Summer is over. Boo hoo. But hey – it’s time to start thinking about that next vacation! I often get asked how I afford to travel as much as I do. My husband and I will have different opinions on this, particularly the word “afford”. The truth is, I’m really bad about saving money for vacation so it’s usually a lot of last minute scrambling and post-trip credit card blues. I’m always looking for great airfare and hotel deals and cheap vacation packages for couples.
But when there’s a trip I really want to take, and I set my mind to it and create a plan, I can make it happen. All it takes is a little motivation, planning and minimal self-sacrifice towards a goal of saving money for vacation. Then comes the time to do the research to find those cheap vacation packages and budget travel opportunities.
Your goal should be to save about $100 per month. That’s only $3 per day. After 12 months, you’ll have $1,200 towards your dream vacation, even if it’s a budget vacation. Get my full travel savings plan here.
Saving money and finding cheap vacation packages for couples
Here are a few ideas to get you started.
1. Start by opening a savings account to keep your vacation money separate from other budgets. Trust me, this is important because when you commingle accounts, it’s just too easy to rob from Peter to pay Paul. And it’s much easier to keep track of where you are with your dream vacation savings plan when it’s kept separate. Most banks will offer free low interest savings accounts.
2. There are so many credit cards out there that offer rebates. It’s a great way to set aside money throughout the year without even realizing you’re doing it. My credit card offers 1-2% cash back on purchases but it’s money I don’t see unless I actively go into my rewards account. I try not to look at it except once or twice a year, so I’m always surprised how much money is there. It’s kind of like “found” money. At the end of the year, deposit that cash back directly into your new savings account. Don’t touch it until then! If you’re looking for great travel credit cards, check out this link on The Best Travel Credit Cards.
3. Clean out your closet. You know those impulse purchase tops hanging in the back of your closet that haven’t been touched in months? Or those “I’ll fit into these again someday” jeans? Take them to your local consignment store and cash in. Clean out your closet and pull out anything you haven’t worn in the past year that is in good condition and head over to the resale shop. You’ll walk out with a wad of cash. Deposit the money into your new vacation savings account and start surfing for those cheap vacation packages for couples!
4. Take your lunch to work for an entire month. This is one of those areas where you’ll be amazed at how much you can save. Most people spend anywhere from $10-$15 a day on lunch. So just make a conscious effort to take your lunch to work every day and think of the money you’ll be socking away.
See how simple it is? Looking for more tips to save? Get my free 12-month savings plan here.