ApplicationsCalculatorsAbout UsRatesMembershipFAQ'sHomeEmployment
Site Search:       Friday, February 4, 2011
Savings Accounts
Regular Share
Silver Share Certificates
Holiday Savings
ATM Card
Youth Programs
Senior Programs
Star Program
Money Savvy Articles
Retirement Articles
Account Agreement Disclosure


Research, Plan, and Budget for That Special Vacation

Judy Dahl



Sun, sand, sea, no sound but the cry of the gulls--that's a vacation paradise to some. Others might say, "Where are the cool stores, the movie theaters, the array of restaurants?" There are myriad ways to vacation, so to make the best use of your precious time and dollars, understand what you want and plan ahead.

What's your budget?

To start, "Decide what you can afford to spend for the entire trip, and per day," recommends Maggie Blehert, a spokesperson for Carlson Wagonlit Travel Associates, based in Minneapolis. This will give you realistic parameters for planning your vacation.

What do you want to do?

Next, and most important, says Blehert, "Figure out what you want from the vacation. Is it total relaxation? Intense sightseeing? Adventure? Something else?" Make a list of all the elements you--and those you're traveling with--consider essential for a successful trip.

Where do you want to go?

Once you understand everyone's expectations, research likely destinations. "Ask friends for recommendations, but don't consider them the final word, especially if there's a place you especially want to go," Blehert says.

You can do your own online research--today's powerful search engines make it easy. Use Google, Yahoo, or similar Web browsers to search destinations or key words like "hiking" to get an idea of what's available.

"There's so much information online that you can almost experience your destination before you get there," says Katie Deines, leisure-travel expert at Expedia.com, Bellevue, Wash. Tripadvisor has travelers' opinions on destinations, hotels, and restaurants; Citysearch is a good site too.

For help financing that special vacation, contact the credit union today.

And travel sites like Expedia, Travelocity and Orbitz display travel information from numerous vendors--including flights, hotels, car rentals, cruises--all in one place, speeding your search. They often offer special deals and vacation packages that could expand your affordable options.

"Don't be intimidated if you don't know exactly what you want," advises Deines. "Go to a reputable Web site and give it a go--you'll stumble on something that inspires you."

You may consider consulting a professional travel agent--it could save significant time. If you do, make sure the agent is reputable. "Ask your friends for recommendations, and research how long the agency's been in business," says Blehert. "Many agents have become niche experts for particular destinations or types of trips. If you don't get what you're looking for from one agent, definitely shop around."

Keep costs down

After identifying your top destination and travel arrangement options, list all the costs you'd incur (see the vacation budget checklist sidebar for tips) and make sure the trip fits your budget. By making some adjustments, you may be able to decrease costs.

Most important, figure out what you want from the vacation.

"Think of your big 'must haves,' " Blehert says. "If there's a spa you really want to use, but it's more expensive than you thought, think of ways to balance it out. Set a smaller shopping budget, shorten a day trip--even shorten your whole trip by a day or two--or find a less expensive hotel."

Booking your flight and hotel together as a package also can be a money saver. "Expedia.com customers who do so save an average of $220 on their trips," says Deines. "And if your dates are flexible, you can take advantage of online booking tools--Expedia has airfare and hotel rate calendars that show the cheapest rates in a given two-month period."

She notes that airlines typically release fare sales on Tuesdays, and the major airlines usually match each others' prices. "So, Tuesday afternoons and evenings are great times to check airfares."

And while it's generally better to buy airline tickets as far in advance as possible, at least two weeks ahead, it is possible to find last-minute deals if you have that flexibility. "However, there's no guarantee you'll get your preferred dates," says Blehert.

All-inclusive resorts and cruises, where accommodations and meals are part of the package, often are less expensive than booking separately, and you'll know your exact costs in advance. However, cautions Blehert, "Packages vary widely in terms of what's included. When you check in at your resort or cruise ship, review the policies carefully; often certain 'specialty restaurants' aren't included."

There's so much information online that you can almost experience your destination before you get there.

