Rising prices of goods and services across the board have caused many Americans to reconsider their previously planned travel adventures.
According to a Forbes Advisor/OnePoll survey, 91 percent of Americans said inflation has negatively affected their travel plans. As a result, people are forced to travel less and cancel or postpone their existing vacation plans due to the increasing inflationary pressure on household budgets.
But before you write off the vacation entirely, here are 10 ways to cut travel costs.
5 HACKS FOR SAVING MONEY WHEN PLANNING YOUR VACATION
When you look at all the elements of a vacation, such as transportation, lodging, food, and activities, there are strategies to cut costs from each. Here are travel-saving hacks at the trip planning stage and ideas for responsible spending at your destination.
1. Use credit card apps and points
Free shopping apps, such as Fetch Rewards, are a way to earn gift cards with little effort to help reduce travel costs. Download the app to your Apple or Android device and scan your shopping receipts for points. Fetch users can earn points on retail, grocery and gas purchases.
Fetch app users can also easily earn points by referring friends and family. When they sign up with Fetch Rewards using your referral code, thousands of points will be added to both of your accounts. Additionally, reaching the minimum rewards balance allows Fetch users to redeem points for gift cards.
Travelers can use their points for gift cards such as Airbnb, Delta and Southwest airlines and Uber. Paying with a free gift card can help reduce these important travel expenses. Transportation can be added to and from the airport and around a vacation destination. Using gift cards to pay for your flight and Uber costs can save travelers hundreds of dollars.
Before making any travel arrangements, check the travel section in the Rewards tab of the Fetch app for gift card options.
2. Keep travel dates flexible
Travelers looking for a deal should be flexible with dates and times when searching. For example, early morning or red-eye flights are known to be less expensive, as well as weekday rather than weekend travel.
3. Search secretly and in the afternoon
People may not realize that websites track their searches. Many people have encountered a situation where they go to the same place to check ticket prices and the cost keeps increasing. It’s not just because ticket prices can change throughout the day. Websites also track these searches and deliberately raise prices to motivate people to book their tickets quickly.
The best way to avoid falling into this trap is to search in an incognito mode browser. Travel experts also say that it is better to look for tickets in the afternoon rather than in the morning.
4. Consider all types of accommodations
There have never been more accommodation options for travelers. Between standard hotels, Airbnbs, local vacation rental websites, time shares, and inns, there is a wide variety of price points to choose from.
5. Consider package deals
Some websites offer package deals such as flights, hotels and car rentals, which can be less expensive than booking everything individually. It’s worth pricing out different packages and comparing them when shopping. When you book, don’t forget to shop through apps that earn money, giving you back some of your spending.
5 MONEY SAVING HACKS WHILE TRAVELING
Once you’ve arrived at your destination, continue to apply responsible money habits to stay on budget. Careful spending can ensure you’re spending your dollars on what matters most to you on vacation, whether it’s dining at a specific restaurant, admission to a specific attraction, or taking a specific tour.
6. Use local SIM cards and WiFi
Unexpected roaming charges can cut into your travel budget if you’re traveling abroad. Instead of racking up international roaming charges, insert a local SIM card into your phone and pay local charges.
Also, many tourist attractions, restaurants, cafes, and even entire cities offer free WiFi. Take advantage of free options to check your email and text messages, but be careful when making purchases using a credit card because it may not be secure.
7. Don’t overpay for currency conversion
Travelers should avoid exchanging currency at airports and tourist areas where they may pay high exchange fees. Instead, download one of the free currency converter apps or check websites to track the exchange rate so you know how much you should pay.
8. Eat at restaurants only once a day
The cost of constantly eating out can add up quickly. Making meals at your premises can reduce travel costs, especially as a family. Food delivery services make it easy to get everything you need for breakfast, packed lunches or even light dinners.
Shopping at the local markets for fresh fruit, vegetables, bread, snacks and sweets is not only a way to explore the city and its local cuisine, it can also make for cheap meals.
9. Use public transport
Instead of paying for a rental car, Uber or taxi, ride local transit. Use public transport, be it the metro, bus or cable car, to move around the city. Not only will it cut your expenses, but you won’t have to stress about parking.
10. Look at the expenses of your activities
When visiting a city for the first time, many travelers like to see attractions such as museums, monuments and famous places. But many of them have an admission fee, which is the most expensive at the gate. Consider alternatives such as multi-day passes that allow tourists to pay one cost and enter multiple locations or Groupon offers.
Balancing paid attractions with free or low-cost activities will allow you to explore your destination while staying on budget.
THAT JOURNEY MAY BE CLOSER THAN YOU THINK
Using these 10 money-saving strategies when planning and enjoying your vacation can help people travel even during inflation. As a result, you may find that you’ve cut costs enough to make a trip possible or even afford another one this year.