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Summer is here, and it’s time for your getaway!
While it’s great to get away for some fun in the sun, sticking to a budget is a must, even when on vacation. This year, attack your vacation with a financial plan you can actually keep by following these tips:
Before you start working on a vacation budget, consider an alternative to a conventional getaway that can provide an escape from real life without the prohibitive price tag.
If you just gotta splurge on a typical getaway, here’s how to create a realistic budget:
Now comes the hard part: sticking to your budget while on vacation.
First, consider using cash. You’ll be forced to stick to your budget with no way to overspend. Just make sure you plan for how to keep it secure at all times.
Next, make advance reservations when you can. This way, you have fewer spending choices for when you’re actually on vacation.
Finally, keep a copy of your vacation budget handy while you’re away so you can pull it out whenever you come up against a spending challenge.
Don’t let your budget go on vacation!