DFI offers tips for saving money when traveling

Since the spring holidays around the corner and the Ohioans started thinking about summer vacation, the Department of Financial Institutions (DFI) of the OHIO Ministry of Commerce offers practical tips and advice to help consumers plan the short vacation and at the same time their finances in chess hold.

According to the latest data from Chime.com, the average costs for a one -week vacation in the USA are approximately $ 1,991 per person, although the costs can vary depending on the goal. Kevin Allard, superintendent of the division, says whether you are planning a journey through the city or all over the country, there are steps that Ohioan can take to plan a funny vacation and at the same time avoid financial headaches.

“Planning that you pay for upcoming trips does not have to be stressful,” said Allard. “There are simple steps that you can take to enjoy your time with family and relatives and at the same time stay in a budget and your own financial means. With a little planning, it is possible to reconcile an unforgettable vacation and financial responsibility. “

The DFI recommends taking the following steps in order to make the holidays pleasant and affordable and at the same time avoid unnecessary financial burdens:

• Plan ahead – the earlier you start planning, the better. Find in advance for sales and budget-friendly flights, accommodations and activities to avoid higher costs associated with the last minute. You can also research checks to ensure that your money is worth the costs. By packing all necessary troubles such as sunscreen and chargers, overpriced overpriced objects can also prevent tourist destinations.

• Be flexible with travel selection fly outside of the peak times, the selection of budget airlines or the use of alternative airports can lead to large savings. If you plan to make the street, road trips with friends, buses or trains can be a more economic and adventurous alternative to flying.

• Explore alternative goals and accommodation. Use services such as Airbnb, VRBO and Hostels.com for affordable accommodations or even consider camping the costs of reduced accommodation.

• Save activities and food – use memberships such as AAA or explore apps and websites for advertising codes and discounts before traveling. You can also search for additional savings on students -IDS or local voucher books. Also consider to store snacks and ingredients for meals to avoid high restaurant costs if possible.

• Budget and avoid the impulse expenditure – set a daily budget and prioritize your expenses. Consider only lifting the money that is needed every day to avoid handing over or rely on credit cards. Keep souvenirs and indulgences to a minimum by deciding what your trip gives a long -term value.

Further tips on the development of a budget and other financial habits can be found on the website of the DFI office for consumer matters at com.ohio.gov/consumeraffairs.

Submitted by the Ohio Department of Commerce.