Hostels are a great way to save money while traveling. They can be a fraction of the price of hotels and are a great way to meet people along the way. Hostels are easy to find online with websites like hostelbookers.com, hostelworld.com, or booking.com. These websites share the specifics of the hostels so you know what you are getting into before leaving.
Important things to look for when picking hostels are location, cleanliness, and safety. Those websites have user reviews that give percentages to those three items as well as other important factors. These websites also list facilities that are more specific than most hotels. They list "locker storage, washing machines, safety deposit, self catering facilities, air conditioning."
Something else to look for is whether towels and linens are included. Some hostels include them for free while others want you to bring your own or rent them for a fee. This information is all on the websites.
Even if you think hosteling isn't for you it's always a good thing to try. Once getting over the initial fear of sharing a room with strangers it can be a really rewarding experience with saving money and meeting new people.