Summer is on the way and you would love to take a vacation with your family—but you are short on money. Although summer is approaching, some simple strategies will help you save enough money to have fun this summer.
Saving money often means finding little ways to reduce your spending. Here are twelve ways to help you get started saving money before and during your vacation.
Determine Your Destination and Estimate the Cost
Once you calculate it and then divide by the number of remaining months until you travel, you will know how much you need to save each month. Then, open a vacation account at your bank. If you’re putting extra earnings into this account, Sarah Kuta at The Penny Hoarder recommends setting up automatic deposits to ensure you end up with the amount needed for your vacation. When creating the account, make sure you have ATM access to it as you travel.
Mike Valles
Author
Mike Valles has been a freelance writer for many years and focuses on personal finance articles. He writes articles and blog posts for companies and lenders of all sizes and seeks to provide quality information that is up-to-date and easy to understand.