According to a 2013 American Express survey, the average family of four can expect to shell out over $4,500 for a big vacation -- a sum that can make even the coolest parents sweat. But what if you could turn that sticker shock into a family-wide exercise in responsible money management?
Learning about actual costs involved in the average family vacation can be an eye-opener for kids. By planning all or part of the trip, kids can gain an understanding of how to bargain hunt, budget and save money. Here are a few ideas to help involve the kids in family vacation planning.
On average, Americans 50 and over spend 31 percent more on travel related items than younger travelers. With that kind of spending, travel needs to be as perfect as possible. There are a few things travelers can do to ensure a smooth trip is enjoyed by everyone in the travel party.
I'm not a big believer in pre-planning every single detail -- sometimes the best vacation moments are spontaneous. But unless your rich uncle is paying for the trip, you'll need to do a certain amount of preparation or your budget will fly out the window.
Recent research indicates that most American workers report not using all the paid vacation days they are given. What is a frequent reason given? That people are too busy at work. I'm sorry, but isn't being too swamped at work the whole reason these vacation days are needed?
My husband and I have been to many warm destinations when the New York temps start to threaten frostbite. We've done the typical: Miami, California. We've done the cultural: Argentina, Brazil, Chile. But we had yet to do the tropical.
Airbnb has single-handedly disrupted the traditional model of short-term vacation rentals. The online service is the web's hottest peer-to-peer rental service, giving users the ability to virtually tour apartments and homes available for rent by actual owners.
My vacation was mostly great, but I made one mistake. My hope is that I catch you before you leave for your vacations and help you design them, so you maximize relaxing and having fun with your loved ones. This is an important area of life.
With the economy turning around, many families are cautiously dipping their toes in the travel pool once again. Hotel occupancy rates have risen in many areas and airports are as crowded as ever. Here are a few budgeting tips if you're planning a trip.