How to Save Money on Your Next Vacation

By: Horizon Bank Last Updated: May 10, 2012

vacationIt’s no secret that vacations are expensive. As the economy continues to fluctuate, more people are opting for less expensive ways to enjoy a relaxing getaway. If you’re looking for a vacation that’s a little easier on your wallet, take a look at some of our money-saving travel tips.

Compare Travel Costs
Getting to a destination can be one of the most expensive aspects of a vacation. Travel sites like Kayak, Priceline and HipMunk allow you to browse multiple travel sites at once. These sites also allow for air fare comparisons so you can get the best travel price available. When flying to your destination, try and fit your belongings into a carry-on bag instead of checking a bag. Checked bag costs add up and can be upwards of $200 per round-trip for a family of four.

Make Smart Choices at your Destination
You can also save immensely on vacation expenses once you have reached your destination. Opting to stay in a less expensive hotel or hostel can save you hundreds of dollars on lodging. Extended stay hotels are generally less expensive, and most have kitchenettes built into the rooms. This will allow you to purchase groceries and cook your own meals instead of spending money to go out to eat for food.

Go on a Staycation
More families are opting to vacation at home. This option is a great way to have the benefits of a vacation, and the savings of staying home. Make your backyard into a poolside paradise, or cut yourself off from the electronic world and get some much-needed sleep and relaxation. However you decide to spend a staycation, you will love the savings it keeps in your pocket.

Vacations may be expensive, but they are a fun and exciting way to take a break from regular life. With these simple yet effective tips, you won’t be breaking the bank on your next vacation.