Family travel doesn’t have to break the bank. In fact, many money-saving travel tricks do double-duty as sanity-saving parenting tips, too. (Think: easing transportation headaches, improving the hominess of accommodations, entertaining kids, etc.) Read on for our top 10 cost-cutting travel tips from family-travel experts.
“Plan a vacation with a group of people and rent a home or villa. When you divide the cost among several families, it could be less expensive than a hotel, and you’ll have the added benefit of kitchen and laundry,” says Hoxmeier.
In most cases, your families will also have more space to spread out, and parents can swap childcare duties so each couple ends up with (free) babysitting so they can spend some time alone.
Give Kids Their Own Money to Spend
It’s counterintuitive, but financial coach Sharon L Nash, author of the Free To Spend financial literacy guide, says when each child or teen gets a daily allotment of cash for food and incidentals, they’ll be frugal so as to keep their change.
“A student aged 7 to 23 will spend your money faster than you can give it to them. But as soon as the money becomes theirs, the think-twice-before-spending lightbulb gets switched on,” says Nash.