Editors note: For daily tips on saving money, check out the Centsible Saver blog on newsobserver.com. Amy Dunn writes every day about coupons, saving money and frugal living. Below are recent excerpts from her blog.
Day to day, we pinch pennies. We eat most meals at home, my husband drives an 18-year-old car, we shop at thrift stores more than we shop the malls, and I make our own laundry soap.
Every now and then, we splurge. And its those splurges that make the frugal life worthwhile.
Our most recent big-ticket splurge was a weeklong trip to England to celebrate 30 years of marriage.
We budgeted $5,000 for my husband and I to explore London and take day trips to Canterbury, Stonehenge and Bath.
In the year leading up to our trip, we looked for ways big and small to save money without skimping on the experience. Here are a few of the ways we economized without cheating ourselves out of a good time:
A year in advance:
• Last year, with the London trip on the 2013 calendar, we opted for a weeklong stay-at-home vacation. Savings: an estimated $1,500 to $2,000 on another trip.
• Because we were traveling alone to London, without the constraints of school vacations, we made the decision early to travel off-season. We monitored fares to London for more than a year and knew wed save money by traveling in colder weather. The same flight in May is listed at $1,437 per person. Savings: more than $1,000.
Several months in advance:
• We skipped the bookstore and used the Internet and public library to do our research. We borrowed six or eight guidebooks, getting ideas about what we wanted to see and do, where we wanted to stay and how much everything would cost. Closer to the trip, we ordered the 2013 version of one book to carry with us. Estimated savings: $10 per book.
• Make your passport application appointment early. Procrastination will cost you dearly. It can take up to a month to get an appointment for a passport application. Then allow another four to six weeks for your application to be processed. If youre in a hurry, youll pay a $60 expediting fee and another $12.50 for overnight delivery. Savings on passports: up to $72.50 per person.
• Regularly check plane fares. Flights to London typically start at more than $1,000, but occasionally dip in price. Checking airline websites and kayak.com weekly, we pounced in January when the price hit $915 for flights in March.
• Skip the chain hotels and look for a small locally owned inn. We saved a few pounds and bought ourselves a more authentically British experience. We ended up at a small family-operated hotel in the Belgravia section of central London with creaky floors and a winding staircase as the only access to its 25 rooms. Savings: an estimated $75 per night less than a chain hotel.
A couple weeks in advance:
• Since we were leaving our teen daughter behind with a grandparent, we decided to make the investment in an international cellphone plan. For $30 each, we purchased one-month calling and data plans. When we arrived in London, I turned the phones roaming feature off and used our hotels free WiFi to check email and surf the Web in the evenings. When we returned home, we canceled both plans. In the end, we paid just $4 for peace of mind, a bargain. Savings for canceling early: $56.
• We arranged to park our car off-site near the airport. Several online companies offer this service in cooperation with nearby hotels. The cost was about half the price of the airports $6-per-day park and ride lot and included free shuttle service. We used globalairportparking.com and parked at Cambria Suites, but there are several companies that offer this service.
• We took advantage of many of Londons freebies so we didnt feel guilty when we forked out outrageous sums of money for things like taking a spin on the London Eye, the citys slow-motion observation wheel on the Thames River.
Looking up at the iconic Big Ben, watching the House of Lords debate, watching the changing of the guard at Buckingham Palace, browsing at Herrods department store, walking through Hyde Park and witnessing the spectacle at Speakers Corner were all free.
• We opted to skip the taxi cabs and walk the majority of the time we were in London. If it was too far to walk, we took the tube, which is what Londoners call their subway. For $5 each, we bought Oyster cards, which are reloadable passes that essentially cut your fares by half. At the end of the trip, our $5 card fees were refunded, along with our leftover credits. Savings: Hundreds in taxi fares. About $50 in half-price tube fares.
• We ate our share of fish and chips, devoured Beef Wellington at a 14th Century pub in a little village called Lacock, and even tried the traditional bangers and mash. But sometimes we wanted something a little lighter on the stomach and wallet so we ventured into small corner grocery stores filled with commuting Londoners on their way to and from work. Savings on snacks, sodas and sandwiches: a rough estimate of $100.
In the end, what we discovered was that spending more money doesnt necessarily buy you a richer experience, particularly in another country where part of the fun is learning its culture.
The final tally for our trip: about $1,000 under our original $5,000 budget.
Seed money for our next big splurge.