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Kangaroos in Australia, nature in New Zealand, busy streets of Hong Kong and the cultures of Japan are just to name a few reasons to do a far & away holiday. But these are all costly holidays given the distance involved.
Some alternative far & away holiday destinations which can save you lots of money due to cheaper food, activities and exchange rates are:

Brazil - South Americas pride and joy. Amazing scenery and culture make this an memorable holiday place. Costs are very cheap and you can afford to have more fun.

India -  one of the most exotic destinations in Asia. It has one of the wonders of the world which we all want to see, the Taj Mahal and that is just one of the thousands of tourist attractions. Prices are very cheap and you can afford luxury easily.

Tip: Generally it is better to have a two week holiday in far & away destinations as the trip is costly and there is normally lots to see and do. Travel to far and away destinations requires careful review of your itinerary to make the most of it. Be sure to check visa requirements before you travel and make sure you have checked local customs and culture details on a guide book. It is best to carry some notes and coins with you before you travel.
The main areas where you can save money  on a far & away holidays is the hotel and flight. So lets take this turns:

Flights - long haul airlines usually have special offers during off season but you can also save money on normal rates by booking well in advance. Look at different airlines and always look at their web site for fares after looking at price comparison sites and travel agents - you may be surprised!

Hotels - Any given city would have lots of hotels to choose from. Hotel booking sites can give you rates and reviews but don’t rely on just one web site as the same room may be cheaper elsewhere (commissions!). You can book hotels at any time but a last minute hotel booking may have some great special rates to save you money.
Far & away