HOW TO save on your summer vacation

Can you believe it's May already?! That means summer is just a few short weeks away.  If you haven't made your plans yet there's still time to benefit from Parents magazine's money-saving vacation pointers.  I've already enlisted a few of them in planning my family's whirlwind tour of So Cal's theme parks.  Here are a few of my favorite tips:

Rent Lodging from the Owner
Score a deal by seeking out by-owner rentals when you need overnight digs -- and be ready to negotiate. "With people not traveling as much this summer it's a great time to call up the owners of vacation condos or mom-and-pop type hotels to ask for a deal," says Ellie Kay, mother of seven and the author of A Mom's Guide to Family Finances. "You'll speak directly with the owner, and because they're used to being full at this time of the year, they're more likely to offer you a discount."

Theme Parks: Go Local
A trip to a theme park doesn't have to include long car rides, flights, and hotels -- chances are your kids (especially younger ones) will be just as thrilled with a great local park. Hit up your park's Web site before you go. Many offer discounts on tickets purchased online, have printable coupons for deals on food, and offer information about reduced fares for afternoon admission, season passes, and group ticket sales.

Give the Kids a Budget
Prevent post-vacation credit card bill shock (and teach your kids a thing or two about budgeting) by thinking about how much each day will cost in advance -- and then giving your kids (over age 7) a reasonable amount of cash as their daily spending money. Let them know they can keep anything that's left over so they'll think about whether or not they really need both the cotton candy and the jumbo lollipop -- or if they can make do with one or the other and pocket the rest. Be clear and stick to you guns -- if the money runs out, that's it. No bailing out your spendthrift kid.

Photo from Parents.com

Contributed by Danyelle, Fairmont Private Schools