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Building a Good Vacation Budget Planner: 5 Costs to Avoid

Did you know the U.S. has an average of 11 paid vacation days

If you ever find yourself in a position where you want to take a vacation, but you don’t know where to start, don’t worry. Planning a trip can be a lot easier than most people think.

You might be surprised how many cost-saving tips are out there that you haven’t heard about. In this article, we’ll go over how to plan a good vacation budget planner so you can enjoy your vacation and not worry about the costs.

Read on!

1. Unnecessary Souvenirs

When building a good vacation budget planner, avoiding unnecessary souvenirs can save you a lot of money. Souvenirs are often overpriced and of low quality. The souvenirs you purchase will often be forgotten when you return home.

Instead, opt for a few pictures or videos to remember your awesome vacation. Additionally, look for more meaningful souvenirs, such as a piece of wall art or a local product you can bring back. 

2. Bank Fees

Creating a good travel budget plan for your vacation is a great way to ensure that your hard-earned money will be spent properly and appropriately. When making your plan, there are basic costs that you should avoid, including bank fees.

These include account maintenance, foreign transaction, or ATM fees. Bank fees are significant to consider if you plan to use foreign cards or travel to foreign locations, as these fees can add up quickly. To avoid these fees, research different banks and choose one with no or minimal costs.

3. Rental Costs

Depending on the vacation, rental costs can range from small to very expensive. If not properly planned for or researched, rental costs can allow any budget out of the water. Weigh before you cancel your timeshare contract to avoid expensive destination rentals.

When researching rental costs, don’t neglect to check hidden fees, initial deposits, and additional charges. The little things can often make the biggest difference in the long run. Ensure you read the rental agreement carefully and ask questions if anything is unclear before signing.

4. Airline Fees

One of the most important items to consider when planning a vacation budget is airline fees. Fuel surcharges, taxes, baggage fees, and change fees can add up and take a big chunk of your vacation budget. It is important to ensure you understand the costs associated with your airline to create a good vacation budget plan.

To save money, take direct flights whenever possible and pack lightly to avoid paying for checked luggage. Consider using a rewards program or travel credit card with a rewards points system for additional savings.

5. Fine Dining

One significant cost to avoid is fine dining. Dining out on vacation can quickly add to the rest of your vacation budget. Not only is this an unnecessary expense, but it is also possible to experience great local food without spending a fortune.

Consider dining on food from local markets or cheap eateries in the area, as that can offer just as much flavor. Additionally, try new and healthier food habits, which can be a great way to explore a different culture.

Making a Vacation Budget Planner

Building a good vacation budget is key to having an enjoyable trip. Remember to research, compare different prices, and plan to save money! Create a vacation budget planner that allows you to have fun without going over budget. 

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