4 Tips for a Budget-Friendly Plan B Getaway

Maybe you’d like to plan a vacation this summer, but you don’t exactly have several hundred or thousand dollars just laying around right now, not to mention other expenses like meals, souvenirs, and the like. Or perhaps you don’t want to spend your savings on a “non-essential” trip at the moment. Whatever the reason, a “Plan B” getaway can help keep your financial goals on track, and can still be just as fun as an extravagant vacation.

1. Don’t view the decision (or need) to opt for Plan B as a sign of financial failure; see it as setting yourself up for greater financial freedom in the future.

It can be disappointing to pass up your first idea for the perfect getaway, but try to see the positive side: by using wisdom and self-control in the present, you’re positioning your finances to be in the place where you can spend money on the things you enjoy without guilt or debt.

2. Look for frugal travel advice to maximize Plan B and to keep it under budget.

Sure, you’ll save money by not splurging on your first plan, but don’t fall into the mental money trap of anchor price comparison. Even if Plan B looks much cheaper than Plan A, you might end up going over-budget because you think you’re saving money. When you decide where your Plan B destination will take you, browse through Pinterest articles written by people who have visited the destination. Travel websites and blogs are another great resource, and can help you maximize your time and eliminate overly-touristy destinations too.

3. Take a road trip and skip the hotel.

Hotels can be a waste of money unless it’s absolutely necessary to stay overnight. Since you hardly spend any time in the room if you’re sightseeing, you probably won’t be taking advantage of all the amenities you paid for if you book at a nicer hotel. One possible exception is when the hotel is your destination. If that’s your main expenditure, then by all means, enjoy your luxury!

Day trips are another idea. It might mean getting up a little earlier, driving home a little later, and drinking a few extra espressos, but you’ll save money and be more motivated to fit in the most meaningful experiences you can.

Don’t think there’s anything interesting enough within a day’s journey of where you live? Check out your state’s tourism website and see if there’s something you might have missed.

4. Take to nature — it’s free.

Minus the fees you might need to pay for admission to a state or national park, nature is free and much more personal than a cookie-cutter tourist experience.

Planning a budget-friendly getaway means getting a little creative and doing a little research, but these very things could ultimately lead to an experience of a lifetime. In the end, it’s not how much you spend on a vacation that makes it’s great – it’s the memories you make.

Article Source: Jessica Sommerfield for moneyning.com

5 Money Saving Travel Apps

You’ve arrived at your destination, now what? Take advantage of having a smartphone and download these helpful travel apps!

WhatsApp – More than 1 billion people around the world use this calling and messaging service. The app is free, secure, and it allows you to interact with family and friends through voice or text without having to pay additional fees or charges. The app will run off your internet access, so as long as you have service – you can stay in touch with the important people in your life at no cost, no matter where you are.

Free Wi-Fi Finder – This app will help you find free Wi-Fi access in more than 50 countries around the world. Traveling is already so expensive, so why waste your data when you can use this free app to locate Wi-Fi, and connect on the go?

OpenTable – Using this app, you can make restaurant reservations at more than 33,000 establishments worldwide and also earn points which can later be converted into gift cards.

Hopper – Downloading this app can potentially save you 40% on your next flight. Just enter your preferred itinerary and wait to be notified. The app will search for deals and immediately inform you of the best time to book your trip.

Roomer – What if you make hotel reservations and your plans change? What if you can’t cancel and you’re stuck paying for a room you don’t need? Enter the Roomer app that connects those who have an empty (and paid for) hotel room, with travelers on the lookout for the best hotel rates. Just enter details on the room you’re trying to sell and the app promotes the room to travelers at a discounted price.

Happy, easy, and safe travels!

Article Source: Wendy Bignon for CUInsight.com

3 Tips for Saving Money While Traveling Abroad

The Doge's Palace and Cathedral of San Marco, Venice, Italy

Here are three tips on how to manage your money when traveling overseas, while still having an unforgettable journey.

Set a daily budget while planning your itinerary.

When traveling abroad it’s important to make the most out of your trip, especially if you are not there for much time. Everyone knows the value of having a game plan for things you want to do and see, but alongside that, it’s a good idea to set a daily budget. Consider how much you will spend on each meal, activity and attraction. If you do your research, you can find out ahead of time how much certain sites will cost you. This way, you’ll see what you can afford to do in advance.

Shop wisely for food and gifts.

Make a list before traveling of the items you want to purchase when on your trip. If you want to buy gifts for others, set an amount you are willing to spend on each person. Additionally, if you plan to buy drinks or snacks to keep with you or in your room, avoid purchasing them at busier sites such as train stations or near tourist attractions. Look for local markets or shopping marts, so you can buy things at a lower price and shop at stores where locals typically get their essentials.

Explore different means of transportation.

Sure, it may be quicker to hail a cab and be on your way, but first consider the cost. If you are in a city, check out their different forms of public transportation and compare the cost of each. Additionally, when going from city to city, you may find that if you take trains that make frequent stops, rather than a direct trip, it brings the cost down significantly. Therefore, although the cheaper way to travel may not always be the fastest, if you plan for the extra time, you’ll have more money in your pocket, and every little bit helps, especially when traveling abroad.

Planning to travel outside of the United States? First Financial offers Foreign Currency Exchange! Foreign currency exchange allows you to exchange our currency for another country’s currency when planning to travel abroad.* Give us a call at 732.312.1500, email info@firstffcu.com , or stop into any branch to learn more about foreign currency exchange today.

*You may purchase Currency Price Protection (CPP) for an additional $10.00 in order to protect the purchase rate of transaction. The protected dollar amount may vary based on selection of currency. There is also a purchase/shipping cost for $14.50 per transaction.

Article Source: Wendy Bignon for CUInsight.com