How to Vacation Without Breaking the Bank

How To Vacation
Without Breaking The Bank

When you’re on vacation, do you enjoy the perks of a five-star hotel? Or do you spend most of your time sampling the best street food your destination has to offer? Maybe you prefer a low-key staycation. No matter your vacation style, there are ways to plan a vacation while sticking to your budget. Take our quiz to find out your vacation personality and how you can maximize your funds however you like to relax.

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Question 1 of 5

Your Vacation Personality

You’re planning a trip. Where are you going?

A.

Going to my family’s cabin on the lake. Nature puts me at ease.

B.

I have to just pick one spot? I’m road-tripping up the coast.

C.

Splurging on a fancy hotel room to take on a big city in style.

D.

Staying home and getting back to some hobbies I’ve been putting off.

Tip: When planning your vacation, there are a few hacks that could help you save on lodging. Bundling your flight and hotel is one way to potentially save.¹ Being flexible and comparing rates between hotels, vacation rentals, and hostels can also help you cash in on savings, depending on your vacation goals.

Next Question

How long is your vacation?

A.

About a week should be enough to clear my mind.

B.

Haven’t decided. I’ll book my trip home when I get bored.

C.

Two weeks so I can fit in everything on my agenda.

D.

A long weekend sounds relaxing.

Tip: Although shorter vacations will typically be less expensive, there are still ways to save on a longer trip. On international trips, consider places where the currency exchange is in your favor. Being flexible with your travel dates and using public transportation instead of taxis or rideshares at your destination are two other tricks that can also help rack up savings.²

Next Question

What’s the food situation on your vacation?

A.

Heading to the grocery store — I’ll be cooking my favorite meals.

B.

Hitting up local food trucks to try some cuisine I’ve never had before.

C.

Indulging in at least one tasting menu at a Michelin-starred restaurant.

D.

Ordering delivery from the comfort of my couch.

Tip: The cost of food can add up. To help save on vacation, consider staying somewhere with a free breakfast option or ordering to go to help avoid the temptation of appetizers and drinks. Also, because dinner menus are often more expensive, consider booking a reservation for an upscale lunch and doing something more low maintenance for dinner.³

Next Question

Which activities do you like to do on vacation?

A.

Check out some of the popular tourist attractions.

B.

Skydiving, bungee jumping, or anything else that gets my adrenaline pumping.

C.

Spa treatments, theater, sporting events. Nothing is off limits.

D.

I’ve been itching to check out the local museums I don’t normally get to.

Tip: Depending on how packed your itinerary is, an activity-filled vacation can put a dent in your bank account. To help save, consider looking up free things to do wherever you’re going. If you prefer an ocean view on vacation, consider an all-inclusive resort or cruise to bundle your activities into the total cost of your booking.⁴

Next Question

Are you bringing anything back with you?

A.

A couple of souvenirs for my family.

B.

I’m already thinking about a plane ticket for my next trip.

C.

Getting gifts for myself, my family, and my friends.

D.

I already have everything I need.

See My Personality

Drama-Free Vacationer

You don’t need anything fancy to have fun on vacation. A simple, relaxing time away from the daily grind of everyday life is enough for you to unwind. To help you get the most out of your time off, consider a personal loan so you can vacation how you imagine.

START OVER

Thrill Seeker

For you, making memories is all about new experiences. You’re always looking for a new destination to visit, new activities to try, and new food to eat. So, what are you waiting for? A personal loan could be the ticket to funding your next adventure.

START OVER

Memory Maker

You enjoy the finer things in life, and there’s nothing wrong with that. Whether it’s a fine-dining experience, splurging on a spa day, or enjoying the views from your five-star hotel, your vacation is bound to be full of luxurious moments. Consider applying for a personal loan, which could help provide that extra comfort you need to travel in style.

START OVER

Staycationer

Your favorite place to be? Home. Indulging in some delivery or taking time to explore your local surroundings sounds to you like a perfect way to let go of stress. Consider applying for a personal loan to help fund your next adventure, whatever it may be.

START OVER

Unlock the Possibilities

See what the possibilities are with no obligation or impact to your credit score.
Check your loan options now.

Sources:

1 “Use these insider travel tips to save hundreds on your next vacation,” November 1, 2021, CNBC

2 “We asked 14 travel experts to share their No. 1 tip for saving money when they’re on vacation,” Oct. 16, 2019, Business Insider

3 “The Best Vacation Food Ideas to Save you More Money,” Oct. 16, 2021, TrueMoneySaver.com

4 “12 Simple Ways to Save on Your Summer Vacation,” Feb. 17, 2020,” MoneyTalksNews

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