affordable travel

How to Save Money on Last-Minute Travel

Last-minute travel doesn’t have to break the bank.

We often equate last-minute traveling with high costs. Most discounts and lower prices come when you book early, which is why saving money can be a challenge when you’re planning a sudden trip. However, even though it is a challenge, there are some things you can do to cut down on costs. Here are some tips you can apply to save money traveling.

Search for a Hotel Deal

Most hotels charge the highest price when you’re on a last-minute booking affair. The hospitality industry is a competitive space, and some places want to bring in last-minute travelers to profit. To do so, they offer lower prices, discounts, and promotions, which will be a wallet-saver. Because there are so many hotels available in a given area, a little patience will lead you to a hotel at a lower-than-expected price.

There are several ways you can approach this:

  • Holiday deals: During the holiday season, hotels in business areas tend to offer lower prices because there are fewer people in their area.
  • Off-season deals: Some hotels also offer limited-time discounts during lean months to entice travelers.
  • Compare prices online: You can also leverage technology by comparing prices offered at different online websites. When booking online, these sites can get competitive and lower their prices to land the deal.
  • Contact the hotel: Try calling the hotel, because sometimes they can offer lower prices for those that ask them.

It would help if you also broaden your horizons. Consider staying a little bit farther than your intended location to save money. Hotels near hotspots or events tend to charge higher than those in farther areas. Another consideration you should make is checking for a rental at websites like Airbnb. You’ll often find rooms that are still open that charge less than most of the hotels in the same area.

Whatever the case, every little bit you can save will give you breathing room. You’ll have money to use on other vital things for your trip.

Check for Flight Deals

The same principle of higher prices for hotels can also apply to flights. Flying on short notice will often charge you a premium as companies tend to offer their best prices at earlier bookings. It’s not the end though, as there are several ways for you to cut costs.

The first is by examining all flights and carriers heading to your desired location. Some will have lower prices, and you might want to check budget flights to see if they have seats available for your trip. You sacrifice a bit of convenience and features from more expensive flights, but the money you save will be helpful for your trip. Connecting flights also tend to have lower prices because they take more time to reach the destination.

Another strategy you can take is moving your travel to make your trip start on the day of the holiday itself. Most people travel before the holiday, which commands very high prices. Data shows us that prices can drop by as much as 20% for trips on holiday dates. You can adjust your travel dates and get that significant discount. It’s a small price to pay to save more money you can use on other things on the trip.

Finally, you can use rate comparison websites to see which airline has the best deal for your travel location. You can narrow down your options to several of the lowest priced and then compare each to see which is the better option based on your preferences.

Save on Your Rental Car

Rental cars tend to be expensive, and you may not be able to find a lot of options during last-minute reservations. Thankfully, we live in a world where people have also thought about rate comparisons online. Checking these websites will allow you to see the best deals available along with the cars. You can find a cheap two or four-seater if you’re traveling solo or with a few people. You’ll also be able to gauge the rates for vans and similar cars for families.

These often have most major rentals in the area covered, so you only need to visit them or book through their website. The companies themselves may also be running a discount or promotion, which can help you cut down on the cost.

One other thing to consider is the nontraditional rental companies. Some people offer rental services through advertising on specific websites. You can pick up the rental at their home or a public place, and the website/app will have the contract ready for the deal. Since you’re dealing with people directly, they’ll often offer lower prices than a major company. It’s even possible to get a good car for half the price if you land on an available one during your travel.

Open Your Travel Options

Many tourist areas tend to have higher prices when you don’t reserve in advance. We often have this idea that we need to go to this expensive attraction or a high-profile restaurant when we travel. Don’t be afraid to try budget options or other locations that may not be the most popular. Even then, you get fun and memorable experiences while saving money.

That may mean sacrificing your planned trip to a tourist hotspot in favor of a lesser-known area. Why go for a more expensive trip to Paris when you can save money and still visit France through Lyon? The place offers the same experience at much lower prices. Whether it’s a country, a region, or a destination, your options when traveling will never run out.

