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Best and Worst Airports for Holiday Delays and Cancellations

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

With the holiday travel season fast approaching, be prepared for a record number of passengers expected to take to the skies across the country. U.S. airlines carried 72.3 million passengers in December 2017, a new all-time high, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).

MagnifyMoney’s research team dug into 10 years of U.S. Department of Transportation holiday flight data between 2008 and 2017 on the 50 busiest airports in U.S. to find out which ones are the worst when getting to your destination on time is the goal.

Holiday travel is defined as flights that depart between Dec. 20 and Dec. 31 each year. A flight delay is when one that arrived at its destination 15 minutes or more behind schedule or was canceled altogether.

Depending on your airport of choice, the potential for flight delays can grow exponentially. We take a look at which airports have the best — and worst — holiday delays and cancellations. We also offer tips on how to handle them if they happen to you.

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Key findings

  • The worst delays are after Christmas. 66% of airports had their worst day for delays after Christmas. Dec. 26 is the most unfavorable day for holiday delays at 44% of airports. Airports with reputations for delays before Christmas include San Francisco International, Ronald Reagan Washington National, Atlanta’s Hartsfield-Jackson International and Tampa International.
  • No geography is spared. Amazingly, airports toward the bottom of the list aren’t just located in the snowy Northeast and upper Midwest. Among the bottom 10 include Oakland International, Salt Lake International, Houston Hobby and Denver International. Among the 10 at the bottom of the list or canceled flights, Dallas/Fort Worth and Raleigh-Durham are two surprises, with about 3% of holiday flights canceled, thanks to occasional ice storms at each airport.
  • The Charlotte hub is the best. Among the major connecting hubs, North Carolina’s Charlotte Douglas International Airport, an American Airlines hub, fared the best, with 75.7% of flights reaching their destination on time over the December holidays. A mere 1.2% of flights were canceled, but beware — the least favorable day to travel out of Charlotte is Dec. 22, which could make getting home for the holidays more challenging for travelers. Atlanta — the world’s busiest airport and Delta Air Lines’ largest hub — came in second among the big connecting hubs, with 74.9% of holiday flights reaching their destination on time.
  • The Newark Airport hub? Not so good. This United Airlines hub, the airline’s third largest based on daily flights, only had 62.2% of its flights arrive on time in the past 10 years, with 4.5% of them canceled, thanks to its location in one of the most congested airspace corridors in the world. Try to avoid flying out on Dec. 27, the airport’s busiest travel day. Following Newark on the list for unfavorable connecting hubs was a bit of a surprise: Denver International Airport, United’s fourth largest, had 64.1% of its flights come it on time.
  • New Yorkers: Fly out of LaGuardia. Flights out of the city’s third airport — ranked a respectable 45 out of 50 for holiday delays — reached their destinations on time at least 75% of the time over the holidays, versus less than 65% at JFK and Newark. LaGuardia, which has strict federal limits on the number and distance of flights, has fewer of the regional feeder flights flown with smaller planes that are more likely to be delayed. Newark, as a major hub for United, and JFK, a major hub for Delta and JetBlue, have more of these flights than LaGuardia. When it comes to the most damaging delay of all – an outright cancellation – LaGuardia fares no better than the other two area airports, with 4% of flights canceled over the holidays.
  • Chicago ranks the highest for holiday delays. If you’re departing from one of Chicago’s two airports this holiday season, there’s about a 40% chance your flight will be late. Only 61.5% of flights departing Chicago Midway arrived at their destination on time over the past 10 years of holiday travel. O’Hare isn’t much better, with only 61.6% of flights arriving their destination on time. But it’s worse when it comes to cancellations, with nearly 5% of its flights canceled the last 10 holiday travel seasons.
  • Hawaii can relax. Travelers leaving Hawaii to see friends and family on the mainland have had it pretty easy, with 84.2% of flights departing out of Honolulu International arriving on time, and a mere 0.5% of them getting canceled, based on our data. Maui is almost as easy, with 83.7% of departing flights reaching their destination on time.

