If you’re like most Americans, you talk about wanting to work less and travel more. However, many of us are road-blocked by our financial situations. Whether you want to roam in Rome or chill in Chile, there are plenty of useful ways to help you save money on your trip depending on where you want to travel.
- Start saving well in advance
If you want to cruise around European cities during the summer of 2017, start saving now. A typical two-week European vacation could cost you up to $10,000, depending on how many in your party and how extravagantly you want to travel. Talk to your local bank about CDs, money market accounts, and vacation accounts. Determine how much money you would need to take a trip through handy calculators like this one from Bankrate.
- Try all-inclusive packages
If you choose destinations like Mexico or a tropical island like Aruba, look for all-exclusive package where you eat and drink for one bundled price at the hotel. You can find packages like these through a travel agent or travel site like Expedia. You’ll save money doing it this way rather than piecemeal.
- Check All Travel Sites for deals
Sales on flights and packages take place at certain times of the week or month. For instance, many airlines put out their best fares early in the week, with new prices popping up around midnight. Subscribe to sites like Kayak to set up airfare comparison reminders and alerts so that you can get the best deals.
- Try some short cuts
Kayak Sky Scanner: This website allows you to search for the cheapest deals on airfare, as well as hotels and car rentals all on one site.
The Codeshare Trick: Codeshare is when two different airlines sell the same flight. Codesharing could be of great help if you love flying with a particular airline. Codesharing is when airlines work together to sell each other’s flight at a slightly different price.
- Invest in the stock market
Invest in the stock market to increase the amount in your savings. If you already have a portfolio, it is a good idea to have a stock fraud attorney check your portfolio. A stock fraud attorney can help you see if any of your capital has been mismanaged. With any type of trading, make sure that your broker handles the accounts properly; otherwise, a stock fraud attorney should review your losses.
When you want to take a yearly vacation, it doesn’t have to be expensive. Depending on where you want to go, you can find great deals year round. If you are flexible in when you want to travel, consider off seasons. When it’s summer in the U.S., it’s winter in Australia. This may be a great destination if you are not a huge fan of triple digit heat or the dreaded humidity. On most islands, like Hawaii or Aruba, the weather is great year around. Wherever you choose to travel, make sure that you read up on all the tourist and travel warnings so that you can have a safe and fun-filled vacation with friends or loved ones. The US Department of State website is a good place to start.
Invest wisely for a money-saving trip. Call Thomas Law Group if you suspect fraud from your stock broker; we are specialists in recovering losses.