young travelers can immerse themselves in the local culture while managing their expenses effectively.

In addition to these regions, Africa offers Morocco as a unique destination. Here, young adventurers can experience bustling markets, picturesque towns, and diverse landscapes at minimal costs.

As young travelers prioritize budget-friendly locations, they can also consider creative ways to save money. From seeking out local experiences to using public transportation, innovative strategies enhance their adventures. Now, let’s explore practical tips for maximizing the experience in these affordable destinations.

What Are the Cheapest Places on Earth for Young Adventurers?

The cheapest places on Earth for young adventurers are countries that offer low costs for accommodation, food, and activities. Popular options include Southeast Asia, Eastern Europe, and parts of South America.

  1. Southeast Asia
  2. Eastern Europe
  3. South America
  4. Central America
  5. India and Nepal

Southeast Asia:
Southeast Asia is known for its affordability, with countries like Thailand, Vietnam, and Cambodia offering low-cost housing and food. Young travelers can find dormitory-style hostels for under $10 a night. Street food is abundant and cheap, often costing less than $2 per meal. According to a report by the World Bank (2022), tourism contributes significantly to the economy in these countries, allowing travelers to enjoy diverse experiences at little expense.

Eastern Europe:
Eastern Europe presents a rich cultural experience at a low cost. Countries like Poland, Hungary, and Romania have affordable hostels, meals, and public transport. Research published by the European Travel Commission (2021) indicates that the cost of living in these places can be half compared to Western Europe. Young adventurers can explore historical sites without expensive entrance fees, making it suitable for budget travel.

South America:
South America, especially countries like Colombia and Peru, offers breathtaking landscapes and cultural experiences. The cost of accommodations can be as low as $15 a night. Street markets provide fresh food options well under $5. A study conducted by the UNWTO in 2021 highlights the stunning natural beauty and affordability of travel in these regions. The Inca Trail in Peru, for example, combines adventure and history at a manageable cost.

Central America:
Central America, including Guatemala and Nicaragua, offers a variety of adventures. Budget travelers can find dorm rooms for approximately $10. Local markets feature affordable food options, and many natural attractions are free or have minimal entrance fees. The Nature Conservancy emphasizes that sustainable travel can be achieved at a lower cost in these regions while positively impacting local communities.

India and Nepal:
India and Nepal attract young adventurers with their low prices for travelers. In India, budget accommodations start around $5, and meals may cost as little as $1. Nepal, particularly for trekking, is also very affordable, with entry permits and guides available for reasonable fees. According to a travel analysis by Lonely Planet (2023), these countries provide a colorful and diverse experience without breaking the bank.

Which Southeast Asian Countries Offer the Most Affordable Experiences?

Southeast Asian countries that offer the most affordable experiences include Vietnam, Thailand, Cambodia, and Indonesia.

  1. Vietnam
  2. Thailand
  3. Cambodia
  4. Indonesia

These countries are popular among travelers due to their low living costs, affordable accommodations, and inexpensive transportation options. However, opinions may vary regarding the perceived safety and quality of experiences in each destination. Some travelers argue that while Vietnam offers the best street food at lower prices, Thailand excels in its hospitality and tourist infrastructure. In contrast, Cambodia may be more affordable for cultural experiences but has fewer developed tourist facilities. Therefore, choosing the right country depends on individual preferences for experiences versus cost.

  1. Vietnam:
    Vietnam offers a range of affordable experiences, particularly in cities like Ho Chi Minh City and Hanoi. Budget travelers can enjoy meals for just $1-3 at local markets. Accommodation can also be found cheaply, often around $10-15 per night in hostels or guesthouses. Experiences such as visiting the Cu Chi Tunnels or cruising Ha Long Bay can be done at relatively low entrance fees. According to a 2020 study by the Vietnam National Administration of Tourism, nearly 80% of visitors noted the country’s affordability as a significant attraction.

  2. Thailand:
    Thailand is known for its budget-friendly travel opportunities, especially in cities like Bangkok and Chiang Mai. Street food can be found for as low as $2 per meal. Affordable accommodation options also exist, ranging from hostels to inexpensive hotels at prices around $15-30 per night. While some areas like Phuket can be pricier, rural regions still maintain low costs. Data from the Tourism Authority of Thailand indicates that 60% of international tourists cite affordability as a reason for visiting the country.