Don’t Be Afraid to Look and Ask for Deals

Deals and discounts are always available, even if you feel like you’re too late. Businesses are always looking for more clients, and they’re not afraid to offer discounts to land the sale. You can even call or visit to ask in person, as they may offer something that’s not normally available to the public. This can be a way to save more money and enjoy your traveling further.

affordable travel

Finny the Finance Bot says…

How can I save money on travel expenses if it’s done with little time to plan and prepare?

If you’re planning a trip with little time to prepare, there are still some steps you can take to save money on travel expenses. Here are some suggestions:

  1. Use budget airlines: Budget airlines often offer lower fares than traditional carriers, but be aware of additional fees for baggage and other services.
  2. Book last-minute deals: If you have flexibility in your travel plans, you may be able to find last-minute deals on flights, hotels, and rental cars.
  3. Use accommodations other than hotels: Consider alternative accommodations such as Airbnb, vacation rentals, or hostels to save money on lodging costs.
  4. Plan meals in advance: Eating out can add up quickly, so consider bringing your own food or cooking your own meals while on your trip.
  5. Use public transportation: Taking public transportation instead of a taxi or rental car can save you money and give you a chance to see the local area.
  6. Look for free activities: Many cities offer free or low-cost attractions, such as parks, museums, and walking tours.

Remember, it’s important to prioritize your needs and budget when it comes to travel expenses. By being mindful of your spending, you can still have a great trip while saving money.

The author generated Finny the Finance Bot’s text in part with GPT-3, OpenAI’s large-scale language-generation model. Upon generating draft language, the author reviewed, edited, and revised the language to their own liking and takes ultimate responsibility for the content of this publication.

About the Author

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You hereby authorize and instruct Debt Reduction Services, Inc. (DRS, dba Money Fit by DRS) and/or its assigned agents to:
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NOTE: This sheet is to inform new or returning clients about our services, records, fees, and limitations that may affect you as a consumer of our services. This form also discloses how we might release your information to other agencies and/or regulators. If you do not understand a statement, please ask a Debt Reduction Services (DRS) counselor for assistance.

Debt Reduction Services, Inc. (DRS) has put into place policies and procedures to protect the security and confidentiality of your nonpublic personal information. This notice explains our online information practices and how we use and maintain your information to conduct our financial education and credit counseling sessions and to fulfill information and question requests. This privacy policy complies with federal laws and regulations.

To provide our financial education and credit counseling services, we collect nonpublic personal information about you as follows: 1) Information we receive from you, 2) Information about your transactions with us or others, and 3) Information we receive from your creditors or a consumer reporting agency. We do not share this information with outside parties.

We use non-identifying and aggregate information to better design our website and services, but we do not disclose anything that could be used to identify you as an individual.

You hereby authorize DRS, when necessary, to share your nonpublic personal, financial, credit, and any information that you provided (including any computations and assessments produced) with the following entities in order to help DRS provide you with appropriate counseling or guide you to appropriate services: third parties such as government agencies, your lender(s), your creditor(s), and nonprofit housing-related and other financial agencies as permitted by law, including the U.S. Department of Housing and Urban Development.

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Debt Reduction Services, Inc. complies with the privacy requirements set forth in the HUD housing counseling agency handbook 7610.1 (05/2010), including the sections 2-2 Mc, 3-1 H(2), 3-3, 5-3 F, and Attachment A.5. At all times, we will comply with all additional laws and regulations to which we are subject regarding the collection, use, and disclosure of individually identifiable information.

  1. Services: DRS provides the following housing-related services: counseling that includes Homeless Assistance, Rental Topics, Pre-purchase/Homebuying, and Home Maintenance and Financial Management for Homeowners (Non-Delinquency Post-Purchase); Education courses that include Financial literacy (including home affordability, budgeting, and understanding use of credit), Predatory lending, loan scam or other fraud prevention, Fair housing, Rental topics, Pre-purchase homebuyer education, Non-delinquency post-purchase workshop (including home maintenance and/or financial management for homeowners), and other workshops not listed above.

