Summer Vacation: How to Save Money
Everyone loves summer vacation. Time away from the hustle and bustle of everyday life is something everyone needs to unwind. But, jetting away to somewhere luxurious and relaxing isn’t cheap. You may need to make a few adjustments to make sure you save the money you need to enjoy yourself. Here are a few tips on how to save money for your summer vacation.
Saving works different for everyone, so try it out and make the best of it. The most important thing is being persistent and leave that money alone!
Pick Up a Side Job
There are lots of extra jobs you can do in your spare time in the run-up to your holiday. Whether it’s delivering for the local takeaway or doing some freelance work in the evenings, there are many opportunities out there for people who are willing to look.
Just an extra three hours a day could get you your holiday spending money in just a few weeks. However, you should be aware of how much you’re able to take on. Overworking yourself could lead to burnout.
It doesn’t have to be an official job, even some hours babysitting or helping someone clean their home can get you some extra money. Or do it old school and sell some lemonade!
Put all the money that you make with the extra work on a special savings account or put it in a piggy bank. This way the extra money is really for saving and not for spending.
Sell Your Stuff
We all tend to accumulate things we don’t really need. Perhaps you have a wardrobe full of clothes you don’t intend on wearing again. Maybe you have some furniture in storage that you aren’t likely to use.
You may be surprised at the number of things you can make money on. If you have things that you can sell, it’s worth checking how much money you could get for them before throwing them away.
Selling things like furniture could even help you to repay a cash advance online if you needed a quick deposit for your holiday.
There are probably more things that you don’t use than things you do use. Clean the house and make a pile. What is worth something and what not? Donate everything you won’t get anything for, but is still usable.
Sell everything you can even get €1,- for. Have a big yard sale and make some money!
It may sound obvious but spending less is often the key to saving for your vacation. Many people don’t do it because they believe it won’t make much of a difference.
Saving on a coffee here or a takeaway there may not seem like much in the short-term but when it all adds up in the long-term it can make a huge difference to your bank balance.
Of course, this is assuming you have a few months before you go on vacation. If you leave in a few weeks, spending less may not have a significant impact, but it could still buy you a meal out in a nice restaurant
Cut down your monthly costs
If you want to go all-in, this is the way for you. You can cut down on your monthly cost to save some money every month!
You can do this by showering 5 minutes less, letting your clothes dry instead of using a dryer, putting off all the lights if you are not in the room. These are some small things.
You can also take the big steps. Don’t use the cable? Cancel it. Don’t use the Netflix or Spotify? Cancel it.
With things like this your electricity bill, water bill or your subscriptions will go down and you can save all that money! I am not saying this will be hundreds a month, but every little bit helps right?
Make Your Credit Card Work for You
You may not be able to avoid using your credit card to buy things in preparation for your vacation or to use while you’re on vacation. That doesn’t necessarily have to be a bad thing though.
Many credit card companies provide incentives for customers to shop at certain stores. It may mean you get a discount on items or pay a smaller amount of interest back.
If you tell your credit card company you’re traveling, you may be able to withdraw cash without any fees. There are always perks to using your credit card as long as you’re willing to search them out.
How to safe money
These are just a few tips, there are a lot more ways. So figure out what works for you and save some money. Just remember that you don’t stress yourself out with it.
It can be easy to start noticing every penny that goes out. You can still have fun and go out for dinner. Just not every day. Enjoy and treat yourself sometimes.
If you follow these tips on how to save money, saving for your vacation should be a breeze. Have a great time!