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Families are making plans for Fourth of July road trips, choosing cars over planes for everything from camping weekends to family reunions. Car travel remains the top choice for summer getaways but rising prices have prompted more travelers to look for ways to stretch every dollar, especially when traveling with kids, grandparents and maybe even a pet or two.
Planning ahead can help avoid common road trip pitfalls. Experts say the right approach to budgeting for food, fuel and lodging can make a big difference. Small steps, like prepping for surprise expenses or joining rewards programs or using incentives and offers to help cover part of the cost, can help families save without cutting corners on fun.
Rick is joined by personal finance expert Joe Saul-Sehy, to share practical, family-friendly advice to help make summer travel smoother and more affordable.
Topics:
Why are so many families choosing road trips this Fourth of July?
Road trips can be hard on vehicles, what are some things people can do to protect their investment in their car?
How can families plan ahead to avoid overspending?
What are your favorite money-saving tips for food, gas or hotels?
Are there any tools or programs that can help families save money while traveling?
Where can we go to learn more?
Joe Saul-Sehy is a creator, author and host of ” The Stacking Benjamins” podcast, named “2023 Best Personal Finance podcast by Bankrate.com.” Joe provides personal finance advice on a variety of topics, including major purchases like automobiles.
Thanks to: General Motors and Barclays