5 Money Tips for Vacationing With Friends

April 18, 2015 8:21 AM

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5 Money Tips for Vacationing With Friends

You love hanging out with some compatible friends or families and you both love to vacation. Why not go on a joint vacation? It can be tricky to navigate trip-planning and financing with others, but you also have the potential to enhance your experience and even save some money. Communication is obviously key to a successful joint vacation, but here are some more concrete tips that will ensure you have a fun, financially comfortable trip together.

It’s important to create an open forum early on in the planning process where each vacationer can disclose how much they are able to spend, which aspects they are willing to splurge on and where they prefer to scale back. Each person or family may have a different budget.

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