Summer is often synonymous with vacation, but traveling can get expensive - especially with prices currently so high. While a recent survey from Bankrate found that most people don’t even plan on going on vacation this year, 29% of people making plans to travel expect to take on debt to fund their getaway.
But it’s good to take a break from work and everyday stressors, and studies show positive correlations between your health and vacationing. If you’d like to take a break without going broke, here are some hacks to keep your wallet in check.
Stick to the Roads
Flying can be pricey, so choosing somewhere you can drive to can help you save on spending. Road trips can offer scenic views along the way and unique finds off the beaten path.
Travel Light
Plan on doing laundry while you’re away, and only bring outfits you can mix and match. This allows you to steer clear of checked-baggage fees while making it easier to take public transportation and avoid the high fees of a car service.
Choose Accommodations With a Kitchen
Eating out for every meal can add up fast. Instead, shop local and have food on hand that you can snack on or cook. If you’re health conscious, this also makes it easier to keep your meals nutritious.
Redeem Travel Rewards
If you’ve collected hotel or travel points, now’s the time to use them. These perks can help cut down your travel costs significantly.
Enjoy Free Attractions
Sightseeing doesn’t have to mean going into debt. Research local activities you can do for free, like going to a park or a museum. This allows you to explore the area without breaking the bank.
Stay Home
Vacation doesn’t always have to mean travel. Sometimes the best vacation can be unwinding at home and spending quality time with your loved ones.
Use Savings to Pay Down Debt
By sticking to a travel budget, you may have funds leftover that you can apply to debt. While taking time off is important for your overall well-being, adding financial stress can undo those positive benefits. With smart planning, you can still get the vacation you need without putting yourself further into the hole.