The weekends in the summer are both the busiest and most expensive times to take a trip, according to the U.S. Travel Association. The price of gas, hotels and plane tickets automatically rise due to demand and high traffic. Often, vacation budgets are exceeded. Although fluctuating prices cannot be controlled, there are other ways to cut down on surprise vacation costs.
“It can be frustrating to discover hidden fees and costs when vacationing, especially if you’re trying to stick to a budget,” said Suzanne Symcox, executive vice president for First Fidelity Bank in Tulsa. “The best way to avoid these pitfalls is to plan out how you can save money. That way, if unexpected costs show up, they don’t send you into a budgetary tailspin.”
Here is a money-saving tip for lowering vacation costs:
Consider alternatives to hotels. Consider using credit card points to help with the cost of hotels. Consult with your bank to find out if and how you can cash-in points. With enough planning, the cost of lodging can be cut down and you may even be able to receive cash back. There are many options for lodging other than hotels while you’re on vacation. A common trend in travel lodging is companies that allow people to offer their homes for people to rent while traveling. This is a great way to save money and enjoy a cultural experience. Some companies, like Airbnb, offer entire apartments for as little as $90 per night. If you do decide to stay in a hotel, book well in advance to avoid sky-high prices. The price of hotel rooms increases with demand. Use travel aggregator websites to find deals and compare a wide range hotel prices.