In just a few weeks, spring will be here, which means summer is just around the corner. If you haven’t already started saving for your summer vacation, it’s definitely not too late to start now. Whether you want to take a vacation overseas or you’re looking at a less expensive road trip excursion, saving money early for your trip is an important choice.
At Polam FCU, we have a number of tips designed to help you save money for your summer vacation in the most efficient and successful way. Here are a few of them:
Plan ahead – starting now! One of the easiest ways to save money on your vacation is to set a budget for your lodging, food, transportation and entertainment, and not veering away from that budget. Saving receipts will help you keep track of what you’ve spent, and steering clear of impulse purchases will help keep your budget steady.
Open a savings account for your vacation. If you don’t already have a Polam Vantage Savings account, why not open one to save money for your summer vacation? Our accounts have amazing features, including no monthly or annual service fees, low opening and minimum balance requirements, and access to our rewards program!
Avoid unnecessary spending. As mentioned above, avoiding impulse buys will immensely help your vacation budget. Clipping coupons to save money on everyday items will help ensure your vacation fund will be fuller by the time your trip rolls around, and any money you save should be set aside for your trip.
Hold onto your tax refund, if you receive one. We’re in the middle of tax season, and if you received a refund, why not set it aside for your vacation fund? Avoid the temptation to spend it on something new, and use it to give your trip a boost