Family Fun for Less: Tips to Help Cut Costs on Your Next Vacation

June 28, 2025
A family is walking through an airport with luggage.

Rising prices can make planning a budget-friendly family vacation challenging.


In fact, the average cost for a week-long vacation for a family of four to a theme park can easily run upwards of $6,000.1 Consider these saving strategies when planning your next family getaway.



Set a budget

Your first step should be to set a realistic budget for your vacation. Start out by determining the amount of money you are able to spend on your trip. Next, identify your vacation expenses. These include travel to and from your destination, accommodations, food, and activities. Don't forget to include a little extra for any unexpected costs that may arise.


A good way to make sure that you stay on budget is to set expectations for vacation expenses ahead of time. Start with a family meeting to discuss the overall budget and how much you are willing to spend on each component of the trip, such as food, activities, and even souvenirs. It may also help to create a daily vacation budget for your family to help manage expenses and prevent overspending.



Plan ahead

Book flights, accommodations, and tickets to attractions well in advance to secure the best rates. Sign up for price alerts and use online comparison tools to find deals and track price fluctuations.



Be flexible

You might save big on your vacation if you're flexible with your travel dates and destination. Be open to traveling during the off-season or at off-peak times, and consider traveling to lesser-known destinations in order to maximize your savings.



Look for additional ways to trim expenses

If you find that your vacation might run over budget, consider these ways to further reduce expenses:


  • Explore alternative options for accommodations by searching online websites for vacation home rentals or think about staying with family/friends.

  • Try to save money on food by shopping at a local grocery store and dining in and/or looking online for restaurants that offer dining specials and discounts.

  • Look for affordable or no-cost activities, including discounted or free entry to local museums/festivals, or enjoy outdoor recreation (e.g., beaches and hiking) in the area.

  • Reduce transportation expenses by comparing the cost and feasibility of flying versus driving to your vacation destination. Consider utilizing public transportation or ride-share apps instead of renting a car once you arrive.




(1) NerdWallet, 2025


All Securities Through Money Concepts Capital Corp., Member FINRA / SIPC

11440 North Jog Road, Palm Beach Gardens, FL 33418 Phone: 561.472.2000

Copyright 2010 Money Concepts International Inc.

Investments are not FDIC or NCUA Insured

May Lose Value - No Bank or Credit Union Guarantee

This communication is strictly intended for individuals residing in the state(s) of MI. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Advisor Solutions Copyright 2020.

Elderly couple speaking with a younger woman, likely a professional. Light background.
By TFC Team September 29, 2025
When can you change your health insurance plan? How often should you review your current health insurance plan? Who should I contact with any insurance questions?
A Black woman with curly hair smiles at a laptop in a modern office. She wears a suit and striped shirt.
By FMC Team September 29, 2025
Time horizon at retirement: see how goals shift from saving to managing liquidity, sequence-of-returns risk, and long-term sustainability.
A man and woman in a kitchen looking at a laptop together.
By TFC Team September 29, 2025
Every wonder how much money you will be able to provide to your beneficiaries if you were to pass away? Do you have enough to cover the expenses and taxes?
Man in suit and hard hat reviews a document in front of shipping containers in a cargo yard.
By TFC Team September 29, 2025
The chart below shows a breakdown of trade with our six top trading partners.
Show More