Education Sustainment: Four Strategies for Cutting Costs at Conferences


The business world would not function without conferences. In today’s technological environment, businesses who do not keep up with the latest developments will quickly become obsolete. Most business owners spend as much as $15,000 annually on conferences, and they attend three or more each year.

A typical conference requires a two- to three-day stay in a five-star hotel and has a registration fee of $1,000 to $2,000. It is likely that plane tickets would be required for anyone who lives more than four hours away. Considering the sky-high cost of plane tickets and the sky-high cost of a hotel stay, that may add up to a significant sum of money.

Keep your hard-earned cash and stay on the front lines with these four strategies for financial security.

One benefit of registering early is a discount of up to 25% off the full price of registration. Possible savings of up to $500 off a $2500 conference fee.

You should register with a friend if the conference offers a discount for doing so. Discounts of 10–15 percent are common for those who travel with a companion.

Three Benefits of Making Reservations for Flights in Advance Save up to 75% by booking 3 months to 4 months in advance. The cost of a flight from LAX to ATL, for instance, can range from $300 to $800, depending on how far in advance you book.

There is a 50% cost savings when two people share a hotel room. There are hotels that charge the same amount whether the room is occupied by one guest or two.

The average attendee can save $850 by registering early (and saving $500), bringing a buddy (and saving $200), and sharing a room (and saving $50 per night, for a total of $150). You may save an additional $500 on airfare by booking in advance, bringing your net savings to a whooping $1350.
One should always think ahead of time. In this situation, time is literally money.

I have got a free CD called “Publication Transformation: How to Make your Book your Business,” and I would like to send it to you. You can learn a lot about how to reorganise and promote the content you already have even if you have not written your book yet.

Btw…

In the second place, I would want to talk about the benefits of learning to budget your money and the changes you will notice. How are you tracking your day-to-day, weekly, and monthly spending? Most of us are adults or high school students, so we should have have a ‘financial plan’ in place.

How much will we put in a savings account?
Housing costs (bathing necessities, food, clothing, etc)
How much money do we put into gas every week?
Since eating an apple every day has been shown to reduce the risk of developing diabetes and cardiovascular disease, why waste good money by carrying out the same task every day?

You should already have these, and any other necessities, in place. Imagine for a moment a future in which you are in charge of your debt and can begin doing it immediately.

You probably did not realise this, but keeping your credit card balances under 20% can prevent further deductions from your score. How to figure it out:

Amount That Can Be Charged To A Credit Card = $5,000 Your credit card debt (what you owe) is $1,000.
Divide $1,000 by $5,000 to get 20%

This is helping me a lot, so I am hoping it does the same for you.
If you are confident in your knowledge of credit card finance, read on!
Find out by taking the Credit-ED Challenge! In just 2 easy steps you can become Credit-ED approved.

Do not worry if you do not know anything about personal finance; just take the Credit-ED Challenge.



2022-10-07 13:15:00