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How to Save Money on Holiday Travel

Oct 19, 2016

Book Your Flights Early

Planning in advance is key when trying to save money. Be sure to start looking at flights at least six weeks in advance of the holidays because last minute tickets are much more expensive. Keep in mind that Tuesdays and Wednesdays are typically the cheapest days to book a flight. Use airline comparison sites to find the best deal. Taking the time to hunt for the best option will save you cash in the long run.

Travel the Day of the Holiday

While you may want to get to your holiday destination a few days early, consider flying the day of the holiday to save some cash. Flying on holidays is normally much cheaper than the days leading up. If your schedule is flexible, an early-morning flight will get you there in time for dinner and could save you hundreds of dollars.

Pre-Check Your Luggage

The airport restrictions on suitcases are notoriously strict. Make sure to weigh and measure your bags before you arrive at the airport. If your bags are a few pounds over or too large to fit in the overhead compartment, you’ll be stuck with a stiff fee. Instead of sticking wrapped presents in your suitcase consider ordering gifts online and having them delivered to your destination. Pack wrapping paper in your bag to assemble gifts once you’ve arrived.

Drive If Possible

While flying may be faster, if your holiday destination is within a reasonable distance, driving could significantly lower the cost of travel. Don’t forget, the cost of flying isn’t limited to just the plane ticket. In additional to booking a flight, there are the added costs of airport parking and checked baggage. Driving also eliminates the need for a rental car once you reach your destination. Gas prices have remained at an average of around two dollars per gallon, so filling a tank can be substantially less than plane tickets for a family of four.

Traveling during the holidays can get pricey, but with a little advanced planning, saving money is possible. PFCU offers Balance Financial Counseling to help our members improve their financial fitness. Take advantage of our free education tools to help save for your holiday travel plans!

erin_elis

Erin Ellis
Accredited Financial Counselor
Philadelphia Federal Credit Union
eellis@pfcu.com
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