  3. Cambodia:
    Cambodia presents affordable travel options with budget accommodation available for $5-10 per night. Meals cost around $1-4 at local eateries. The main tourist attraction, Angkor Wat, has a $37 entrance fee, which many travelers consider worth it given the site’s historical significance. A 2021 report by the United Nations World Tourism Organization highlighted that Cambodia remains one of the most visited yet affordable countries in Southeast Asia.

  4. Indonesia:
    Indonesia, particularly Bali and Yogyakarta, offers affordable experiences for visitors. Meals at warungs (local eateries) can be enjoyed for $2-5. Affordable guesthouses are available for $10-20 per night. While some attractions can have higher entrance fees, the overall cost of traveling in Indonesia remains low compared to Western standards. According to research conducted by the World Bank in 2021, about 65% of tourists highlighted Indonesia’s affordability as a critical factor in their travel decisions.

What Eastern European Destinations Are Budget-Friendly for Young Travelers?

Budget-friendly destinations in Eastern Europe for young travelers include several vibrant cities and regions that offer affordable experiences. Key destinations are:

  1. Kraków, Poland
  2. Budapest, Hungary
  3. Sofia, Bulgaria
  4. Prague, Czech Republic
  5. Belgrade, Serbia
  6. Tbilisi, Georgia

These destinations cater to various preferences and travel styles. Some travelers may prioritize cultural experiences and historic sites, while others may focus on nightlife and food scenes. Personal tastes play a significant role in choosing a destination, which could lead to differing opinions on what constitutes the best budget-friendly location.

Exploring the options further, the following sections will delve into each destination, highlighting their attributes and appeal for young travelers.

  1. Kraków, Poland: Kraków stands out as an affordable destination due to its rich history and culture. Visitors can explore UNESCO World Heritage sites like the Wawel Castle and the historic Old Town, which are both free to enter. According to a 2022 report by Numbeo, the cost of living in Kraków is significantly lower than in Western European cities, making it a favored spot among budget travelers. Local restaurants offer traditional Polish dishes at reasonable prices, with meals costing around $5-10.

  2. Budapest, Hungary: Budapest is renowned for its stunning architecture and thermal baths. The city offers many budget-friendly accommodations and countless free walking tours. The purchase of a Budapest Card can provide discounts on public transport and attractions. As per a 2021 survey by Hostelworld, Budapest is frequently rated as one of the top destinations for young backpackers due to its lively nightlife and affordability, with a pint of beer costing as little as $2.

  3. Sofia, Bulgaria: Sofia offers a unique blend of history and modernity. Young travelers can visit landmarks like the Alexander Nevsky Cathedral and Vitosha Boulevard without spending much. According to a 2021 study by Eurostat, Bulgaria generally offers lower prices for food and services compared to other EU nations. Additionally, public transport is inexpensive, allowing for easy exploration of the city for under $1 per ride.

  4. Prague, Czech Republic: Prague is famous for its picturesque views and historic architecture. While it can be more touristy, travelers can still enjoy the city on a budget by visiting free attractions such as the Charles Bridge and Prague Castle grounds. A 2020 report from Travel + Leisure highlighted that street food, available for approximately $4, provides a quick and affordable way to experience local cuisine.

  5. Belgrade, Serbia: Belgrade offers an energetic atmosphere with a thriving nightlife. The city features numerous bars and clubs with very affordable entry fees. A 2022 article by Lonely Planet noted that dining and entertainment costs are considerably lower than in much of Europe, with an average meal costing around $7. Belgrade’s Kalemegdan Fortress presents visitors with a beautiful view of the confluence of the River Sava and Danube without any admission charge.

  6. Tbilisi, Georgia: Tbilisi is emerging as a popular destination known for its unique architecture and warm hospitality. The capital city provides numerous free activities, including walking tours through the Old Town and visits to the historic sulfur baths. According to a 2022 report from Expatistan, the cost of living in Tbilisi is quite low, which makes it an appealing option for young travelers looking for a budget-friendly experience while enjoying Georgia’s renowned cuisine.