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  1. Limits: Our services are limited to our normal weekday business hours. We do not provide individual counseling or education services after hours or on weekends, although our education courses are available 24/7.
  2. Fees: We do not charge fees for our financial management counseling and education. However, if you use them, you may have to pay for our Debt Management Program, Student Loan Counseling, Bankruptcy Certificate Services or certain financial education courses (homebuyer education, rental topics, fair housing, predatory lending, and post-purchase-non-delinquency including home maintenance and/or financial management for homeowners).
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You acknowledge that this authorization will remain in effect for the duration of time that DRS serves as your housing counselor or financial education provider. You also acknowledge that should you wish to terminate this authorization, you will notify DRS in writing.

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Disclosure to Client for HUD Housing Counseling Services

Debt Reduction Services, Inc. and its financial education arm, Money Fit by DRS, offer the following housing counseling and educational services related to housing, personal finance, and bankruptcy certificates to consumers:
  • Housing Education Courses: DRS offers many online self-guided education programs classified as Financial, Budgeting, and Credit Workshops (FBC), Fair Housing Pre-Purchase Education Workshops (FHW), Homelessness Prevention Workshops (HMW), Non-Delinquency Post Purchase Workshops (NDW), Predatory Lending Education Workshops (PLW), Pre-purchase Homebuyer Education Workshops (PPW), and Rental Housing Workshops (RHW). These courses help participants increase their knowledge of and skills in personal finance, including home affordability, budgeting, and understanding the use of credit, as well as predatory lending, loan scams, and other fraud prevention topics, fair housing, rental topics, pre-purchase homebuyer education, non-delinquency post-purchase topics including home maintenance and/or financial management for homeowners, homeless prevention workshop, and other workshops not listed above relating to personal finance and housing. Course details are found below under “Housing Workshops.”
  • Home Equity Conversation Mortgage (HECM) Counseling (RMC): Via telephone and virtual platforms, we offer the required HECM counseling nationwide in addition to in-person counseling in Boise, Idaho. We also offer in-home counseling options in thirty counties across southern Idaho for an additional fee to cover our travel and additional staff time costs.
  • Home Maintenance and Financial Management for Homeowners (Non-Delinquency Post-Purchase) (FBC): Clients receive counseling and materials on the proper maintenance of their home and mortgage refinancing. Clients can find help and resources by phone, in our Boise office, or virtually on all topics related to stabilizing their long-term homeownership.
  • Services for Homeless Counseling (HMC): Clients receive phone, virtual, or in-person (Boise) counseling to evaluate their current housing needs, identify barriers to and goals for housing stability, establish a path to self-sufficiency, and connect with emergency shelters, income-appropriate housing, and/or other community resources (e.g. mental healthcare, job training, transportation, etc.).
  • Pre-Purchase Counseling (PPC): Clients receive counseling through the entire homebuying process. Assistance may involve creating a sustainable household budget, understanding mortgage options, building their credit rating, and putting together a realistic action plan to set and achieve homeownership goals.  Additionally, clients will receive materials and resources about home inspections and other homeownership topics relevant to successfully maintaining a home.
  • Rental Housing Counseling (RHC): Via phone, in-person appointments (Boise, ID), or virtual platforms, clients receive housing counseling relevant to renting, including rent subsidies from HUD or other government and assistance programs. Topics can also address issues and concerns having to do with fair housing, landlord and tenant laws, lease terms, rent delinquency, household budgeting, and finding alternate housing.
DRS also offers the following services:
  • A Debt Management Program (DMP) for consumers struggling to pay their credit cards, collections, medical debts, personal loans, old utility bills, and past-due cell phone accounts;
  • The Budget Briefing and Debtor Education Certificates that are required during the Bankruptcy filing process;
  • A Student Loan Repayment Plan Counseling and application service.

