Magic Equation: How Much Vacation Can You Afford?

by Allison Kade on

Everyone dreams of the absolutely perfect vacation. A whole year away. Sampling amazing cuisines every night. Five-star hotels everywhere. Screw the cross-country bus, you’ll take the bullet train!

All of that can be yours, at a cost, of course.

Planning a vacation is all about balancing variables. Think of it as a triangle between cost, time and luxury – you can have two, but never all three.

So:

  • If you want a yearlong trip in the lap of luxury, that’s fine … you’ll just have to sacrifice your budget.
  • If you want a luxurious trip without spending a ton, that’s fine, too. You’ll just have to sacrifice duration, like staying just one night at a fancy resort.
  • Want to go away for a long time without blowing all your cash? Great, it looks like you’ll be backpacking and staying in hostels for a while to come.

This is particularly important in the planning stages of your trip, when you’re deciding where to go and for how long. After all, if you planned for two weeks in an expensive country and realize halfway through that you’re going to go over budget, it’s a little too late, isn’t it?

The key to staying on budget is to figure out how you’ll allocate your resources by working the ratio of those three factors: cost, duration and how much you’ll spend on the ground. Think about what matters most to you and then hold yourself to it as best you can.

Based on personal experience as both a traveler and a personal finance writer – and a significant amount of number crunching to make sure my calculations make sense – I’ve come up with an equation to figure out just how much trip I, or you, can afford.The beauty is that the variables are just that: by understanding your travel situation as a give and take, you can tweak one variable to make more room for the others. Do this math:

Total Budget – (Airfare + Souvenir Budget) – (Estimated Cost Per Train Or Bus Ride x Total Rides) – [(Daily Food Estimate + Nightly Hotel Estimate + Daily Entertainment Estimate) x Total Days]

Then take a look at the number you get. Here’s how to decode:

Zero = You are precisely on budget, without a lot of wiggle room.

A positive number = That’s how much extra wiggle room you have in your budget. Toward the end of the trip, you might as well spend it on something fun! If you have a huge positive number, you have a lot leftover. You might even want to rethink some of your plans or calculations. In one direction, you can bring this closer to zero by adjusting your expected budget and simply spending less on this particular vacation. Maybe let the leftovers seed your fund for the next vacation! Otherwise, you might choose to go away for more days or up the quality of your accommodations (therefore increasing your nightly hotel estimate). Once you change a variable, remember to compute again to make sure you’re on track!

A negative number = You’re over budget, and you haven’t even arrived at your destination yet. Something in this equation needs to change. If you’re just a little in the red then you might be able to get away with tweaking a small component of this equation, to avoid altering your travel plans. For example, you might just give yourself less cash to spend on souvenirs, or eat a little more frugally while you’re away.

If you’re severely over budget, however, something’s gotta give. In some cases, it helps to go back to square one and rethink your location. Will you have to pay for expensive plane tickets? Even if the cost of living is cheap where you’re going, that only matters if you stay for a long time. So, for a short trip, maybe you can go somewhere closer to home to reduce the cost of getting there. For a longer trip, maybe you need to go somewhere cheaper, or reassess your travel style. And, of course, one of the fastest ways to knock this number down is to reduce your total days away, since, as you can see, that gets multiplied out.

If you are having trouble knocking down any of your estimated costs, it goes without saying that you can also balance this equation simply by increasing your total budget.

It’s never fun to hack away at your dream trip, but whatever you decide, remember the give and take between money, luxury and time. By choosing which of those three is most important, you’ll be able to craft a trip that’s just what you’re looking for, in the end.

[Image credit: Flickr user epSos.de]

Looking For Holiday Airfare? Better Hurry

by Chris Owen on

When to buy holiday airfare is often the most difficult part of the process. Deciding where to go, when we want to fly there and who we might travel with is easy. Knowing when to pull the trigger on buying airfare seems to require a crystal ball. Since most of us don’t have mystic forecasting abilities, we look to what or who we believe are qualified sources for guidance. Experts seem to agree, the best time to buy is sooner than later.

“You don’t have a moment to lose,” said Rick Searcy, CEO of FareCompare in an ABC News report, cautioning travelers, “Holiday flights are going to be expensive.” Searcy believes that prices will be up to 70 percent higher than normal pricing, depending on routes, and those looking for direct flights can expect up to a 20 percent premium price.

So when to buy?

Those who have not bought flights for Thanksgiving travel are already too late for the best pricing. Looking at Christmas travel, Searcy suggests buying before November 10 for the best pricing and consider traveling during off peak times.Other ways to save on airfare?

