When you’re travelling within your own country or internationally, flights are the quickest and most convenient way to do it. Unfortunately, they’re also the most expensive since airfares are constantly on the rise.
Whether you use own savings or a personal loan for travel, it makes sense to look for the best deal on flight tickets before anything else. After all, these usually form the biggest chunk of travel expenses!
Here are 7 tips will help you save money on rising airline costs:
- Make Flexible Plans– Leave some wiggle room in your travel dates and timings. Flights tend to be more expensive over the weekend, on Mondays and before/after major holidays. Use a fare calendar to compare airfares for different dates and times of day before booking your tickets.
- Book in Advance – Demand for tickets rises as the day of the flight gets closer, so book early to get the best prices. Use a holiday loan for early-bird bookings rather than waiting until you have enough cash. You’ll save quite a bit, especially if you’re willing to fly at odd times such as an early morning or late night.
- Try Connecting Flights– Direct flights are not always the best option if you want to save money. Instead, look for connecting flights that might get you to your destination at a lower cost. Make sure that there’s at least a 3-hour gap between multiple flights in case of any issues.
- Check All Options– Some flight carriers don’t put fares on travel search engines, only their own websites. Search online to find out which carriers fly to and from your destination, and visit their sites to check the fare. Compare ticket prices from all carriers to find the best deal.
- Book from Carriers– Travel portals and airline search engines can help you narrow down the most economical flights, but check the carrier’s own website for the same flight. Sometimes, airlines offer deals and discounts on their sites that will bring the price down even further!
- Look for Discounts – Whether you book through a carrier or travel portal, always check for coupon codes, cashback deals and special discounts. Many airlines offer discounted prices for students and seniors, but you may also find an active discount coupon by searching online.
- Avoid Extra Fees– Airlines charge extra for meals, checked luggage and special items, so plan in advance to avoid these fees. If you’re travelling light, consider a ‘carry-on only’ fare. If you have bags to check-in, a slightly higher fare could mean not paying extra baggage charges.
If you’re a frequent traveller or need to travel urgently, an instant travel loan or personal line of credit for travel can be very handy. You can use it to pay for tickets, meals and excess baggage, as well as last-minute changes, fees, etc., and then make repayments at your ease when you return from your trip!
Shiv Nanda is a financial analyst who currently lives in Bangalore (refusing to acknowledge the name change) and works with MoneyTap. Shiv is a true finance geek, and his friends love that. They always rely on him for advice on their investment choices, budgeting skills, personal financial matters and when they want to get a loan. He has made it his life’s mission to help and educate people on various financial topics, so email him your questions at email@example.com.