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Ways to Save Money for Your Vacation

by Katie Skrzek

Jul 6, 2020

© Bulltus Casso | Dreamstime.com

Tips / Budget

Booking the trip of a lifetime can seriously hurt your bank account. But that doesn’t have to be the case. There are some simple ways to save money for your trip. Follow our suggestions to stockpile money ahead of your vacation.

 

Set a Budget
As you begin to plan your trip, create a realistic budget. Think about how much money you can and would like to spend on meals, attractions and other activities. Be specific with dollar amounts.

 

Create a Trip Fund
Create a dedicated savings account for a travel fund. Choose an amount within your budget to contribute every week or month automatically.

 

Use Points
Before you book any aspect of your travel, look into taking advantage of credit card points to book airfare and hotel stays. This can free up some of your budget so you can spend more on activities once you arrive to your destination. In preparation for this, leading up to your trip, do all spending on credit cards with the best points policies.

 

Free Activities
Research free activities and events going on during your stay. See if there are any free museums or performances you can take advantage of. Opt to dine during happy hour promotions. You will often find discounts on both food and drinks at many restaurants.

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