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Grow: Save money on holiday travel by booking your car, flight, or train at the right time

The average American household spends nearly 40% of their vacation funds on transportation. Ouch. While we’ll probably always have to dedicate a decent portion of our budget to this expense, making even small tweaks to when we purchase tickets and travel can potentially save a lot.

Here’s how to time airplane tickets, train travel and rental car reservations to spend the least.

Flights

When to book: Most of us shop for tickets on the weekend, when we have free time. But the best deals come up during the week, partly because fewer people are buying then. Airlines employ a revenue management department tasked with tracking real-time supply and demand for flight routes and adjusting fares accordingly on a daily—or even hourly—basis.

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