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How to Save Money for your Summer Vacation

Member
By Carmen S. Jones
User-Submitted Article
(17 Ratings)
Enjoy your summer vacation!
Enjoy your summer vacation!
fotoseach

Planning a vacation for the summer can be fun and of course actually going is even more fun. However, paying for a vacation is not fun and can be stressful. But there are ways to save during the year for your summer vacation that will not take away from your every day budget. Follow these simple steps to learn how to save for your summer vacation.

Difficulty: Easy
Instructions

Things You'll Need:

  • loose change
  • coin rolls
  • piggy bank or container
  • bank account
  • computer with internet
  • determination
  1. Step 1
    Every penny counts!
    Every penny counts!

    Loose Change Equals Gas Money

    When you go to the store and pay with cash more than likely you will receive change back. Put your change in a container such as a coffee cansiter or even a piggy bank. Tell your family members even children to do the same. Months before the vacation, begin rolling the coins so you will have an idea of how much money you have. Cash it in at your bank a few days before the trip.

  2. Step 2
    Vacation club account
    Vacation club account

    Vacation Club

    Most banks and credit unions offer vacation club savings account. The money is taken directly out of your paycheck or your checking account on a monthly basis. According to where you plan to go on your summer vacation, decide how much you want deposited into the account. $25.00 to $75.00 a month is a good start. If you are married and both spouses work, you can both contribute an equal amount to the account.

  3. Step 3
    Clean out closet
    Clean out closet

    Sell Your Old Junk

    Your old junk is another person's treasure or new junk. Sell things on Ebay, a consignment shop or have a garage sell. Or do all three.

  4. Step 4
    Find travel packages
    Find travel packages

    Look for Discounts online

    Websites such as Expedia and other travel websites offer hotel, flight and rental car discounts.

Tips & Warnings
  • Decide on a budget when putting money away in a vacation club account.
  • Find coupons for restaurants in the city you are going to.
  • If you receive gift cards during the year to restaurants save them for your vacation.

Comments  

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tachic said

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on 7/16/2009 Good tips to save money for summer vacation

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on 6/18/2009 Great tips. I'm going to start doing this. *5

AnneZ said

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on 6/2/2009 Good article on saving money for summer vacation! Just in time! 5*****

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on 6/2/2009 Great ideas to save for a vacation or other special event

blusher said

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on 5/26/2009 I'm always looking for ways to save money - thanks!

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