Maximize your Vacation Fund with these Summer Travel Saving Tips
July 16, 2024
Dream summer vacations often come with extra expenses, making it essential to save or plan a budget ahead of time. Ideally, setting aside a dedicated vacation fund is the best approach, but many of us only start thinking about financing a vacation a few weeks before departure. Consider cutting back on luxuries in the months or weeks leading up to your trip and saving that extra cash. Once you've saved enough, create a realistic budget to enjoy your getaway without overspending.
To help you make the most of your vacation budget, here are a few summer travel savings tips to consider.
Timing is everything when planning a vacation, especially when purchasing airline tickets. Experts say the sweet spot for booking flights is 45-60 days before your travel date, as prices tend to fluctuate until departure.1 While searching for deals, remember to clear your cache frequently because hotel and airline websites use cookies to track search history and may raise prices accordingly. Clearing your cache ensures you get the best rates available. If staying at a hotel, guests who politely ask for an upgrade during low-traffic dates are more inclined to receive one.2 Checking in later or requesting upgrades during slow lobby times, can increase your chances of upgrading at no extra cost.2
For additional vacation savings, utilize websites like groupon.com for discounts on local eateries and entertainment, and cheaper amusement park tickets. Challenge yourself to enjoy a day without spending any money by exploring free activities listed on local sites and blogs, such as a charming farm, a splash pad for the kids, or a scenic hiking trail. Maximize your budget by taking advantage of your hotel's continental breakfast, packing a picnic lunch, and preparing a simple dinner from home. Finally, save the most exciting event for the last day of your vacation, ensuring you end your trip on a high note with lasting memories.
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