Everyone wants to save as much as they can when they travel. So do I, and I'm sure you as well. So here's 5 tips to maximizing your savings when you plan your next destination holiday.

1. Time it right

Airline fares are always going up and down in price depending on supply and demand.

And according to Which?, choosing the exact right moment to book flights is crucial if you want to save money.

Its consumer experts suggest that signing up to price alerts is the best way to know when fares are cheap.

This is because websites will email passengers and notify them when the flight price drops. 'Simply click the price-alerts button on the results page of your flight search and enter your email address,'

2. Be flexible

Fridays and Sundays are the most expensive days to travel.

Be flexible with travel dates, travelling before or after, in order to save money.

Instead of traveling on a Friday and return on Sunday, why not time it a day later on both ways? The flight cost can be greatly reduced.

However, if the dates are set in stone, the consumer experts say travelers could be flexible with their destination instead.

Several websites such as Momondo and Kayak, where you can enter your dates and budget and they will come up with a destination for you.

3. Look for alternatives

Booking flights usually means flying from and returning to the same airport using the same airline.

However, If you don't mind moving around a bit, sometimes money to be saved by using multiple airports and airlines.

With a bit of research, you can easily find flights with different airlines giving you lower prices as most airlines like AirAsia would normally give you a low fare on way and a higher fare on the return trip.

And on long-haul, consider going indirectly.

4. Be in the know

Many websites scour the internet looking for cheap deals on flights.

And you do travel frequently, sign up to them so you are kept informed of deals and offers.

5. Avoid airline extras

Many low cost carriers making their money through charging for extras such as checking in luggage, printing boarding passes and on-board food.

However, being aware of these charges allows you to plan in advance to make sure you aren't stung by them.

But if you need to check a bag, I would suggest pre-booking this online to get it at a cheaper price than arranging this at the airport.

Downloading an airline's app on to your phone means you can sometimes download your boarding pass on to it.

Most people won't be surprised that a bit of forward planning and flexibility can help cut the cost of your next flight - but probably won't realise just how much they can save.

Flying Saturday and Monday rather Friday and Sunday, using price alerts and shopping around airports as well as airlines can knock hundreds off your fare.

Hope these tips helps, have a safe travel!