8 Tips for a Financially Sane Vacation

3. Dial down hotel expectations

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Look for inexpensive hotels through travel sites. If you’re going to use a hotel mostly to shower and sleep, why does it matter whether there’s a mint on the pillow?

You could also check out hostels. These shared-accommodation places aren’t just for college-age backpackers. I’ve had great luck with hostels in three U.S. cities (Philadelphia, New York and Chicago) and two in the United Kingdom (London and Cardiff).

Not everyone is comfortable with sharing a room, but we’re talking seriously cheap lodging — often $25 a night or less. Some hostels provide breakfast and other amenities — such as a free walking tour — and some have private rooms.

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