Try a travel agent- Expect to pay a fee of $20 to $50 per person on top of the airfare but that fee can quickly become a great investment if a travel agent finds great flights at a lower price in less time than we might invest on our own surfing websites.

To get the best results with a travel agent, have very specific but flexible travel plans. Establish what agents call a “travel window,” basically a period of time within which you are able to fly. Note the time you need on the ground for holiday plans and throw in any hotel, car rental or other needs at the destination.

Also, send along past guest/frequent flyer numbers and available points to that agent to have on file and take advantage of if possible.

Pay attention to airline promotions- I got one today via email from American Airlines doubling miles every time I fly on American Airlines, American Eagle or the American Connection carrier from November 16, 2012, through November 26, 2012. Those miles might mean a lot to me and swing my vote toward American if two options come up roughly equal.

Regardless of what airline we fly, what airport we use or when we go, it’s clear that this year prices will be up and availability down as airlines trim fleets to fly full planes.




[Photo Credit- Flickr user matt.hintsa]

Still Have Unused Vacation Days? Fall Is A Great Time To Use Them

by Jessica Festa on

According to the most recent American Express Spending & Saving Tracker, U.S. employees have an average of eight unused vacation days this fall. Not only that, but 38% of workers are expected to lose them completely. While some people don’t know they can use them this late in the year, others are stressed out with work and don’t know if they can take the time away from the office.

“Many workers get caught up in their busy schedules, and before they know it, the year is winding down and they think it’s too late to use their vacation days. The truth is, it’s not too late,” Lesley Trudelle of American Express Travel explained to Gadling. “Others can feel they have too much going on to allow themselves a vacation away from work and everyday life, but it is so important to allow time away from your desk to de-stress.”

In fact, a study done earlier this year showed nearly 60% of workers said losing paid vacation time decreased their well being. Additionally, subjects reported feeling revitalized, energetic and more productive after using their vacation days. If you still have some left, know autumn is a great time to use these unused vacation days.

Why Use Them Now?

Because fall is shoulder season in most places and there are fewer crowds, travelers can take advantage of more deals. It also tends to be less expensive, allowing you to take advantage of luxurious amenities for a discounted price. Weather can be more reliable, with less rain, lower temperatures and less humidity. Although November is still fall, in many places it’s not even considered shoulder season but off-season. This means you’ll enjoy quick service, quieter sightseeing and cheaper travel, many times by hundreds of dollars.How To Make The Most Of Unused Vacation Days

There are a few ways people can really make the most of their unused vacation days. For one, do a bit of research and look for promotions. Generally, the Caribbean is popular due to its reliable more mild weather and sunny days. It’s also much more private during this time, which can be great if you’re looking for a romantic getaway.

Says Trudelle, “The kids are back in school so the beaches are less crowded for fall travelers, plus resorts are offering amazing savings.”

In Europe, places such as Austria and Scotland are also popular for fall, as these two usually expensive destinations drop dramatically in price.

It can also help to be flexible with your travel dates. Of course, depending on your job you may only have a certain amount of leeway. However, if you have the ability to be flexible, check airfare a few days before and after your expected travel dates. Sites like Kayak and Spirit Airlines even show you calendars so you can see how airfare prices differ from day to day. Changing your booking by one day could potentially save you $100 or more.

Additionally, if you’re really stressed and don’t want to leave the office for too long, think about taking a long weekend. You would only have to use two vacation days, and could go to a nearby destination without feeling rushed. For example, if you live on the east coast on the United States, taking a trip to eastern Canada or the Caribbean is quick and easy.

Where To Go?

The study also looked at the most popular destinations for fall travel. While 37% will be traveling domestically, 7% are planning to go abroad. For those traveling internationally, 32% are headed to Europe, while 29% will be heading to the Caribbean. So, where how should you use your unused vacation days?

“A great fall destination can be different for everyone, as a traveler’s individual personality is more apt in determining the experience they are seeking than anything else,” explains Trudelle. “That being said, I’d say if you can find great deals, exciting events and festivals, activities to enjoy the outdoors, or something to see or do that is exclusive to this season, then you’ve found yourself a great spot for a fall getaway.”

Along with the Caribbean and Europe, one popular option is South America, as fall in the United States is summer over there. You can head to the beach in Brazil, enjoy up to 16 hours of daylight in Patagonia or sunny days with no humidity in northern Chile. South Africa also experiences opposite seasons, with their summer running from mid-October to mid-February, although you’ll usually still end up paying less than you would on flights June through August in November. Experience whale season, go turtle tracking, take part in a safari, hike through Table Mountain National Park or just relax at one of the many spas. And for those looking to get away from the warmth and enjoy crisp weather, head to Utah or Colorado for their ski season openings.

