Family vacations are a wonderful way to spend time together as a family and make lasting memories. But with being a family of 5 we know that, traveling as a family can be expensive! If you’re hoping to take a big family vacation this year, but you’re not sure how you’ll pay for it, you’re in luck! I have five simple ways you can save enough money for an amazing family vacation this year.
Open a Vacation Fund
Creating a bank account dedicated to saving for your vacation will make it harder for you to spend the money you set aside for your trip. After each pay day, transfer a percentage of your pay check to the account and let it sit there until it’s time to book your trip.
Stash Your Change
A family’s change can quickly add up to big bucks. Start by going through your house to find change lying around. Search the laundry room, couch cushions, and under the beds to gather all the loose change throughout your home and place it in a big jar. From now until it’s time to leave for vacation, toss any change you receive from your purchases into the jar and watch it fill up. Before leaving for your trip, take the jar to a bank or coin sorting kiosk and use the cash to pay for your family vacation.
Sell Your Junk
It’s likely that you and your kids have tons of unused items gathering dust throughout your house. Put that Marie Kondo method to use and declutter your home and make some extra money by selling those items that don’t spark joy to save for your family vacation. There are a variety of ways you can sell your unwanted stuff – from listing the items on
Earn Rewards
If your family uses credit cards to make regular purchases, consider using a card that accumulates airline miles or travel rewards points. Then use that card for all your purchases throughout the year. When it’s time for your trip, cash in your rewards points to purchase airline tickets or a hotel stay.
Cut Costs
Saving for a big family vacation may require you to cut back on other items to afford the trip. Take a look at your monthly budget and find ways to cut back on your spending. There are tons of small steps you can take that will add up to big bucks at the end of the year. Whether you cancel your cable subscription or decide to eat at home instead of going out on the weekends, making a decision to cut back on your spending is a simple way to help you save for an amazing family trip.
I’d love to hear any ways that you save for your family vacations.
