Summer is quickly approaching, bringing with it the promise of an amazing vacation. Think you don’t have enough money to take the trip of your dreams? You’re not alone: With the average vacation cost for a family of four rising into the thousands, it’s no wonder that the majority of Americans don't use all of their vacation time. The good news: These thrifty tips can help you build a budget for the greatest getaway yet.
Bank on It To secure your vacation funds, open a bank account specifically for travel and then deposit money from your paycheck there directly.
Get Rewarded Take advantage of credit cards that offer travel rewards. Over time, you’ll be able to use your points in exchange for airline tickets, hotel stays, rental cars, and more. Just be sure to secure a low interest rate and pay off your balance at the end of each month.
Did You Know?
American workers took 16.2 days of vacation in 2015.
Stay Looped In Create an email address specifically for your vacation. Read more...▼
It will enable you to stay connected to great travel deals without adding volume to your regular account. Sign up for promotions from your preferred airline carriers and travel sites.
Make It a Group Effort Social shopping apps offer travel packages for a deep discount that are worth checking out. Change your preferences to include travel-based deals, and check back regularly.
Sell Out Tired of watching that old bike gather dust? Selling your wares online can help you earn some money for your vacation fund. Simply snap a pic, sell the item, and sock the cash away.
Dial a DealOne of the best ways to get a great deal on your hotel or car rental is the old-fashioned way: by making phone calls. Customer service representatives are happy to help out, and in most cases all you need to do is ask. Be sure to mention if you're celebrating a milestone birthday or anniversary—hospitality has a way of surprising you when you arrive.
Live the Suite Life Consider booking a suite with a kitchenette instead of a standard hotel room. For a few extra dollars a night, you’ll have what you need to prep your own meals and save considerably on dining costs.