Saving Money on Vacations (2024)

Article: Save Money on Your Next Vacation

EllenB
Gold Post Medal for All Time! 858Posts

September 22, 2005

Saving Money on Vacations (2)There are hundreds of ways to cut costs while traveling. Save a dollar here and there and pretty soon you've saved enough for a second vacation! If only you had the time, right? Here some simple (and some secret) ways to save a few bucks on your next vacation.

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Transportation Tips

Traveling by Airplane: If you're planning to travel by air, shop online for seats that have been reserved but not paid for. They're cheaper. Try this right after midnight-the time when airlines usually update their computer databases.

Purchase e-tickets to avoid the extra fee airlines charge for printing and mailing paper tickets.

Traveling by Car: Before you head out on the open road, have you car mechanically inspected and serviced. Car repairs done at home are cheaper than having them done on the road where options are limited.

Auto dealers (and individuals) often need cars delivered from one city to another. In some cases, you only need to have a valid license, insurance and a clean driving record to qualify. For a list of U.S. and overseas agencies arranging car transport, visit www.movecars.com/toc/find/index.htm Count on paying for your own gas.

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Utilize Public & Non-Motorized Transportation: Taking the bus, the subway or the trolley can often be an adventure in and of itself. Still, public transportation is cheap, saves on parking fees at ramps and attractions and lets someone else navigate unfamiliar streets while you sit back and enjoy the ride. Bikes and walking tours are another inexpensive and healthy way to become acquainted with your destination. Some cities even offer tours on Segway scooters.

Lodging Tips

Alternatives to the Mainstream: If you're willing to try some unusual accommodations you can expect to save 20-30% on lodging costs. Check with the visitor's bureau to find local university dorms, hostels or convents. The same is true if you are willing to stay in a hotel 20 or more miles away from your destination.

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Beware of Hotel "Extras": Some hotels charge a fee just to open the guest room's mini bar. If you remove anything you don't use, make sure to replace it before leaving for the day or housekeeping may charge you for the missing items. Some hotels also charge a fee for using the guest phone, even if your call is toll-free. Use prepaid calling cards while traveling and bring your calling card in case of emergencies.

Food Tips

Bring Your Own: The easiest way to save money on food while traveling is to bring your own. If you're driving, pack a cooler and purchase food and liquor along the way. Picnics provide you with time to sit, relax, and enjoy the surroundings and give the kids time to run off extra energy. It's also a great time to clean up and organize the car.

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Eat Lunch for Dinner: You can save a lot for money at restaurants by eating there for lunch. The dinner menu is sometimes more extensive, but often more expensive.

Eat With the Locals: Find out where the local crowd does to eat. The food is likely to be more authentic, less expensive and you'll get a taste of the local flavor.

Ask Ahead for Coupons: Ask the visitor's bureau or chamber of commerce to send you free maps, coupons and a list of special events. If no visitor coupon books are available, ask if area schools are selling coupon books locally and how you can buy one. Even if you have to pay $10-$15 dollars to purchase a local "happenings" book, you'll save big on hotels, restaurants, attractions and local shopping.

Other Ways to Save

Whether an airline ticket or a hotel room, never take the first price your quoted. Always attempt to negotiate for a better price. Ask about any available discounts (senior citizen, auto clubs, late arrival, extended stay, public radio member, etc.)

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Skip the souvenirs and start a postcard or refrigerator magnet collection.

Be a flexible traveler. If you're willing to give up your seats on a flight for someone flying standby, you'll be rewarded with a free ticket. Set aside the dates you want to travel and then watch for last minute deals.

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Tip: Buy Vacation Gifts At Regular Stores

When traveling, on vacation etc, Don't buy from the gift shop. Check out department stores, dollar stores, Walgreens etc. One can find a large variety of small gift items with the name of the location at very good prices.

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Just takes a little looking.

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Tip: Think Ahead and Save Money on Vacation

Cyinda
Bronze Post Medal for All Time! 213Posts

July 21, 2008

Before you go on a vacation where your family will be spending time at the beach, first go to a $1 store and buy several blow up "air-rafts" and some water float toys like "noodles" and also some styrofoam or blow-up water ring "intertubes" and "boogie-boards".

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Tip: Save Money on Vacations Using Craigslist

Bobbie
Bronze Post Medal for All Time! 166Posts

November 9, 2007

Use Craigslist to get vacation deals. We are going on a trip to Las Vegas so I put a post for coupons for the Las Vegas area. I posted a request on the LV Craigslist. I did the same when we planned on visiting Destin, Florida.

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Tip: Day Vacations - Have Fun and Save Money

June 30, 2005

Mini vacations are fun and can save you money. This means you plan a special day which brings you back to your home at night to save on the hotel rate.