Other cost-cutting tips include: Avoid peak travel times--summer and holidays�because airfares and hotel rates generally are at a premium then. If you have a rental car, you can drive and stay at a hotel outside an urban center where hotel rates often are lower. Hotels that cater to business travelers often are underbooked on weekends and offer discounts, so check those rates. When you book any travel arrangements, read the fine print and avoid hidden costs. Most travel agencies and online travel services include airfare and/or hotel taxes and fees in the total price you agree to, but be sure to ask. Be aware of extra charges, like fees for hotel telephone or Internet use, or inflated minibar prices. "And don't try to pack in more than your budget allows," says Blehert. "If you overspend early in the trip you'll end up skimping at the end, and you won't get as much out of the vacation." If you budget and plan right--and stick to the plan--chances are you'll have the vacation you've dreamed of, whether it's relaxing on the beach or shopping in the big city.

Booking your flight and hotel together as a package also can be a money saver.

Vacation budget checklist

When estimating your vacation costs, consider these items: Airfare Transportation to and from the airport Accommodations Rental car and gasoline Tolls Meals and snacks Tips Phone and/or Internet costs Entertainment costs Souvenirs and gifts Any needed new clothes New luggage Passports and photos Camera supplies and photo development Medications Toiletries Pet-care expenses

Other travel tips

Before you travel, be sure to include regulations and potential emergencies in your planning. Here are some important ones to think about: New passport requirements Required immunizations for foreign travel Optional trip insurance that covers trip cancellations or delays, or some medical emergencies

Resource links

Tripadvisor includes actual travelers' reviews of destinations, hotels, and restaurants.

Citysearch provides guides to U.S. and international cities, from shopping to restaurants to clubs.

When you book any travel arrangements, read the fine print and avoid hidden costs.

SideStep helps you find the best available travel deals for specific dates, unlike some other sites that display sold-out deals for the dates you want.

CheapTickets offers last-minute travel deals.

Passport regulations have changed. Before you travel, check out the latest requirements for your destination.

The Transportation Security Agency (TSA) Web site provides comprehensive and up-to-date information about airport security, including what items are prohibited in carry-on luggage.

If you'll be traveling to another country, check out the currency exchange rate before you go.

For driving trips, the American Automobile Association (AAA) will provide members with TourBooks for destinations and Triptiks that map out the best route.

America Outdoors helps vacationers plan adventurous trips--kayaking, hiking, biking, horseback riding--to suit their inclinations and abilities.

Journeywoman is an online travel magazine and resource for and about women and their travel opportunities.

The American Society of Travel Agents (ASTA) site includes information on passport requirements, airport security, and other travel topics.




Money Management

Articles

Economy Inspires Parting Couples to Get Creative

Financial Candor Makes Second Marriages Sweeter

December Financial Fitness Challenge�Use Simple Tools to Assess Your Finances

New Gift Card Rules Make for Happier Holidays

November Financial Fitness Challenge�Try a "Cash Only" Experiment

Help Young Adults Move Out of Your Checkbook

October Financial Fitness Challenge�Tune In to Spending Triggers

Raising Grandchildren Gives Rise to Financial Challenges

September Financial Fitness Challenge�Stay Off the Budget Trouble D List

Generations Live Together to Save Costs, Gain Quality of Life

August Financial Fitness Challenge�Three (More) Reasons to Use Direct Deposit

Preserve Your Family's Paper Trail: Replace and Safeguard Personal Records

Financing a Face-Lift May Have Wrinkles

Appliance Rebates: Save Now and Later

What Was Grandma's Password?

February Financial Fitness Challenge�Readers Share Recession Lessons

When to Wed With a Wedding Planner

January Financial Fitness Challenge�The Great Recession is a Teacher

December Financial Fitness Challenge�Get Ready to Change

Smart Spending Puts Holiday Shoppers in Control of Cart

November Financial Fitness Challenge�Be Bold, Think Small

Tough Times Series: Beating the Odds: Protect Assets From a Gambling Problem

October Financial Fitness Challenge�Money Secrets Corrode Trust in a Marriage

Debt Settlement Sets a Costly Trap

September Financial Fitness Challenge�Overdrafts Are Telling You Something

Tough Times Series: Is There a Gold Mine Hidden in Your Jewelry Box?

May Financial Fitness Challenge�Know a Windfall From a Downfall

Sounds: What You Need to Know About Digital Radio

Tough Times Series: You Can Avoid Wage Garnishment

April Financial Fitness Challenge�"Specialists" Share Financial Expertise With Spouses

March Financial Fitness Challenge—Make Room for Baby

Tough Times Series—Speaking of the Economy ... What Do You Tell Your Kids?

