How to Lower the Costs of Travel

Lowering the Costs of Travel
Lowering the Costs of Travel

Everyone loves to travel but not everyone can afford the luxury of time or the monetary costs of journeying through “unchartered” lands. With increasing competition in the travel industry, travel has become more affordable. With a few hours of desktop research, a few calls, and some good old budgeting, one can get ready for that next trip to Dubai. Continue reading

The Risks Of Investing While In Debt

Investing While in Debt
Investing While in Debt

Investing while in debt is a touchy subject for obvious reasons. Some believe that investing while in debt is an effective financial decision while others believe it is counterproductive. Money owed increases with time due to compound interest. With no guarantee of returns, investors who have debt put themselves at risk of bankruptcy. Many may, however, find that waiting to invest presents costs in terms of unrealized profits that could have been made from investments. Continue reading

3 Reasons Why Weddings are So Expensive

Beach Wedding Ceremony during Daytime

Summer is in full swing. While weddings occur all throughout the year, summer seems to be a popular time for two people to tie the knot.

Many of us attend a wedding with the assumption that we are celebrating friends or family, but do we really know the costs behind it all? Weddings have been getting more and more expensive each year. As someone who has been to a number of weddings and is currently planning one, I can tell you 3 reasons why weddings are so expensive.

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Bachelor Party on a Budget

Bachelor Party on a Budget

Weddings have consistently become more expensive in recent years. With flowers, invitations, food, and many other things being a necessity nowadays, costs for a once in a lifetime event have skyrocketed.

With all that being said, the parties that take place before the wedding have also jumped in value. I’m talking about bachelor and bachelorette parties. I recently just got finished planning a bachelor party for a wedding I’m in. I will share a few cost saving tips on how to plan a bachelor party on a budget.

Bachelor Party on a Budget: Tip #1

Drive instead of fly. Flying can be very expensive depending on the location of the trip. Pick a closer location and carpool instead. The bachelor party we planned was just over seven hours away from where three of us were located. We could have each flown, but that would have come with a $300 price tag per person. By driving and splitting gas, we will spend about $200 total.

Bachelor Party on a Budget: Tip #2

Purchase supplies ahead of time. A good plan is often times the key to saving money. By purchasing supplies before the trip, you can plan out your purchases and get everyone on board to split the costs.

For example, buying food at a grocery store before you get into town means you don’t have to scramble at the last minute for food. The same goes for purchasing party favors and alcohol. We purchased our alcohol and breakfast food ahead of time. I estimate we saved about $20 per person by doing so.

Bachelor Party on a Budget: Tip #3

Find fun activities that don’t cost a lot. Although bachelor and bachelorette parties tend to be a destination trip, the activities you do at the destination don’t have to be expensive.

For the recent bachelor party I planned, we spent a night grilling out instead of going out to eat. We had a good time, and we spent a lot less than if we had decided to go to a restaurant.

When it comes to a city all are visiting on a trip, there are bound to be a number of museums, mountains to hike or other free activities you partake in. Not every event has to cost money.

Conclusion:

Bachelor and bachelorette parties are meant to be one last celebration of an individual’s friends. It’s easy to get caught up in expecting something lavish or expensive, but most times all that friend wants is to spend quality time with the people in their life they cherish most.

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