Travel for long for less money

I say this to everyone who asks about budgets. Travel is as cheap as you're willing to make it. But yeah, SEA, or South/Central America would be your best bet.

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Speaking as a certified hobo, in my view travel is inherently free. Hitchhiking and wild camping are possible in every country. Paying for hostels and public transport is a choice.
Another good option is to go to a country where gas is cheap, rent a car, and live out of the vehicle for a few weeks.

SEA is generally cheap, but like you say, on the tourist route you'll have a hard time spending less than $40/day. Renting a motorbike will save you a lot on transport, and give you the freedom to be creative with your itinerary.
Africa is generally very expensive, unless you're really dedicated to hitchhiking and good at haggling. Morocco is an exception; you can live comfortably there for $20-$30/day.

Throw a tent on the back of your bike and you could spend 2 years travelling with £10000

Think of the Balkans if you want some cheap options.

>>1287074
Also this. Not sure if you can rent a car for a good price though.

>>1287744
Car rentals are surprisingly cheap in most countries, and think of the money it saves you on hotels.
I don't recommend trying to sleep inside the car, but it takes all the stress out of camping in a tent, since you can keep all your gear in the car.

cambodia