Skip to Main Content

Start Of Main Content

5 tips to plan for an affordable vacation

Setting goals and planning early are key when looking to take family vacations on a budget.

January brings fresh plans for the upcoming new year, and for many people that includes thinking about taking a vacation. Put a little time into planning early and you’ll reap the rewards—whether they’re from a beach or the top of a mountain.

  1. Create a budget for your vacation.

    Use a budget that includes both big and small items related to the trip, like your travel method(s), various accommodations and daily food costs. Also include the costs for attractions like museums or amusement parks, as well as related souvenirs. Don’t forget incidentals like parking, house- and pet-sitters, and a vacation emergency fund. As a bonus, many metropolitan areas offer multiple-attraction tickets for a lower overall cost.

  2. Include travel in your budget.

    Create a “vacation” line item in your household budget for both short- and long-term travel. This year, you might simply have a long weekend planned one state over; but, two years from now you might want to embark on a dream vacation to a foreign country. Either way, the more you plan and start saving a little today the more able you’ll be to afford the trips you want to take later.

  3. Pick specific travel goals.

    Start a list of five simple, inexpensive trips that are within your budget and five “dream big” trips, as well as an ideal timeline for each (e.g., in six months, two years, etc.). Being really specific with your plans will help you create an appropriate savings goal and budget adjustments.

  4. Plan well in advance of when you want to travel.

    Whether you’re driving or flying, planning well in advance of the trip can help you trim a vacation budget. Take airfare, for example. Most experts agree that between seven and eight weeks before you travel is the ideal window for finding the best fare.Footnote Reference[1] When it comes to holiday travel, flights booked for Christmas will only begin to rise after the first week in October.Footnote Reference[2] And, if you’re flying, use an online price aggregator that allows you to see flexibility both in location and date. For example, flying on the Wednesday before Thanksgiving could cost more than flying on the Saturday before. And, sign up for email alerts and price watches so you can track the change in cost for flights, too.

    If you’re not flying, planning early for a driving vacation allows you more time to find budget-friendly accommodations. You can also try planning your trip for the optimal season based on weather and popularity, and avoid travel days that may see a hike in pricing.

  5. Create safe vacation habits.

    Make sure that a neighbor, family member or friend checks in on your home, and arrange to have your mail held at the post office and any newspaper subscriptions paused. Set a few lights to timers, too, so that the house doesn’t appear vacant. Consider waiting to post the vacation photos on social media until after you’ve returned.

If you’re driving, have your vehicle serviced and pack an emergency kit, including safety signals, water, and blankets. If you’re flying, be sure to pass along your flight details to family or friends. If you’re traveling international, leave copies of passports and itineraries with the same trusted people in case of an emergency.

Return to Footnote Reference[1]

Return to Footnote Reference[2]

The information in this article was obtained from various sources not associated with State Farm® (including State Farm Mutual Automobile Insurance Company and its subsidiaries and affiliates). While we believe it to be reliable and accurate, we do not warrant the accuracy or reliability of the information. State Farm is not responsible for, and does not endorse or approve, either implicitly or explicitly, the content of any third party sites that might be hyperlinked from this page. The information is not intended to replace manuals, instructions or information provided by a manufacturer or the advice of a qualified professional, or to affect coverage under any applicable insurance policy. These suggestions are not a complete list of every loss control measure. State Farm makes no guarantees of results from use of this information.

Also Important

Avoid These Big Mistakes of Auto Insurance Applications

Avoid These Big Mistakes of Auto Insurance Applications

Car insurance applications can be confusing. State Farm presents the most common mistakes people make on an application for car insurance & how to avoid them.

Save or Shred? When You Should Keep Financial Documents

Save or Shred? When You Should Keep Financial Documents

When it comes to tax and important documentation, knowing whether to keep it or shred it is important. We’ve compiled information to help you with this important task.

Related Articles

Travel Tips for Spring Break Trips

Travel Tips for Spring Break Trips

Brush up on your travel smarts before your next getaway.

Year-end Personal Finance Tips

Year-end Personal Finance Tips

Reviewing your finances at the end of the year can save you money now and into the future.

Preparing for an Apartment Credit Check

Preparing for an Apartment Credit Check

Before a landlord pulls your credit report, review it for potential errors or reported debts that can be paid to better your score.