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When To Book A Cheap Flight From US To Europe?

When To Book A Cheap Flight From US To Europe?

Experience has taught us that buying in advance can save us a lot of money. Buying the tickets for a music festival in advance, pre-ordering video games or booking a package holiday for that summer in January can actually mean getting a much better price. Encouraged by these facts, we often seek a chance to pay less. Buying a plane ticket on the day of the flight can cost you a little fortune. That is why we often tend to book our flights well in advance. Believe it or not, in some cases, that can cost us the same amount of money that we would pay on the day of the flight, if not even more. Booking a flight from the US to Asia, South America or Africa can cost you much more if you book it in advance. However, when flying from US to Europe, booking a flight in advance is always cheaper than buying a ticket on departure day.

Range of fluctuation

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    If you think that booking your flight a year in advance is the lowest price you can get, think again. According to some surveys, the average price for a flight from the US to Europe differs by $256 from the first day the company offers the ticket to the day of the departure. So, when is the best time to book your cheap flight? If you are planning to fly from the US to Europe, this is what you should know: the price of the ticket on the first day of the offer is, on average, cheaper than the price on the day of the flight. This basically means that you will get a better price if you book your flight 350 days before the departure.

    But… this price is far from the cheapest and booking your cheapest flight is all about timing.

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    When is the best time to book a cheap flight from the US to Europe?

    Due to the fact that every flight from the US to Europe will cost you less if booked in advance, you must be patient and wait for the best possible offer. That offer, according to certain surveys, will come 53 days before the departure. So if you booked the ticket on the first day it was offered, you would pay, on average, 15% more than the cheapest price. Let’s say that the airfare on the first day of offer is $1200. Every next day until the last week, this price will be lower than $1200. However, this doesn’t mean that the price of the ticket will decrease every next day. For example, 250 days before departure, the price will be less than $1100, 125 days before the day of the flight, the airfare will be more than $1100 but less than the first offer of $1200. 53 days before departure, the price is the cheapest and it will cost less than $1050. Every next offer will be higher from $1050 and on the last seven days, the airfare will increase each day. On departure day, the cost will be around $1300.

    Airfare discounts

    Another way to get cheaper airfares are discounts. Some of these discounts are provided by air companies through loyalty cards. The more you are using the services of one Airline Company, the bigger the discount. Usually, these discounts are earned by the miles you traveled with them. There are more perks that you can gain with loyalty cards than just discounts – no waiting in the lines, more room for your bag, better seats, and various other offers.

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    Travel like a pro

    guilina airport

      People usually think that traveling to far-off destinations is a trip that requires carrying too much baggage. You can save money by traveling like a pro however and bring only the necessary items. Find the perfect messenger bag which can carry your laptop, documents, personal items and other necessities. Dress in comfortable clothes, bring your headphones and enjoy your flight.

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      Book your flight on time, chose a company, get their loyalty card, and enjoy your flight. Whether you are on a business trip or on holiday, have fun with your smart buy.

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      Katarina Milovanovic

      Creative Writer

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      Published on November 11, 2020

      10 Best Ways to Save Money Faster and Smarter

      10 Best Ways to Save Money Faster and Smarter

      People love to talk about budgeting, reducing spending. and investing. But unfortunately, talk is cheap, and poor money management is expensive. It’s easy to talk about the best way to save money, but putting it into practice is a different thing.

      What people need to talk about is the practical and efficient ways you can quickly save money to accomplish your goals. After all, they don’t teach this stuff in school.

      Here are the 10 best ways to save money faster and smarter.

      1. Cancel All Your Subscriptions

      Yes, all of them.

      Okay, you can keep your wifi and trash. But other than that, cancel all your monthly subscriptions for one month. You will survive, I promise. Better yet, you will realize you won’t miss all of them.

      Now that you have had 30 days to examine what you really missed and what you never thought twice about, you can add some of them back in. The others? you never have to think about them again.

      This is something you can and should do with every part of your life. If it’s clutter, cancel it. Being able to step back and see what is cluttering your life and what is excelling your forward helps improve your quality of life and financial standing.

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      2. Automate Savings From Your Paycheck

      Many of us are so excited about getting a new job that we rush through the paperwork during the hiring process. Good news for you, I have had lots of jobs so I have seen it a million times.

      There is an option for a portion of your paycheck to go directly into a secondary savings account. This is by far the most effective way to save money every month. We tend to spend most of what we have. So, if we take it off the top first, then it’s less likely to be spent. Just head over to HR and ask. It will only take two minutes.

      3. Cancel the Happy Hours for the Rest of the Pandemic

      We are in the middle of a global pandemic, which means that there is no better time to buy some drinks from the local store and stop shelling out $5 a drink at the local cocktail bar. When we look back at our bank statements, we are always shocked that fast food and alcohol can add up so quickly. You can easily save a couple of hundred dollars just by taking this step.

