Travel
Vacation Budgeting
If you are traveling overseas, call your credit card companies in advance to find
out what fees they charge for overseas purchases. While a 1% fee for overseas purchases
is common, some issuers will charge as much as 4%.
Always check the cost of the individual components of a package against the package
price, if possible. One may be cheaper than the other, depending on the destination
and time of year.
Give your kids an allowance for souvenirs, snacks, etc. and tell them they have
to stick to it.
If you’ll be staying in a U.S city for several days or more, buy an Entertainment
Book for that city at www.entertainment.com. You’ll get a whole book full of discount
coupons for restaurants, entertainment and more.
Bring pre-packaged snacks like granola bars, trail mix, jerky, gum, or bottles of
water. These items are much more expensive in hotels and airports. If you’re driving,
pack a small cooler for keeping beverages and snacks handy.
Don’t forget to budget for gratuities. Examples include hotel housekeepers ($2 -$5/day),
bellmen ($5-$10 for delivering luggage to room) airport skycaps ($1/bag), cab drivers
(15%), wait staff (15-20%), tour guides ($1-$2/day). Tipping on cruises can really add up, so plan ahead! Visit www.tipping.org for guidelines.
Always check out a company you don’t know, and use your credit card to make the
reservation for additional protection. Get refund or cancellation policies in writing,
and consider buying travel insurance for extra protection. Restrictions apply to
travel insurance policies, so read the fine print.
Get a cheap long distance phone card before you travel and use it! Avoid hotel
phones, which can charge outrageous long distance rates. If you will use your cell
phone when you travel, find out whether roaming charges will apply. If you plan
to get online at your hotel or on a cruise ship make sure you understand what it will cost you.
