Secret Tips to Get More Out of Your Vacation Fund
Vacations are our dreamy getaways from the hustle and bustle of the city. We all want to go away once in a while but we don’t always have the budget for it. While traveling is almost always synonymous to spending, there are a ton of things you can do to cut the cost and make room for splurging on the important things. The key to having enough when you go abroad is knowing when to make an investment and when to scrimp. When you find the balance between the two, you would be amazed at where your budget will get you! Here are a few tips to get the best bang for your buck!
The Off Season
Most people like to travel during breaks or holidays because this is really the only time they can afford off work and school. Because the majority get their free time during the summer or on the holidays, tourist spots increase their prices to maximize their revenues. If you choose to use your vacation days on an off-peak season date, however, you can expect to get better prices. After the high-tourism phase, hotel accommodation and plane ticket prices are sure to drop so you should grab that opportunity and maximize your credit as well.
Travel packages are popular because booking them is so easy. Accommodations and airlines are already handpicked for you and sometimes even your entire itinerary is already planned out and taken care of. However, because this is the convenient way to travel, this is also the more expensive option. When you do your own planning – choosing your own hotel, finding your own airline, and making your own sightseeing plans – you’re not just saving money but are also tailoring your experience to your own preferences. Do your own research and make your own bookings. Your credit card will surely thank you.
Going over the carry-on limit will surely hurt your wallet. We all know that the existing prices airline companies offer are sky-high, so if you can bring along lightweight clothes or pack in smaller containers, you would be doing yourself a favor to a great degree. Avoiding the baggage fee will give you huge savings and will save you the time it takes to get them back, too. Rather than splurge on the airport, why don’t you spend your money on a food trip or an exciting adventure instead?
If you love traveling, getting a rewards credit card might be a wise thing to do. The kinds of cards that are made specifically for traveling will give you plenty of opportunities to grab discounts and earn points that you can use for perks and freebies. When you use the card when you shop, you are already earning passively for your travel fund at the same time. The points you accumulate add up and eventually, you’ll end up with a huge deal. On top of that, registering to cash back websites will also help you earn benefits every time you buy something.
We all want the best but it isn’t a secret that the best is almost always the most expensive option. If you want to save, settling for second-best isn’t a bad idea. Some form of sacrifice is really needed if you don’t want to overdo the splurge. Travel time, inland transportation and lodging may be some of the things you can be flexible on. You can save so much from just choosing a night-time instead of a day-time flight; or from booking an AirBnB instead of a hotel. Commuting instead of paying for gas in a rented car is also a good way to save your money. They may be a little more inconvenient but they will help a great deal.