For most students, spring break is a time of relaxation, celebration and fun. Though going to spring break hot spots can result in huge expenditures of money – something many students don't have a wealth of. How can you still have fun on spring break, but avoid going broke?

SEE: 6 Most Expensive Spring Break Vacations

Staycation
Having a staycation essentially means being a tourist in your own city. There are probably many fun things to do in your city that you've rarely or never done. What do visitors to your city do when they come to visit? Visit the local art galleries, museums and tourist attractions. To make it like a true vacation, go to some nice restaurants, have a spa day and make sure to spend lots of time relaxing. To get the very most out of of your staycation, try to avoid answering emails and phone calls that are work or school related. Remember, you might be at home but you are still on vacation!

Road Trip
A road trip is almost certainly going to be cheaper than going on a trip where you'll need to pay airfare. Gather a few friends together and share costs. Be sure to come up with some kind of agreement before leaving about how the costs will be broken up with regards to hotels, fuel for the vehicle and rental costs if you have to rent a vehicle for your journey. Try to stay in hotels that have kitchens so that you can bring food items from home and prepare your own meals. If the weather is favorable and you're feeling adventurous, you could even try camping. (To learn more, read Globetrotting On A Budget.)

Use the Resources of Family and Friends
Do you have family members who work in the tourism industry? Or know someone with a big van you can borrow for that road trip you're planning? Don't be too shy to ask your friends and family for help.

If you have a friend or a family member who lives somewhere exciting or if you have any contacts with access to a timeshare or holiday property, this can help to eliminate the costs of accommodations, which will definitely help to reduce your costs overall. Though staying with relatives might not seem exciting, it could be a great opportunity to sneak in a visit with your family while still having a nice break.

Visit a Cheap Holiday Destination
There are many holiday destinations where you can enjoy an inexpensive holiday. Many of the all-inclusive resorts in Mexico and the Caribbean also offer great packages, so talk to a travel agent and check out what's on sale or browse some travel websites. If you're looking for a beach holiday without leaving the country, try one of the many tourist havens in Florida, California or Ocean City, Md.

Alternatively, if you live near the mountains or in a colder climate, you could always opt for a ski trip. Las Vegas is another great option. You can often get great airfares to Vegas, and the hotels usually offer great weekday rates if you can avoid staying over the weekends. If you are going to visit a holiday destination over spring break, be sure to start planning as far in advance as you can. Airfares and hotels often get more expensive the closer it gets to spring break, especially in locations that are frequented by students.

Visit Your Campus-Based Travel Agency
Many campus-based travel agencies specialize in budget travel. These agents often have access to deals that are targeted specifically toward students. They might be able to hook you up with a student tour group, or perhaps a cheap flight on a chartered aircraft. Chances are these travel agents also know the spring break hotspots, so regardless of whether they'll be booking your trip, it's probably a good idea to at least talk to one of your campus' travel agents to find out what's available and how much a holiday is likely to cost you. (For more, read How Students Can Save When Traveling.)

Get a Last-Minute Deal
If the destination isn't a big deal to you, why not have your passport ready and be prepared to go wherever the sales take you? Sometimes it can be difficult to find a great last-minute deal, especially during times like spring break, but it's not impossible. Just try to keep an open mind, and you should have a back-up plan just in case you can't find anything.

Study
Though this isn't exactly a fun option, it is a practical one. You're sure to have lots of assignments and work that need to get done, and getting ahead of the game now will only make your life easier later on in the term. This option also allows you to save your money now and go on a holiday when the term is over. You might even be able to get a really good deal on a vacation package later on, when there aren't so many students competing for air fares and hotel rooms.

The Bottom Line
A great holiday isn't necessarily about where you go. Remember that you might have just as much fun on a staycation or a road trip as you would on an elaborate (and expensive) vacation in an exotic destination. Look into what your budget will allow before making any holiday commitments.

If you've already got your heart set on your dream vacation over spring break, do your best to start budgeting for it as far in advance as you can. Travel is fun and will definitely add to the overall college or university experience, but it's not worth going broke over. (To help you find a deal this spring break, see Best Places And Sites For Online Travel Deals.)

Related Articles
  1. Personal Finance

    Seven U.S. Destinations You’d Swear Were Overseas

    If you can't stop thinking about safety (or your budget) as you plan your vacation, try these seven very-exotic-feeling places right here in the U.S.
  2. Personal Finance

    Oil Prices Are Down, Airfares Aren't. What's Up?

    Oil is down to $30 a barrel. But consumers are still hit with fuel surcharges on airline tickets.
  3. Investing

    7 Creative Ways to Save for an Early Retirement

    Take note of these out of the box steps you can take towards securing yourself an earlier, more comfortable retirement.
  4. Personal Finance

    5 Places Where Your Travel Dollar Goes Furthest

    The dollar is pretty strong right now, but where is it strongest? Canada? South Africa? Europe? Here are five places to travel to right now on a budget.
  5. Retirement

    Birch Box Review: Is It Worth It?

    Learn more about the convenience of the subscription beauty box industry, and discover why the Birchbox company in particular has become so popular.
  6. Savings

    Solution to Stingy Airline Awards: Cash Back Cards

    Many frequent flyer program members are having trouble redeeming flights. A sensible alternative is to use a cash back card to accrue money for travel.
  7. Personal Wealth & Private Banking

    Women, Invest In Your Financial Literacy

    Becoming financially literate should be on the to-do list of anyone who is not.
  8. Savings

    How to Save Your First $100,000

    Saving your first $100,000 requires the discipline to put money away and control your spending. But just remember – the savings get bigger as you go.
  9. Retirement

    7 Fun Spring-Break Family Vacations for Retirees

    Now's the time to plan a spring-break vacation and bond with the grandkids. Here are seven great family-friendly vacation ideas.
  10. Retirement

    Philippines: A Friendly Country for English Speakers

    Read about one of Asia's top English-speaking countries, and learn about the government policies that have brought English to its students.
RELATED FAQS
  1. Why are most airplane tickets nonrefundable?

    Airplane tickets are generally nonrefundable, because the majority of tickets sold are discount tickets. In exchange for ... Read Full Answer >>
  2. How does a bank determine what my discretionary income is when making a loan decision?

    Discretionary income is the money left over from your gross income each month after taking out taxes and paying for necessities. ... Read Full Answer >>
  3. What is the range of deductibles offered with various health insurance plans?

    A wide range of possible deductibles are available with health insurance plans, starting as low as a few hundred dollars ... Read Full Answer >>
  4. How do I know how much of my income should be discretionary?

    While there is no hard rule for how much of a person's income should be discretionary, Inc. magazine points out that it would ... Read Full Answer >>
  5. What proportion of my income should I put into my demand deposit account?

    Generally speaking, aim to keep between two months and six months worth of your fixed expenses in your demand deposit accounts. ... Read Full Answer >>
  6. How do I use the rule of 72 to estimate compounding periods?

    The rule of 72 is best used to estimate compounding periods that are factors of two (2, 4, 12, 200 and so on). This is because ... Read Full Answer >>
Trading Center