Enjoying Summer Vacation
- Make a plan – Having an overview of when and where you'd like to go, what you'd like to do, and how much it will cost gets you started off on the right foot.
- Set up a "fun fund" – With a plan in place, you can start saving for your trip. Creating a separate "fun fund" helps as a reminder as to why you're saving the money and can help you keep your eyes on the big prize when lesser temptations, like a new TV, arise.
- Know your limits – Set a daily spending budget for your trip and don't exceed it. Include what you'll spend on food, activities, lodging and anything else that might come up.
- Stay disciplined – Once you've settled on how much you'll spend, stick to it. It's easy to talk yourself into not counting little purchases like coffee. Those little purchases add up and can have a significant impact on your vacation fund.
Visit NerdWallet for more information on ways to enjoy an affordable summer vacation.