One of the main reasons people find it hard to go on vacation is because they can’t seem to find the money for it. However, there are several ways to start planning for a trip. Even though most of those ways may seem difficult to achieve, they are definitely not out of reach. Check out some of our top 10 tips for saving Monday for vacation.
1. Collect Change
Those who have done this before know it’s one of the best ways to collect “found money.” Collecting change over a long span of time quickly adds up, giving you a few extra dollars you never knew you had.
2. Cut Small Spending
We know, you love Starbucks coffee just as much as we do. However, those small spending habits should be cut off while you’re saving for a trip. Instead take that $3-$5 you’d spend on coffee (or something else) and put it aside in a savings account for your trip.
3. Put Money Aside Each Week
Even if it’s $10, put aside as much as you can afford. This will quickly add up, leaving you a good amount of spending money for your vacation.
4. Get the Best Travel Deals and Find them Early
Don’t wait until the last minute to find travel deals. Usually earlier is better, and when you want to save as much money as possible finding the best deals are a huge part of doing so.
5. Eat Out Less
You’re probably really busy and who has time to stay in and cook every night? Not us, that’s for sure. However, whether it’s ordering sushi, or saving that money for vacation, the latter usually wins.
6. Sell Your Stuff
Do you have old clothes, old books and furniture that you can get rid? Put ads on Craigslist to sell things you no longer need.
7. Avoid Swiping Your Cards
The easiest way to lose track of your spending is using a debit or credit card. For that reason, use cash and make a daily budget for yourself.
8. Come Up With a Budget
Following up with #7, create a daily, weekly, and monthly budget that will allow you to save enough for your vacation. It sounds difficult, but you’ll be happy about it when you’re driving away to your vacation destination.
9. Use Your Tax Refund
Everyone loves that time of the year when they get their tax refund check in the mail. When you get yours, regardless of how much it is, put it aside for your vacation.
10. Open a Savings Account Just for the Trip
Last, but certainly not least, open up a separate account just to put all the money you’re saving in. Once you have the spare money, you’ll start to see that account grow the more you add to it, which will help you keep track of how much you’ll need.
How do you save money for vacation? Tell us about it in the comments below!
