How to Save Money on Your Summer Vacation

  How to Save Money on Your Summer Vacation

    Non-profit credit counseling agency Take Charge America offers tips on
                  planning a memorable vacation on a budget

Business Wire

PHOENIX -- April 25, 2013

The temptation to overspend can be great when planning a much-needed vacation.
However, a hefty credit card bill following a few days of R&R can cause even
more stress when returning home.

Mike Sullivan, chief education officer for Take Charge America, a national
non-profit credit counseling and debt management agency in Phoenix, says
consumers can create memorable, budget-friendly vacations with some careful
planning. “Create a vacation budget first and foremost. While transportation
and lodging represent the biggest expenses, you also need to account for food,
drinks, souvenirs, recreation and anything else you could spend money on. We
get into trouble when we underestimate our costs.”

Sullivan offers six tips to help consumers save more when planning summer
vacations:

  *Comparison Shop – Compare travel packages with hotels or airlines
    directly, and with travel deal sites such as Expedia or Priceline. You’ll
    get different deals depending on the season. Also seek out AAA and AARP
    discounts, as well as additional perks such as free breakfast and Wi-Fi.
  *Consider All-Inclusives – All-inclusive resort and cruise packages may
    include everything from lodging and transportation to food, drinks and
    tips. These are excellent options for money-conscious travelers who want
    to make it easy to abide by a budget.
  *Plan Far in Advance… or Procrastinate – Airlines, hotels, cruises and
    travel deal websites offer deals for travelers who book their vacations
    far in advance or wait until the last minute.
  *Be Flexible – It’s easier to find discounted travel packages if you are
    flexible with dates and times. Consider taking a red-eye or booking your
    flights mid-week. Avoid holiday weekends, if possible. Also look into
    hotels or airports slightly off the beaten path. A little extra driving or
    walking can save a few hundred bucks.
  *Jump on the Bandwagon – Travel in a large group with friends or family to
    take advantage of group discounts. You can also split the cost of gas,
    food and entertainment. If you can’t afford to pay for lodging, stay with
    friends or family in another part of the country (offering reciprocal
    accommodations in your hometown). They should have tips on tourist and
    local hotspots, too.
  *Budget Year-Round – If you save for vacations throughout the year, you
    won’t feel the pinch when you’re ready to take time off. Consider setting
    aside a small amount of money each month in a “vacation fund.”

About Take Charge America, Inc.

Take Charge America, Inc., a non-profit financial education, credit
counseling, housing counseling and debt management agency, is dedicated to
helping consumers nationwide improve their financial futures. Founded in 1987,
the organization has helped more than 1.6 million consumers manage their
personal finances and debts. To learn more, visit www.takechargeamerica.org or
call (888) 822-9193.

Contact:

Aker Ink
Andrea Aker, 602-339-7339
andrea.aker@akerink.com
 
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