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How to Find the Cheapest Flights

How to Find the Cheapest Flights

Have you ever experienced this scenario? You’re talking to a friend or colleague about the flights you’ve just booked to some exotic destination for your next vacation, only for them to turn around and tell you that they’ve booked flights to the same destination for hundreds of dollars less! It can be infuriating; just think of all the things you could spend that money on when you arrive at your destination.

This doesn’t have to happen to you ever again! With the tips below you can ensure that you always get the cheapest flights in any circumstance.

1. The early bird saves money.

It’s not really a secret but, as with most things, the earlier you book, the more you can save. The magic number is 60. Prices rise on average about 60 days before the departure date. But don’t book too early. FareCompare research shows that airlines don’t release their cheap seats until about four months out.

2. Being flexible pays off.

If you’re not picky about the exact date that you fly, you could slash a huge amount off your fare. Mid-week flights are less popular than weekends, and Wednesday is historically the cheapest day to fly. Catching the red-eye will also save you a packet. Consider traveling to destinations in their off-peak seasons; his is will vary by location, but a quick Google search usually reveals the answer. Not only will everything be cheaper, but you will get to experience a different side to your destination that most people never see.

3. Size matters.

The nearest airport to you may not be the best one to fly from if you’re looking to save some extra spending money. Bigger and busier airports often have cheaper flights, as there is more competition between airlines and a higher frequency of flights. Compare the price of taking a cheap domestic flight to a bigger airport versus flying straight from your local airport. In my case I was able to fly to another domestic airport for $59, and the international leg was over $200 cheaper from there!

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Try using a website like Adioso to compare the price of flying into different airports near your destination. As you can see below, it was $400 cheaper for me to fly into LA instead of San Francisco–something that can make a huge difference to your hip pocket (plus maybe you could fly to LA and then take an awesome road trip to San Francisco in a rental car).

adioso

    4. Short trip? Save even more.

    Most of the budget airlines charge a low base rate, and then charge for add-ons like checked luggage. If you don’t need to take much with you, you could save quite a bit by only taking carry-on luggage (this is usually included in the cost of all tickets).

    5. Take advantage of historical price data.

    Using some great historical pricing tools like Kayak’s Price Forecast, you can work out whether the ticket price for your flight is more likely to rise or fall. This tool will show you whether to book immediately or if you’re better off waiting.

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    kayak-price-forecast

      6. Compare the comparisons.

      All comparison websites are not equal. Some have access to airlines and fares that others don’t, and booking fees can vary greatly between them. Just because two sites compare flights from the same airline doesn’t mean that the prices will be the same! From experience, there’s no one site that’s better than any other. The one that has the cheapest flight this time may not be next time, so it pays to compare at least two of them.

      Some comparison sites to consider:

      7. Go direct.

      Just as some comparison sites get access to fares that others don’t, there are many special fares that the airlines save for their own customers. I’ve saved hundreds of dollars by booking with the airline direct; signing up to their mailing lists is an easy way to be notified of specials as they come up. Be aware–the really cheap ones are usually limited and go quickly, so be prepared to book as soon as you see them!

      8. Remove pre-selected items.

      Websites often try to make a few extra dollars by pre-selecting certain items and hoping that you don’t notice. Seat selection, various insurances, “green” options are some of the usual culprits and can add $20 or more to your ticket if you don’t un-tick the boxes.

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      finding cheap flights
        photo credit: Doug Waldron

        9. Avoid booking fees.

        Booking fees are fairly standard on most websites (even the ones that say no booking fees will often build them into the price) but you can sometimes avoid paying any booking fees depending on the payment method you use. Payment by direct deposit/bank transfer, PayPal or Poli are often cheaper or free.

        10. Cheap flights can become expensive.

        When looking at budget carriers, make sure you add in all the items you need before comparing the price. Flights that are a little more expensive but include things like baggage or meals may actually end up cheaper by the time you add them on to a budget flight. Also make sure you’re aware of how inflexible some cheap flights can be. If your plans change, or something comes up and you can’t make it, the change fee can often be as expensive as the actual tickets. If you’ve got good travel insurance, this may not be an issue.