      A great exercise is to print out your last bank statement and highlight all the areas of alcohol and fast food. The amount may surprise you and make you think twice about that old fashion.

      4. Online Grocery Shopping

      Some people think online shopping increases the amount they spend. For the most part, I would agree—except for this category.

      Online grocery shopping is now a no-brainer, though. Whenever you walk through a grocery store, two things always happen: you always grab impulse items, and you never know the total of your cart until you checkout. This means that we always spend more than we originally planned.

      With online shopping, you can see your total as you add items to your cart. You are way less inclined to make those impulse purchases and because of that, I would venture to say that you could even pay to have them delivered to your door and still save money each month by choosing online grocery shopping.

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      5. Get a Famzoo Debit Card

      This is something my wife and I swear by, and it’s great for the entire family! Famzoo strictly exists to help families and kids budget their money better. Each month, my wife and I have an allotted amount loaded onto our pre-paid Famzoo debit card. This amount has changed every year depending on promotions, kids, stage of life, etc.

      The important part is that when you give yourself the freedom to spend a certain amount, you are more likely to only spend the allotted amount. Think of it as a diet. If you are counting calories, you are more likely to stick close to the amount you set. You can also look for some tips online to better stick to your family budget.

      6. Purge

      This is actually my favorite to do, and it is actually one of the best ways to save money. Raise your hand if you have ever moved. Okay, so everyone.

      When we move, we are always amazed at how much junk we have acquired. I have found that about every 6 months, I can find a couple of boxes to sell online of things that we never use. This not only gives you so extra quick cash, but it also keeps your house more tidy and organized.

      Now, go clean out that garage!

      7. Amazon Subscribe and Save

      32! That is how many items I have setup on amazon subscribe and save. Let me explain.

      This sounds expensive, I know. But it actually saves us hundreds of dollars per year! We all need toothpaste, shampoo, razors, laundry detergent, toilet paper right? This feature is truly a triple threat. When you have more than 5 items on subscribe and save, you automatically unlock the max savings for every product on your list. This can be up to 20% per item!

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      Now, even better is that it ships straight to your door on the exact day you want the item, maybe monthly or maybe you only need it every 4 months. This way, you never have too much or never run out. Either way, it’s totally customizable.

      Lastly, there is no contract for any items, which means you can switch brands or items at any given time at no cost. My advice: every single staple item should be on your subscribe and save.

      8. Rewards

      This may ruffle some feathers, but if you are using your debit card for purchases, you are missing out on free money! We have this notion that credit cards are evil but in reality, they are the same piece of plastic as your debit card.

      How you use it can be bad, don’t get me wrong. But if you want my opinion though, ditch the debit card and get a rewards credit card. Use it just like you would your debit card and make sure to pay it off as soon as the statement comes in!

      Just to give you an idea of how powerful this can be in terms of money, here are some things that our miles have paid for:

      • 4 nights in Vail with Flight
      • Rental car in Vail (convertible might I add)
      • Flight to Ireland
      • Flight to Hawaii
      • Multiple staycations at very nice Hotels

      That’s roughly about 7 thousand dollars in travel expenses so far! Remember that the credit card is just a tool and can be one that benefits you if you use it wisely. Ironically, this can be an effective way to save money.

      Pro tip: If you don’t trust yourself carrying around a credit card, then set up all your monthly bills with your credit and leave it in a drawer at home. This way, you rack up miles but don’t get tempted to overspend.

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      9. Vacation With Friends

      Now, I know travel is hard right now but what a perfect time to go grab an Airbnb in the woods with a couple of friends and detox from the world right now!

      Vacationing alone can be pricey and get rather boring quickly, but if you split lodging and set out for a road trip, it can become affordable quickly! For a couple of hundred bucks apiece, you can have one of the most relaxing vacations ever. Don’t forget to pick up your food at the local grocery store to avoid eating out every meal!

      10. Make a Budget

      When is the last time you updated your budget or made one for that matter? Making a budget is like writing down your goals. If you don’t make a budget, then you will struggle to save.

      How can you know if you are spending wisely if you are not tracking everything?

      Our advice would be to get a finance app like Mint, Every dollar, or personal capital. All these apps are free and do a tremendous job of tracking spending and budgeting. I still am old-school and have an excel spreadsheet which I do highly recommend.

      Work Smarter, Not Harder

      The entire goal is to boost your bank account while reducing the effort required. Efficiency is the name of the game, and automation is the key player. Luckily, we live in a world that has more perks than we can ever take advantage of. But if I were to choose a few, it would be the ones above.

      Taking on all 10 of these steps may seem a little daunting. You can first try to pick three of your favorite and start there. Saving money doesn’t have to be a chore as long. As we use the tools correctly, it can be quite effortless. And now, you have a great blueprint to get started!

      More Tips on Saving Money

      Featured photo credit: Sharon McCutcheon via unsplash.com

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