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The High Cost of Summer Vacation

The Joys of Budget Travel

Summer is here, and for many Americans, it’s vacation season. But with warm weather, school breaks and slower work schedules encouraging many to hit the road or book a flight during the summer months, prices for flights, hotels and destinations often reach their peak, which could put a damper on your dream vacation plans.

Tips and Tricks for Affordable Travel

  • Start saving & take advantage of travel perks
  • Timing is everything
  • Know what to skip
  • Broaden your horizons
  • Plan a staycation

Start Saving & Take Advantage of Travel Perks

Planning your vacation can start any time simply by saving money for your travel expenses. Look at where your money is currently going and see if there are items you can cut, such as subscriptions, entertainment and dining out.

Don’t underestimate the power of credit card points – they can make travel more rewarding and help offset costs. Explore the travel rewards your credit card offers. Travel cards can help you build up miles or rewards points to put toward flights, hotel stays or rental cars by rewarding you for everyday purchases.

Timing is Everything

If your plans are more flexible, you may also want to consider traveling during the off-season for lower prices. Think about traveling in the month or two on either side of the peak season when tourists are less likely to visit.

Whenever you travel, however, aim to book plane tickets about two months in advance, and start looking up flights as early as possible to get the lowest prices. Sign up for airline price drop alerts and follow airlines via email newsletters and social media to keep atop any deals.

Know What to Skip

Once you’re at your destination, consider passing on expensive guided tours or private transit like taxis or ride shares. Instead, create your own city tour, look online for free walking tours or get around on public transportation.

If you’re visiting a popular monument or famous street, pass the “tourist trap” stores and restaurants and do your shopping and dining a few blocks away where prices are likely to be lower.

Broaden Your Horizons

Sometimes, you can have more fun at a lesser-known destination. Try some smaller towns over big cities, which can offer better prices on your hotel and dining experiences. Additionally, if you’re within driving distance of a big city, you can still go and enjoy it for a day.

If you are staying in a larger area, find a hotel outside of the most expensive part of the city but close enough that you’re not spending much getting to the sights.

Plan a Staycation

If a big trip still isn’t in your budget, that’s OK. There are still plenty of ways to get away, even if you stay in the comfort of your own home.

Take a day trip to a nearby town or plan a longer road trip through your state. You’ll still get to see new places and try new hotels. If you’re planning to visit a friend or family member, explore a new venue while you’re in that town.

Exploring lesser-known destinations can offer unique charm without the usual crowds and costs.

The U.S. Has Many Affordable Options

The U.S. also has extensive state and national park systems with a reasonable per-car entrance price. To save even more money, bring a picnic!

The Bottom Line

Travel enriches our lives, and with some creative planning, you can enjoy memorable adventures without overspending. Using budget travel tips can help you add adventure to your life this summer without breaking the bank.

For more financial health tips, visit chase.com/financialgoals.

Key Budget Travel Tips
Start Saving & Take Advantage of Travel Perks
Timing is Everything
Know What to Skip
Broaden Your Horizons
Plan a Staycation
Make the Most of U.S. State and National Parks

“Travel is more than the seeing of sights; it is a change that goes on, deep and permanent, in the ideas of living.

With a little creativity and planning, you can have a fun and memorable summer vacation without breaking the bank.

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