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By Josh Jones
Managing Editor, MoneyMix

Summertime and the living's easy, or at least that's how the song goes.

Road trips, hitting the beach and vacations are as much a part of summer as fireworks on July 4th. But many of us are planning to stay put during the upcoming summer travel season.

Only 42% of Americans plan to spend their time and money on a vacation this summer compared to 49% who planned to travel in 2005. A third have already cancelled at least one trip because of financial concerns, according to a recent poll released by the Associated Press and GfK ( May 19).

A third have already cancelled at least one trip because of financial concerns

Of those planning to travel, people between 18-to-29 are the second most likely to get out of town for summer fun, according to the survey. And for those of us just starting out in life, we probably don't have a lot of extra money sitting around.

So, while account balances seemingly shrink during tough economic times-and we don't have a lot of cash to begin with-there are ways to have frugal fun in the sun without burning a hole in your wallet.

Check out these tips inspired by the June 2009 issue of Readers Digest:

  • Create a budget. Use EasyBudget in My MoneyMix to identify how much you have to spend on your excursion. Don't forget to plan for expenses such as meals, souvenirs, transportation, lodging, and entertainment. Be sure to include funds for unexpected expenses and take into account any membership or organizational discounts such as AAA. Save several budgets with different travel options in EasyBudget and compare them. This will help you decide which options are best.
  • Flight control. Travel expert Peter Greenberg advises, "the best time to book a flight is 12:01 a.m. Wednesday morning, in the time zone where the airline is based." (Readers Digest June 2009). You can also track the price of flights before, and after, you book them using Web sites like These Web sites will notify you if the rate drops enabling you to contact the airline for a refund of the price difference.

     Fewer Americans traveling this summer - Baltimore Sun article

     Associated Press-GfK Travel Plans Poll

     Travel resources from the U.S. Department of State

  • Wheels and lodging deals. Use bargain travel sites like to search for low rates on rooms and rental cars. When renting a vehicle, choose a location close to your hotel or airport to avoid airport convenience fees. Readers Digest also suggests when searching for lodging. The site offers discounted rates on rooms and a price match guarantee.
  • Travel insurance. Travel insurance can save you a lot of hassle and expense even if your trip costs only a few hundred dollars. Basic travel insurance will cover things like delays, lost baggage, and emergency medical expenses and is relatively inexpensive. Readers Digest suggests using to compare plans.
  • Last minute planning. When you have little time to plan, Readers Digest recommends using to find travel packages which include transportation and lodging. Other sites, like list reduced prices for last minute air travel.

For more information, watch "Keep Your Travel Money Safe," here on MoneyMixTM: Launch Your Life. Happy trails!

Published June 3, 2009

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Thanks, glad you like it!


This is a good article, thank you! Many of us head out without a plan and end up spending too much money (read; CREDIT CARD DEBT).

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