How to Plan a Budget-Friendly Retirement Road Trip
Retirement is the perfect time to hit the open road and explore new places. And we’re guessing you want to stay focused on enjoying the trip and not on things like finances. Let us help you make the most of your trip while staying on budget with some tips to save money and travel smart!
Plan Your Route
Mapping out your route ahead of time can help you estimate costs and avoid unnecessary expenses.
- Set A Budget. Figure out how much you'll spend on gas, lodging, food, and attractions.
- Choose Cost-Effective Destinations. Look for places with free or low-cost activities.
- Consider Scenic Routes. National parks, coastal drives, and historic landmarks offer great experiences without high costs.
Plan Your Stay
Lodging can be one of the biggest expenses on a road trip, but there are ways to save.
- Take Advantage of Senior Discounts. Many hotels, motels, and vacation rentals offer reduced rates for retirees.
- Compare options. Check out hotels, vacation rental sites, and budget-friendly rentals to find the best deals.
- Consider alternative stays. Campgrounds, RV parks, or staying with friends and family can cut down on costs as well!
Reduce Your Costs Along the Way
Saving on everyday travel expenses can make a big difference over the course of your trip.
- Join guest reward programs. Many gas stations offer loyalty programs to help you save at the pump.
- Avoid toll roads. Plan your route to bypass unnecessary tolls when possible.
- Pack your own meals. Bringing a cooler with snacks and meals can reduce food expenses.
- Shop local. Farmers markets and food trucks often provide affordable and fresh meal options.
Stay Safe and Smart
While traveling, safety and financial security should also be a top priority.
- Have a roadside help service that can help if you have car trouble.
- Use credit card rewards- Our Founder’s Card earns 2%1 or 1.5% in cash rewards on every purchase, every time.
- Keep emergency contacts handy- share your itinerary with family and friends in case of an emergency and stay in touch regularly with updates on your locations and your plans.
- Set up account alerts and familiarize yourself with digital banking tools so you can manage your money on the go!
These are just some of the things you can do to ensure you have a safe, affordable, and relaxing road trip. Most importantly: have fun!
1You can earn 1.5% cash rewards on purchases. You can earn 2% cash rewards on purchases if you maintain a PSECU checking account and qualifying monthly direct deposit(s) of at least $500. Some exclusions may apply. See the Visa® Founder's Card and Visa® Alumni Rewards Card Rewards Program Terms and Conditions for full details.
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