How to Budget on Vacation (2024)

It’s summer, which means vacation time is here and thriving! If you’ve started to budget for your vacation, you probably know that vacations are pretty expensive in general. We’re planning a trip ourselves, and I wanted to share a few tips on how to budget on vacation, because there are ways to cut costs and save in certain areas to be able to splurge for others!

So, pack your bags, and get ready to have fun AND save!

These are some pretty simple ways to budget effectively while on vacation, that anyone can implement, and that will allow for more spending money and more fun!

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How to Budget on Vacation

Eat in Your Room!

First, instead of eating out for every meal, grocery shop and keep groceries in your hotel room. This is a huge money saver! Avoid the grocery store and have groceries delivered to you with Amazon Prime Fresh Store (in select cities)!

How to Budget on Vacation (2)When creating your budget, it’s easy to forget that you need to eat while on vacation, leaving you to eat out the entire time you’re vacationing. Eating out for every meal, especially with kids, adds up really quick! If you plan on eating out, plan which meals you’ll splurge on and eat out for. This will help if you have a plan and don’t spontaneously decide on meals, which will ultimately cost more money.

Want to eat in your room, but don’t want to cook? Get your meals delivered by Amazon Prime Restaurants(in select cities). Restaurants you’ll love, delivered by Amazon!

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Pick a Cheaper Room

Next, you have to decide what you want from a hotel room. Often times, you spend the entire day out of your room exploring and sightseeing. So, is it really worth it to splurge hundreds on a hotel room that you’ll only be in to sleep? Probably not. If you plan on spending a good deal of time in your hotel room, especially if you decide to eat all your meals there, it might be worth it to get a nicer room. If not, get a cheaper (but still decent) room and save some of that money for your actual vacation budget.

Save Energy While You’re Gone

Another thing that often gets overlooked is things back home while they’re on vacation. For instance, if you normally have your AC blasting, turn it up while you’re gone so you’re not using as much electricity for the duration of your vacation. Make sure all lights are turned off in the house, doors are properly closed to avoid drafts of heat or cold air, and all unused electronics are off and unplugged. This doesn’t make a difference immediately for your vacation budget, but it will help your overall budget! A thermostat that can be controlled remotely is great for when you leave and forgot to turn things down!

Use Deal Sites to Save

You can also save by using deal sites. Sites like Booking.com, Groupon, and Living Social can save you a ton of money. Just enter the city you want to travel to, and browse around. Be sure to read the fine print for expirations and limitations.


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Follow these simple tips to cut costs in your budget, that way you can incorporate more fun in your vacation! After all, who doesn’t love extra spending money and fun?

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About Virginia

Hi there! My name is Virginia, and I am the author/owner of That Bald Chick. I am a Christian, wife, mother of three, full time homemaker, homeschooler, and ministry volunteer in addition to being a blogger. In my free time *cough* I enjoy reading, writing, taking walks with my family, and listening to music.

Reader Interactions

Comments

  1. How to Budget on Vacation (8)Robin (Masshole Mommy) says

    I never spend a lot of hotel rooms because like you said, we are only there to sleep!

  2. How to Budget on Vacation (9)Cyndi says

    Great tips, especially the hotel room. We’ve began getting hotels with kitchenettes when we travel, to avoid the high cost of eating out.

  3. How to Budget on Vacation (11)Debbie L. says

    Great post…if I don’t watch it vacation spending can get out of control. We always take snacks and eat at rest areas…the kids and I need to run free for a while. I always give the kids a $$ limit upfront for them to spend – that really helps keeping the “Can I have this?” to a minimum.

  4. How to Budget on Vacation (12)Tammy says

    When flying, I’ve found it, usually, cheaper to book directly with the airline. Whenever possible I fly SW. My brother & I have a timeshare, so in the long run (after it’s paid off) we’ll almost always have somewhere free or cheap to stay.

  5. How to Budget on Vacation (13)Kay Adeola says

    We always do our best to get the best prices On everything when traveling,I like to pack snack and drinks so the kiddies do not need us to grab food on the way as its always much more expensive.Great post.

  6. How to Budget on Vacation (14)Erica says

    Your first tip is a great one! I look for places with kitchenettes so that I can shop and cook some easy meals to save money!

  7. How to Budget on Vacation (15)Krystal says

    We are about to go on vacation now. It is so important to plan ahead!

  8. How to Budget on Vacation (16)Liz Mays says

    When we traveled as kids, we ate breakfast and lunch with our own supplies. For dinner we ate in restaurants. I’m sure it helped my parents’ budget immensely.

  9. How to Budget on Vacation (17)Kathy says

    Not eating out is a huge money saver! Great tips!

  10. How to Budget on Vacation (18)Jaime says

    We’re staying in a condo this summer, rather than a hotel, so we can cook most of our meals. We also like to buy tickets for places in advance, so that we can save some money (our credit union often offers discounts on various attractions!)

  11. How to Budget on Vacation (19)Krystyn says

    Thank you for the groupon reminder! I actually have a giftcard to there I need to use!!! I try to remember to change our AC before we head out, too!

  12. How to Budget on Vacation (21)Elizabeth says

    This is very helpful! I need to stay more in tune with my budget when on vacation!

  13. How to Budget on Vacation (22)Jenn says

    Thank you for sharing your budgeting tips! We are beginning our family vacation next week and I need all the budgeting help I can get!

  14. How to Budget on Vacation (23)Janell Poulette says

    I hope we can take a vacation this summer. These tips should help us save money.

  15. How to Budget on Vacation (24)MommaDJane says

    Great tips. Next week we are going to the beach and sharing a condo with some of our extended family members. We each plan to bring some groceries and prepare meals at the condo during our down time from swimming and fun. We should save a lot of money this way instead of eating out at restaurants, plus there is more time for the kids to play. Every time we leave our home we turn the AC up so it doesn’t keep the house too cool while gone and make sure all the lights are off.

