Oct 25, 2017

Question of the Day: When is the best time to book a flight to get the cheapest fare?

NGPF has just started a new service: The Daily QuoD (that's Question of the Day in NGPF-speak!). Subscribe to our blog (right hand side of NGPF Blog homepage) and you will receive a new QuoD every weekday during the school ready to use in your classroom. Enjoy!

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Answer (infographic from CheapAir.com): 47 days

 

Questions:

  1. What are the pros and cons of booking a flight early?
  2. Analyzing the graph, how much would you save by booking at the best time (lowest price) compared to the worst time (highest price)?
  3. Do you think this pattern of pricing always applies to flights? Can you imagine a time where this 47-day rule would not apply?
  4. Why do you think airlines adjust their pricing in the way displayed in the graph?

 

Here's the ready-to-go slides for this Question of the Day that you can use in your classroom.

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Let your students plan a vacation in this fun NGPF Project: Plan a Spring Break Trip

 

About the Authors

Danielle Bautista

Danielle is a native of Southern California and a recent graduate from the University of Maine, where she braved the frigid winters—a feat in and of itself—and earned her Bachelor's degree in International Affairs. She has a passion for working with non-profit organizations and serving populations in underprivileged communities. When Danielle isn't writing NGPF blog posts, spearheading various outreach projects, or managing contests and flash surveys, you can find her doing some sort of outdoor activity, learning a new hobby, or cracking what she thinks are witty puns!

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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