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3 Tips That Can Cut Your Travel Costs in Half

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Travel costs are higher than ever right now, but that doesn't mean you have to sacrifice the vacation you want. By following some simple steps, you can find ways to save on travel, and bring your dream vacation into reach.

In the following video, Motley Fool investment planning editor Lauren Kuczala talks with longtime Fool contributor and financial planner Dan Caplinger about how to save on your next trip. Dan notes that the travel industry has grown reliant on income from fuel surcharges, baggage fees, resort tack-ons, and other ancillary revenue. But by doing research before you buy, Dan shows how you can cut costs on airfare, car rentals, and lodging costs.

One company that's trying to benefit from a recovery in travel is MGM Resorts. When Las Vegas hit a rough patch during the Great Recession, MGM has since turned its attention to a new resort on Macau's Cotai Strip that may relieve the company from crushing debt. For expert analysis on whether this former high-flying stock can regain its form on the back of a growing presence in Asia, you're invited to check out The Motley Fool's new premium report on MGM Resorts. Simply click here now to claim your copy today.

Editor's note: The volume levels in some segments of the video are low. We apologize for the inconvenience.


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Dan Caplinger
TMFGalagan

Dan Caplinger has been a contract writer for the Motley Fool since 2006. As the Fool's Director of Investment Planning, Dan oversees much of the personal-finance and investment-planning content published daily on Fool.com. With a background as an estate-planning attorney and independent financial consultant, Dan's articles are based on more than 20 years of experience from all angles of the financial world.

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