Finding a balance between enjoying your spring break and not blowing through all of your savings is a tight-rope walk of precision. You want to spend time with your friends and enjoy yourself, but you also don't want to have a total breakdown as soon as you look at your bank account when you get home. Learning how to enjoy spring break on a budget is a refined skill, sure, but it's one that you can acquire relatively easily with a few essential money-saving tips.
When it comes to spring break spending, college students reportedly drop a whopping $1 billion cumulatively every year, with spots such as Las Vegas and Cancun lighting up the board as the most desired destinations. The biggest costs for spring break trips are, unsurprisingly, airfare and accommodations, which is a pretty big incentive to actually pay attention to and take advantage of any money-saving hacks out there when booking your travel plans.
Whenever you travel somewhere, you should always factor in a few hundred dollars for the unexpected. You never know when a flight is going to get cancelled, or a hotel is going to be overbooked. Even if you don't end up spending that extra money, it doesn't hurt to create your budget with room for an emergency, and then move backward from there.
You should always have an idea of how much you want to spend before you make any decisions about where you're going and for how long. For example, if your friends want to take a trip to Key West, you should be prepared to spend around $1,600, according to a 2016 report from CBS News.
Once you have a budget, the key is to stick to it and be smart. Here are nine quick spring break budget hacks to help you stay true to your financial goals this year for spring break.