As May ends and summer is fast approaching, it's time to start budgeting for your budget-friendly summer travel. Budgeting for summer trips doesn't stop after booking travel and accommodations; it's essential to include your entire trip when planning your spending.
There are quite a few ways you can save money while traveling within the continental U.S. Making a few small adjustments to your travel plans can help you maximize your budget and make your vacation one to remember.
Keep reading for Vibe's budget-friendly summer travel tips to make the most out of your summer.
Drive instead of flying
Driving can be a great option when flight costs are out of your price range. This option allows you to make stops along the way, providing opportunities to get out and explore places you may not have otherwise. When comparing this option to flight costs, make sure to factor in the cost of gas and potential overnight stays along your route.
Book accommodations based on your budget
Accommodations are often the most expensive part of your budget-friendly summer travel. Our advice is to not focus too much on amenities when booking. You are traveling to experience a new place, and although a five-star restaurant or resort-style pool may be tempting, you must decide what's truly a make-or-break for you and your budget. Another route you can take is staying with family or friends or even splitting a rental with a group to cut down on costs.
Keep food costs down
Whether you are driving or flying to your destination, we recommend packing food for your journey. Airport food comes at a premium, and fast food and convenience store snacks can add up. Not only does packing food help save you money, it gives you the option to eat healthier along the way.
Booking accommodations where you have the option to cook is also a great money saver. Go out and get groceries for a portion of your meals and use ratings and review sites to make sure that more expensive restaurants are worth it.
Set per diem spending limits for experiences and souvenirs
Before you step into a souvenir store, set a daily budget to keep your spending in check. We recommend making a list of what you're looking to buy for yourself and loved ones back home before your trip. This per diem budget should also account for activities you have planned. Try reading reviews on activities before deciding when and where to splurge.
Invest in travel Insurance
Travel insurance protects you from the unexpected, especially regarding your nonrefundable trip costs. You can get travel insurance to cover costs in case of last-minute medical emergencies, travel delays, lost baggage, or rental car damage.
There are also options to select refundable flights or accommodations. Although these usually come at a premium, they give you the flexibility to change your trip if an emergency arises.
No matter where your budget-friendly summer travel takes you, let your financial institution know about your trip. This prevents your cards from being flagged for fraud or deactivated. Stay tuned for the second edition of our summer trip money tips, where we will discuss maximizing your budget and protecting your finances during international travel.
