How do we love thee, summer? Let us count the ways: warm weather, no school, no homework and vacations!
But before you pack up a suitcase with bathing suits, sandals and sunscreen, consider this: the average vacation expense per person in the United States is $1,145. Sorry to rain on your seasonably warm and sunny parade.
With Memorial Day right around the corner, this is no reason to stay cooped up at home in front of the AC; just an excuse to get creative and frugal with your vacation plans. Follow these savvy tips to plan the ultimate vacation this summer without breaking the bank:
Create an overall vacation budget
A budget is kind of like the Clarendon filter of money management — that is to say it works every time. Check out how much money you have saved and then determine how much of that you are willing to spend. This should without a doubt be your first step, as it will dictate where you can go and for how long.
Create a food budget and stick to it
Yes, another budget. It’s important to consider this separately because it sometimes gets overlooked — and also because food is sort of essential to keep on living. Meals can be the activities in and of themselves when on vacation, and they can also simply be fuel for a larger activity. Decide how many times you want to eat out so you can afford it. The other meals you can pack up and eat while you explore your new surroundings.
Look for alternative accommodations
Hotels aren’t the only place to lay your head at night. See if a distant relative or long-lost friend lives in area you’re visiting. Hostels and rooms on Airbnb also provide much cheaper options. And last but certainly not least, consider the old tent and sleeping bag. Camping out is a fun way to spend a vacation — and it will make your vacation seem like an adventure!
Keep an eye out for deals
If you’re flying, make sure you use all the tools at your disposal to find the cheapest flight. It’s also possible to find package deals or guided tours that combine all the possible expenses of a trip into one fee. It may seem like a large amount of money up front, but it usually ends up being cheaper than paying for everything separately. Plus, it helps you stick to your budget.
As much as you may want to travel to a distant land or tropical locale, remember that vacations serve as a great way to spend quality time with family and friends. Exploring a new area that’s close by will still be fun with the right people, and it won’t send you into debt until next summer. Take it a step further and go “off the grid,” and try not to check your social media notifications or check email.
So get out there and make your summer frugal and fun! Before you know it, it’ll be fall, and we’ll be packing our backpacks to heading back to school.