  16. How to Budget on Vacation (25)Brett Martin says

    Great tips! I love the “not eating out” tips. Eating out sucks up soo much cash.

  17. How to Budget on Vacation (26)Carly Bellard says

    Thanks for the tips! We are heading off on a mini-vacation soon and these will come in handy!

  18. How to Budget on Vacation (27)Christie says

    We always stock up on bottled water at the store and buy snacks! HUGE money saving tips, thanks!

  19. How to Budget on Vacation (28)StacieinAtlanta says

    We always look for vacation or condo rental deals. It is often cheaper than a hotel, you have more room, and you have a working kitchen. That means you can make proper meals that satisfy everyone and save you money.

  20. How to Budget on Vacation (29)Tess says

    We are planning a road trip soon! These are helpful tips!

  21. How to Budget on Vacation (30)Melinda says

    i hate spending too much money on hotels. It’s such a huge money such

  22. How to Budget on Vacation (31)Veronica says

    vacations can certainly add up. to save and still have fun

  23. How to Budget on Vacation (32)Ann Bacciaglia says

    Great tips! I am travelling this summer and already thinking about how i am going to budget and save for my trip.

  24. How to Budget on Vacation (33)Angie says

    Love the tips! I love to travel and I’ve been doing it a lot more recently so I love all the travel tips I can get!

  25. How to Budget on Vacation (34)Ajackedpuppeach says

    Great tips! Traveling with kids is very hard and expensive. These are great tips. We try to find a place with a kitchen so we can prepare two meals per day.

  26. How to Budget on Vacation (35)Ashley M says

    These are great tips. Our family vacations always require extensive planning so that I can stretch our dollar as far as possible.

  27. How to Budget on Vacation (36)Lisa says

    These are great tips! We often forget about our favorite “local deal sites” when we are traveling!

  28. How to Budget on Vacation (37)Becca says

    Great tips! We always pack snacks and use deal sites to save money while vacationing.

  29. How to Budget on Vacation (38)Emily says

    We have to have a fridge in the hotel now. Especially with the kids!!

  30. How to Budget on Vacation (39)Cam says

    Great tips! We are in the process of planning our trip now. So much to consider, especially when traveling with our babies!

  31. How to Budget on Vacation (40)Debi says

    I do really well with my budget until vacation time. Then I seem to lose it.

How to Budget on Vacation (2024)

FAQs

What is a reasonable budget for a vacation? ›

Average Vacation Costs in 2024: Transportation, Entertainment, and Budgeting Tips. Quick Answer: In the U.S., a one-week vacation for a solo traveler costs about $1,984, while a family of four can cost around $7,936. Inflation is on the rise, affecting how Americans choose to spend their money.

How much does a 7 day vacation cost? ›

The average vacation cost for one person is around $1,986 for 1 week, according to BudgetYourTrip.com, but that number will vary depending on where you're traveling and what time of year you travel.

What is the 50 30 20 rule? ›

The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings. The savings category also includes money you will need to realize your future goals.

Is $5,000 dollars enough for a vacation? ›

On a $5,000 budget, you'll be able to spend a week at a nice all-inclusive resort while still having extra cash for airfare and day trips. Imagine waking up to the roar of the surf, snacking on a loaded buffet and heading out to snorkel or sail before returning for some R&R and evening festivities.

Is $100 a day enough for vacation? ›

Here's a list of things to consider: Calculate the number of days of your trip and multiply by $50–$100 per person. If you traveling independently (no meals included), estimate an additional $50–$75 per person per day for food and drink.

Is $500 enough for a trip? ›

Key takeaways. Despite high prices for airfare, hotels, and car rentals, it's possible to get away for under $500 a person. You don't need to sacrifice fun or good food. You just need to be more creative about where you find it.

Is $500 enough for a weekend trip? ›

A $500 travel budget isn't much, but for a mini vacation for the weekends, it's certainly doable. You can opt for experiences that are generally affordable.

How much per person per day for vacation? ›

For a typical trip within the U.S., people spend an average of about $581 and go away for about four nights (the cost of a domestic vacation was less than $500 back in 2005). Their travel costs per day are now about $144.

How much does a 1 week vacation cost? ›

The average cost of a one-week vacation in the U.S. for one person is $1,991. Many Americans, keeping in mind the cost of traveling, plan to take various measures to reduce how much they're spending on such expenses as travel and accommodations.

How many days is a good vacation? ›

Research says the ideal vacation length is 8 days. Here's what experts say.

How much is too much to pay for a vacation? ›

The 5-10% Rule

Many financial experts suggest spending between 5-10% of your annual income on vacations each year. If you're striving to meet any important financial goals, like paying off debt or saving for a home down payment, keeping this closer to 5% can help you reach those goals more quickly.

Why are vacations so expensive in 2024? ›

Inflation and unemployment are low, and consumer sentiment and curiosity are high, fueling an unprecedented interest in travel during the summer of 2024. “Bookings are rising,” says Susan Sherren, who runs Couture Trips, a travel agency. “Unfortunately, hotel, tour and air prices are not falling.

How much does a vacation cost for two people? ›

A one week trip to Los Angeles usually costs around $1,807 for one person and $3,614 for two people. This includes accommodation, food, local transportation, and sightseeing. A two week trip to Los Angeles on average costs around $3,614 for one person and $7,228 for two people.

How much money to take to Mexico for 2 weeks? ›

A two week trip to Mexico on average costs around $1,798 (MX$30,513) for one person and $3,596 (MX$61,027) for two people. This cost includes accommodation, food, local transportation, and sightseeing.

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