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Approaches to Travel Budgeting

ockaners 31 14 June 30, 2016 at 04:23 PM in Travel
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I've never taken many vacations (I tend to prioritize work, and when off, family hangouts) so I am wondering - how do you guys budget for vacations?

Do you track certain dates for the year to travel? How do you balance the trips so expenses are manageable (ie, rotate local and international every other year)?

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#2
It really comes down to what you like or want to do. Where do you want to travel? How much is your budget? How much time do you have to take a vacation? There's really a lot of variables and everyone's situation is different.

Besides the logistics, you should take a vacation if you can. A break from working does wonders for your physical and mental capacity.
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#3
I still collect hotel points since they come in handy when we need to check in for just one night but I've shifted mostly to cashback rewards. I have 5,3 and 2 percent CB rewards cards that I rake in all CBs as much as I can and all those funds are put in our travel bucket. Then I take advantage of mistake fares or search for vacation packages and pay with my CB earnings.
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#4
Quote from mamabear209 View Post :
I still collect hotel points since they come in handy when we need to check in for just one night but I've shifted mostly to cashback rewards. I have 5,3 and 2 percent CB rewards cards that I rake in all CBs as much as I can and all those funds are put in our travel bucket. Then I take advantage of mistake fares or search for vacation packages and pay with my CB earnings.
What basic cards give you more points for travel? Hotel,etc...
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#5
Quote from SuperGummy View Post :
What basic cards give you more points for travel? Hotel,etc...
First, I suggest you determine the airline that you'll use more often. For us, it is AA and UA so I have CCs for those cards. For hotels, I keep my Chase iHG because the $49 AF is well worth the free anniversary night. The same with Marriott. I also have Hilton points and accumulate them mostly from mfr spend techniques. I gave up my Hyatt CC because most places we like to go, there isn't one; we used it once for all inclusive package in MX and got the best value for four nights from sign up bonus.

Due to successive devaluations made by airlines and hotels, I switched to earning CBs and just pay with cash while finding the best deals online and referrals from other travel hackers.
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#6
My neighbor saves all of her change and one dollar bills and puts them into a jar. 12 months later she has accumulated several thousand dollars that she uses to fund her vacation.
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#7
If you can take time off at any time, it's easier to find a bargain. We're teachers and are locked into summer and school breaks -- which tend to be more expensive times to travel. Finding bargains during shoulder season will get you better rates than high season. Cruises can be a real bargain if you are driving distance from a cruise port -- they are inclusive of lodging, transportation, and meals -- and can be fairly cheap if you can book last minute and go. Lots of the airlines and many travel agencies offer vacation packages which can include air, lodging, rental car, meals at package rates. We've booked a couple of trips through SkyAuction -- but do read the fine print very carefully if you go that route. VRBO has home and apartment rentals if you want to put together your own trip. I subscribe to Travelzoo's weekly email. I've seen some pretty good looking trips advertised.
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#8
If the fact that you’re traveling is more important than where and how then your travel budget is based on the money you actually have. Select the off season because in off season travelling is cheaper than peak season.
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