The Best Ways to Economize on your Vacation

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About The Best Ways to Economize on your Vacation

We all need some time away to wind down after the stress of work and the other commitments we have in today’s hectic lifestyle. Whether you’re planning a weekend away or a two-week vacation, there are many ways to economize on the money you spend.

We’ve gathered together our top tips for saving hundreds of dollars. With the help of an online money magazine like or alone, you’ll definitely be able to think of many more.

Timing & Location

There’s no doubt that it’s much cheaper to travel while kids are still in school. If you haven’t got any children, you should avoid booking a vacation in the summer break.

You can also make considerable savings if you travel in the off season. This requires some research as it depends on your destination. If the place you’re going to doesn’t cater for tourists then, why not go in the ‘shoulder season’? This refers to the period just before or after the peak season. The other benefit is that it’ll be less crowded.

Cheaper Fares

Apart from the considerable discounts you can get by belonging to an airline’s frequent flyer program, you should also think about when you book. Booking in advance can save you lots of money. Also, last-minute bookings – for both flights and cruises – can be much cheaper as long as you don’t have your heart set on a specific destination.

You should also be flexible about the times of flights. Traveling mid-week, taking the red-eye and/or not flying direct can all cut the cost of air fares.

Once in your vacation destination, look online for bargain car rentals. For many city breaks especially in Europe and Australia, public transport is regular, clean, safe and well-maintained. Buying a pass for travel in or outside the city will not only save you money but also allow you to interact with the locals and see sights which you would have otherwise missed because of your concentration on unfamiliar roads.

Accommodation & Food

Think about how important it is for you to have all the amenities of a luxury hotel while on vacation. If you prefer the convenience of a hotel stay, do some online research, book with the hotel directly and look out for seasonal/group discounts and hotel chain loyalty programs.

Alternatives to booking a hotel room include renting a furnished apartment directly from the owners, house-sitting, house swaps or staying at guest houses or hostels.

The benefit of renting an apartment is that it allows you to do a lot of the cooking and save money on restaurant bills. Buying food from street vendors, having a picnic and/or dining at small family-run eateries will also help you economize.


Apart from downloading self-guided tour apps, many city destinations organize free walking tours of the city. Although you’re expected to tip at the end, it’s still cheaper than being charged per person. Many attractions also allow you to pre-book online and save a great deal on entrance fees.

Do your research beforehand. In many places, you’ll be able to find a host of free places and activities including trips to parks, botanic gardens, street or village festivals, open-air concerts and/or trips to places of local beauty.

Your time away shouldn’t leave you in debt. The action your creditors can take can be enough to destroy the buzz you got from taking time off. By following a few of the above guidelines, you’ll be able to save a fortune.

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