Friday, May 28, 2010

5 Easy Ways to Save Money While on Summer Vacation

Many of us love to travel during the summer and family vacations usually begin during the Memorial Day holiday. The work load is usually not as high, the kids are out of school, and airline companies compete for your business.

We all need to take time out to relax. The catch is how much will you have to spend to enjoy your summer vacation. Now is a great time to start looking for bargains on airfare, hotels and vacation spots. There are tons of sites available some good ones to use are kayak.com, travelocity.com, orbitz.com. Here are 5 ways to save money when planning for your summer vacation.

1. Comparison Shop. Shop around to find the best deals. Visit websites like hotwire.com, priceline.com, kayak.com or hotels.com to find cheap rates for hotel, airfare and cruises.

2. Don’t wait until the late minute. Plan in advance for vacations especially if you in debt, recently getting out of debt or live paycheck to paycheck. This way you can save enough money to go on vacation without using your credit card to pay for it.

3. Ask others. Talk to friends and neighbors about their current or past vacations and find out how they planned their vacation, i.e. ask about any discounts or sales they know about, inexpensive restaurants, shops, etc.

4. Move fast. When you see or hear about sales or discounts you have to move quickly to capitalize on the deal because they usually don't last long.

5. Reduce spending. Buy traveler's checks, they can quickly be replaced if lost. If you credit card is stolen you may not have another credit card available to purchase any necessities. Buy toiletries and other necessities before traveling. Take one credit card only for emergencies.

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