As we've been planning our summer vacation this year, we're looking forward to visiting and reconnecting with family. This year we are focusing on something we haven't done in the past-we're working on a cash only policy. In years past we've put everything on a credit card and deal with the costs when we return home. As we've learned from previous posts you spend 20-30% more money when you use a credit card. So with this year we have to be more frugal in our choices. Here are some things that we have found to help us out:
Start with a $ goal amount in mind-Are we going to spend $1000, $2,000, or $5,000, or $10,000 on this vacation? This will help you keep your unnecessary costs down. Be realistic when setting this goal because if you don't, it may cause stress, and you'll come home more stressed than when you left.
Plan ahead-Plan ahead including your routes, restaurant and motel or hotel stops. Mapquest is a great way to help you determine your routes; are you looking for the quickest route or the scenic route?
Allow some time and money flexibility - Even though this is a personal finance blog aimed at helping you save money on all facets of your life you want to make sure you are not so planned that you are adding stress to your life and the lives of your family members. Sometimes the best experiences are those that are done on the spur of the moment.
If you're taking a vacation to include flight, hotels and rental cars take a look at this video, it may give you some tips to help you save money.
Here are some more tips to help you plan a successful vacation: http://www.getrichslowly.org/blog/2008/01/15/ten-money-saving-vacation-and-travel-tips/
http://consumerboomer.com/20-ways-to-save-money-on-your-vacation/
As we get on vacation we'll keep you posted on some of the things that we've done to help save money. Share with us some of your tips for fun, economic vacationing and have a great Summer!!
Greg and Jody Roche
Be Frugal Live Wealthy
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