Tuesday, June 8, 2021

7 Ways to Vacation on Budget

 Summer is here and it is time to spend some quality time in the sun with our families. Author Hiranmayi Srinivasan of realsimple.com recently wrote an article with tips on how to vacation this summer on a budget. The seven tips she includes are:

1. Budget before you book: Planning is of utmost importance here, and with proper planning you can save hundreds on flights, hotel reservations, car or Airbnb rentals, etc.

2. Carry a debit card of prepaid Visa: this will help you keep better track of your expenses while on vacation.

3. Set a daily limit for spending: this will enable you to spend within your means while remaining aware of daily expenses while traveling. The author writes that having a spending limit is "less overwhelming and will help you stick to [your budget] better."

4. Use a travel credit card: using these can help you get rewards while on vacation. Sometimes these perks include free travel insurance or even a discounted car rental.

5. Cook some of your meals: Eating out is a lot of the fun when traveling, however these expenses can end up being some of the most costly parts of traveling. Opting to stay in and cook some meals will help you cut down on spending. 

6. Bring your own booze: Alcohol can be some of the most costly expenses while traveling; putting store-bought alcohol in your carry-on will save you a ton of money compared to buying cocktails out.

7. Spend your money on experiences: "These are free and will last a lot longer."

For more detailed tips on traveling while on a budget, please read: 
7 Ways to Stick to Your Budget on Vacation


Written By: Your Financially Fit Me Team


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