Ten Ways to Save Money on Your Next Vacation

Let's face it, the economy has taken it's toll on just about everybody.  Travelers are having to balance their need to cut back with their desire to take a vacation.

Saving money on your next getaway doesn't have to be painful. You don't have to settle for a "staycation" or a notoriously rundown resort, and you don't need to find some crazy last minute travel deal. Stretching your vacation dollars just takes is a little creativity and flexibility.

1) Travel Off-Peak.  Peak travel times to certain destinations may vary. Check before you start planning to find the most popular times to visit the destination you have in mind. Plan on visiting either right before or after this time period (known as the shoulder season) or in a completely different season. Thanksgiving, Christmas, & New Year's are peak times for travel just about anywhere.  You will pay more if you must travel at this time.

2) Look for a resort that is offering "kids stay free". For those traveling with children, Catalonia Resorts, Palace Resorts, Real Resorts, and even Disney offer promotions for kids to stay free.  Taking advantage of these offers can cut your bill significantly.

3) Be flexible with your flight days and times.  You might be planning on taking your vacation for a week from Saturday to Saturday, but airfare is often less expensive if you travel mid-week.  Consider traveling Wednesday to Wednesday or Thursday to Thursday. It might shave hundreds of dollars off your bottom line.  Also take a look at less desirable flight times.  The only seats left on the early a.m. flight might be first class (and pricey!), but if you leave mid-day (or return on a red-eye) you could find yourself paying less for your tickets.

4) Check for Charter flights. Don't forget to check for charter flights to your destination.  Regular scheduled air could be booked up, but if you look for a charter, you might luck out and pay a fraction of what the full fare on a scheduled flight would cost. Check for charters with your favorite tour operator or travel agent.

5) Consider an alternate airport.  Airports within driving distance might offer service on an airline your regular gateway can't offer. Some low-cost carriers only provide service from secondary hubs to keep their costs down.  Or, if you live near a secondary hub, check for fares from the nearest major hub.  Compare and then decide if the extra drive is worth the savings you will reap.

6) Book Early. Early booking rates at popular resorts are often the lowest rates that will be offered. Start looking early enough to take advantage of them. As the resort starts filling up, rates often increase. If you like, you can  book your resort first and then shop for the best airfare later. Some tour operators offer a "best price guarantee" (often for a small premium).  Look for this coverage if you want to be sure you are paying the lowest possible price.

7) Look for Resorts with flexible "credits" or bonuses. While the upfront cast might be a little more, some resorts offer extra inclusions that you would otherwise have to pay out of pocket for once you arrived.  Sandals Resorts offer free scuba diving for certified divers, snorkeling tours, and motorized water sports (at some but not all locations).  Palace Resorts offer up to a $1500 resort credit that can be used for excursions, golf, and spa treatments. If you will use these "extras" consider a stay at a resort that makes a similar offer, it could save you money in the long run.

8) Consider a "value destination". Mexico, Jamaica, and Punta Cana are all destinations with resorts that offer "bang for your buck".  They also are highly serviced by the airlines and may offer the best fares.  Don't rule them out.  You might be amazed at what you can afford.

9) Use third party travel protection.  Many tour operators and cruise lines offer travel protection bundled in with your arrangements, but this isn't always the most cost-effective coverage.  Third party coverage through Travel Guard or Access America might offer similar (or better) coverage for a lower price (especially if you are young or traveling with children).

10) Use a travel agent.  A good travel agent can help you save money and get the best fit and value.  They are familiar with resorts that are offering specials and know how to work within a clients' budget. They will offer suggestions and expertise to help make sure you get the trip you are looking for at one of the best prices available.

Readers: Do you have any other tips to offer?