Ways to Save on Your Vacay
If you’re dreaming of a luxury getaway, but your budget didn’t get the memo, we can help. Here are 10 ways to save on the vacation of your dreams that doesn’t break the budget.
1. Set a realistic budget and stick to it
Before your trip, outline all potential expenses, including travel, lodging, food, activities, and souvenirs. Then, set a realistic budget for each spending category. Having a clear budget will help you manage your spending and ensure you don't return home with unexpected debt.
2. Choose budget-friendly destinations
Vacation hotspots tend to be overpriced, but with some flexibility, you can find the perfect destination without draining your wallet. For example, you can choose to visit a quaint cultural city instead of the typical beach resorts. Spend some time researching prices to find a perfect destination that delivers all you want in a vacation while still being affordable.
3. Book early and be flexible
Securing your travel and accommodations well in advance and being flexible with your travel dates can net you better deals. Airlines and hotels often offer lower rates for early bookings, and mid-week flights are typically cheaper than weekend ones. If you’re up for it, red-eye flights can also be more affordable.
4. Travel in a group
Traveling with friends or family so you can split costs on accommodations, transportation, and meals can save you boatloads of money and up the fun factor on your vacation at the same time.
5. Consider alternative accommodations
Instead of traditional hotels, explore options like hostels, vacation rentals, or staying with friends or family. Platforms like Airbnb offer a range of affordable lodging choices that can accommodate various group sizes and preferences. Be sure to research your chosen rental carefully to avoid getting scammed.
6. Look for discounts
Many travel companies, attractions, and restaurants offer special discounts for students, veterans, first responders, seniors, etc. Always carry your ID and ask about available discounts. Discount-finding websites and travel blogs can be enormously helpful in uncovering discounted rates.
7. Plan and budget for meals
Food expenses can quickly add up during a trip. The best way to avoid blowing your entire vacation budget on food is to plan ahead. First, if your vacation spot has cooking facilities, prepare some basic meals on your own. You can also look for local eateries, food trucks, or markets where you can enjoy authentic cuisine at lower prices. Finally, set a daily food budget for meals each day to help prevent overspending.
8. Pack smart to avoid extra fees
Getting hit with an unexpected checked baggage fee is not the best way to kick off your vacation. Packing lightly and using only a carry-on can help you avoid these fees. Similarly, be sure to pack all the stuff you’ll need so you don’t end up having to purchase overpriced essentials at your destination.
9. Explore free or low-cost activities
Research free attractions or events at your destination. Many cities offer complimentary tours, museum days, or public festivals. Nature trails, public beaches, and local markets can provide entertainment without a hefty price tag.
10. Monitor travel deals and use rewards
Sign up for newsletters from airlines and travel deal websites to stay informed about promotions. Using credit card rewards or frequent flyer miles can also help bring down travel costs.
Use these tips to save on the vacation of a lifetime!