Be prepared for holiday delays

The key word for holiday travel is patience. The nation’s air traffic controllers handle 70,000 flights a day in the U.S., according to the National Air Traffic Controllers Association (NATCA). While the vast majority of flights operate on time, there are situations like weather and aircraft maintenance that can cause delays and cancellations, causing a ripple effect.

Advanced planning and helpful tools won’t stop flight interruptions and cancellations, but they can help you recover more quickly so your holidays aren’t ruined. Below are some concrete steps you can take to help mitigate the damage of a delay or cancellation, making it more likely you’ll arrive at your final destination.

Choose flights deliberately. Early morning flights can be painful, but those flights have better odds of being on time as the plane has often arrived the night before and is already parked at the gate. This gives you much better odds of an on-time departure.

You have rights. The DOT requires all airlines to offer travelers access to their contract of carriage, a document that outlines what they will and won’t do for passengers in case of flight delays or cancellations. CompareCards, also owned by LendingTree, outlined the contract of carriage for the top eight U.S. airlines here.

Check your credit card. That piece of plastic in your wallet can be an invaluable tool when it comes to flight delays or cancellations. If your credit card comes with trip delay reimbursement, you can get up to $500 per airline ticket to cover things such as meals and lodging if your flight is delayed for more than 12 hours. And if your flight is either canceled or cut short for reasons including sickness, severe weather or other covered situations, trip cancellation insurance offered by your card can reimburse you for up to $10,000 for prepaid, nonrefundable travel expenses, including passenger fares, tours and hotels. Some cards also provide access to a concierge service that is ready to help mitigate flight delays or cancellations. Be sure to check your card’s terms & conditions for more details.

Follow the numbers. Travelers can check on an airlines’ on-time statistics and delays at the Bureau of Transportation Statistics or at the monthly DOT Air Travel Consumer Report. There’s also the Federal Aviation Administration’s tracking of flight delays on its air traffic control system command center website. A map shows airport delays by color code and allows you to search for delays by region or airport.

Pick up the (smart) phone. Apps like FlightView,FlightAware,Flight Board,Flightradar24 and FlightStats can not only track the status of your flight, but also give you regular updates if your flight is delayed or canceled. This information can give you a leg up on other passengers if you need to be re-accommodated if your flight is delayed or canceled.

Get notified. Sign up for an airline’s flight status text notifications on your smartphone. You’ll get flight updates that can sometimes be more accurate than those given at the gate. Plus airlines use this tool to proactively rebook your flight in case the worst happens, usually waiving change and cancellation fees.

Membership has its privileges. If you are among an airlines’ best customers’ loyalty program, you can call a dedicated customer service line that tends to be more responsive than regular lines. These specially trained agents can be your best friend when it comes to recovering from flight issues.

This article contains links to CompareCards, another LendingTree-owned company.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

Benét J. Wilson
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Benét J. Wilson is a writer at MagnifyMoney. You can email Benét J. at [email protected]

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How to Save on Back-to-School Shopping

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

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Parents often revel in the calm and quiet that comes when kids head back to school, but they aren’t likely to enjoy the excess spending that also accompanies the back-to-school season. According to the National Retail Federation, parents will set a record in 2019, spending an average of $696.70 per household on children in elementary school through high school.

 

“It was interesting to see the across-the-board increases in spending levels,” said Mark Mathews, vice president for research development and industry analysis with the NRF. “Elevated levels of consumer sentiment, healthy household balance sheets, low inflation and recent wage gains all seem to be contributing to a confident consumer who is willing to spend money on back-to-school supplies.”

If you’re planning a trip to the store before classes start, there are a few ways to curb the spending and save some bucks.

Plan ahead

No parent should set foot out the door for back-to-school shopping without first taking stock of what they already have. Plenty of old supplies from previous years might still be usable, especially arts and crafts items like crayons, pencils and pens, as well as more expensive things like backpacks, lunch boxes and calculators.

