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Being able to take a break from work is important, but it isn’t always affordable. While you might not be able to afford a big trip right now, if you start saving a little bit at a time and making some changes to your spending habits, you can have enough for a nice vacation in no time. Here are a few tips to start your vacation collection.
The first thing you should do is make sure your vacation account is at a bank that will give you the most bang for your buck. Check your current bank to see what their APY is and then compare it to other banks. Online banks, like American Express Personal Savings, often have a higher APY than brick and mortar banks, so check them out as well.
Eating out every day adds up very quickly, especially if you add in the coffees on the way to work. By making a sandwich and taking your own lunch you will start to economise very quickly. Bring your own fruit snacks too, and watch your savings rise. Or, if you are looking to save money and get in shape for your trip, you can sign up for a service like BistroMD that will deliver you delicious diet food already pre-made and ready to go.
If there are magazines you enjoy, a digital subscription can work out to be a lot less expensive than buying from the newsstand. Another idea is to get together with friends and share magazines so that each buys one. This way everyone saves but will get more to read. Having a book swap at work is another way of spending less and making sure you have some great reading material for free for your vacation.
There is nothing quite like having a good clear out and getting rid of a few unwanted items. It also raises money for a vacation account. Try a yard sale for general items or go online and list on eBay. Books go well on Amazon. Sites like uSell will sell your old iPhones and other mobile devices. You might be surprised at just how much someone is prepared to pay for some of the clothes you no longer wear.
Walking a few blocks to work in good weather will save on gasoline bills, parking lot charges and bus fares. It is also healthier for you and will save money for your vacation. If it is at all practical, consider a walk instead of a drive.
When cooking a meal, make extra portions in batches and freeze them. This saves on time, money and electricity which will all contribute to your savings. It is also a lot cheaper than prepared meals from the supermarket.
If you smoke, take steps to give it up. This will save money very quickly and improve your health, too. A vacation is the perfect reward for giving up smoking and you will feel better for it.
One of the best ways to save is not to spend. Plan your menus for the week and make a list when you do the grocery shopping. Stick to what is on the list and not what is tempting in the supermarket. This avoids waste and, more importantly, impulse buying. Lists keep your shopping organized and save money.
Make sure you are saving the most when you go to book your trip. Pick a destination based on the time of year that is cheapest. Look for deals on vacation packages. Go to sites like Orbitz, Hotwire, Priceline and Expedia to find the best deals on both airfare and hotel. There are a million ways to save on travel these days, so take advantage.
There are lots of ideas to save money for a vacation account and these are just a few. Which one will you do?