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December 19, 2024

Saving for a Vacation

Saving for a Vacation

Destination: Adventure—Saving for a Vacation You’ll Never Forget

Travel should be about adventure and relaxation, not financial regret. Without a clear plan, even the most memorable trip can leave a lasting dent in your wallet. Taking the time to save in advance lets you enjoy your vacation fully, knowing you’ve set yourself up for both fun and financial peace of mind.


Pick Your Dream Destination

Whether it’s the sandy shores of Waikiki Beach, the rugged peaks of the Colorado Rockies, or the buzzing streets of New York City, start by pinpointing your destination. Once you’ve narrowed it down, research costs for accommodation. Are you staying at a Hilton resort, Airbnb, or boutique hotels? Make sure to factor in meals at local hotspots, transportation via Amtrak or budget airlines like Southwest, and must-see attractions such as Disneyland or the Eiffel Tower. Matching your dream trip to your budget ensures you enjoy the journey without financial strain.

Step-By-Step on How to Save

  • Break it Down: List out all the costs—flights, hotels, food, activities. Add a buffer for unexpected expenses, an additional 20%. For example if you’re expecting to spend $4000, add a $1000 buffer.
  • Open a Vacation Fund: Just like with a car, a dedicated savings account makes it easier to stay on track. You can open a new savings account, or use our goal feature to make it easier to track
  • Look for Deals: Use tools like Google Flights, Hopper, or Skyscanner to snag the best prices.

Enjoy Without Guilt

Saving for your trip ahead of time means you can truly enjoy it—whether that’s splurging on a fancy dinner or booking that once-in-a-lifetime excursion. With your vacation planned and paid for, you’ve officially mastered balancing your financial goals with living your life to the fullest.