Audio: Why All-Inclusive Vacations Pay Off

Paying in advance can end up saving money.

By + More

Over the weekend, I spoke with WTOP about why pricey all-inclusive vacations can actually end up saving you money. Part of the reason is psychological: People don't enjoy paying for things. In fact, research shows that it activates the pain centers of our brains. So if we can pay in advance, we might end up enjoying our vacation more. Pre-paying also lets us stick to a budget, since we know how much the hotel, meals, and activities cost in advance. (Of course, you want to make sure to check out the deal and make sure it really does include what you think it does.)

Why All-Inclusive Vacations Pay Off

Subscribe to Personal Finance With Kimberly Palmer