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One of the primary things you dream about as you work towards financial independence is the day you get to travel and enjoy the fruit of your hard work. Most of those fantasies include a tropical beach, a cold adult beverage, and the smell of sunscreen. Unfortunately, many of us become such proficient savers that we have a hard time letting go of the purse strings to actually start spending.
From those that are naturally thrifty all the way to those who are the exact opposite, there is a fantastic solution to help build memories through travel: all-inclusive travel resorts. These resorts were pioneered in the 1950s and have become a go-to solution for honeymooners, beach lovers, and retired travelers. The concept is simple and genius: you prepay all of your travel expenses including hotel, food, beverages, and entertainment when the trip is booked. This allows you the immediate benefit of budgeting your trip months in advance, and, once the trip begins, you can create a game plan to maximize the benefits of having an all-you-care-to-enjoy vacation. As cost conscious travelers, we have some experience and want to share some of the planning tips and tricks to help you understand and maximize the all-inclusive travel experience.
Leverage the ability to price shop and compare on the Internet and booking websites. Don’t forget that most airlines also offer their own travel agent services. Southwest Airlines, for example, does not allow their airfares to be purchased through any of the traditional aggregation sites, so if your city has a Southwest hub, be prepared to book directly through Southwest and their travel sibling Southwest Vacations.
Benefits of all-inclusive travel are lost if you plan poorly and become a victim of upgrade surcharge shock. Areas to pay attention to are:
Yes, it is great to get a $220 couples massage or surf and turf dinner on the beach for what they present as “free”. The catch is that you just need to participate in their sixty minute tour and explanation of their special membership or loyalty program. It is not uncommon for these experiences to last well over three hours and to turn into hardcore sales presentations. Recognize that your vacation time is very valuable, and it may make sense to pass on the perceived free stuff if there is a catch.
Traveling is a healthy spending goal, and one that we encourage our clients to make. The driving force behind that recommendation is that travel can be the gateway into creating lifetime memories for you and your loved ones. You also never know what life event or cultural exposure will spark that great idea or innovation for you or a loved one. So, regardless if you decide that all-inclusive travel is for you or not, try to create a bucket in your long-term goals for traveling and experiencing this awesome world we live in.
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