5 Tips for Planning a Family Vacation on a Budget

Vacations are important, but nearly half of Americans won't take one this year. With vacation goers planning to spend an average of $1,979 on their vacation, it's not surprising the most common reason people aren't getting away is that they can't afford it.1

Don't let costs keep your family from enjoying some well-deserved time off. When you're budgeting, put a little money each month into a savings account specifically earmarked for your getaway. Plus getting a credit card with rewards can help offset the cost of a flight or hotel stay by allowing you to redeem your points on flights, hotel rooms, gift cards, cash back, and more.

Make the most of your travel dollars with these strategies for planning your family vacation on a budget:

1. Consider a "staycation"

If you're looking to cut costs but still have a fun and memorable experience, a staycation is a great option. Plan it like you would any other vacation. Look up activities and events in your local area and create a fun itinerary. Reserve a table at that new restaurant in town you've wanted to try. If you're staying at home and taking day trips, make an effort to avoid your routine chores and fully embrace vacation mode.

2. Enjoy free activities

Just because it's free doesn't mean it's not fun. If you're traveling during warmer months, take advantage of the weather and get outside. Try a hike, take a walk on the beach, or pack a picnic and head to a local park. Search for other free activities in the area like live music, free walking tours, or admission-free days at museums.