Campbell Wealth Management - June 2018

700 S. Washington St. Suite 220 Alexandria, Virginia 22314 (703) 535-5300 CampbellWealth.com

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CampbellWealth.com (703) 535-5300 700 S. Washington St., Suite 220 Alexandria, Virginia 22314

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Reeling In a Summer Catch How Meditation Can Help the Aging Brain What Should You Do During a Volatile Stock Market? Are You Prepared for Rising Health Care Costs? The Best Time to Book a Flight

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Save Big on Airfare With This Simple Rule THE BEST TIME TO BOOK A FLIGHT

I n case you haven’t noticed, traveling is expensive. It can feel like you’re signing away your soul when you sit down to plan a vacation. But when it comes to flights, there’s good news:They’re getting cheaper! According to a 2017 report published by online travel company ODIGEO, long-distance trips across Europe fell 7 percent last year. Luckily, the same trend is reflected inNorth American airlines as they engage in a price war to woo a growing base of ultrafrugal travelers. Still, a $600 summer flight toHonolulu isn’t exactly pocket change. What’s worse, flight prices are slippery; CheapAir.com’s 2017 Annual Airfare Study determined that the fares for any given trip go up or down an average of 71 times, about $33 each shift. When you purchase your flight is nearly as important as where you’re going. But how do you choose a booking window that will maximize your savings?

According to the CheapAir.com study, in which they evaluated 921 million airfares, the best time to book is 21–105 days in advance of your flight, on average. If you want to get evenmore specific, try to book 55–75 days out, and book on a Sunday. Many travelers swear by Tuesday andWednesday bookings, but as Condé Nast Traveler reports, Expedia and the Airlines Reporting Corporation say that Sunday is the way to go, based on data from billions of flights. Tuesday andWednesday are usually the cheapest days to actually fly though. The CheapAir.com study also pinpoints the absolute best windows for specific seasons: 54 days for winter trips, 75 days for spring, 76 days for summer, and 45 days for fall. Of course, these are averages, but if you stick to these rules and check fares regularly on sites like Kayak.com, SkyScanner.com, Momondo.com, and on the handy appHopper, you can rest easy knowing you’re getting close to the best price possible.

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