Spring Break is not just about forgetting everything that happened the night before. It can be about spending quality time with your family. Unlike in college—where money is actively wasted—spending spring break with your family is about saving money. And that means working with a real budget.
It Starts with Savings
One of the quickest ways to botch a family vacation is by not having a fixed amount of money to work with. For some of us, this goes without saying. For others, it bears repeating. By having a fixed amount of money in your savings account, you don’t have to worry about being caught with overestimating your non-travel fees. As we’ve detailed before, overdraft fees can be torturously expensive: going from under $20 dollars per overdraft in 2000 to $32 per overdraft in 2017. By having a proper savings account to cover big costs, you don’t ever have to tell your son or daughter they can’t have that warm, breaded funnel cake.
The app: PackPoint. This app creates a packing list for you that is tailored towards the weather conditions.
One of the benefits of being welcomed with open arms into the 21st century is that we’ve become pretty good innovators. Instead of overpaying on a hotel, Airbnb offers rooms in people’s houses that can cost as little as $10. Staying at someone’s home may not sound as appealing to someone with kids, but Airbnb isn’t the only solution. If you have family, finding or renting a house from someone you know can end up saving a lot. For example, the average US hotel rate for a night is $137. Over five days, that’s a minimum of $685.
The app: XE Currency. In addition to homes, and hotels, thinking about money means thinking about the cultural differences and what your dollar is worth in places that don’t take dollars. This app illuminates exchange rates for wherever you’re looking to go outside the US.
Get Your Trip Funded (Yes, there are Travel Grants)
This is more for students than a family but it’s worth mentioning for those students who want to be with family. The Sir Philip Reckitt Educational Trust is a registered charity involved in educational development that funds student—if you’re abroad—travel.
The app: Dayuse. This app gets you discounts on booking your hotels, allowing free cancellation, and paying directly at the hotel.
For everyone else, the best way to fund your trip beyond strict budgeting is to organize and plan ahead. Time is money, so depending on the places you’re looking to visit, book your tickets in advance. Not only are you more likely will you find discounts
For a FREE credit evaluation to make sure your credit can afford those spring break travel plans, call us at 210-520-0444 or visit us at our dynamic, welcoming offices at 6989 Alamo Downs Pkwy, San Antonio, TX 78238.