Crossing a few items off your list is a good first step when it comes to saving, but learning how to budget is also important. It’s tempting to run down the back-to-school aisle and grab every colorful notebook and snazzy pencil case in sight, but it doesn’t make a lot of financial sense. Create a realistic budget based on the items you actually need, and try your best to stick to it. If possible, do most of your shopping online, since it’s easier to keep a running tally of how much you’re spending as you shop.

Be smart about sales

Although you’re bound to run into many back-to-school sales this time of year, you don’t need to buy 12 notebooks just because they’re cheaper right now. In fact, you shouldn’t assume the sales price is the best price at all, said consumer savings expert Andrea Woroch. Instead, always comparison shop.

“Run a quick Google search online or on your phone to see if another store is selling the same or a similar item for less,” she said. “Most big box stores will price match, so you won’t even have to drive to another store to get the better deal.” For example, Target,Staples and Walmart all have price matching policies.

Clip coupons and shop discount stores

Coupons have definitely made a digital comeback, with countless apps and websites dedicated to listing all your options in one place. “Spending a few minutes looking for coupons can help you get a better discount,” Woroch said. “Use apps like CouponSherpa, for instance. Or, use the Honey browser tool, which automatically searches and applies relevant coupons to your online order.”

Many stores also offer discounts to valued customers who sign up for their rewards program, like Walgreens and CVS, while craft stores like Michaels regularly offer discounts. Don’t knock purchasing basics like paper and writing supplies from the Dollar Tree, either — you might be surprised by what you find, and those types of items are often the same quality wherever you buy them.

Tax advantage of tax-free holidays

On select dates throughout the year, different states offer state sales tax holidays, or days where you can purchase items without having to pay sales tax on them. You can find a full list of the 2019 state sales tax holidays here, but some upcoming ones include:

  • August 18-24: Connecticut, clothing and footwear
  • August 17-18: Massachusetts, specific items costing less than $2,500 per item

Split bulk purchases

You can usually save money by buying certain items — like construction paper, pens, pencils and folders — in bulk, but you can save even more by splitting those bulk items with other families. Not only is this a great way to share savings, Woroch said, but you can earn rewards faster by charging everything on your card and then having the families pay you back.

Redeem your rewards

If you have a cash back credit card, now’s the time to use it. “Most credit cards give you the best redemption value when you opt for statement credit or have the cash rewards deposited into your bank,” Woroch said. “You can set this money aside for back-to-school shopping.”

Alternatively, Woroch suggested checking to see if your particular card allows you to redeem points for gift cards to retailers where you plan to shop.

Use discounted gift cards

Besides redeeming credit card points for retailer gift cards, you can also scour the web for cheap gift cards online. Planning a trip to Target? Scan websites like Raise,Cardpool and CardCash first. These sites buy and sell unused gift cards at a discount, meaning you can save on purchases you were planning to make anyway.

Consider having your kids contribute

Depending on your child’s age, back-to-school shopping might be the perfect time to start having them contribute to their own goods, especially if they earn an allowance or have a job. Talking to your kids about money at a young age — whether about budgeting, saving or spending — will help them develop solid money habits that will pay off in the future.

Parents already seem to be catching on to this idea. “It was surprising to see how much of their own money kids are contributing towards the back-to-school bills,” Mathews said. “Teens and pre-teens will be spending $63 of their own money, which works out to $1.5 billion overall. This is significantly higher than the levels we saw a decade ago.”

Although the news about increased spending on back-to-school supplies may be alarming, these days there are more ways than ever to save. A little ingenuity, resourcefulness and research can go a long way.

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

Cheryl Lock
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Cheryl Lock is a writer at MagnifyMoney. You can email Cheryl at [email protected]

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Survey: Most Americans Have Raided Their Retirement Savings

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

Successfully saving for retirement requires dedication and self-restraint, but more than half the country admits to robbing their future selves in order to satisfy today’s spending needs, according to a new survey by MagnifyMoney. While the economic pressures bearing down on workers today make their actions understandable, the hard truth is that many Americans are turning an already-difficult task that much harder by tapping into their retirement savings early.

