5 Exceptional Tips On How to save for Your Vacation

barcelonaVacations are amazing! Just picture yourself sitting on a beautiful sandy beach with the blue ocean flickering in the horizon and the cool breeze blowing through your hair. In fact, just by imagining makes you feel you want to go on a vacation right now, doesn’t it?

Well, while everyone may want to go on vacations more often, the truth is sometimes you need to deal with big expenses, such as car repairs or a leaky roof. As a result, this makes saving up for a vacation quite impossible. However, if that’s the case for you as well, then you don’t need to worry about it anymore. That’s because in the paragraphs below we’ve come up with a few solutions that can help you save for your next vacation as slowly or as quickly as you want. So how can you do it?

Open a Dedicated Savings Account

save your penniesIf you’re serious about funding your vacation methodically and directly, then you need to act quickly and accordingly. So what you have to do is open a dedicated savings account and fund it every month or every time you get a hold of some extra money. It’s very important that you also avoid minimum balance penalties, since this will only erode your budget for your long awaited vacation. If you want, it may prove quite useful to have online and ATM access to your account, since this makes it a lot more convenient and easy to withdraw money when traveling.

Sell Your Stuff

Probably one of the easiest ways of making some good money to go on a vacation is to examine the things you currently own and then decide which of them can be discarded. For instance, you may have a desktop computer or maybe a set of speakers that you don’t need anymore, so how about you sell them? These can easily get you a few hundred dollars, depending on their brand and condition. You can sell them either on the internet or you can organize a garage sale. Regardless of how you’ll proceed with this, one thing’s for sure: you can make a lot of money if you have a lot of stuff to sell.

Reduce Your Monthly Food Budget

reduce food budgetDid you know that the average American family wastes $1,500 worth of food every year? As surprising as it may sound, this is actually true. In order to save money on food, not only should you revise your food budget, but also put as much food in your plate as you know you can eat. That’s because in most cases, the food people don’t finish up in one sitting is going to be thrown away. Another good tip to save money on food is to buy in bulk, but you can also opt for joining a CSA or shopping at farmers markets.

But if these tips aren’t really something you feel you could implement, then how about you take a closer look at the foods you buy every week and see which of them can be discarded? For instance, frozen desserts such as ice cream, may be enjoyed better at the beach, don’t you think so?

Ditch the Daily Starbucks

Picking up a Starbucks on your way to work is a habit that many Americans have developed over time, since hey, it’s a lot easier to just pay $5 to get a delicious coffee and enjoy it while commuting to work, right? Well, the truth is that if you do the math, you’ll immediately realize that you’re wasting at least $100 a month on Starbucks. So how about you ditch the Starbucks and make your own coffee at home? This is a very easy way of saving money to go on a vacation and it’s going to easily bring down your coffee expenditures to about $200 a year instead of upwards of $1,200.

Look For Discounted Vacation Packages

Last but not least, you’ll be able to save big on your vacation costs if you keep an eye on last minute vacation deals. These are basically highly discounted vacation packages that can be as cheap as 70%, so it’s definitely a good idea to claim such deals when you stumble upon one. While it may take some time until you can find a good deal for the type of vacation you want to take, this is by far one of the easiest ways of saving big when wanting to take some time off in a beautiful and relaxing place.

Now that you know what to do in order to save money for your next vacation, make sure to implement these tips as soon as possible. If you do, then you’ll be able to fund your vacation in as little as 3 months!

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