The Best Ways to Save on Your Next Vacation
For most of us, save money for vacation can be challenging at best. With all of your other expenses, it is sometimes tough to set aside those extra few dollars for the next vacation.
But it doesn’t have to be.
With a little planning and know-how, saving money for vacation can be easy. There are just a few things to keep in mind. And when you book your vacation package with Trip Support, it can be even easier.
Using your salary and any savings you can derive from that, many of us start socking away vacation funds long before the trip begins. Then when the time comes, they buy the most expensive item, usually the air tickets, just a short while before the trip happens. But doing this will almost guarantee you are paying too much for your flights.
Buying your airline ticket between six weeks and four months before the departure date is your best bet for finding the best deal. If you wait until the last minute, fares are almost always higher – so it pays to plan ahead! And with Trip Support, the farther ahead you book, the more time you have to pay on a monthly installment on your vacation package.
We give you all of the tools necessary to research and plan the perfect vacation for you and your loved ones.
A Little Knowledge Goes a Long Way
In the tourism industry, you may have heard of two very important seasons – the high season and the low season. But what are they, exactly? To the traveler, the high season means this is the time during the year when the destination sees the most visitors. Crowds are thicker in popular destinations and the weather is generally warmer. In most parts of the western hemisphere, the high season is anywhere from May through September (unless, for example, it’s a skiing destination or other cold weather vacation spot.)
Consequently, the rates for flights, accommodation, tours, and even food can be more expensive. It’s the basic law of demand. Tourism companies know that a lot of people will be visiting during this time, so demand is high, and they can raise their rates. People will pay these rates because often this is the only time of year they can visit. In other words, they pay for the convenience of vacationing when it’s the best time for them.
Then there is the low season. Visitation is much lower, the weather may not be as good, and therefore fewer vacationers are around. Demand is lower for tourism services, and so the prices follow suit. If you are flexible in your vacation schedule and don’t mind a little inclement weather, the low season is an excellent time to get away and save a lot of money at the same time.
As a traveler, knowing this is another great way to help save your hard-earned dollars on your trip. But many people still find it difficult to set aside even a little extra money for upcoming trips.
Hot Tips for Save Money for Vacation
- One of the easiest things you can do is to save 1% to 3% of your income and put it away into your vacation fund. It’s just like putting pennies into a piggy bank – just set aside that money immediately and you won’t even miss it.
- Do you have items around your home that you no longer need? Why not sell them for a little extra cash? You’d be surprised at how much money you can get for some items that you no longer use.
- Cut back on your monthly food budget. Do you go out to eat often? If so, cutting out even one or two meals at a restaurant per month. Eating these meals at home is enough to help you maintain a good vacation budget.
- The same is true for coffee. Cut down on those trips to the coffee shop and save that money for your trip. It can save you $5 a day. So, if you make the trip for coffee even twice a week, you are saving at least $40 a month!
- Save 10% of your tax refund for your vacation savings. Every year, many people get a tax refund from the government. Are you one of those people? Instead of spending it, why not save at least some of it for your vacation? Dare to save 50%, or if you can, save all of it!
- Open up a credit card account with a cash-back bonus. If you have good credit, there are several credit cards out there that offer cash back for every purchase you make. Many people use these cards for their everyday purchases – groceries, gas, household items, gifts, etc. Just be sure to treat this as you would your normal monthly expenses, and make sure you can pay off your purchases every month. It is a way to save a little bit of money from your budget and use it to put into your vacation fund.
- Cut out the unnecessary incidentals in your monthly expenses. Do you have a subscription you pay monthly that you don’t use, or that you can give up? These would be things like newspapers, magazines, or streaming services.
Save Even More with Trip Support
When you book a convenient vacation package with Trip Support, you have peace of mind knowing that you can pay for your trip with monthly installments. Paying an initial amount will secure your booking, and then during the months before your trip, you can slowly pay over time. This is a great alternative to the more expensive option of saving your money and then buying the package all at once at a time when prices will be higher.
Trip Support makes the process easy, and you save money at the same time. So, when you finally get on that plane and take your much-anticipated trip, you will know that you’ve already got the major expenses taken care of.