With a recession looming, it may be a good idea to reconsider plans to travel to a high-cost area. For international trips, research places where the dollar is strong.
“It will make your time on the ground much more affordable and help your money last longer,” Rebell says.
If you are traveling domestically, visiting places in lower-cost-of-living areas, especially if you can drive there, might be more affordable. Or consider a destination with free activities, such as hiking trails or museums that don’t charge entrance fees.
Another approach is to narrow your vacation options to three or four. Continue monitoring airfare and hotel prices until you find something that meets your budget. Once you find something that works, be ready to book quickly.
Additionally, if you are flexible about when you travel, consider traveling during the off-season. This can help save a bundle since demand for flights, hotels, and tours isn’t as high once the crowds go home.
