We all deserve a little rest and relaxation each year and vacations are the perfect way to do it. There are a few things though that can put on a damper on your trip and overspending is a big one. Don’t worry, we’ve got 4 tips to help you save while traveling so you can truly enjoy some R & R.
Plan Ahead
Planning ahead will give you plenty of time to find the best deal. You can look at the prices during different travel seasons and find the one that best suits you. Flights, hotels, and tours may be cheaper during the off-season or shoulder season. Traveling during these seasons may also help you avoid crowds at tourist attractions.
You can also try using comparison sites to find the best airfare and hotel deals. Airlines and hotels may increase prices as the travel date approaches so it is best to book early.
Once you know when and where you are going you can save money by researching the different methods of public transportation around your destination. Public transportation can be a great way to save money. You can even look into bike rentals for shorter distances to save on overpriced travel fares.
Create a Travel Budget
After you have planned ahead and picked your travel destination you should sit down and make a travel budget. Taking time to lay out all the necessary travel expenses and the not so necessary expenses can give you a great idea of how much you need to save for the trip. It will also help you put into perspective where you really want your money to go. Make sure to include everything from meals to souvenirs in your budget.
Track your Spending
Your travel budget will be a great tool to help you track your spending during your trip. Keeping a log of your expenses will help you avoid overspending in areas where it’s not necessary and tracking your spending will allow you to see where you may have extra funds.
Look Into a Travel Credit Card
Travel credit cards can offer great benefits such as room upgrades and deals on tourist attractions. They also offer rewards that can help you earn on what you spend. Just make sure to pick a card with great travel perks and no foreign transaction fees.
Saving money while traveling may seem like a hard task. There are a lot of tempting expenses, but if you follow these tips and make informed choices you can enjoy a relaxing trip without setting yourself back financially.
About Penn East Federal Credit Union
“Have a positive impact on our members, our community, and each other.” That is the common thread that goes across all of Penn East Federal Credit Union’s endeavors. With over eighty-five years in business and 24,000 members, the community-oriented credit union is a vital part of Northeastern Pennsylvania. Penn East FCU serves Luzerne, Lackawanna, Wayne and Wyoming counties with five branches and a 24/7 digital banking service through their website www.penneastfcu.org and their Penn East Mobile Banking App. Penn East FCU provides trusted financial solutions, integrity, and reliability to its members and community.
