Are you planning to take a family vacation this summer? If so, it could become a pricey proposition. For those Americans with summer vacation plans, 41 percent expect to pay an average of $3,000 for transportation, lodging, meals, activities, entertainment and pet care, according to a new telephone survey conducted for the American Institute of Certified Public Accountants by Harris Poll. The Oklahoma Society of Certified Public Accountants offers some tips on how you can set a budget for and hold down the cost of a family trip while still having an enjoyable break.
Consider having a staycation. The most effective way to save money is to have some fun right in your own backyard. If you’re dreaming of a vacation that will bring the family together, could you have the same fun by spending the day at a local amusement park or taking a day trip to the beach or a state park? If your budget is tight, remember that it may be possible to get a break without leaving home.