Looking to whisk your kids away on the adventure of a lifetime? We get it, that can be a bit overwhelming, with the extra details and costs that come along with family trips. But fear not! With a bit of early planning and a carefully crafted budget, you can arrange a wonderful vacation that will not drain your pockets. Check out these money-saving tips to help turn those travel dreams into long-lasting family memories.
Set a Budget
If you are aiming to travel affordably, start by creating a detailed budget that includes all expected expenses—transportation, accommodation, meals, activities, souvenirs, and of course, a portion set aside for emergencies just in case. This big-picture view will help guide your financial choices, keeping overspending in check and allowing you to make the most of your trip within your budget.
Once you lay out your budget, creating a savings plans with specific milestones to keep you on track to meeting your travel needs. An easy way to do this is by setting up automatic transfers to your savings account or a dedicated travel fund, making it easier to consistently set aside money without having to think about it. Need a guide to start your budget and savings plan? Check out our budgeting templates and financial tools in Online Banking.
Search for Deals
Once you start planning your trip, take advantage of your travel rewards programs, credit card points and loyalty programs. And though it may take time, look up discount codes, coupons, family packages, group rates and promotions when booking accommodations, flights and attractions — it literally pays to comparison shop.
Another way to save is to take advantage of off-peak seasons or schedule trips during weekdays when prices are often lower. Avoiding popular travel periods can help you secure better deals on flights, accommodations and attractions. Plus, you will be able to you avoid crowds and enjoy a more relaxed experience at your destination.
Transportation
When planning transportation, take into account the size and specific needs of your family, then compare options to decide if flying, driving, taking a train or using a bus is most suitable and affordable. If you plan to fly, research the best times to book flights for family discounts and pick an airline with free or discounted child fares and family-friendly policies. Planning ahead and choosing the right mode of transportation can make a big difference in comfort, convenience and overall travel costs for your family.
Accommodations
When choosing accommodations, you want to find the right balance of comfort and cost for your family. Hotels and vacation rentals each have their advantages. Hotels often come with amenities like pools, housekeeping and concierge services, while vacation rentals offer more space, kitchen facilities and a homier atmosphere. For budget-friendly, family-focused options, consider looking for discount codes, loyalty programs or family packages. Alternative accommodations like hostels with family rooms, home exchanges or extended-stay options can also be cost-effective.
Dining and Food Costs
Eating out, especially with a family, can add up quickly. If you want to save on food costs, opting for accommodations with kitchen facilities can save you hundreds. If you want to dine out, look for family-friendly restaurants that offer meal deals or kids-eat-free. And on travel days, consider packing snacks and light meals to cut down on food expenses.
Activities and Entertainment
To save on family activities, look for free or low-cost options like local parks, beaches and museums that offer family discounts or free-admission days. City passes are also great for access to multiple attractions, such as museums and zoos, at a discounted rate. If you are planning a trip to a large theme park, book ahead and explore family packages that can help reduce costs.
Child Needs
Traveling with little ones? Pack efficiently to avoid extra luggage fees, prioritizing only the essentials your children will need for the trip. Decide whether it is more practical to bring or rent larger items like strollers, car seats and other child gear, as rentals at your destination may save on space and hassle. Another cost-saving tip is to buy bulky items like diapers or wipes once you arrive at your destination, reducing the load you need to carry and potentially avoiding checked baggage fees.
Make Memories on Any Budget
Planning a trip can often feel overwhelming and costly. However, it is important to remember that the most cherished travel memories often come from simple moments of connection with loved ones, and these can be created on any budget. To help alleviate some of the stress associated with vacation planning, consider the travel benefits1 offered by the SESLOC Visa Signature Rewards credit card. From concierge services2 that assist with travel arrangements, to emergency roadside and travel assistance, and auto collision coverage for rental cars, this card provides peace of mind, ensuring you are well taken care of during your travels.
