My Mom Knows Car Rentals!

I always wondered which parent I got my financial smarts from, and I now I know that my Mom knows a thing or two about saving money.   If you follow her advice, she may be able to help you save a few bucks by doing something simple on your next trip.

When most of us plan our family vacation for a week to another destination in the United States, we typically go about the process of renting a car.   While we may use different websites to find us the best deal on where to rent the car, most people end up renting the car directly at the airport.   That is where the real flaw is in our planning process.

Recently, my Mom took a trip to Seattle.   She compared the weekly car rental prices for Hertz at the airport and at a Hertz rent-a-car location just 15 minutes from the airport.  What she found was astonishing.  The car rental facility was half the price at the location 15 minutes from the airport than it was renting the car directly at the airport. That is how to save money renting a car.

Although a cab ride to the location cost $30 dollars each way ($60 total), and caused a little inconvenience to start the trip, the savings by renting the car at the remote location was about $200 for the week.  If you net out the cab ride, that is a $140 savings by going to the location just 15 minutes from the airport.    It might seem like an inconvenience, but that savings could get your family into one or two attractions for the week, or pay for two to four family meals during the vacation.

I know I have taught my Mom a thing or two about financial planning over the past twenty years.  Thanks Mom for returning the favor!

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Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS®

Co-CEO and Founder oXYGen Financial, Inc.

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oXYGen Financial, Inc. co-CEO Ted Jenkin  is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.

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About the author  ⁄ Ted Jenkin @ Your Smart Money Moves

Ted Jenkin @ Your Smart Money Moves


My friends and family all think I’m a workaholic, but I say I’m just a guy that loves to help people do better in life.

My mother is still the only one that calls me by my real name Theodore Michael, my wife calls me Teddy, but for the rest of you it is just plain old Ted.

Ever since I was a little kid, I always loved money and being an entrepreneur. In fact, I still have cassette tapes of me talking to my grandmother at the age of five and my mother tells me all the time how much I played with money as a kid...

Read More About Ted Here

Ted Jenkin is a frequent guest columnist for the Wall Street Journal and Headline News Weekend Express. He is the co-CEO of oXYGen Financial. You can follow him on LinkedIn @ www.linkedin.com/in/theceoadvisor or on Twitter @tedjenkin.

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

The opinions expressed in this commentary are those of the author and may not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations for any individual. It is suggested that you consult your financial professional, attorney, or tax advisor regarding your individual situation. 

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  • Avatar
    April 22, 2010

    You pay for convenience, I guess. I would certainly opt for the savings, though.

  • Avatar
    May 21, 2010

    You pay for convenience, I guess. I would certainly opt for the savings, though.

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