3 Tips for Families Traveling Internationally During High Inflation<\/b><\/p>\n
Exploring African safaris. Visiting the Eiffel Tower. Sunbathing\u00a0in Turks and Caicos.<\/p>\n
These trips are ones none of you will ever forget, but they carry even more meaning when you\u2019re with family. Few experiences match globetrotting with your nearest and dearest, but those excursions come with a hefty price tag \u2014 especially when high inflation rears its head.<\/p>\n
Gas becomes more expensive, airfare skyrockets, and suddenly that once-in-a-lifetime family excursion forces you to revisit your budget, as well as the trip\u2019s overall feasibility. According to a 2022 CNBC and Acorns Invest in You survey,\u00a040% of Americans<\/a>\u00a0say they would cancel trips if consumer prices keep rising.<\/p>\n Is this a decision you\u2019re also struggling with? Join the club! But while inflation sits and stays for a while,\u00a0inexpensive international travel\u00a0with the family is still possible. Before you and your loved ones decide to stamp another page in your passports, remember these three tips when\u00a0traveling on a budget:<\/p>\n 1. Check your calendar.\u00a0<\/b>It\u2019s easy to get starry-eyed about international travel. The prospect of pulling up a map, picking a place to go, and then seeing how it fits into your schedule or budget is exciting. But that can be a dangerous game to play, especially if you\u2019re financially responsible for yourself and one or more relatives.<\/p>\n Bring prices down by starting with a flexible range of dates for your trip. Begin with a month or two-week period, then see what prices look like during that window.\u00a0Travel booking tools,\u00a0<\/b>such as Google Flights and Scott\u2019s Cheap Flights, will assign prices to locations, allowing you to pick a destination that\u2019s both cost-effective and conveniently within your family\u2019s budget.<\/p>\n 2. Remain aware of foreign exchange rates.\u00a0<\/b>Money goes a longer (or shorter) way when traveling internationally. Before you and yours pack up for an international adventure, check out the exchange rates wherever you\u2019re going. Is your group headed to Italy, France, or Germany? See how the euro is holding up. Are you on your way to the Outback? Assess how strong the Australian dollar currently is.<\/p>\n Then, look at your budget for the trip and see if it\u2019s still in good shape. Plug that number into Xchange of America\u2019s real-time exchange tracker<\/a> to see how far your money will go in your intended destination. Our quick and convenient delivery model can have local currency on your doorstep with next-day shipping options\u00a0so your family can be ready to spend responsibly upon arrival.<\/p>\n 3. Consider your transportation requirements.\u00a0<\/b>How do you plan to get around when you and your family arrive? Walking everywhere can be the physically taxing \u2014 albeit frugal \u2014 option, but if you decide to drive or ride-share, rising gas prices become a factor.<\/p>\n