Financial Pilgrimage

How To Save For a Vacation Every Year

Planning for vacations can often feel like a once-in-a-lifetime event. They can be costly, and when you’re on a budget, it’s hard to see how it’s possible to take one regularly, let alone every year. 

With a bit of planning and creativity, there are plenty of ways for you to save money on your next trip. Here are some tips for saving up for your next vacation.

Time is a precious commodity. It’s also one of the most important factors when planning your next vacation.

Determine How Much Vacation Time You Need to be Saved Up

Determine How Much Money Your Trip Will Cost

When planning to vacation annually, it’s best to plan to save at least 15% of your income each year. 

Get Good at Finding Deals

When budgeting and saving for a vacation are essential, you’ll prioritize it in the budget and be willing to look for incredible deals.

Use Coupons for Everyday Things

There are coupons and deals for almost everything you buy, so when you want more money in your vacation budget, look for clever ways to save on your regular expenses.

Make a Few Sacrifices

You might be able to set aside an extra $50 or more per month toward a trip if you’re willing to downgrade some of your subscriptions for a while.

Swipe up to read the full article!