Combat holiday travel cost with expert savings tips

InvestigateTV - A new study by NerdWallet shows people are expecting to spend around $1,500 on holiday travel this year and 66% plan to put that travel expense on a credit card.

Sally French, a travel expert with NerdWallet, shared several strategies to combat the cost this season:

• Book your travel on less busy travel days: Domestic airfare for Thanksgiving travel is 17% cheaper if you wait until Monday to fly home versus Sunday.
• Begin saving now for holiday trips
• Make a plan to pay off travel debt if you plan to finance it with a credit card
• Use travel credit cards and rewards points to your advantage 

The same study shared ways consumers are planning to trim travel expenses. They include: 

• Driving instead of flying
• Staying with friends and family instead of hotels
• Using carry-on luggage to avoid baggage fees 

You can read the full study for more cost saving tips.

Copyright 2022 Gray Media Group, Inc. All rights reserved.