woman reading travel mag(Guest post by Janine)

Travelling together can be very stressful when it comes to handling money. Here’s some go-to tips for couples traveling this summer on a budget. Don’t let your wallet or the heat hold you back!

1. Be Smart When Shopping

Some couples, when they are out traveling, fall under the spell of souvenir shops. Should you enter one of these establishments, you need to be strong about your funds. Do you really need to use your Aeroplan credit cards to get a snow globe to commemorate your trip? Do you need a stuffed animal with the name of the destination sewn on its stomach? While it’s fine to get a few things, you should think about how much space you have on the car or plane, and what will happen once you get home. If you think the items will simply get thrown into a closet, you are wasting your money and time.

2. Don’t Wait

There are certain times of the year, such as summer, when waiting until the last minute to make any bookings is a poor decision. The more people that are going on vacation or simply taking a trip, the less likely it is that there will be a lot to choose from when it comes to what you want. The moment you decide what your travel destination is going to be, quickly choose your accommodations. If you don’t, chances are you won’t get what you want. In addition to this, you may also have to pay more, ruining your budget. This isn’t to say you should choose something two hours after reaching a decision; however, two months later isn’t something to attempt.

3. Look for Special Packages

In order to encourage more people to come to their park or other establishment, some companies will offer special packages. These special packages might offer a discount on hotel stay, airplane fare, dining options and so on. Instead of staying for a few days, it could end up cheaper to stay for a whole week, or the other way around. In the end, it really comes down to your preferences and budget.

4. Drive

Many people believe they should always fly when they want to get some traveling done. What they may not realize is that flying is probably the most expensive option they could have chosen. In a number of cases, driving to the destination is much cheaper. On top of this, you and your special somebody can take in the local culture and see the sights as you go down the road. This can prove a lot more meaningful and memorable than sitting in a plane.

5. Be Flexible With Plans

Is it absolutely necessary that you go on your trip during a specific week or month during the year? Are you open to changing these plans? There are certain times during the year when your couple’s vacation destination will prove cheaper. This might be because fewer people are coming to visit, and the lessening in demand allows for the lowering of prices. If you are willing to change around your vacation date, you could end up saving a significant amount of money. The fewer crowds also allow for a more romantic and private atmosphere. This should be kept in mind.

Happy travels!

———–
Janine is a frugal traveler who has ventured to many parts of the world with her hubby, including Europe
and Asia.

Photo by Duncan~

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

Couples Finance

Blogs You Should Read

Companies Supporting The DINKS

Please consider visiting our gracious supporters:

Get an education with the Online Certificate Programs at Washington Tech