        11. Call in an expert.

        FlightFox is a great service that will connect you with travel experts to help find the cheapest flights for your needs. They’ll do the hard work and then tell you how to book the flights, or they can arrange to do it for you. At just $49 it can quickly pay for itself many times over, especially for international or complicated trips (multi-stops, etc).

        12. Use your points.

        Perhaps an obvious one, but if you have frequent flyer points, you can use these towards your flight cost, or to upgrade to a better seat. Many airlines have partnerships with credit card providers where you can earn frequent flyer points for every dollar you spend. It’s a great way to earn points for things you would be buying anyway (groceries, gas, etc.) as long as you pay it off on time.

        13. Get your money back.

        Have you ever been bumped off a flight? Did you know that you may actually be eligible for some compensation from the airline? New website AirHelp can advise you of any potential compensation and help you apply for it. You may even be eligible for a refund if your ticket price drops after you purchase! Another website, Yapta, will track your flight details and let you know if it drops after you purchase.

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        There you have it! Want to save even MORE on your trip? Check out our tips on how to get the best hotel deals, and car rental hacks.

        Do you have any other tips? Share them with our readers in the comments below!

        Featured photo credit: Traffic/Don McCullough via flickr.com

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        Published on November 20, 2018

        The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

        The Best Ways to Save Money Even Impulsive Spenders Can Get Behind

        The truth is, there are many “money saving guides” online, but most don’t cover the root issue for not saving.

        Once I’d discovered a few key factors that allowed me to save 10k in one year, I realized why most articles couldn’t help me. The problem is that even with the right strategies you can still fail to save money. You need to have the right systems in place and the right mindset.

        In this guide, I’ll cover the best ways to save money — practical yet powerful steps you can take to start saving more. It won’t be easy but with hard work, I’m confident you’ll be able to save more money–even if you’re an impulsive spender.

        Why Your Past Prevents You from Saving Money

        Are you constantly thinking about your financial mistakes?

        If so, these thoughts are holding you back from saving.

        I get it, you wish you could go back in time to avoid your financial downfalls. But dwelling over your past will only rob you from your future. Instead, reflect on your mistakes and ask yourself what lessons you can learn from them.

        It wasn’t easy for me to accept that I had accumulated thousands of dollars in credit card debt. Once I did, I started heading in the right direction. Embrace your past failures and use them as an opportunity to set new financial goals.

        For example, after accepting that you’re thousands of dollars in debt create a plan to be debt free in a year or two. This way when you’ll be at peace even when you get negative thoughts about your finances. Now you can focus more time on saving and less on your past financial mistakes.

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        How to Effortlessly Track Your Spending

        Stop manually tracking your spending.

        Leverage powerful analytic tools such as Personal Capital and these money management apps to do the work for you. This tool has worked for me and has kept me motivated to why I’m saving in the first place. Once you login to your Personal Capital dashboard, you’re able to view your net worth.

        When I’d first signed up with Personal Capital, I had a negative net worth, but this motivated me to save more. With this tool, you can also view your spending patterns, expenses, and how much money you’re saving.

        Use your net worth as your north star to saving more. Whenever you experience financial setbacks, view how far you’ve come along. Saving money is only half the battle, being consistent is the other half.

        The Truth on Why You Keep Failing

        Saving money isn’t sexy. If it was, wouldn’t everyone be doing it?

        Some people are natural savers, but most are impulsive spenders. Instead of denying that you’re an impulsive spender, embrace it.

        Don’t try to save 60 to 70% of your income if this means you’ll live a miserable life. Saving money isn’t a race but a marathon. You’re saving for retirement and for large purchases.

