To dream about a vacation is one of the list that every woman wants to check mark. We dream for a vacation at some point in life, either for a bachelorate, an outing with friends , a date or a trip with family to make the most fondest memories.
Have you made up your mind to see if this dream is feasible? You have to begin with working on the dream, do not let your dream be like it came with the wind and disappeared. You have to be hell bent to see it happen in reality.
It is obvious that you have to save up money for your dream vacation in prior, it is impossible to go for a vacation without a well-thought plan. Here are some ways of how to make arrangements for your dream vacation. This is the right moment to save up! See how you can do so.
Ways to save money for your dream vacation
1. Give yourself time to save up
Once you have chosen the place for your vacation. Plan on how many days will you stay in that place and when would you like to go there.
Say suppose, it is December now. Check on how far have you planned on going. If it is out of country then you need to be flexible to give it at least a year or two from now to save money. If you are going to another state within the same country, then give yourself few months to save up .
You cannot abruptly plan a vacation and spend money there unless you have dedicated money stocked in your pocket.
2. Refrain from using your saving
You have decided to save a certain amount every month. Stick by it diligently. Do not use that money that you have specifically kept for your vacation. Just tell yourself that this is the last option you have and you cannot touch a single penny from this amount. If you have to control your temptation to spend, believe me it is worth doing it for your long wished dream.
3. Reduce 30 percent of your expenses
It is practically impossible to drastically cut down on expenses because sometimes we are bound to certain responsibilities were we have someone financially dependent on us. In this situation, you cannot afford to be conscious of your expenses.
However, you can try saving a little. You can cut down on your miscellaneous expenses like avoid having coffee out, skip drinking on few of the weekends, etc. Cutting down on your miscellaneous expenses during the month won’t burden you much.
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4. Document your expenses
Documenting is the best way to make a good assessment on where you stand in terms of how are you spending money. Take the help of an excel sheet or a goggle document and jot down on every little thing you spent money on.
Every week have a look at it and further scrutinize to see if you can compromise on cutting down your expenses even further.You don’t have to be stingy but at the same time you can see how better you can spend.
5. Make the best use of promo codes, coupons, and offers to bring down your expenses
Take the maximum benefits of using the best promo codes and discounts. If you want to save money for your dream vacation you can opt this way to save money.
Before you begin to shop, see for a promo code and use that code to shop. Prior to going to shop, check for websites that are offering a discount, using these coupons will cost you half the price of what you would spend. You can check websites like ebates.com and coupons.com for discounts
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6. Sell off what you do not need
There are so many things at home that we do not need, instead of having them just staying in your wardrobe without being used, it is better if you sell it off. You will earn a little out of it which can add to your savings that you have reserved to use for your vacation. This is a very minimal way of saving and even little money adds to the bigger saving for your dream vacation.
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7. Find a secondary source of income
To save money for your dream vacation you have to start working hard from scratch, another way of doing that is by taking up a freelance job that will side by side help you earn a source of income apart from what you are already earning.
You have to sacrifice on a part of your routine if you want to take up another job side by side. Freelance is a great option to earn from home.
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8. Time to use all your reward points
One of the ways you can save money for your dream vacation is by using the reward points you get for your credit card. You can avail the facilities of gift vouchers, cash backs, you can get a redemption for your fuel charges etc. These are minor things but they do make a difference when you look at saving for a vacation on a whole.
9. Reserve savings in a mutual fund
The money that you have set aside as a saving just to use for your dream vacation, drop it into a travel fund. Mutual funds will keep that money safe and you wont touch it and in a due course of time you will see your money being more than you actually invested.
Imagine, how great is that when you invest $100 per month and you get $120 per month. By the time you are ready to fly, you will have a little more than what you saved and that’s gonna give you the ease to travel to the place of your dreams.
To summarize, plan the place, the things you want to do there, the kind of accommodation you want, how would you want to commute. Make an estimated budget and see if it is workable or not.
If you think you are falling short of money, give it some time and then plan your trip or always have an alternative as to which place would you choose to visit in case practically the place you chose to go to hasn’t worked out.
If you still feel you do not want to compromise on the place and want to go to a particular place no matter how much it costs you then give your plan and saving some more time. Live your dream vacation in reality and go exploring on new experiences to make the best moments.
