“I am generally careful with money but when I go on vacation I like to live large.
Unfortunately, I end up spending more than I can really afford. Can you offer any tips for saving money without depriving myself of fun?”
You want to remember your vacation forever… but not because youʼre paying it off forever.
Nothing is better than a good vacation to recharge your batteries, broaden your experience and make beautiful memories. But automatically switching into extravagant mode “because hey, Iʼm on vacation,” is a big mistake. You can have just as fantastic a trip while remaining your frugal self.
Start with a dollar amount, not a destination.
When planning a vacation, I like to start with a number. Picking a budget before Iʼve even picked a place is surprisingly liberating. Setting strict economic boundaries will set you free—from agonizing over endless options (“Should I upgrade to an exit row seat?” “4- or 5-star hotel?” ad infinitum). By settling on $1,000, say, as your departure point, the decision-making process suddenly becomes more efficient, like with a dating website when you narrow your romantic options down to a specific age range and distance.
So you’ve picked a number—what next?
When attempting to get the best deals, it’s important to consider the trade-offs you’ll be making and the possible wear and tear on your body. If you become too fixated on cost savings, you might overlook the cost to your overall well-being. A grueling journey to and from your weekend retreat, with a 3-hour layover en route, may leave you exhausted for the entire trip. If you’re not a morning person, don’t book that 6 a.m. flight, however alluring the price. It may be worth paying an extra $50