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Budget-Friendly Vacations for The Whole Family


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May 21, 2023

As Summer quickly approaches, many families eagerly anticipate the chance to unwind and create lasting memories together. However, planning a family vacation on a tight budget can be a challenge. Fortunately, with some careful research and smart choices, affordable summer getaways that offer fun, relaxation, and adventure are within reach. Here are five fantastic yet inexpensive vacation ideas for the entire family.

  • Camping in National or State Park:

For nature enthusiasts and adventure lovers, camping in national parks is an affordable option that allows families to connect with the great outdoors. National parks offer breathtaking landscapes, hiking trails, wildlife sightings, and campgrounds equipped with basic amenities. Camping fees are relatively low, and families can prepare their meals, reducing dining expenses. Additionally, participating in ranger-led activities and junior ranger programs adds educational value to the experience, making it a perfect choice for families on a budget.

  • Beach Getaways:

A classic summer vacation idea, a beach getaway can be a budget-friendly option if done correctly. Look for destinations with affordable accommodations such as campgrounds or cottages near the beach, but not necessarily beachfront. Pack your own snacks, drinks, and beach gear to minimize expenses. Plan your trip during weekdays or shoulder seasons to avoid peak crowds and take advantage of discounted rates.

  • Road Trips to Historic Sites:

Embark on a family road trip to explore the history and cultural heritage of your state or region. Visit museums, historical landmarks, and monuments that offer free or low-cost admission. Choose accommodations strategically, opting for affordable hotels or vacation rentals along your route. Pack snacks and meals to avoid expensive restaurant bills. Road trips allow families to bond while enjoying scenic drives and discovering hidden gems along the way. The flexibility of road travel also enables adjustments to fit any budget or time constraints.

  • Staycations and Local Adventures:

Sometimes the best adventures are right in your own backyard. Plan a staycation and explore your local area like a tourist. Visit nearby attractions, museums, parks, and hiking trails that are often overlooked during the hustle and bustle of everyday life. Take advantage of discounted rates for locals and explore free community events and festivals. Set up a backyard campsite for a night of stargazing and smores. By avoiding the costs associated with long-distance travel and rental accommodations, families can make the most of their budget while enjoying quality time together.

  • House Swaps and Vacation Rentals:

Consider house swaps or vacation rentals as a cost-effective alternative to traditional hotel stays. Many websites such as Home Exchange and Holiday Swap offer platforms for homeowners to exchange residences, allowing families to experience new destinations for little to no cost. Look for properties located near attractions or with access to communal facilities like pools or playgrounds. By saving money on lodging, families can allocate their budget to other vacation expenses such as dining out, entertainment, or souvenirs.

Planning a memorable family vacation doesn't have to break the bank. By considering these affordable summer vacation ideas, families can embark on fantastic adventures and make the most of their budget this summer.

If you would like to receive more information on making smart money moves for your future, be sure to contact us today!


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About the author

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Billy Daniels

Vice President, Private CFO®

A native of Mobile, AL, Billy moved to Atlanta shortly after graduating from The University of Alabama in 2013. Billy joined the oXYGen Financial team as a Vice President in 2019 with 4 years of previous experience in the financial services industry. In his spare time, Billy is an avid golfer, watches as many Braves games as he can, and pulls for his Crimson Tide on Saturdays in the Fall. Billy currently lives in Peachtree Corners, GA with his wife Molly, daughters Margot and Charlotte, and their dog Beau.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice. Investor Disclosures: https://bit.ly/KF-Disclosures

The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor with regard to your individual situation.

Background and qualification information is available at FINRA's BrokerCheck website.

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Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice. https://Bit.ly/KF-Disclosures

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