Long Overdue Vacay: Ways to Save Money for Your Next Trip
January 10, 2022
We all need a vacation once in a while. Many of us work hard and are constantly very stressed because of our mundane tasks. Some of us even forget to take a vacation and spend all of our time at work. While it’s respectable, it’s not good for your physical and mental health.
At the same time, a vacation is not always affordable. But, it doesn’t always have to be expensive either.
With a little bit of planning and the help of some free stuff, vacationing will not be a distant dream anymore. One of the best things you can do to make that dream a reality is to save money.
There are plenty of ways to save money; you just have to know-how. That said, if you’re looking to have a pleasant vacation somewhere far away, read on:
Budget Early
Your vacation doesn’t have to be luxurious or far away if you want to enjoy it. So first, you need to decide where you want to go. You can start by deciding the maximum amount of money that you’re willing to spend on your whole vacation. With that in mind, the two most important things to do while budgeting is to determine how you want to travel and where.
Urban adventures are typically much more expensive than rural ones. For example, you’ll save a lot more money traveling Southeast Asia than going to Sweden or London.
Moreover, the most common idea is that traveling by car is the cheapest option for transportation. But it isn’t. That’s because you have to manage the gas stops, car rental if you don’t have a car, overnight stops, etc.
The next thing you should consider is the extra expenses that you might pay for during your trip. Will you need a pet sitter for your pet back home? How much is the public transportation in the city you’re planning to visit? How about the food? You have to adjust all these things into your budget if you don’t want to run out of money.
After deciding everything, you need to create an upper limit and add in 30% for emergencies. Nobody knows the future, and emergency expenses might happen. Preparation is the key to avoiding overspending.
Invest in a Rewards Card
Credit card companies often offer travel credit cards that you can use during your trip. Some of them are American Express, Chase, Capital One, etc. This card works by rewarding you every time you use the card.
You can even earn points just by gassing up your car or getting your weekly groceries. Not only that, but reward cards often have perks, like priority boarding, free checked baggage, and more. However, ensure that the service you want does not have foreign transaction fees.
It’s important if you want to travel internationally. Foreign transaction fees are charged to your account if you make any purchase outside the US. It may not be much, but it can be intimidating if you get charged for every purchase.
If you don’t want to rack up fees just by buying something, you may want to find a card that doesn’t have foreign transaction fees. These points can be used for many things like free flights, accommodations, and even breakfast. Take note that these vary depending on the service provider.
Hire a Travel Agent
There are a lot of details that you need to smoothen out before you go and enjoy your vacation. These details are important- like accommodations, flights, food, etc.- to have a smooth-sailing trip.
If you don’t have time for that, then maybe you should consider getting a travel agent. The best thing about hiring a travel agent is that they have extensive knowledge about the resources and options available for you when you go on a trip.
Not only that, but they also have connections that can save you a lot of money. Simply put, a travel agent’s goal is to give you a first-class experience for your trip without you breaking your bank account. They may require a small fee, but the deals they can offer you will save you tons of money and probably give you the best vacation of your life.
Final Thoughts
A vacation is a way for you to be stress-free and not think about work for a while. So, it only makes sense that you don’t want to deal with the stress of preparing yourself financially before going on a trip.
With these tips, you can learn how to stop overspending, especially on trips. You will be able to enjoy your trip without worrying about the money. After a long while, you’ll finally have that sweet time for yourself on a beach somewhere in the world.