With summer drawing closer, your vacation may arrive before you've got the money to pay for it. But there are some quick changes you can make now to save or raise money for your trip. Consider these tips:
Open a designated savings account
After estimating the overall cost of your vacation, set up a savings account just for the trip. This will help separate that money from your regular savings and make it easier to track progress toward your goal.
“Save money” is a timeless bit of personal finance advice, but actually doing it can be another story. If you need a way to boost your savings and stay consistent with your goals, setting up an automatic funds transfer can help.
Meeting financial goals as a family can be challenging. But inspiring your family to help and contribute to a financial goal doesn’t have to be a painful process, especially when the result is an exciting family vacation, a new family car, or college savings. In the spirit of America Saves Week, I’ll share some ideas on how to save as a family for all those items and bucket-list experiences.