Make Traveling Your New Year’s Resolution
How to Save for a Vacation

Money Matters

summer beach bag and hibiscus flowers on wooden tableAt the turn of a new year, many people decide to make resolutions, whether it’s to lose weight, eat healthier or learn a new hobby. This year, why not skip the cliché resolution ideas and make traveling your goal for 2018? It may seem costly to travel frequently, but there are many ways to find the money to explore. Here’s how you can start saving today.

First, you’ll have to establish how much your vacation is going to cost. Next, create a monthly budget so you know how much you will be able to spend while still reaching your goal. For example, plan your grocery list ahead of time so you avoid accidentally overspending. Tossing little things in your cart here and there really adds up at the check-out counter. Take advantage of grocery stores that offer discounts and take your time reading the newspaper so you can cut out any extra coupons. Rewards programs are another great way to save if you’re a frequent shopper. Keep your receipts and track the amount of money spent—over time you will start to see your vacation fund grow.

 close up of man with calculator counting money and making notes at home

Don’t forget to have fun! Be sure to set aside some funds in your monthly budget for entertainment activities, too. There are plenty of affordable opportunities to get out of the house if you keep your eyes open. Local movie theaters offer great deals for earlier showings. If you’re a bookworm, try reaching out to your local bookstore or library and ask about special deals that may be available. At the end of month, it’s important to track your expenses so you can gauge if you need to scale back a little bit more.

Transportation is another way you can put more dollars away. Instead of spending money on gas each month, you may be able to alternate between using public transportation options such as the bus, train or ride sharing. Many transit companies offer special discounts, but you won’t know unless you ask.

If you start saving now, you may have enough for a relaxing getaway in just a few months. Try keeping up your resolution even after you’re back from your vacation so you can set up a travel fund for future adventures! Finding ways to save can be easy. Where will you go on your next vacation getaway?

 

Resources:

http://travel.aarp.org/articles-tips/articles/info-07-2013/seven-ways-to-save-summer-vacation.html

https://www.aarpmedicaresupplement.com/blog/2013/07/02/summer-savings-save-on-energy-costs-and-enjoy-a-fun-summer-with-these-warm-weather-tips/

https://www.aarpmedicaresupplement.com/blog/2016/01/01/fun-for-less-discounts-to-help-you-save/