Chicago Healers Practitioner Julie Casserly, MBA urges vacationers to “Position yourself to be lucky to spend the amount of money you actually have for a vacation, instead of going into debt and later on having to pay for past choices. No one likes having what I call a ‘spending hangover;’ it takes all the fun out of going on vacation in the first place.
- Last Minute Deals – In a world where there are so many things to do, most of the travel websites will have last minute trips at a deep discount, particularly in economic environment. Decide a budget and search online for an all-inclusive trip for the long weekend that falls into that number. The exciting part is that you are leaving yourself open to trying a new adventure or a new place.
- Look At The End, First - Decide priorities for a vacation and what amount to spend, and then build a plan out from there.
- Choose the Day – Choose to travel on cheaper air fare days, say Tuesday – Saturday
- Name Your Price – Rent a car, hotel, or airfare through priceline.com where customers can name a price. Sometimes it can be 30% less expensive.
- Pack the Snacks – If a road trip in the works, pack a cooler!!! No need to spend extra money on those high cost, high calorie snacks and fast food meals.
- One Stop Shopping – Buy in bulk; get airfare, hotel, and car from one vendor.
- Locals Know Best – Interact with the locals to learn the best restaurants and tours, where the prices won’t be spiked just for tourists.
- Set the Plan and Open an Account – Plan for future trips: set financial intentions by opening up a separate savings account that is ONLY to be used for vacations. Set a plan for how much to spend each year on vacations and be sure to put aside an appropriate amount per paycheck that will allow for this later in the year.