If you want to do something fall-inspired, there are a few domestic destinations for U.S. travelers. Head to Napa Valley and experience the tail end of their fall harvest. There are still various events happening in the upcoming weeks, like Flavor! Napa Valley, B Cellars: Harvest Celebration and the Napa Valley Film Festival with wine and food tasting.

In Arizona, the weather cools down dramatically in November but still ranges from around 49 to 75 degrees Fahrenheit, depending where you are and what time it is. It’s a great time to explore the Grand Canyon, Oak Green Canyon, Saguaro National Park and other places of natural beauty while not having to deal with unbearable heat. There are also numerous festivals at that time, including the American Heritage Festival, American Indian Heritage Festival, Arizona Wine Growers Festival at The Farm, ArtFest of Scottsdale and more. Click here for a full listing.

And, if you want to get really festive, head to birthplace of Thanksgiving, Plymouth, Massachusetts. You’ll be able to catch the end of the cranberry harvest season and tour some local farms. Additionally, the area is home to many scenic spots like Ellisville Harbor State Park, Pilgrim Memorial State Park and the nearby Ames Nowell State Park. Those interested in history will have much to discover. You can visit The Jabez Howland House, an original 17th-century two-story house where pilgrims once lived, the 1749 Court House and Museum, which is the oldest wooden courthouse and longest used municipal building in America and the Alden House Museum, where you can learn about John Alden and Priscilla Mullins who arrived on the “Mayflower” in 1620. Event-wise, Plymouth has much to offer in November, like all-day tours and tastings at the Mayflower Brewing Company, a delicious journey into the past at Harvest Dinner with the Pilgrims, a deeper look at local production with the Cranberry Bog Tour and a parade and feast at America’s Hometown Thanksgiving Celebration.

[Images via Shutterstock]

Free Parking In Chicago And Everywhere Else

by Dave Seminara on

I won’t think twice about spending thousands of dollars to travel across the globe, but ask me to pay $20 to park my car and I’ll reach for a barf bag. It’s one thing to splash out on a nice hotel room, a fancy rental car, meal or a nice souvenir, but quite another to fork over a bunch of my money just to park your car. Even the best parking spot doesn’t taste good, look nice in your house or give you a sound night’s sleep.

But I’ve found that if you’re willing to walk a bit, sometimes quite a bit, you can get a free parking space almost anywhere. Take Chicago, for example. In August, while in the process of relocating back to the Second City, we scored a room at the Hyatt Regency Chicago, just off of Michigan Avenue on East Wacker Drive for just $55 per night on Priceline.

I knew the parking would be expensive and was pretty sure I wasn’t going to pay for it, but I almost burst out laughing when the valet told me their policy: $52 a night, valet only. No chance was I going to going to pay something very close to my room rate just to park our car, so I dropped my family and baggage off and drove due west for a mile across the Chicago River. In River West, a neighborhood filled with condos, I found a free, yes free, parking spot on Fulton St., between Union and Des Plaines.

It was a very pleasant 15-minute walk along the river back to the hotel and I safely left the car there for 2.5 days, saving over $100. I’m not going to pretend that it’s easy to score free parking in Chicago – depending on the day and time you’re looking, it can be quite difficult or relatively easy. And sometimes you feel like you need to consult a lawyer just to interpret all the signs. But the point is that if you aren’t hostage to the extortionate rates that hotels in big cities charge.

Now there are all kinds of apps out there to help you find parking, but I’m old school. I like to just look around. And I don’t just boycott paid parking lots in hotels, either. If I’m going on an extended trip, I look for hotels near the airport that offer shuttles plus free parking, which can save you a bundle. For example, before a three-month trip to Europe this summer departing from Dulles, I found a hotel in Herndon that would let us park there for free for the duration of our trip. Sometimes the cost of the room is cheaper than what you’d pay to park.

And over the last 15 years, I’ve attended dozens of sporting events and concerts at major stadiums and arenas across the country and I almost never pay to park in the designated lots. Some venues are harder than others, but I have never paid to park at the United Center in Chicago, for example. I always park in the residential area only a few minutes from the arena and not only is it free, it’s also easier to exit after the event is over. Most people just follow the flow of traffic right into the paid parking lots but don’t follow the crowd. Go your own way and park for free.