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Tip: Low Season vs High Season

May 5, 2005

The best time to vacation is when it's 'low season'. High season is when it's really busy (more crowded) and things will be higher priced. Also, remember, weekends will be higher priced than weekdays, whether you're thinking air fares, motel rooms, eats, or car rentals.

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Renting a Cabin for Summer Vacation

July 25, 2018

Renting a home in a vacation area can be more relaxing than camping and much cheaper than staying at a hotel. This is a page about renting a cabin for summer vacation.

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The Non-Vacation Vacation

July 5, 2017

Sometimes a staycation is exactly what you need to relax with out traveling far away. This is a page about the non-vacation vacation.

Read More... Pin it!

Saving Money on Vacations (2024)

FAQs

Saving Money on Vacations? ›

Vacations are great, but if you're working on paying off debt or saving up your emergency fund, stay focused. Once you're debt-free, you'll be able to save for really nice vacations and pay cash. Use that as motivation to pay off your debt quickly. But don't forget, you still need to budget for it.

What does Dave Ramsey say about vacations? ›

Vacations are great, but if you're working on paying off debt or saving up your emergency fund, stay focused. Once you're debt-free, you'll be able to save for really nice vacations and pay cash. Use that as motivation to pay off your debt quickly. But don't forget, you still need to budget for it.

Is $10,000 enough for a vacation? ›

With 2.5 to 5 times as the recommended multiple to spend on vacation, we should aim to spend closer to $10,000 recommended ($4,000 X 2.5), and up to $20,000 ($4,000 X 5) maximum.

Should you use savings for vacation? ›

Plus, saving for short-term goals like an upcoming vacation helps you practice for the longer-term goals. If you can save up for a vacation, it could give you the confidence and commitment to save a little more for retirement. And that may make a big difference to your future.

How much does the average person save for vacation? ›

Average Vacation Costs in 2024: Transportation, Entertainment, and Budgeting Tips. Quick Answer: In the U.S., a one-week vacation for a solo traveler costs about $1,984, while a family of four can cost around $7,936. Inflation is on the rise, affecting how Americans choose to spend their money.

How much money do you need to save a trip? ›

For example, if you've determined that your trip is going to cost $4,000 (including return flights, ground transportation, food, drinks, sightseeing/excursions, hotel/accommodations), and you have a year to save, you could divide the amount you are budgeting for your trip by the number of months you have to save (for ...

What is the rule of 72 Dave Ramsey? ›

Divide 72 by the interest rate on the investment you're looking at. The number you get is the number of years it will take until your investment doubles itself.

How much of your income should go to vacations? ›

Many financial experts suggest spending between 5-10% of your annual income on vacations each year. If you're striving to meet any important financial goals, like paying off debt or saving for a home down payment, keeping this closer to 5% can help you reach those goals more quickly.

What is a realistic budget for a vacation? ›

How much does the average vacation cost? The average vacation for one person in the United States costs about $1,986 per week. A vacation for two people will typically cost around $3,971 per week. How much does the average vacation cost?

How much money do I need for a 7 day vacation? ›

Decide how much to spend on vacation

The average cost of a one week vacation in the U.S. is $1,991 or $3,982 for a couple. ¹ However, how much you spend on a vacation can vary greatly depending on where and when you travel and what you plan to do when you arrive.

How much money should you save for a 4 day vacation? ›

For a typical trip within the U.S., people spend an average of about $581 and go away for about four nights (the cost of a domestic vacation was less than $500 back in 2005). Their travel costs per day are now about $144.

How many Americans can afford vacations? ›

An April survey by Bankrate found that only 53 percent of Americans were planning a summer vacation this year, 36 percent of which were willing to go into debt to pay for it.

How to save money while on vacation? ›

Stay off the beaten path. Avoid tourist-heavy locations, as they tend to be overpriced. Instead, visit local shops and attractions. This can help you save money as well as see a different side of your destination.

Is it better to take cash or card on vacation? ›

If your spending discipline breaks down when you use credit cards, cash may be a better choice while you let loose on vacation. No foreign transaction fees: Many credit cards charge an extra fee of up to 3% on purchases made outside the country, although you can find cards that don't.

How do I not overspend on vacation? ›

One helpful trick is to set spending limits per day, per person, or per line item. For example, each kid may have a souvenir budget or you may set a budget for park entry fees or show tickets. Some people find it helpful to set a daily spending budget—give or take—allowing carry over from day to day.

How to save money on food when traveling? ›

Visit a local supermarket or farmers market to pick up the ingredients for a simple picnic meal to take to a park. Eat light and share. Ordering an appetizer in place of an entree, or splitting one entree between two people, is another good way to save money on food while you travel. Taste some tax-free home cooking.

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