Investopedia

Staycation

Dictionary Says

Definition of 'Staycation'

A vacation spent at or near your own home, rather than traveling to another location. People take staycations for many reasons, including but not limited to, saving money, avoiding travel, and taking advantage of and enjoying what is available in their own city.
Investopedia Says

Investopedia explains 'Staycation'

As fuel costs increase, travel to distant locales becomes increasingly more expensive. These higher travel costs are the reasons that some people choose to staycation, rather than vacation. Setting up a tent in the backyard, could be just the rest and relaxation that is needed, and is an economical solution to traveling by car to the nearest national park or recreation area.

It isn't just fuel costs that make people not want to travel. Threats of terrorism, has made international travel much more agonizing, as vacationers deal with added security, long lines and new visa requirements. A romantic evening in a hotel just down the street from a couple's home, could be a lot less stressful than planning and taking that holiday abroad.

Articles Of Interest

  1. Budget Without Blowing Off Your Friends

    With a little planning, you can maintain your social life without breaking the bank.
  2. Getting A Grip On The Cost Of Gas

    Feeling overwhelmed by rising oil prices? We offer some tips that will save you money.
  3. The Advantages Of Vacation Insurance

    With a few simple policy additions you can protect your holiday plans from being ruined.
  4. 7 Ways To Save On Summer Getaways

    Find out how to have a fun and budget-friendly summer adventure.
  5. 3 Money-Saving Cruise Ship Tips

    Many cruise costs are fixed, but it's the little extras that will put a big dent in your pocketbook.
  6. Travel Tips For Keeping You And Your Money Safe

    Take precautions to avoid being taken advantage of on your vacation.
  7. Timeshares: Dream Vacation Or Money Pit?

    This popular real estate product has its advantages, but don't expect to make a profit.
  8. Women: Invest In Your Financial Literacy

    Learning about money may seem intimidating, but it's not as hard as it looks.
  9. Browser Extensions That Save You Money

    There is a widening range of online tools that have been designed to help citizens save their hard-earned money.
  10. 5 Painless Ways To Save More Money

    Saving money can be a chore, but these tricks put money in your pocket with no effort at all.
comments powered by Disqus
Marketplace
Hot Definitions
  1. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.
  2. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.
  3. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.
  4. Icarus Factor

    The term Icarus factor describes a situation where managers or executives initiate an overly ambitious project which then fails. Fueled by excitement for the project, the executives are unable to reign in their misguided enthusiasm before it is too late to avoid the failure.
  5. Angelina Jolie Stock Index

    An index made up of a selection of stocks from companies associated with actress Angela Jolie.
  6. Consequential Loss

    The amount of loss incurred as a result of being unable to use business property or equipment.
Trading Center