Three Tips to Reduce Vacation Costs

Jack Hollingsworth

Travel expenses make up a large part of vacation budgets. When trying to keep your vacation within budget every expense needs to be a balance between how much you want to do it versus how much you will save if you skip it. Spending the time up front to make sure your budget is in order will make your vacation memorable and fun. Here are some tips to help you control your vacation budget and increase how much of your vacation budget you spend on what you truly enjoy.

1. Put your budget on paper. By writing out your vacation budget you know where your vacation money is going. This allows you to focus your budget and ensure you get the most out of your vacation.

2. Consider a staycation for your next vacation. When you vacation close to home - or even inside of your home - you are taking control of expensive travel costs. That leaves you more money and time to spend on the fun things that are available close-by.

3. Stick to your budget. Staying accountable to your budget on vacation can be challenging. Make sure you have a system for tracking your budget while you are on vacation. Purchase a small pocket size notebook that you will use exclusively for tracking your vacation expenses. Write each of your budget categories on a separate page this way you will know exactly how much remains in each portion of your budget. Each time you spend money subtract the amount spent from the appropriate page.

When you plan your budget ahead of time and stay on top of what you spend while on vacation you can be sure your travel budget works for you and you make the most of your vacation.