1. Start a Separate Savings Account: Those who have the most success in saving for a summer vacation are those who start a separate savings account. From now until vacation time, save all the extra money you can and you can also accrue some interest, as well. One of the best ways to not be tempted to spend it is to set it up so that some of your paycheck automatically goes into this account.
2. Book Ahead: If you are planning to fly, start looking at all of your flight options early. As the summer months approach, flight prices will skyrocket. It is best to book as early as you can for your summer vacation. This is also true of hotel rooms.
3. Live Frugally: It may be that you have to miss a concert or weekend get-a-way with your family or friends; however, it will pay off when it is time for your vacation. Plan your vacation for later in the summer in order to save up some money beforehand. One simple way to live more frugally is to reduce your grocery bill by cutting back on some of your more expensive snack items.
4. Use your Travel Reward Points: Many credit card holders miss out on a ton of savings by ignoring their reward points! If you have a credit card or multiple cards that rack up on travel points, now is a great time to cash them in.
5. Go All-inclusive: Some all-inclusive deals are the best ways to save money on vacations. Look for these types of deals for cruises or at resorts and it can save you a bundle, especially if you are traveling with children.
Click here to read more on the five best ways to save for your summer vacation.
If you are in a financial crisis and are considering filing bankruptcy, contact an experienced Miami bankruptcy attorney who can advise you of all of your options. As an experienced CPA as well as a proven bankruptcy lawyer, Timothy Kingcade knows how to help clients take full advantage of the bankruptcy laws to protect their assets and get successful results. Since 1996 Kingcade & Garcia, P.A. has been helping people from all walks of life build a better tomorrow. Our attorneys’ help thousands of people every year take advantage of their rights under bankruptcy protection to restart, rebuild and recover. The day you hire our firm, we will contact your creditors to stop the harassment. You can also find useful consumer information on the Kingcade & Garcia website at www.miamibankruptcy.com.