Whether you’re looking to travel domestically or internationally, there are plenty of ways to save money on your trip. From finding the best deals on flights and accommodations to eating on a budget…a little forward planning goes a long way.
The new year is only a couple of months away! As we say goodbye to 2022 and all the challenges that came with it, many of us are looking forward to a fresh start in the new year.
And what better way to start 2023 than by planning a fun and affordable vacation?
We ourselves are planning a very exciting trip for March / April next year, and we cannot wait to pack our bags and jump on a plane! Any guesses where we might be going? 😉
Without further ado…
Here are our 3 Tips For Staying On Budget On Vacation:
1. Choose a Rental Home Instead of a Hotel
There are many reasons to consider vacation homes on the outer banks instead of an expensive hotel room. They offer more privacy, space and affordability, especially if you’re looking to stay in a seaside town.
Here are a few reasons to consider a vacation rental home on your next trip:
When you book a hotel room, you don’t have access to private amenities like you do with a vacation home.
In a vacation home, you have access to different features that can make your vacation more enjoyable like private pools or hot tubs and even media rooms which can be a great way to relax after a long day exploring or at the beach.
Another huge advantage of renting a home is that it gives you more space than a hotel room.
If you’re traveling with a large group of friends or family, they’ll all be able to sleep comfortably in one of the many bedrooms and enjoy sharing large living spaces together.
You can cook your own family meals together which is always an enjoyable experience as well as a cost saver!
2. Consider The Cost of Food and Activities
When budgeting for your vacation, consider the cost of food and activities.
You can cook or barbecue for yourselves, saving you money and allowing more flexibility with meal planning.
You can also enjoy spending time together on the grounds hanging out by the pool, playing games or getting together indoors to watch a movie or play boardgames.
Towns along the Outer Banks offer many affordable vacation homes that provide all the amenities you need for a comfortable stay.
There are also many free or low-cost activities available in these towns, so check them out to add some extra fun to your low cost family vacation.
3. Monitor Your Spending
Most people don’t plan out their spending while on vacation, but it’s important to be mindful of your budget.
Here are a few tips to help you keep track of your vacation spending:
- Keep a daily budget: Before you start your vacation, decide how much you’re willing to spend each day. It will help you stay on track and not overspend.
- Keep track of your receipts: It’s easy to lose track of your spending when you’re on vacation, so keep all of your receipts. It will help you stay organized and give you an overview of your expenditure.
- Use cash or debit: Using cash or debit instead of credit cards can help you stick to your budget, using the money you have on hand and avoiding adding interest charges to your purchases.
No matter which method you choose, the important thing is to be consistent with it. Sticking to the plan will help you avoid unnecessary debt when you return to the real world.
Whether you’re looking to get away from cold weather or spend quality time with friends and family, there are plenty of great destinations to choose from.
A New Years vacation is the perfect way to start 2023 no matter where you go!
If you’re on a budget, just remember to think ahead and perhaps choose a vacation rental home instead of a hotel to help you stick to your budget and kick off the new year on the right track.