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Educational Consumer Tips

Vacation Tips

Author: Rachel Gelb
Category: Finance

Whether you are vacationing overseas or nearby your town, it is important to carefully plan your vacation to save money. Properly budgeting for your vacation will allow you to have a relaxing time without worrying about debt you may owe. Use these tips as a guide when looking to save money on your next vacation.

How to Save on Your Vacation:

Set a Budget.  Set a reasonable budget before planning your trip and be sure to stick to it. Be sure to account for unexpected emergencies that require extra spending so you will not owe money if there is a surprise along the way. Try to use cash whenever possible. This will allow you to see when you are running out of cash so you won’t overspend by charging everything to a credit card without realizing how much you are spending. You may also want to consider a staycation to visit local attractions but save money on a hotel by staying at your own house.

Do Your Research.  Look up activities, attractions, restaurants, and shops in the area where you are vacationing so you can check out the businesses through ahead of time to read reviews or complaints from consumers.

Consider Timing.  If you are looking to save money, it best to visit locations during their off-season. For example, prices will be much lower at a ski resort during the summer months, but there are still plenty of activities to do such as hiking or biking. Your vacation may not need to be two weeks; a long weekend can still be a refreshing break. Researching and planning ahead will allow you to make an itinerary that will maximize your vacation time.

Plan For Transportation.  When you are traveling, look for a place that has a lot of attractions to see and do that are in proximity. Find places you will be able to walk to and from or get to by public transportation. Public transportation will save you money on gas and parking.

Be Careful of Unnecessary Costs.  Do not be trapped into paying additional costs of hotel phones or eating out of the mini-fridge in the room. Pack snacks and a lunch if you are on the road during the day because convenience stores along the road usually charge higher prices for food.

About the Author: Rachel Gelb is Communications and Marketing Manager for BBB serving Eastern Massachusetts, Maine, Rhode Island and Vermont. Find Rachel on Google +.

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