Money-Saving Tips for Summer Vacations

Many of us are gearing up for summer vacations with our families that are sure to be fun and memorable, but the last thing anyone wants to do is spend the rest of the year paying for the vacation. Here are 8 tips for your summer vacation that will help you save money while still having fun. 

1. Set A Budget
Review your available cash, savings, etc. to get an idea of how much you are willing to spend. Narrow your vacation options to fit within your budget. And consider destinations that offer the general experience of what you want without the cost.

2. Cut Unnecessary Expenses & Purchases
Use your vacation as your motivation to cut your spending and save as much cash as possible for the trip. Avoid impulse purchases and unnecessary expenses. Every week, set aside cash for spending so you don’t have to charge items on the credit card.

3. Hold a Garage Sale
Involve every family member in cleaning out their closets and finding items that can be sold. This is the perfect time of the year to hold a garage sale and sell unused or old items to fund your vacation.

4. Look for Travel Discounts
Spend time looking on websites for the best deals on hotels, airfares, rental cars, etc. You can sometimes save money by paying for hotels or rental cars in advance. And don’t be afraid to ask for additional discounts from hotels and activities before booking them. Also, consider renting a vacation home. This usually costs less money than staying at hotel rooms multiple nights.

5. Book Lodging with a Kitchenette
This will allow you to purchase food at the local grocery store and cook your own meals, which will save you money by not eating out at restaurants every day. Plan simple snacks, breakfasts, and meals.

6. Watch for Coupons
Many local businesses offer discount coupons for summer activities or restaurants. Look for discount coupon books and browse through local newspapers of your vacation destination.

7. Consider a Vacation Closer to Home
Find new destinations or experiences that are closer to your home. Not only will you have to travel less, but this will give you more vacation time. Instead of eating out, bring a cooler with your own sandwiches and drinks.

8. Plan Simple & Free Activities
Research activities that don’t cost a lot of money or are free such as walks in the park, local events and outdoor concerts. Many times, the most memorable moments are created from simple activities together.

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