Thursday, February 28, 2019

How To Save Money For A Family Vacation

Going on vacation is incredibly exciting but often, families can't afford to go. Whilst you do need to have a certain amount of disposable income to be able to save, there are also lots of different changes you can make to help you save a little extra each month. With that in mind, here are five ways to save money for a family vacation:

Cut Down On The Non-Essentials
One of the best things you can do when trying to save money is cut down on items that are not essential. Whilst it's nice to have a takeaway coffee on the way to work, the sacrifices you have to make will definitely feel worth it when you're enjoying the sun with your family for a couple of weeks. Try cutting down on takeaways, nights out and shopping trips - the less you have, the more you'll save. If you’re struggling to cut down on non-essentials, you can read this handy guide here.

Switch To Store-Branded Products
If you shop at a supermarket where they offer store-branded products, making a couple of switches could really save you money. Whilst you don't have to change your entire shop, switching to non-branded for at least half of your items could cut your shopping bill dramatically each week. If you directly put the money you're saving into your vacation fund, you'll definitely feel as though it's paid off when you're getting on the plane to your dream destination.

Put Away A Set Amoung Money Each And Every Month
To kick start your savings, putting a set away each month could be really beneficial. Not only will it feel as though you could never really 'spend' the money, but it will help motivate you to keep adding more and more to your savings pot as you go along. If you set it up as a direct debit you'll definitely feel much better about it leaving your bank each and every month.

Consider Setting Up A Credit Card For Emergencies
If you want to cover emergencies or have a little bit of contingency money for when you go away, why not consider setting up a credit card? Whilst it is not encouraged to use it for your entire holiday, it can be used should an issue arise. For more information, you can visit CardGuru here.

Start A Side Project That Could Earn You Money
If you want to put even more money away each month, why not consider starting an extra side project that could earn you money? Whether you start making crafts and selling them to friends and family, whether you start selling through companies like Avon or whether you start your own blog on the side - that little bit of extra income could go a long way. For tips and tricks for starting your own blog, you can visit this site here.

Are you thinking of planning a family vacation soon? What changes can you make to ensure you can afford your dream trip? Let us know in the comments section below.


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