Key Findings

  • Approximately 52% of respondents admit to tapping their retirement savings account early for a purpose other than retiring: 23% have done so to pay off debt, 17% for a down payment on a home, 11% for college tuition, 9% for medical expenses, and 3% for some other reason.
  • About 29% say there are some scenarios where it is a good idea to withdraw money early from a retirement savings account.
  • Around 60% of respondents do not know exactly how much they have saved for retirement. Just 40% know the exact amount, while 45% have a rough idea, and 15% have no clue.
  • Almost 25% are unhappy with their retirement savings. 47% are happy with the amount saved, and about 28% are neither happy nor unhappy.
  • Finally, 27% have never thought about how much money they’ll need in retirement.

Why are Americans tapping their retirement savings early?

The two main reasons respondents cited for withdrawing money from their retirement savings are as American as apple pie: home ownership and personal debt. According to the survey, 23% of those making an early withdrawal did so to help pay down non-medical debt, while 17% needed the money for a down payment on a home.

Although the housing market appears to be cooling off compared to just a few years ago, a down payment on a home still requires a significant chunk of change — experts recommend a down payment equaling 20% of the total mortgage to optimize your mortgage payments.

Personal debt, from credit cards to student loans, remains a fixture of everyday economic reality for millions of Americans. In other words, the stressors that cause workers to raid their retirement funds don’t look like they will decrease appreciably in the foreseeable future.

Which Americans are withdrawing money the most?

Breaking down the demographics, older savers are less likely to withdraw money from their retirement fund than younger savers. 54% of millennial savers say they’ve taken an early withdrawal from a retirement savings account, compared with 50% of Gen Xers and 43% of baby boomers. This stands to reason considering that many millennials have now entered the stage of life where they are getting mortgages, starting families and taking on bigger financial obligations while also being decades away from the traditional retirement age. Millennials are also more likely to say that raiding your retirement fund is justified under certain circumstances, as seen in the chart below:

Just one of many bad retirement savings habits

Tapping into retirement funds — whether an employer-sponsored 401(k) or a traditional IRA — before the appropriate age almost always comes with a financial penalty in the form of additional taxes and fees. What is more, you’re diminishing the principle that fuels the compound interest you need to meet your retirement savings goals.

Unfortunately the survey reveals early withdrawals are just one of the many bad habits Americans engage in when it comes to retirement savings. This list of less-than-ideal practices includes:

  • 35% of Americans are not currently saving for retirement. Of those who are, 37% started saving at age 30 or above, and 12% started saving when they were older than 40.
  • 60% of Americans do not know exactly how much they have saved for retirement. Just 40% know the exact amount, while 45% have a rough idea and 15% have no clue.
  • Nearly 1 in 5 Americans don’t contribute enough to their employer-sponsored retirement account to get the maximum company match. Maximizing a company match is one of  your best ways to maximize your retirement savings. Among those with an employer-sponsored retirement savings plan, just 17% of respondents contribute 10% or more of their take-home pay. Almost 5% contribute nothing at all, and nearly 6% are unclear about how much they contribute.

  • Approximately 42% of respondents have made the mistake of withdrawing their entire balance from an employer-sponsored retirement plan when changing jobs without rolling it over – and nearly 15% have done so more than once. A little more than 47% of millennials admit to this faux pas.

The most damning finding of all is that 27% of those surveyed have never thought about how much they’ll need in retirement. And while “ignorance is bliss” may hold true when it comes to some things in life, this expression should not apply to your retirement plans.

Methodology

MagnifyMoney by LendingTree commissioned Qualtrics to conduct an online survey of 1,029 Americans, with the sample base proportioned to represent the general population. The survey was fielded June 24-27, 2019.

Generations are defined as:

  • Millennials are ages 22-37
  • Generation Xers are ages 38-53
  • Baby boomers are ages 54-72

Advertiser Disclosure: The products that appear on this site may be from companies from which MagnifyMoney receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MagnifyMoney does not include all financial institutions or all products offered available in the marketplace.

James Ellis
James Ellis |

James Ellis is a writer at MagnifyMoney. You can email James here