[Photo by Alan Cleaver on Flickr]

Memories Of Aleppo, Syria

by Sean McLachlan on


I pulled into Aleppo, Syria, on January 10, 1994, and had a hard time caring that I was in one of the most historic cities of the Arab world. I was in the grip of a bad flu courtesy of a combination of a desert hike and an air-conditioned bus ride. I barely looked at the sleek minarets, medieval citadel and bustling markets. All I wanted was a bed, medicine and solitude.

Grumpy and harassed, I elbowed my way through the crowd of Russian prostitutes and smugglers who seemed to dominate the neighborhood around the bus station. Hotel after hotel was full. I was feeling weaker by the minute. Then I came to the Hotel Syria and was greeted by the manager Sali, a thin man with excellent English, graying hair and a ready smile. He took one look at me and tut-tutted.

“You shouldn’t be traveling in this condition. Come in and I’ll get you tea.”

“All I need is sleep,” I replied.

“Rest, I’ll bring you tea.”

I remember nothing of the room I collapsed in, or indeed anything else about the Hotel Syria. All I remember is Sali. Bringing me tea. Bringing fruit form the market. Bringing me medicine from the pharmacy without my asking.

“No, keep your money. You are a guest. Not like those Russians. They spend four days on the bus to come here and only cause trouble. I’m going to buy some disinfectant and spray them when they come through the door.”

%Gallery-168005%I was soon on the mend and out exploring Aleppo. From the citadel I could see the city spread out to all horizons, minarets pointing to the sky and chemical factories belching poison in the distance. In the evenings I’d return and sit with Sali drinking tea and recounting my day.

The best days were spent in the famous souk, once the western terminus of the Silk Road and one of the best preserved in the world. I wrote in my journal that it was “everything Westerners think of when they think of bazaars. A low roof arches over smoky stalls selling spices. Trucks and donkeys jockey for position in crowded alleys. Everything is for sale here: spices, clothing, sweets, all kinds of fruit, shoes, rope, gold jewelry, silk, dishes, pipes, toys, cigarettes, nuts, tea sets, gravestones, tiles, soap, leather, perfume, brooms, combs, juice, wedding dresses, etc. I saw no tourists.”

As I wandered down one of the little streets, two men in a tiny silk stall on a corner called out to me, “Where are you from?”

“Canada.” I replied.

One of them brought up two fingers in front of his eyes and brought them together, saying, “I crush you.” A “Kids in the Hall” reference in Syria?

I had found the famous Mohammed brothers. I’d heard about them a month ago in Turkey from other travelers. These nine brothers were the queens of the souk, flamboyantly propositioning passersby and grilling foreigners for pickup lines and dirty words that they carefully entered into a little black book.

They weren’t really gay (I think) they just found it fun. As we sat in their stall drinking tea they told me, “You nice, but no gay. Want to go to Turkish bath?”

“I think I’ll pass.”

“Too bad,” one said, then turned to the crowd to call out in English, “I love you! You nice!”

An old guy tottered past. One of the Mohammeds turned to me.

“He not nice, maybe 50 years ago.”

Back in those days no tourist made it through Aleppo without meeting these guys. They had a constantly growing photo album of their guests, including pictures of people I’d met weeks before. The whole Mohammed family owned eight shops (“we’re mafia”) and basically ran the street. That didn’t stop them from occasionally getting in trouble from Syrians who didn’t like their queer routine.

Now their shops have burned to the ground along with the rest of the souk, victims of the fighting between insurgents and soldiers of the Assad regime. The Mohammed brothers can no longer sit behind piles of silk propositioning Arabs in English and expanding their dirty vocabulary with the help of a steady stream of bemused foreign guests.

What happened to them? Are they hiding in their homes waiting for the storm to pass? Are they among the crowds of refugees fleeing to Turkey? Or did their sense of fun finally catch up with them and they fell victim to the Islamists who have joined the ranks of the insurgency? And what happened to Sali? He was old enough that he might have mercifully died before his world fell apart. If he still lives he’s in his 70s, and a war zone is pitiless on the elderly.

One of the affects of travel is that these places are no longer abstract images on the news. They’re real, with real people who are suffering real hardship. Perhaps if Sali had nursed Obama and Romney back to health, or if the two candidates had sat for a time sharing tea and dirty jokes with the Mohammed brothers, the sufferings of millions of Syrians would be a burning issue in this election.

Perhaps our leaders should get out of their political bubble and travel more.

[Photo courtesy Luigi Guarino]