Practical Guide to Save Money When Planning Your Vacation
Planning a vacation can be an exciting time, but it can also be stressful if mismanaged. The primary pain and stress comes from financial situations. A lack of planning and financial knowledge can lead to chaos and cancelled plans or a family not fully enjoying their vacation as much as they possibly could. Read this guide to learn how you can save money whilst planning your vacation.
Look Into Budget Hotels And Hostels
The first things you should consider when it comes to planning your vacation is where actually you with to go and what your general budget is. Once you have a destination in mind, then you will be able to have more fun with it, finding places in particular to stay. Whilst you would want to stay in the nicest place possible, it may benefit you to find budget options for your stay. Look for budget hotels in good areas or even hostels that offer private rooms. Often the tourism board will have a list of budget properties with good reputations.
If you plan to spend most of your time out and about during your vacation, then you should look to save money with where you are staying. After all, you will mainly be using your accommodation as a place to rest your head. Just be sure to find a good location near public transportation or near the sites you hope to visit.
Purchase Plane Tickets In Advance
The closer a flight gets to taking off, the more expensive the flight could be. The only exception is if the flight has cancellations or is empty at general. At that point, airlines will be desperate to sell tickets to potential passengers to avoid making a loss on the flight. A danger though is that if a flight is very lightly booked, it could be canceled and combined with another flight.
Your main goal should be to look way in advance, when the flights are first released, as the more popular they get, the higher the price will rise. Saving money on the flights will be a perfect way you can save during the planning stage of the vacation. As you can imagine, this will also save you money that can then be spent on your vacation.
Look Into Saving Money At The Airport
If you’ve travelled before, you will be aware of how expensive it can be to be at an airport, from buying food and drinks to parking your vehicle in the short-term or long-term airport lots. Many airports can charge more extortionate rates due to the higher costs of operating and knowing that their customers may not have much choice.
For this reason, you should try to bring your own snack food to the airport. This will help you save paying for food and snacks whilst waiting at the airport. Remember that you will not be able to bring your own drinks past security, so that thermos of coffee will have to be finished before you proceed to your gate.
It is worth contacting your airport to find out what your options are and what you will be able to bring yourself. Certain airports may allow you to save money when it comes to parking too. You can contact parking specialists such as Parkway Parking, who could offer you airport parking coupons, helping you save money via a reservation. Small savings such as this will add up, leading you to save more money that could go towards your vacation funds.
Travel During The Off-Season
If you travel during peak times, you may be paying much more than at slower times. Many vacation destinations, resorts and airlines may hike up the prices as they know they will be in high demand. If you instead look to go on vacation during non-peak times, also known as the off-season, prices will in most cases be lower.
Not only will this be a cheaper time to travel, you will find that it will be less busy and crowded when you get there. This gives you more time to relax and enjoy activities without disruption or the need to wait. Certain travel destinations within the states and the rest of the world will be better to travel to during the off-season, so it’s worth choosing your dates with that in mind. This will apply to city breaks, family resorts and honeymoon types of vacations too.
Utilize Public Transportation
When it comes to getting to your vacation, and travelling around when you arrive at your destination, you should look into making use of public transportation. If possible, you should try to search for seasonal tickets that aim to save you money when you’re out and about.
Rather than purchasing constant one-off tickets, you should look to purchase day tickets, week tickets and monthly use tickets, depending on how long you plan to stay on vacation. Public transportation can get you around to places you would want to see whilst on vacation, without the need to hire out a car or pay extortionate rates. If you do not feel comfortable riding the metro systems, give the busses or ride share services a try.
Check Exchange Rates
If you are looking to go abroad, then you will need to try and acquire some foreign money to spend whilst there. With some modern innovation, you may be able to use your debit card to spend whilst on vacation, but you should be wary of potential exchange rate fees being applied to your account that you may not have any control over. This is why you work out your budget beforehand, and exchange your money at the right time.
The exchange rate is constantly shifting, meaning you need to wait for the optimal time to change your money. If you choose this time poorly, you could end up losing lots of your money for no good reason. Analyze the market to find the current trends that can alter the rates, and contact exchange rate providers too, as they may all offer different amounts.
Save Money As Early As Possible
Of course, all of that is well and good, but you will still need to try and have money to begin all of this with. This means you should try to save money at all times to afford the vacation you want. When you’ve decided where you want to go, that should be the moment you start planning to save.
Speaking of early, what task do most citizens do at the start of the year—file taxes! If you’re lucky enough to receive a refund when you send in your free tax return, then that could be a significant chunk of money to boost your vacation savings fund.
Think of it as a goal to head towards, allowing you to put money away as an incentive. If you do not have a goal, you may find it more difficult to save. Start this as early as possible in order to reap all the rewards possible and have the best vacation you can have.