Overall, these six destinations present a mix of culture, adventure, and affordability, making them excellent choices for young travelers seeking budget-friendly options in Eastern Europe.

Which Latin American Countries Stand Out for Their Low Travel Costs?

Several Latin American countries are recognized for their low travel costs, including Colombia, Nicaragua, and Peru.

  1. Colombia
  2. Nicaragua
  3. Peru
  4. Bolivia
  5. Ecuador

These countries generally offer cheap accommodation, affordable food, and inexpensive transportation. However, travelers should consider that prices can vary significantly within regions.

In exploring these options, it is essential to understand each country’s unique advantages in travel affordability.

  1. Colombia:
    Colombia stands out for its diverse landscapes and rich culture, while also offering budget-friendly travel options. Accommodations range from hostels to affordable hotels, with prices starting as low as $10 per night. Street food such as arepas costs around $2, and public transport is efficient and cheap. A report from the Colombian Ministry of Trade in 2022 noted that Cartagena, Medellín, and Bogotá remain popular for cost-effective travel experiences. Additionally, the recent rise in tourism has led to greater competition, helping to keep prices low.

  2. Nicaragua:
    Nicaragua is known for its stunning lakes and volcanoes, alongside its affordability for travelers. Accommodation costs start at approximately $8 per night in budget lodgings. Local meals can be enjoyed for about $3. Nicaragua’s low-cost public transport, such as chicken buses, further contributes to its appeal. According to the Nicaraguan Ministry of Tourism in 2021, it remains one of the cheapest travel destinations in Central America while offering unique cultural experiences in cities like Granada and León.

  3. Peru:
    Peru is famous for Machu Picchu and its rich history, but it also offers low travel expenses. Travelers can find dorm-style hostels for around $10 per night, while traditional meals like ceviche set you back about $5. Buses are an economical way to travel between cities, with services connecting Lima to Cusco at reasonable rates. The Peruvian government reported a rise in budget travel due to increased awareness of its attractions, making it a popular choice for budget-conscious travelers.

  4. Bolivia:
    Bolivia features breathtaking landscapes and adventurous activities, all at very low costs. Accommodation in hostels can be found for as little as $6 per night, with meals available for $2 to $4. The cost of exploring iconic sites like the Salar de Uyuni is also budget-friendly, with tours catered to various prices. Social factors, such as the cost of living, contribute to the overall affordability of travel in Bolivia, making it a favorite for backpackers.

  5. Ecuador:
    Ecuador offers a combination of beautiful scenery and affordable options. Travelers can find hostels for around $8 per night, while a meal at a local market may cost just $3. Public transportation systems are reliable and inexpensive. The diversity of attractions, from the Amazon rainforest to the Galápagos Islands, provides value for money. Several travel blogs, including Lonely Planet, indicate that Ecuador’s promotion of tourism has led to a broader variety of affordable experiences.

By examining these countries, travelers can identify budget-friendly options that align with their interests and preferences.

How Can Young Adventurers Make the Most of Budget Travel?

Young adventurers can make the most of budget travel by planning ahead, choosing affordable destinations, using cost-effective transportation, staying in budget accommodations, and seeking free or low-cost activities.

Planning ahead allows adventurers to secure the best deals. By booking flights and accommodations early, travelers can find discounts. A study by the Global Business Travel Association (2020) shows that booking in advance can save up to 30% on travel costs compared to last-minute bookings.

Choosing affordable destinations can greatly reduce expenses. Countries in Southeast Asia, like Thailand and Vietnam, offer low-cost accommodations and food. The World Bank (2021) reported that travel costs in these regions can be 50% lower than in Europe or North America.

Using cost-effective transportation helps manage budgets. Public transport, such as buses or trains, is often cheaper than taxis or rental cars. A report from the International Transport Forum (2019) highlights that using public transport can save travelers as much as 60% on transportation costs.

Staying in budget accommodations, such as hostels or guesthouses, provides significant savings. These options often cost 70% less than hotels in tourist areas. Priceline’s 2022 travel insights noted that young travelers favor these alternatives for social experiences and lower prices.

