1. Get input from everyone involved. Whether it's a family vacation, a road trip with friends or an island getaway with your sweetheart, all people going on the trip should be involved in the planning process. Get feedback from everyone about desired destinations, stops and activities. That way, all participants are equally included and excited.

2. Expect extra costs. There will always be unexpected expenses, just save a little more. For instance, some travelers overlook the cost of required immunizations and travel visas. In case of emergencies, it's also smart to have a store of last-resort cash that can get you a quick plane ticket home and keep you fed along the way.

3. Indulge wisely. Sometimes it's worthwhile to save money on things like hotels by utilizing hostels or couchsurfing because it can enhance cultural experiences and serendipitous interactions with locals. Other things aren't worth compromising quality for a better deal -- especially if it's time for a luggage upgrade. Obviously, the type and length of your trip are key factors, but consider investing in lasting luggage, like Rimowa (www.rimowa.com). Their classic, silver shell suitcases -- made of aluminum magnesium alloy in eight different sizes -- are beloved travel companions. For stylistically inclined travelers, Rimowa's retro Classic Flight Collection combines the look of early-day aviation with modern suitcases.

4. Enjoy "slow travel" wherever possible. Travel bloggers use slow travel to describe relaxed itineraries that are flexible to changes and unique local opportunities rather than glued to tourist hotspots. When former Lonely Planet writer Alex Leviton first visited Paris, she skipped the Louvre and the Eiffel Tower and claimed a park bench in the Luxembourg Gardens to watch Parisian families and couples sailboating. Now an editorial director for the up-and-coming travel site Gogobot, Leviton has permanently tossed the tourist to-do list, always preferring self-indulgent slow travel instead.