Most recently updated January 16th, 2022
If you’re ever going to take that big trip you’ve been dreaming about, you’ll need to stash more money – or at least some money! – in your vacation or holiday savings account.
Whether you’re looking at a 1-2 week getaway for the holidays or several months on the trail, these saving strategies add up.
SAVE MONEY FOR TRAVEL
The first thing to do is to figure out how much money you’re going to need – so you know when you’re done saving :-).
Check out my post on planning your multi-day hiking trip for some good ideas on how to plan your trip so you can figure the cost. I’ve also got some info on different lodging options that might help with your estimate.
The closer you are to your vacation date and the less money you have saved already, the more intense your saving activities will need to be.
DO THE MATH
It’s easy to figure total cost if you go on trip with a travel company . They usually have a planned itinerary that includes food, lodging, activities and a guide all in one price.
That can save you time – and sometimes money, too, so it’s worth looking into.
You could also use a trip cost calculator, like the one I’ve linked to here, to help figure your savings goal.
Once you have a ballpark idea how much money you’ll need and when you want to go, you’ll know how much time you have to pull your travel stash together – that is, the time between right now and your vacation date.
For more of my favorite travel deals and resources, see my Travel Tips & Deals page, and take a look at the G Adventures page, too for some great discounts.
FYI, the photos I’ve included in this post are from some fantastic trips I’ve taken – using money from my own vacation saving fund!
HABITS THAT STEAL FROM YOU
Do you routinely come to the end of your money before it’s time for your next paycheck? If this is a recurring problem in your life, it may not be about needing a bigger salary.
You could have spending habits that are not only keeping you in debt, but also preventing you from saving.
I’m not here to judge, but if this sounds like you (even just a little), unless you want your dream vacation to put you further into to debt, you might want to ramp up your financial planning skills.
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