Seeking free or low-cost activities enriches the travel experience without overspending. Many cities offer free walking tours, museums with free admission days, or parks for outdoor activities. Research from Travel Association (2023) indicates that engaging in local activities can increase overall satisfaction without affecting travel budgets.

By applying these strategies, young adventurers can maximize their travel experience while maintaining a budget.

What Are Practical Tips for Saving on Accommodations During Travel?

To save on accommodations during travel, consider various strategies and tips.

  1. Use price comparison websites.
  2. Book in advance.
  3. Travel during the off-peak season.
  4. Consider alternative lodging options (e.g., hostels, short-term rentals).
  5. Join loyalty programs and use travel rewards.
  6. Negotiate rates directly with hotels.
  7. Look for package deals that include accommodations.
  8. Stay outside tourist areas for lower rates.
  9. Utilize last-minute booking apps.
  10. Connect with locals for insider tips on budget stays.

These strategies provide diverse approaches for travelers to manage accommodation costs.

  1. Use price comparison websites: Using price comparison websites allows you to view multiple accommodation options in one place. Websites like Booking.com or Kayak help you compare prices across platforms. According to a 2023 study from Statista, 60% of travelers use these websites to find the best deals.

  2. Book in advance: Booking in advance generally secures better rates. Many hotels offer discounts for early reservations. A report from Expedia noted that travelers who book three months in advance can save up to 20% on lodging.

  3. Travel during the off-peak season: Traveling during the off-peak season often results in lower accommodation prices. Hotels reduce their rates to attract guests when demand is low. For instance, traveling to Europe in late fall can lead to savings of up to 50%.

  4. Consider alternative lodging options: Considering alternative lodging options like hostels or short-term rentals can significantly reduce costs. A study by Airbnb indicated that users can save on average 30% compared to hotels in similar locations.

  5. Join loyalty programs and use travel rewards: Joining loyalty programs allows travelers to accumulate points for free nights or discounts. For example, a 2022 survey by J.D. Power found that 45% of participants save money through such programs.

  6. Negotiate rates directly with hotels: Directly negotiating rates with hotels can yield discounts. Often, hotels prefer reducing prices rather than incurring fees from third-party sites.

  7. Look for package deals that include accommodations: Package deals that combine flights and accommodations often provide significant savings. According to Travel Weekly, bundled services can reduce costs by as much as 30%.

  8. Stay outside tourist areas for lower rates: Staying outside tourist areas typically offers cheaper accommodations. A study by the Travel Industry Association found that local neighborhoods can cost 25% less than prime tourist locations.

  9. Utilize last-minute booking apps: Last-minute booking apps like HotelTonight provide discounted rates for hotels that have unsold rooms. Users can find last-minute deals of up to 60% off, according to a 2023 review from Travel + Leisure.

  10. Connect with locals for insider tips on budget stays: Connecting with locals often leads to discovering hidden budget-friendly stays. Many locals share recommendations through forums like Facebook groups or Reddit. Engaging with locals can guide travelers to places that may not be widely advertised.

Which Budget-Friendly Activities Should Travelers Consider in Cheap Destinations?

Travelers can consider various budget-friendly activities in affordable destinations to enhance their experiences without overspending.

  1. Enjoy local markets.
  2. Explore free historical sites.
  3. Participate in community festivals.
  4. Engage in outdoor activities.
  5. Visit museums on free-entry days.
  6. Hike in national parks.
  7. Take advantage of public transportation.
  8. Taste street food.
  9. Attend free workshops or classes.
  10. Join volunteer programs.

These activities provide a mix of cultural engagement, outdoor exploration, and local interaction, making for an enriching travel experience.

  1. Enjoy Local Markets:
    Enjoying local markets offers travelers a chance to experience culture and flavors unique to their destination. Markets are often hubs for local commerce, showcasing fresh produce, handmade crafts, and traditional foods. This activity allows travelers to interact directly with locals, which can enhance their understanding of the culture. According to a study by the International Journal of Tourism Research, shopping at local markets can be more satisfying than conventional retail shopping because of the personal interactions experienced.

