Leaving On A Jet Plane: 10 ways to save money for vacation
Don’t let your vacation days go to waste. Use them, or in some cases, you may lose them. Learn how to save money for vacation here.
– Contributing post
Is your job stressing you out? Do you find yourself thinking about taking a few weeks of vacation?
Surprisingly, about half of all full-time workers don’t take all of their vacation days. Those who do, however, come back to work feeling refreshed and relaxed. If you’re wondering how to save money for a vacation, this article’s for you. We’ll give you the top 10 tips on how to grow your vacation fund.
1. Cut Everyday Spending
Saving for a trip might feel overwhelming, but it’s completely attainable. How to save for a trip on a limited budget? Start by cutting back on your household expenses.
We all know that we should skip that expensive cup of coffee, but did you know that you can save $200 per month by bringing your own lunch? That’s $2,400 by the end of the year, enough for your plane tickets and hotel.
2. Return and Recycle
you’re looking for ways to save money for a vacation, take a look in your closet. There should be some pieces in good condition that you haven’t worn for a while.
While you could donate them, you can also sell them online. You might be surprised by how much you can make with your old shoes, dresses, and purses.
Another option is to start buying clothes at thrift stores or upscale consignment stores. It’s not really spending if you’re saving so much money, right?
3. Work on the Side
If you can, get a small part-time job. It doesn’t matter how much it pays, just that it’s steady income. You can work for a rideshare program, tutor part-time, or even clerk at your local grocery store.
You could also work from home as a writer, accountant, or customer service representative. There are thousands of new jobs posted every day, and you can access them all from your living room.
4. Go by Bus or Train
When you’re planning your vacation, ask yourself this: Do I really need to fly there? Is there a cheaper option available to me instead?
Trains are an elegant way to see the country. You can go coast to coast in about three days, and it’s cheaper than going by plane if you book far enough ahead.
If you book in advance, you can also get deep discounts on bus tickets. That way, you can spend your travel time relaxing instead of focusing on driving.
5. Open a New Account
If you’re already saving for vacation, you might be saving it in the wrong place. Checking accounts rarely give account holders interest, but some savings accounts do.
If you’re going to be paying for your trip with credit cards, be careful. It’s okay to run a small balance, but wealth management services like first premier bank advise that you pay off your credit cards in a few months.
6. Skip the Hotels
Another great option for stretching your vacation fund is to skip hotels altogether. There are so many hostels and Airbnb rooms to choose from around the world: why limit yourself to expensive hotels?
Stretch your imagination and do some research online. There are tree houses, yurts, log cabins, and castles available to rent.
Take your time and book as early as you can for the best rates.
7. Downsize Your Workout
Wondering how to save for a vacation when you’re already living like you’re broke? One option is to cut out your gym membership.
Most of us don’t even use our gym memberships, and there is a wide range of online exercise programs that are free.
You can do everything from yoga to cardio from the comfort of your own home without spending any money.
The best thing about exercising at home? Nobody’s watching you.
8. Stash Your Change
You might be thinking that it’s not worthwhile to save your change, but think again. There are apps for your phone that will round up your purchases and invest that money for you.
If you pay for a book that costs $4.50, the app will take the $0.50 and deposit it into an investment account.
It’s called “microsaving,” and you will be gobsmacked when you find out how much money you’ve got put away.
9. Select a Volunteer Experience
There are so many tips on how to save money for vacation, but this next one is one of the best.
Instead of taking an expensive trip, sign up for a volunteer experience. You could spend time on an organic farm, volunteer with animals or spend time clearing hiking trails.
Vacations are best when they’re meaningful and memorable. The kids might complain at first, but they’ll have the time of their lives.
10. Book in Advance
Saving for a trip is always easier when you have time to plan. What you may not realize, however, is how much you can save by booking in advance.
There are travel agents that will let you put a down payment on a cruise, for example. Or you can book your plane tickets up to a year in advance.
Just make sure your travel itinerary is set before you start booking hotels and plane tickets. If your plans change, you may be stuck for the deposit.
If you are planning a surf adventure or water sports adventure, make sure that you’re going at the right time of year. You could have the waves to yourself, but the water might be too cold.
Can You Save Money for Vacation in a Few Months?
When it’s time to save money for vacation, everyone’s going to have a different style. Some people start planning for next year’s vacation the moment they return from this year’s outing.
Others like to show up at the airport with cash or credit and see where they feel like going.
It’s totally possible to save money for a vacation in a few months. In fact, the only way to guarantee a good vacation is to follow your own sense of adventure.
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