More Bang For Your Buck – Stretch Your Vacation Dollars What if you could stretch your $5,000 budget into a $10,000 vacation? Imagine how much more you could do and enjoy: a nicer hotel, better food, or maybe you would change your plans all together. It can be done. With some research and planning, taking a nicer vacation than you think you can afford is well within your reach. Try these ideas to turn your vacation funds into more fun: 1. Airline Tickets. You can save a lot of money on airline tickets if you're flexible with your travel dates. A day or two earlier or later can make a huge difference in the cost. Tuesdays – Thursdays are usually the cheapest days to travel by air.
2. Hotels. If you're going to a popular destination, you're likely to find hotels that offer coupons or even free tickets to popular attractions.
3. Consider a cruise. Cruises offer spectacular food and a lot of entertainment for a relatively small amount of money. There’s always the option to sign up for off-ship excursions, which aren't free, but usually aren't too expensive either.
4. Go in the off-season. Most travel locations have a peak and off-season. This is usually dependent on weather and when travelers are most available to travel there. By going in the off-season, there is much less demand and prices will be lower. This is true for air-travel, car rental, lodging, and most entertainment.
5. Group travel. Traveling with a group can really cut down on expenses. Larger groups can get better rates on everything, from transportation to lodging, food, and entertainment.
6. Condos. Renting a condo for a week can be much less expensive than staying in a hotel. You'll also have the benefit of kitchen facilities. Condos can be very cost effective if you're traveling with several people. A basic hotel room fills up quickly if you have several people.
7. Pack carry-on luggage only. With nearly every airline charging for bags now, if you can limit yourself to carry on items, it's an easy way to save a lot of money. 8. All-inclusive. All-inclusive resorts can be a great way to cut your expenses. As long as you stay at the location, all your food and entertainment are already paid for.
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Financially MindfulIncreasing Financial Awareness and Building Financial Stability Archives
December 2021
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