Families are finding it harder and harder to uncover ways to take vacations and make memories without breaking the bank. There are a number of tips and tricks to help our members take the financial stress out of planning vacations. Doing research, traveling light, and utilizing what your Credit Union offers are just a few ways to start making memories and saving money along the way, so let’s get started.
Doing research for a vacation is a good place to begin. The average family spends up to 44% of their vacation budget on travel expenses alone. Using websites that compare flights and booking early is essential for securing the best deal for you and your family. Another way to cut cost is to pack light; an overweight bag at an airport can cost anywhere from $30 - $100. In addition, sticking strictly to a carry-on bag can save you money on checked baggage.
While getting to your destination can be expensive, securing transportation once you arrive does not have to be. If you plan to rent a car while on vacation, try to avoid companies within the airport as they tend to charge more for a rental car versus companies outside of the airport. Many hotels have complimentary shuttles for their customers, but Uber and Lyft are also a great way to get around in new places at a reasonable cost. Utilizing the local transit systems such as buses, trains, subways, and bike rentals can be a big cost savings as well. Of course, taking a scenic walk to see the sights is not only free, but also a healthy step to an enjoyable vacation.
Hotels are convenient but can be more expensive than a short-term rental such as Airbnb or Vrbo. Rentals can be anywhere from a studio apartment in a busy city to a secluded seven-bedroom cabin in the hills to spend time with family or friends. If you are traveling with a larger group, it can be cost effective and allow you to spend time together doing the things you love. Depending on the rental they may include a private yard, hot tub, pool and/or a grill. These amenities allow for more entertainment options, which are included in the cost. It also makes it easier to save money on food by utilizing local markets or grocers and cooking at your rental, instead of relying solely on restaurants.
Comparing prices and looking for the best deals can be a good way to save money on vacation, but another way to maximize your travel budget is by utilizing a low interest Credit Card. Dakotaland’s VISA® Credit Card is a great way to save on big ticket items, with our 1% cash back on all purchases. With no annual fee and an interest rate as low as 9.90% apr, you can vacation worry free with the no cost travel accident insurance feature on your Dakotaland VISA®. In addition, our credit card offers a Scorecard Rewards Program which allows you to earn points for every net dollar spent on purchases to redeem for travel, merchandise, car rentals, hotels and more. If a credit card isn’t how you want to finance your vacation, Dakotaland also offers personal and life event loans that can be used for any number of your trip or travel needs and allows for a customized loan re-payment schedule.
Vacations are a wonderful way to spend time with family and friends. Dakotaland is here help keep your travel plans fun and affordable, no matter how big or small. What are you waiting for? Reach out to one of our convenient local branch locations and let’s make some memories.
