Summer is usually the busiest season for travel. Since this time of year when many people travel for vacation (and sometimes work), prices tend to be high for travel related needs (airfare, hotel, etc). Here are some tips to ensure you don’t go broke by the time the Fall season rolls around:
1. Save for your vacation in advance
Most people tend to book vacations using the money they have at the time. Having a savings account (preferably online) dedicated just for traveling funds is a better alternative. This allows you put a little bit aside each month, instead of incurring the cost of booking the vacation all at once. It also prevents you from splurging – you can only spend what is in your vacation fund!
2. Travel during offseason
Traveling is not only limited to the warm months. If you are looking for warmth, there are many places around the world that are warm year round (such as the Caribbean). Offseason prices are usually significantly cheaper and allow you to get the most bang for your buck.
3. Book your vacation at the right time
Booking a vacation way in advance is not always the best solution. Sometimes, it only requires a few weeks. BuzzFeed has a great guide for when to book vacations. Google Flights also has a great tool to search flights from all airlines and it will give suggestions for cheaper days to travel.
Traveling is a great activity; however, it doesn’t have to break the bank.
Are there any other tactics you use when booking your vacations?