Five Ways To Save Money While On Vacation

Five Ways To Save Money While On Vacation
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Learn five simple techniques to save money on your next vacation.

• Travel: DIY • Travel: How-To • Travel: International Travel • Travel: Money Saving • Travel: Planning
• Travel: Tips & Tricks

Budgeting a vacation is never an easy task. Even if you find affordable flights and hotels, there are always other expenses that add up every day. Keep your holiday finances stress-free this year by practicing these five ways to save money while on vacation:

Plan Ahead

This may seem like a given, but you'd be surprised at how many details are often overlooked while budgeting a vacation. Write out a rough schedule for yourself ahead of time so that you won't have to worry after you've arrived. Check discount websites to see if you can find deals for restaurants and shows you want to visit. Bringing your student or military ID will help you get discounts as well. You should also research and brainstorm a few free ways to enjoy your downtime in between events. Many all-inclusive resorts offer free activities such as non-motorized water sports. This could also mean playing Frisbee on the beach or attending a local sculpture garden. Come up with 3 to 5 ideas before you leave so that you won't be pressured to pay for a good time when you have nothing else planned.

Take Cheap Public Transportation

When you're in a new place, it may seem less complicated to take a taxi everywhere, but those cab fares add up. Instead, research the train and bus system ahead of time. If none of these options are available and you decide to rent a car, be sure to pack your own GPS to avoid the high expense of renting one from the rental car company.

Buy Groceries

Whether you're on vacation for two weeks or two days, buying a small amount of groceries when you arrive is always a good plan. That way, you can save the money you'd spend eating out and use it instead towards the meals you actually plan for dining out. Those of you afraid of gaining weight on vacation will appreciate the extra step of having groceries as well.

Barter With The Locals

Wherever you go for vacation, but especially if it's in a foreign country, you should practice your trading skills by bartering with the locals. Places that receive a lot of tourists are filled with merchants that know how to rip them off when it comes to selling goods. If you're going to shop the jewelry stands or craft fairs, try to barter the price down a bit. If it doesn't work, no harm done, and you never know where you can find a deal that only comes to those who ask for it.

Choose Cash Over Credit

Nothing ruins a vacation more than coming home to a giant IOU bill waiting for you. Instead of relying on your credit card, try to set aside as much cash as possible for your trip. It also helps to divvy up your cash for each day so that you won't overspend. Carrying limited amounts of cash on you for each day will also keep you safe from prospective pocket pickers. Remember, vacations are for relaxation and exploration. Don't ruin yours by putting yourself into a stressful financial situation when you return home.