How to truly begin adding to your vacation budget
The first place you begin to save for vacation may not be what you think.
It’s not about making more money to vacation (although that’s always nice). It’s about maximizing the savings where you are already spending within your household budget.
If you don’t keep an eye on your household budget *at least* every 6-12 months then you are likely spending more money than you should.
As a side note: be sure to check out what we borrow to travel. You don’t HAVE to buy everything you need for vacation. That in itself is a savings for your vacation budget.
There are some things that need more attention than others but this challenge is an easy place to start. You don’t have to go overboard with overhauling your entire budget. Just start here...with this simple challenge. It’s not hard...it may not be what I consider fun but it truly is one of the easiest ways to free up money to begin adding to your travel budget.
Your Challenge to Start Saving for Vacation
This mini challenge is a challenge for YOU and only you.
You aren’t competing against anyone else.
If anything you should do this challenge, determine your savings (which is how you'll add to your travel budget), and then SHARE it with friends. Encourage them to make these small changes and start saving for vacation as well! Maybe you can even plan a getaway together. How fun would that be?
This challenge is not to impress me.
It’s not to earn a gold star.
It’s a challenge to help you begin saving more for vacations in the future.
I know it’s hard (for me at least) to save when I know it could easily be a year before I’m able to take that vacation but...the payoff is a vacation that has been paid for IN CASH and no debt incurred. That’s pretty freaking fantastic.
How does the challenge work?
It's really simple.
- sign up for the challenge.
- receive emails that guide you on three different things you will review on your household budget.
- follow through with the tasks in each of the emails to see if you can save money in each of the three areas.
- adjust your budget to reflect the savings in each of the areas
- the BEST PART - you'll take the savings from each of the three categories and add that amount to your vacation budget!
So your output doesn't change...only your allocation! This challenge should take you under two weeks to complete. For some it may take a tad longer but that's 100% ok!
This challenge may not be for everyone….that’s ok. Complete what you can. You may already be doing these things and if so, that’s amazing! You’re already on the right path! I have another challenge in the works as well as a couple other budget related posts coming up.
Vacation is amazing but budgeting so you can travel without debt is even more amazing.
Stick around and we’ll work toward vacation without debt together!
Save smarter, not harder.