Many people look forward to their next vacation, but saving for your trip can be a difficult thing to do. Luckily, if you get a little bit creative, you can save all the money you need for a great vacation in less than a year. If you follow these simple 7 tips to painlessly save for your next vacation you’ll be able to take that much needed vacation in no time.
Spend less money on food and save the difference. This may seem like the most obvious tip, but saving money on your regular purchases and putting the difference in a vacation fund is an excellent way to save for a vacation. For example, use coupons at the grocery store, then add up your savings and deposit that amount into a savings account. While $5 doesn’t sound like a lot, $5 each week over the course of a year adds up to $260. It’s not a huge amount, but it’s a nice start to your vacation fund.
Buy a coffee pot and put your weekly coffee allowance into your vacation fund. Coffee from Starbucks every morning adds up quickly. The average beverage rings in around $4 per day, or $20 each week. If you made your coffee at home and saved the $20, you’d be able to add $1040 to your vacation fund each year. You can save even more money by buying your coffee maker at a thrift store and purchasing store brand or sale brands of coffee. Store your coffee in your fridge once opened to get the longest shelf life.
3. Yard Sales
Hold a yard sale twice a year. Holding a yard sale is a great way to make cash off of items you’re no longer using. Not only will this thrift weekend activity bring in some extra money, it’s also a great way to de-clutter your home, which can help reduce stress. A typical garage sale will be in around $200 worth of profits, unless you have some big ticket items to sell. Take advantage of free advertising by posting signs in your neighborhood and placing an ad on Craigslist. Not bad for an afternoon worth of work.
4. Odd Jobs
Pick up some odd jobs in your spare time. Everyone has something they are good at. Whether you have the nicest lawn on the block or you’re great with kids, there’s always something you can do to earn a little cash. Advertise your expertise online or look around your neighborhood to find people in need. Sell your services to beef up your vacation account. You can easily bring in $50 a week with even the least profitable services, which adds up to $2600 per year.
Use a credit card that offers rewards miles on popular airlines. If you’re the type of person who uses a credit card anyway, choosing one that offers rewards miles is a great way to cover the airfare for your vacation. Even if you don’t get free tickets, any type of discount is still helpful, especially if you’re traveling with your family. To get the most amount of miles accumulated, make all of your purchases (even your utility bills) on your credit card. Just make sure you pay off the balance in full at the end of the month.
Another neat way to save money for a vacation is to save money when shopping online. We all need to make purchases from time to time. So why not use coupon codes to make them? These codes are freely available and these popular vouchers can save you money. All it takes is one online search and before you know it, you’re off saving money on your purchases and you can also save money on household bills online too.
7. Get Lucky
It all comes down to making these small changes to your lifestyle. While these tips may not seem like you’ll save that much, it really does add up. If you take advantage of these 7 painless ways to save money for your next vacation, you’ll be saying goodbye boring and hello adventure. Combined, you could make as much as $4300 in one year! That’s enough for a nice vacation for the whole family.