Budget holidays can be grate for a number of reasons. If nothing else, you will not be worrying about your budget and the money you are spending, whilst you are supposed to be away on holiday relaxing. If you are going to book a holiday in the near future, consider doing it on a budget.
In many parts of the world, you can get very good accommodation for a very reasonable price. This makes it completely unnecessary for you to have to spend more on your hotels or apartments. Look for accommodation online and filter the options by budget. This allows you to view the options that are relevant and affordable for you.
If you book cheaper flights and cheaper accommodation, you can justify spending some more on activities whilst on holiday. This gives you some freedom to see lots of the sights and maybe rent a car so you can travel easily around your destination.