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Skimm Money: Summer Travel, Freelance Gigs, and Work Benefits

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Summer Travel 

If you’ve been dreaming of a European summer vacay, get ready for some expensive news. Fares for international flights are up 30% this year (thanks, inflation). Plus, with demand for travel staying strong, experts say prices probably won’t come down anytime soon. If breaking the bank this summer isn’t in your plans, you’re not alone. Even wealthy travelers are looking to trim their vacation budgets. But there are ways to satisfy your wanderlust without draining your bank account.

Your move: 

  • Be flexible. Bucket list travel destinations can cost more, so being open to nearby destinations could help you save. Ex: Paris may be your dream destination, but flying to London and hopping on a train could make your trip considerably cheaper.

  • Get your timing just right. Don’t wait until the last minute to book your flights. The Goldilocks window for the best flight prices is two to eight months before international trips. So, if you want to travel abroad this summer, start planning ASAP. 

  • Use points and miles. Travel rewards can help shoulder the costs of your vacation, and they’re not always difficult to earn. With the right travel credit card, you’ll be booking free or discounted flights before you know it.

for the group chat

Gen Z is beating millennials…

In the homeownership game

Freelance gigs are on the rise…

These five actually pay well

What’s better to have and not need, than need and not have?

A prenup.

Docs are signed and keys are in hand. The hard part of homeownership is over, right?

Not so fast. Meet your HOA overlords.

Highs and Lows

Got a 20% off Bed Bath & Beyond coupon? You have until tomorrow to use it. After failed efforts to turn around the company’s finances, Bed Bath & Beyond filed for bankruptcy on Sunday. The company plans to liquidate its assets and close up shop for good unless it can find a buyer. Bed Bath & Beyond’s stock is down 88% this year and is currently trading for under $1 per share.

5-minute money tip

woman checking statement while young daughter plays

Take advantage of *all* your work benefits.

Because you might get more than just medical, dental, and vision. And you could be missing out on some seriously good perks. According to one DEI executive, there are three benefits, in particular, women tend to overlook: 401(k) match, expense reimbursements, and childcare benefits. Here’s how to make sure you’re not leaving free $$$ on the table.

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