        If you’re currently having a hard time saving, start spending more money on nice things. This may sound counterintuitive but hear me out. Wouldn’t it be better to save $200 each month for 12 months instead of $500 for 3 months?

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        Most people run into trouble because they create budgets that set them up for failure. This system won’t work for those who are frugal, but chances are they don’t need help saving. This system is for those who can’t save money and need to be rewarded for their hard work.

        Only because you’re buying nice things doesn’t mean that you’ll save less. Here are some rules you should have in place:

        1. Save more than 50% of your available money (after expenses)
        2. Only buy nice things after saving
        3. Automate your savings with automatic bank transfers

        These are the same rules that helped me save thousands each year while buying the latest iPhone. Focus only on items that are important to you. Remember, you can afford anything but not everything.

        How to Foolproof Yourself out of Debt

        Personal finance is a game. On one end, you’re earning money; and on the to other, you’re saving. But what ends up counting in the end isn’t how much you earn but how much you save. Research shows that about 60% of Americans spend more than they save.[1]

        So how can you separate yourself from the 60%?

        By not accumulating more debt. This way you’ll have more money to save and avoid having more financial obligations. A great way to stop accumulating debt is using cash to pay for all your transactions.

        This will be challenging, depending on how reliant you are with your credit card, but it’s worth the effort. Not only will you stop accruing debt, but you’ll also be more conscious with what you buy.

        For example, you’ll think twice about purchasing a new $200 headphone despite having the cash to buy them. According to a poll conducted by The CreditCards.com, 5 out of 6 Americans are impulsive spenders.[2]

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        Telling yourself that you’ll have the discipline to not buy things won’t cut it. This is equal to having junk food in your fridge while trying to eat healthy–it’s only a matter of time before you slip. By using cash to make your purchases, you’ll spend less and save more.

        A Proven Formula to Skyrocket Your Savings

        Having proven systems in place to help you save more is important, but they’re not the best way to save money.

        You can search for dozens of ways to save money, but there’ll always be a limit. Instead of spending the majority of your effort saving, look for ways to increase your income. The truth is that once you have the right systems in place, saving is easy.

        What’s challenging is earning more money. There are many routes you can take to achieve this. For example, you can work long and hard at your current job to earn a raise. But there’s one problem–you’re depending on someone else to give you a raise.

        Your company will have to have the budget, and you’ll have to know how to toot your own horn to get this raise. This isn’t to say that earning a raise is impossible, but things are better when you’re in control right? That’s why building a side-hustle is the best way to increase your income.

        Think of your side-hustle as a part-time job doing something you enjoy. You can sell items on eBay for a profit, or design websites for small businesses. Building a side-hustle will be on the hardest things you’ll do, be too stubborn to quit.

        During the early stages, you won’t be making money and that’s okay. Since you already have a source of income, you won’t be dependent on your side-hustle to pay for your expenses. Depending on how much time you invest in your side-hustle, it can one day replace your current income.

        Whatever route you take, focus more on earning and save as much as possible. You have more control than you give yourself credit for.

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        Transform Yourself into a Saving Money Machine

        Saving money isn’t complicated but it’s one of the hardest things you’ll do.

        By learning from your mistakes and rewarding yourself after saving you’ll save more. What would you do with an extra $200 or $500 each month? To some, this is life-changing money that can improve the quality of their lives.

        The truth is saving money is an art. Save too much and you’ll quit, but save too little and you’ll pay for the consequences in the future. Saving money takes effort and having the right systems in place.

        Imagine if you’d started saving an extra $100 this next month? Or, saved $20K in one year? Although it’s hard to imagine, this can be your reality if you follow the principles covered in this guide.

        Take a moment to brainstorm which goals you’d be able to reach if you had extra money each month. Use these goals as motivation to help you stay on track on your journey to saving more. If I was able to save thousands of dollars with little guidance, imagine what you’ll be able to do.

        What are you waiting for? Go and start saving money, the sky is your limit.

        Featured photo credit: rawpixel via unsplash.com

        Reference

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