My, My, the Cost of Vacationing

by |

You’ve spent a lot of time doing your homework, planning for your family’s vacation this coming summer, right?

You’ve learned about the damage a family trip can do to the old nest egg, right? Take a look at some of these numbers just in case you’re wondering (based on a family of four):

  • An eight-day, seven-night Orlando, Florida vacation with air travel, rental car and hotel such as a Holiday Inn outside of Disneyworld): approximately $3,869.
  • An eight-day, seven-night, all-inclusive trip to Club Med Sandpiper in Florida (including everything except transfers): approximately $4,279.
  • An eight-day, seven-night Paris city tour with air travel, hotel and sightseeing transfers: approximately $3,500.

Had enough? OK, so you’re ready then. You already know that the first rule of thumb when planning for a family vacation is coming up with a detailed budget and sticking to it. You’ve even gone so far as to create a vacation account so that a portion can go into it from your direct-deposited paycheck. You’re doing swell!

Just in case you haven’t budgeted in for incidentals while you’re travelling (there’s nothing worse than being on a family vacation and worrying about money and what’s being spent where), here’s a list of things to keep in mind and budget for before you go:

  • When possible, pay using cash or travelers’ checks. For other items that are more convenient to use a credit card (like hotel, car and airline fees), keep a running list of purchases, but decide before you go which purchases will be made with your credit card and have a plan for paying them off upon your return.
  • Buy miscellaneous items such as batteries, film, medicines and “kid staples” before you go since these kind of things are usually more expensive at vacation destinations.
  • Put a limit on souvenir spending. Better yet, let your kids use their own allowances on these novelties.

Source: (vacation prices may be subject to change).

Susan Day is editor in chief of this publication.

[pro_ad_display_adzone id="35524"]

Leave a Reply using Facebook

Don't Miss Out!

Sign up for our newsletter.

Best Bets for the Weekend | Editor's Picks | Contests & Giveaways

Our weekly newsletter – sent each Thursday – features our picks for the best events for the weekend, plus exclusive online content, and links to our online contests and giveaways.  You'll also find contests and giveaways that are for newsletter subscribers only!

Oh, and we don't share your information with anyone else!

[pro_ad_display_adzone id='35507' flyin='1' flyin_position='bottom-left']