Oh the economy. How I have grown to despise that word. Even more so since it has been affecting me personally. And while it’s scary- there can be a lot of opportunity as well. If you are feeling the economy blues- it may be time to take a quick vacation to forget your troubles for a few days.

It’s important to look for some bargains when your pockets aren’t as deep as they used to be. Here are some tips for traveling cheap and in style.

Sign up for e-newsletters: As annoying as they can be- signing up for discount traveling sites newsletters can help you save money when you are very flexible on your plans. Updates will come to your inbox informing you of awesome Las Vegas hotel deals, and cheap airplane tickets to Orlando (and more- those were obviously examples).

Sign up for Airline’s e-newsletters and download widgets: Along the same lines as the above tip, many airlines also have a newsletter that will ping you when they have can’t miss deals. Delta and Southwest are both known for last minute deals that can be found by their newletters or widgets. However with those deals you must act fast- they disappear as quickly as they come.

Be flexible: While many places are slashing prices to be competitive others are raising prices to keep afloat. If you are dead set on a location then try to be flexible on timing. For example many hotels are cheaper during the week then the weekend (depending if they are a tourist location- you will find the opposite if they rely on business travelers). If you are set on your timing then try to be flexible on location.

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What is a flashpacker you ask? Wait you aren’t familiar with the term flashpacker? How can you call yourself American! Only kidding of course. I honestly had never heard of the term myself- that is until I came across this article on CNN that peaked my interest.

Apparently a flashpacker is someone who can afford to stay in luxury hotels but instead chooses the alternative, cheaper accommodations such as staying at a hostel. According to the article the term flashpacker has the prefix flash- as in stylish, and packer- which is derivative from the term backpacker. There you go a stylish backpacker. The article also specifically states that you are typically over 30 to be considered a flashpacker, that I don’t agree with- because I actually could consider myself to be a flashpacker. Sure I could afford to stay at a nice hotel but I have sometimes chosen the hostel route in order to splurge  on other things while vacationing.

During a time of economic strife, being a flashpacker is a great solution for many who still want to enjoy a good vacation now and then. I seriously recommend staying in hostels to any and everyone I meet. Plus it’s easy to find yourself getting depressed these days and what better way to freshen your mood then to head somewhere new and forget your troubles for a few days! I bet you come back with a fresh perspective on life.

Check out this blog post I wrote on staying in hostels for newbies. It may help ease your fear and tension.

It’s no secret that the economy is affecting our lives. Things are getting tough, people are being laid off, stocks are plummeting, gas prices are at an all time high, homes are being foreclosed. It’s enough to make even the sanest person depressed. Sounds like a good time for a vacation? I would say so. At a time of so much disparity- wouldn’t it be great to get away from it all? Go on a cruise and just forget all our worries, travel abroad and experience a new culture?

In reality, when the economy falters the first thing to get cut is our vacations. As ironic as this can seem, it’s just the way it is. This reigned true in my situation. I was supposed to be going to Europe next week, but due to financial situations and an unplanned surgery- that trip has gone out the window. While I am sad about this fact it reminds me that while, no I don’t get to go on my Europe trip this year, that things could be a lot worse. We both still have our jobs, which is a blessing considering the industries we are in, and we are able to live comfortably. While there will be no traveling abroad for the likes of us this year, there are plenty of other trips we will be able to make. It’s a scary time for all of us- but as Joe Dirt would say:  “Keep on Keepin on!”