US EditionHow Not to Overspend on Your Summer Vacation
IREDELL COUNTY, NORTH CAROLINA, JUL 10 – Experts recommend monitoring travel prices months in advance and using credit card rewards to reduce costs, with midweek flights saving about 15%, Hopper reports.
- Financial experts advise planning summer vacations carefully to avoid overspending and debt, especially as many trips last about seven days.
- This advice follows concerns that unexpected expenses or poor budgeting can disrupt savings meant to cover three to six months of living costs.
- Experts recommend setting clear savings goals, making reservations ahead, using credit card points for flight or hotel discounts, and considering flying midweek to save around $45 per ticket.
- According to Hopper, accommodations tend to cost between 20% and 23% more for guests who check in over the weekend and remain through Sunday compared to those arriving on a Monday.
- Adams emphasizes that returning from vacation with credit card debt undermines the benefits of the trip, so following these strategies can help travelers manage expenses and avoid accumulating debt.
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The Quad-City Times
How not to overspend on your summer vacation
Current reports tips to avoid overspending on summer vacations, including budgeting, monitoring travel costs, and using credit card rewards.
If you're planning on traveling this summer, it's a mixed bag. When it comes to travel expenses, I have good news and not-so-good news.
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