Saving for Your 2023 Summer Vacation

It’s official – warmer weather is on the horizon! Not only are we about to enter into spring and all that comes with it, citizens have been healthier than ever in the last year. If you haven’t already started saving for your 2023 spring or 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.

We have a number of solid tips designed to help you save money for your spring or summer vacation in the most efficient and successful way, even if you’re just now getting started. Here are a few of them:

Plan ahead – don’t wait until it’s too late!

One of the easiest ways to save money on your vacation is to set a budget for your lodging, food, transportation, and entertainment, and doing your best to not veer 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 Savings account, why not open one to save money for your 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. You can also manage your savings through our online and mobile banking platforms

Avoid unnecessary spending.

As mentioned above, avoiding impulse buys will immensely help your vacation budget. Collecting and using coupons to save money on everyday items will help ensure your vacation fund will be fuller by the time your trip comes around, and any money you save should be set aside for your trip. Also, keep track of your uChoose rewards points as a Polam member – you may be able to save a bundle on your vacation with the points you earn just from being a Polam member!

Use your tax refund or leftover stimulus money.

We’re in the middle of tax season, and if you file early and expect to see a refund, you can use that tax refund for your spring or summer vacation. Also, some states like California have dispensed stimulus money to their citizens in the last year, and if you were the beneficiary and still have some left over, consider using it as well.