  2. Explore Free Historical Sites:
    Exploring free historical sites gives travelers insight into a destination’s history and heritage without incurring expenses. Many cities worldwide offer access to landmarks and historical buildings at no cost. For example, the city of Athens, Greece, has numerous free archaeological sites. The National Geographic reports that visiting historical areas allows travelers to appreciate their artistic and architectural significance while learning about local traditions.

  3. Participate in Community Festivals:
    Participating in community festivals allows travelers to engage with the local population and experience regional customs firsthand. These festivals often feature music, dance, food, and art unique to that area. According to the American Journal of Cultural Sociology, these interactions enrich the travel experience and promote cultural understanding. For example, the Holi Festival in India is noted for its vibrant celebration of colors and social harmony.

  4. Engage in Outdoor Activities:
    Engaging in outdoor activities promotes physical health and offers memorable experiences in nature. Activities like hiking, biking, or swimming can be found at minimal or no cost in many destinations. A 2017 study published in the Journal of Outdoor Recreation and Tourism found that outdoor activities significantly enhance a traveler’s sense of well-being and connection to nature.

  5. Visit Museums on Free-Entry Days:
    Visiting museums on free-entry days allows travelers to enjoy valuable cultural experiences without spending money. Many museums have designated days or times when entry is free, making art and history accessible to all. According to the American Alliance of Museums, such initiatives increase public engagement and broaden demographic reach.

  6. Hike in National Parks:
    Hiking in national parks provides an opportunity to appreciate stunning landscapes while enjoying physical activity. Many national parks charge minimal entrance fees, and numerous trails are open to the public at no cost. The National Park Service offers over 400 sites, with many promoting the natural beauty and importance of conservation. Research by the American Hiking Society reveals that hiking greatly benefits mental health and boosts physical fitness.

  7. Take Advantage of Public Transportation:
    Taking advantage of public transportation is a cost-effective way to navigate new destinations. Instead of relying on taxis or rental cars, travelers can use trains, buses, or trams, which are often more affordable and can provide a more authentic experience. According to the Transportation Research Board, public transport can significantly cut travel costs while offering insights into local life.

  8. Taste Street Food:
    Tasting street food is an inexpensive way to experience local cuisine. Food stalls often offer authentic dishes at lower prices than restaurants. A study published in the Culinary Science and Technology Journal notes that street food plays a significant role in local culture and economy, allowing travelers to sample diverse culinary delights.

  9. Attend Free Workshops or Classes:
    Attending free workshops or classes offers educational experiences that enhance understanding of local culture or skills. Community centers, libraries, and galleries often host events that welcome travelers. The Community Development Journal indicates that learning opportunities contribute to more meaningful travel experiences and greater personal satisfaction.

  10. Join Volunteer Programs:
    Joining volunteer programs allows travelers to give back to the community, making their travel experience more rewarding. Organizations often welcome help in various capacities, from environmental conservation to community development projects. According to the Journal of Travel Research, volunteering abroad can facilitate deeper connections with locals and a greater appreciation for cultural diversity.

Why Is It Important to Understand Local Costs When Traveling Cheaply?

Understanding local costs is crucial when traveling cheaply because it allows travelers to budget effectively, avoid unexpected expenses, and maximize their experiences. By being aware of local prices for food, transportation, and attractions, travelers can stretch their budgets further.

According to the World Tourism Organization (UNWTO), understanding local costs helps tourists make informed decisions that enhance their travel experience while ensuring financial sustainability. Knowledge of local pricing enables better planning and choosing options that align with personal budgets.

Several underlying reasons make understanding local costs essential for budget travel. First, local economies can vary significantly. What may seem cheap in one country could be expensive in another. Second, prices can fluctuate based on regions within a country. This fluctuation depends on factors such as demand, tourism levels, and seasonal changes. Lastly, knowledge of local costs helps travelers navigate cultural differences and identify the best value for their money.

Local costs involve various economic principles such as purchasing power parity and market pricing. Purchasing power parity is the idea that exchange rates should adjust so that identical goods cost the same in different countries. For instance, a meal that costs $10 in the United States might cost less or more in another country depending on local wages and living standards.

