Family Tips for Saving Money While Traveling
Collecting money for travel, money savings in a glass jar with world map
Travel is often pretty expensive. When you combine flights, hotel rooms, attractions, rental cars, and food together, you can end up with quite the hefty bill, especially if you’re traveling with a fairly large family. What can you do to cut down on that dollar amount? Here are four family tips you can use to save money on your traveling experiences.
1. Book Vacation Packages If Possible
Vacation packages are when someone books a hotel, a flight, and sometimes a rental car all at the same time. When you book these things together, you may be able to save money on all three. Vacation packages are most frequently associated with third-party metasearch sites, but it’s also possible to find official sites that have partnered with other official sites for vacation package options.
2. Take Advantage of Status Discounts
Status discounts are available for people who are part of different groups. For example, if you’re currently a student, teacher, or healthcare worker, and if you are currently or ever have been in the military, you may be eligible for status discounts through certain companies. Check to see whether people that you’re staying with offer any of these discounts, as they can be a simple and easy way to save a lot of extra money on your travel purchases from start to finish.
3. Look Into Low-Interest Financing Options
Financing options can be a good way to lessen the travel blow on your wallet. With a financing option, you can spread your payments for a travel experience over multiple months. However, you also want to make sure you’re paying low interest rates on that financing. Otherwise, you might end up with an extremely expensive trip that you might end up regretting putting into financing. Many companies are starting to partner directly with financing companies to offer these financing options directly on their websites.
4. Consider Opening a Travel Credit Card
A credit card may be the last thing you think about when you think about saving money, but if you love to travel, a travel credit card could be exactly what you need. The Marriott Bonvoy credit card, for example, can give you all sorts of benefits on your Marriott purchases, and it even lets you transfer your points to over 30 different airlines. This can be a great way to offset the costs of travel, whether you redeem them directly for hotels or you transfer them for air travel.
Conclusion
In general, the process of saving money while traveling is something you’ll have to think about every time you travel. As a family, you’re going to be thinking even more about how to save money in the most effective way possible. These four tips can be great ways to save as a family when you decide to travel. No matter where you’re going, try your best to put these four tips into play, as they can be some of the best ways to save on your trips.