Maxine Williams Maxine Williams

Vacation this $ummer without Breaking the Bank

It all begins with an idea.

The summer vacation season is upon us and if you are like me, you are thinking about how to save money on your travels. Whether you're planning a beach getaway, a city break, or a backpacking adventure, there are plenty of ways to cut costs without sacrificing the quality of your trip.

One of the most important things to do when trying to save money on your vacation is to formulate a plan based on your vacation budget. This a separate spending plan that doesn't take away from your regular expenses. It is also NOT funded exclusively with credit cards.  To save money, book your flights and accommodation well in advance, ideally 21 days before flights. Also, research indicates that the best deals are when flights are published, not a specific day of the week, so consider using a flight pricing service like Going TM or Skyscanner to get this info in your hands asap. You should also look out for discounts and promotions offered by airlines, hotels, and travel companies.

Another way to save money is to be flexible with your travel dates. Sometimes, prices can vary greatly depending on the day of the week (mid-week) that you travel or the time of year. By being open to different dates, you could find significant savings on your flights and accommodation.

Lastly, consider alternative modes of transportation, such as public transport or carpooling, instead of renting a car. This can save you a lot of money, especially if you're traveling in a group. Additionally, choosing lower-cost destinations or opting for budget-friendly activities can also help you save money while still enjoying a fantastic vacation.

With these tips in mind, you can enjoy a great vacation without going into debt.

Genwealth Consulting, LLC

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