Relationships with Industry Partners

Through such services, DRS has established financial relationships with hundreds of banks, credit unions, and creditors such as American Express, Bank of America, Barclays, Capital One, Chase, Citibank, Credit One, Discover, Synchrony, US Bank, USAA, Wells Fargo, and others.

No Client Obligation

The client is not obligated to receive, purchase or utilize any other services offered by DRS or its exclusive partners to receive financial education or housing counseling services. Alternatives: As a condition of our counseling services, in alignment with meeting our client services goals, and in compliance with HUD’s Housing Counseling Program requirements, we may provide information on alternative services, programs, and products available to you, if applicable and known by our staff. Alternative DMP services include negotiating better repayment terms directly with your individual creditors, paying your debts as agreed, or, in extreme cases, filing for personal bankruptcy. Alternative credit and education services can be found through MyMoney.gov or the Jump$tart Clearinghouse of online financial education resources. Housing counseling alternatives can be found through HUD at www.hud.gov/findacounselor.
Finally, you understand that you may revoke consent to these disclosures by notifying DRS in writing.

Housing Counseling and Education Fee Schedule

 

Online Education Program Fees*

Homebuyer Education Course: $59 per participant

  • Self-paced course available here, our online housing counseling and education center. Certificates will be automatically generated upon completion of the course (approximately 6-8 hours)

RentalFair HousingPredatory Lending / HOEPAPost-Purchase (Non-delinquency post-purchase workshop, including home maintenance and/or financial management for homeowners) Online Workshops: $49 per participant

  • Approximately 1 hour each

Other Self-Guided Financial Literacy Webinars (e.g. creditbudgetinghomeless preventiondebt prevention): $0

One-on-one Counseling Fees*

Pre-purchase Homebuying Counseling, Rental Counseling, Post-purchase Ownership Maintenance and Financial Management: $75

  • Session by the hour

Reverse Mortgage/HECM Counseling with Required Certificate:

  • $200†

Credit Report Fee: Paid Directly by Client

*Fees for all but our online education courses and workshops can be paid online by debit card, credit card, or PayPal or in person by cash, check or money order to: “Debt Reduction Services, Inc.” Registration fees are non-refundable 24 hours or less before the start of an in-person course or workshop. Certificates are non-transferable

*Fees may be waived for households with income of 150% or less of that identified on the US Department of Health and Human Services Poverty Guidelines Page

†Home visit counseling is available in 30 southern Idaho counties for potential HECM borrowers at additional costs to cover our travel (IRS reimbursement rates apply) and staff time ($50 per hour or fraction there).

Housing Counseling and Education Fee Schedule

 

Online Education Program Fees*

Homebuyer Education Course: $59 per participant

  • Self-paced course available here, our online housing counseling and education center. Certificates will be automatically generated upon completion of the course (approximately 6-8 hours)

RentalFair HousingPredatory Lending / HOEPAPost-Purchase (Non-delinquency post-purchase workshop, including home maintenance and/or financial management for homeowners) Online Workshops: $49 per participant

  • Approximately 1 hour each

Other Self-Guided Financial Literacy Webinars (e.g. creditbudgetinghomeless preventiondebt prevention): $0

One-on-one Counseling Fees*

Pre-purchase Homebuying Counseling, Rental Counseling, Post-purchase Ownership Maintenance and Financial Management: $75

  • Session by the hour

Reverse Mortgage/HECM Counseling with Required Certificate:

  • $200†

Credit Report Fee: Paid Directly by Client

*Fees for all but our online education courses and workshops can be paid online by debit card, credit card, or PayPal or in person by cash, check or money order to: “Debt Reduction Services, Inc.” Registration fees are non-refundable 24 hours or less before the start of an in-person course or workshop. Certificates are non-transferable

*Fees may be waived for households with income of 150% or less of that identified on the US Department of Health and Human Services Poverty Guidelines Page

†Home visit counseling is available in 30 southern Idaho counties for potential HECM borrowers at additional costs to cover our travel (IRS reimbursement rates apply) and staff time ($50 per hour or fraction there).