Money-Saving Tips for your Vacation

If you are planning to go on vacation soon but you are worried you won’t have enough cash to spend, do not worry! There are some very easy ways for you to save enough cash, without you feeling like you’re missing out on the things you love. So, let’s imagine you’re planning to stay in a villa in Crete for a few weeks. You also intend to eat out nearly every day while you’re on vacation, and you would really like to not have to worry about money.

So, what can you do to make sure you have enough cash? Check out the tips below!

  1. Give yourself a Budget

OK, so one of the very best things you can do to ensure that you have enough cash for your time in Crete is to give yourself a budget. You want to stay in a swanky villa, right? And you want to have a fantastic vacation too? Then you’ll need to give yourself a budget and stick to it.

Think about how much money you have coming in every month, and how much you have going out. Now work out how much money you have left over to spend as you wish at the end of every month. Take this figure and set at least 30-40% of it aside. So, for example, if you have $500 to spend, save at least $150 to $200 each month as it will all build up over the course of a few months.

  1. Stick to your Budget

I know how tempting it is to stray from a budget and spend just a little bit of it on a night out or some video games, but the truth is you won’t be doing yourself any favours. If you are tempted to stray from your budget, the best thing you can do is to think about your upcoming vacation, and how much you’ll enjoy not having to worry about cash.

Stick to your budget no matter what, if this sounds impossible, give your money to someone you can trust and ask them to keep hold of it until you go on vacation. This will help to prevent you from dipping into that $150 to $200.

  1. Work a Few More Hours if you can

If you have a job where you can work a few extra hours each week and get paid for it, you may want to think about doing this. An extra 5-10 hours at work each week for the next few months could help you to save up a nice bit of cash. Just ask your boss if there are any more shifts available, and see what crops up. If your current place of work cannot offer you anything extra consider getting a 10-hour job somewhere else, and save the money you earn.

Yes, you will have to pay tax on your additional earnings, but chances are you’ll have a nice amount of cash at the end of each month, and that cash can go straight into your savings account.

  1. Stop using your Credit Card

Most of us have at least one credit card, and some of us tend to use our credit cards a little more often than we really need to. I know how easy it is to use a credit card, especially as it doesn’t feel like you’re spending real money. However, when that statement arrives at the end of the month it can hurt the bank balance a little. Why not put a stop to this and refrain from using your credit card unless you really need to? You could find that you save yourself at least $50 every month, which over the course of a year adds up to a nice $600 that you could spend on your vacation in Crete. Makes sense, doesn’t it?

  1. Make your Meals From Scratch

You don’t have to be the best chef in the world to make your meals from scratch. You also won’t need to have more than 15-30 minutes to spare every day so you can prepare your meals. But what has cooking from scratch got to do with saving money? it’s simple, cooking from scratch is a lot cheaper than eating those pre-packed meals that really don’t taste very nice.

Let’s imagine you would like to cook yourself a curry. You’ll need to go out and buy all the ingredients which can seem like a bit of a spend, but chances are you’ll have some of the ingredients left over once you’ve finished cooking. This means that you can use those ingredients again for another dish, thereby saving you money.

Home cooked meals usually work out to be approximately $1-2 per portion, which is usually a lot cheaper than those TV dinners you like to dine on. Plus there will be leftovers too, which means you can enjoy the same dish another day without you having to spend any more cash. Makes sense, doesn’t it?

There are some very simple ways for you to save money for your vacation, all you need to do is put these tips into action. Start saving money for your vacation to Crete today so you can enjoy your time away without having to worry about spending too much. Just think, the sooner you start to save, the more money you’ll have to spend on your vacation, and that’s never a bad thing.

Latest Comments

  1. Sannymum December 6, 2018
  2. Sannymum December 11, 2018

Leave a Reply

Back to Top ↑