Loans Among Friends and Family: Win-Win, or Sure Loss?

December Challenge�Fresh Ideas From the Editors

February Challenge�Direct Deposit is a Mighty Tool

What's Your Financial Fitness Score?

Turning Points

Being a Personal Representative When a Loved One Dies

Cope Financially During a Serious Illness

Keep Your Single-Parent Family Financially Fit

Put Your Financial House in Order Before Tying the Knot

Understand All Your Options for Dealing With Debt

Make the Most of Unexpected Good Fortune

Rebuild Your Life After a Life Partner Dies

Get a Head Start With Financial Baby Talk

Calculators

Calculator: Should I Pay Off Debt or Save

Calculator: Budget Blueprint

Calculator: Keep Your Checkbook Up-to-Date

Calculator: Do I want a Fixed or Adjustable Rate Mortgage?

Calculator: What Is My Net Worth?

Calculator: What's It Worth to Cut Back My Spending

Calculator: How Does Inflation Affect Prices?

Calculator: What Will My Monthly Mortgage Payment Be?

Videos

Talk With Your Children About Family Finances

How to Balance Your Checkbook

Investing: Dollar-Cost Averaging

Debit vs. Credit

Use Direct Deposit and Automatic Transfers to Simplify Finances

Home & Family Finance Radio

Be Bold, Think Small: Small Moves That Add Up to Big Progress When Making Financial Changes

Develop a New Year's Spending Plan

Key Money Problems for College Students & Young Gen Y-ers: How Family Can Help

The "Step-Down Principle" of Reducing Expenses

Stopping Overspending

5 Holiday Shopping Tips for Tough Times

10 Ways to Save on Health Care

Is Fear Stopping You From Making Financial Decisions?

Are You Prepared to Survive a Disaster?

Stay Off the Budget Trouble D List

Groupon: What Is It And How Does It Work?

Cut Your Top Five Costs and Save Thousands (Part 1 of 2)

Cut Your Top Five Costs and Save Thousands! (Part 2 of 2)

Financial Tips for Young Adults (Part 1 of 2)

Financial Tips for Young Adults (Part 2 of 2)

Eat Locally, Save Money

Military OneSource

Keep Your Head When Facing Job Loss

Rebates: Harder to Get, Harder to Use

Build Your Emergency Savings Fund

Couples & Money: One of the Toughest Disagreements to Negotiate

Get Financially Naked: How to Talk Money With Your Honey

Where the Jobs Are Now

30-Minute Money Solutions

The Beginner's Guide to Boosting Your Financial IQ

Using Public Transit Saves Individuals $9,242 Annually

Are You Ready for Change?

Financial Resolutions for the New Decade

Red to Black College Peer-to-Peer Financial Planning Program

Free Holiday Planner Helps Budget, Track, and Adjust Spending

Financial Planning

I Will Teach You to Be Rich

Payday Lending and Usury Laws

Technology Trends at Your Credit Union

Military Financial Institutions Help Soldiers

The New GI Bill

An Insider's Guide to Spending, Saving, and Living Wisely

What to Do If You Need Financial Counseling

Go Green: Save Money, Save the Planet

Coping With Change When Your Spouse Dies

Social Cost of Financial Illiteracy

Estate Planning for Survivors

Military Couples and Personal Finance

Prenuptial Agreements

Put Low-Cost Fresh Veggies on Your Table

Home Sharing

Consumer News

Blowin' in the windfall

H&FF Radio presents investing, financial checkup tips

Find the right fitness equipment

H&FF Radio: Save on holiday shopping, gift-giving

Women and money: Ditch the jargon, chuck the charts

H&FF Radio: Holiday tips from 'Good Morning America' contributor

Fresh saving ideas as holiday season approaches

H&FF Radio: Financial topics for military servicemembers

H&FF Radio: Financial topics for military servicemembers

Survey        Privacy Policy/Disclosures        Site Map         Contact Us       Home

© 2004 HEW Federal Credit Union. All rights reserved.
HEW Federal Credit Union is federally insured by the National Credit Union Administration.

Designed & Powered by Cambium Group, LLC