Effective budgeting while traveling involves several mechanisms. Travelers should research typical expenses in their destination before arrival. This includes food, accommodation, local transport, and activities. They can also use budgeting apps to track spending in real time. Understanding these costs allows travelers to allocate their resources wisely.

Specific actions that contribute to effective travel budgeting include comparing prices of accommodations on different platforms and checking local restaurant menus online. For example, a traveler planning a trip to Southeast Asia may find that street food is significantly cheaper than dining in tourist restaurants. By opting for street food, they can enjoy authentic local cuisine while saving money, allowing for more spending on experiences and activities.

How Does Currency Exchange Affect Your Travel Budget?

Currency exchange significantly affects your travel budget. Exchange rates determine how much local currency you can acquire for your home currency. A favorable exchange rate allows you to get more local currency, stretching your budget further. Conversely, a poor exchange rate means you will receive less local currency, which can lead to overspending.

Next, consider transaction fees. Banks and currency exchange services often charge fees for converting money. High fees can eat into your budget. Always compare exchange options to find the best rate and lowest fees.

Additionally, local prices play a crucial role. The cost of goods and services varies by country. Even with a good exchange rate, if local prices are high, your budget may still suffer.

Next, plan how much cash you need. Some destinations prefer cash payments, while others accept credit or debit cards. Using a card can help you avoid carrying large amounts of cash. However, check for foreign transaction fees associated with your card.

Lastly, monitor exchange rate fluctuations. Rates can change daily. Knowing when to exchange can impact your overall budget.

In summary, currency exchange impacts your travel budget through exchange rates, transaction fees, local prices, payment methods, and rate fluctuations. Being informed and strategic about these factors can help you manage your travel expenses effectively.

What Local Expenses Should Young Travelers Anticipate in Budget Destinations?

Young travelers budget destinations should anticipate several local expenses. These expenses can vary based on the location, but some common categories include food, transportation, accommodation, and activities.

  1. Food and Dining
  2. Transportation
  3. Accommodation
  4. Activities and Excursions
  5. Local Attractions
  6. Tips and Gratuities

These local expenses may encompass a wide range of considerations that can impact a traveler’s budget.

  1. Food and Dining:
    Food and dining refer to the costs associated with meals and snacks during travel. Young travelers can expect to spend between $5 to $15 per meal in budget destinations, depending on local pricing and dining preferences. Dining options can include street food, local markets, and inexpensive restaurants. Research by Numbeo in 2023 shows that in Southeast Asia, meals can cost as little as $2 in local eateries.

  2. Transportation:
    Transportation encompasses all costs related to getting around the destination. This includes public transport fares, taxi rides, or rental fees. For example, buses or trains may offer affordable rates, ranging from $1 to $5 for short distances. A study by the International Transport Forum (2022) indicates that public transportation is the most cost-effective way to navigate densely populated cities.

  3. Accommodation:
    Accommodation costs refer to the prices associated with staying overnight in lodging facilities. Options such as hostels, guesthouses, or budget hotels typically range from $10 to $40 per night. According to Hostelworld’s 2023 data, hostel prices can average around $20 in popular budget cities. Young travelers can find deals on booking websites or consider alternatives like couch surfing or exchange programs.

  4. Activities and Excursions:
    Activities and excursions are expenses incurred for entertainment and exploration. This can include entrance fees for parks, museums, or guided tours. Prices vary widely, with some activities costing as little as $5 and others upwards of $50. A survey by the Adventure Travel Trade Association (2021) found that young adventurers often prioritize free activities, such as hiking and exploring local cultures.

  5. Local Attractions:
    Local attractions refer to the costs associated with experiences unique to the destination. These may include cultural performances, festivals, or historical sites. Admission fees can range significantly. For instance, some museums may charge $10, while festivals may be free to attend. Research shows that visitors often seek out city passes that bundle multiple attractions for savings.

  6. Tips and Gratuities:
    Tips and gratuities are small amounts given for service. In many cultures, it is customary to tip between 10% to 15% of the bill at restaurants or for service staff. Young travelers may choose to set aside a portion of their budget for tips, ensuring they acknowledge good service while managing overall expenses.

Overall, young travelers should carefully plan for these local expenses to ensure an enjoyable budget travel experience.

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