Active Adult Living Financial Tips

Budget Friendly Travel Hacks

September 17, 2021 • Fenny Peiffer

Budget Friendly Travel Hacks

Whether you plan to travel for the holidays, or you’re daydreaming about a summer getaway, traveling in your 50’s and beyond is an exciting time for adventure. Maybe you’re an empty nester, or recently retired, but wherever you find yourself, now is the perfect time to pull out the map, and start setting some goals. While jet-setting to Tahiti, might be a little extravagant, there are a few savvy strategies to get you out and exploring the world, or maybe your home state that won’t exhaust your resources.

Take Advantage of Senior Discounts
Becoming eligible for senior discounts may not always feel like a privilege, but when it comes to scoring deals on travel, dining, and shopping, you might find your boomer status can really work in your favor. Beyond just getting the “early bird special”, Many airlines, hotels, and car rental agencies offer reduced rates, and incentives for those 55+, and if you’re a retired veteran, additional discounts may also apply.

Air Mileage Credit Cards
Earning flier miles on your regular purchases can be a great way to save for your next trip. Mileage earned is dependent on the card company, and airline but allows you to earn a certain number of miles for every dollar spent, and, or receive discounted rates on things like checked baggage, and car rentals. Many cards are airline-specific, with others offering rewards points, and frequent flier miles to use on the airline of your choice.

Go During Off-Season
During the height of tourist season when even snapping a quick photo is challenging, choosing a less popular time of year to travel can help you get the most out of your visit. Reservations are easier to make, and airfare and lodging are usually discounted when booked apart from major holidays, and weekends. Although the weather may not be optimal, and major events may or may not be taking place during your stay, it’s still a money-saving way to experience your dream destination, and beat the crowds.

Plan a Group Getaway
Booking a family vacation, or taking a girls trip? There are cost-saving benefits to traveling in numbers. From sharing the cost of lodging to splitting the gas on a road trip, group travel opens up opportunities to experience new places that might otherwise be too expensive if going solo. Many travel agencies discount group vacation packages, and major airlines will often offer special pricing for groups of 10 or more. With greater financial flexibility, the hardest part will be deciding where to go.

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