Going on a vacation while sticking to your budget may require some creativity, but lots of families do it. Taking time away from everyday routines is good for relationships. It’s also a healthy way to keep stress in check.

vacation-on-a-budgetStep One: Mental Shift

The first step to planning a great vacation on a budget is to make a mental shift. Many people think of vacations as purely a luxury item. While private jets and months lounging around Europe may be luxurious, most people simply want quality time with their loved ones in an unfamiliar yet fun location.

It’s time to start thinking of a vacation as a necessary part of a happy life. With a bit of planning, a weekend away doesn’t have to blow the family budget. Make it a priority and save for your time away like you save for other seasonal expenses. Automatic savings apps can be helpful.

Set aside a certain amount each month for your vacation fund. Even a small amount taken from each paycheck and stashed away in an envelope can help make your vacation dreams come true.

Where To Stay

Vacation Rental by Owner (VRBO) and Airbnb opened a whole new world to people who love to travel. People who own property in desirable areas can rent their home, cabin, condo, or second home for a fee through these online portals.

Renters can filter results by location, price range, bedrooms, bathrooms, and choose amenities like a furnished kitchen, swimming pool, or proximity to popular tourist destinations.

Hotels are always an option, but they are often more expensive than the much larger and better-equipped homes and apartments for rent on these two websites.

What To Eat

Even fast food and snacks at the gas station add up fast on vacation. Not only are they bad for your budget, but they can cause avoidable tummy troubles for kids.

If you are driving to your destination, pack a cooler with bottled water and favorite beverages. It’s much less expensive to buy those things at the grocery store a few days before the trip.

Saving money on things that don’t necessarily make a vacation better, like more expensive snacks, means you can spend more on fun things like a local meal at a great restaurant or extra spending money for souvenirs.

Another perk that comes with VRBO and Airbnb rentals is the possibility of having access to a fully-equipped kitchen and a dining table. If your trip is more than a few days long, you and your family may appreciate a night “in” and a home-cooked meal. Spaghetti and cheese bread at home-base after a busy day of fun is a nice way to unwind.

What To Do

Before the trip, talk with everyone who’s going along and find out what their priorities are for the vacation. Maybe you have a teenager who would love to see a baseball game and a middle school student that’s enthusiastic about history and wants to visit a certain museum. Try to make time for both activities and encourage the rest of the family to be gracious, even if it isn’t at the top of their list.

Researching admission fees ahead of time is easy with a simple Google search. A bit of time spent online can save the stress of surprises upon arrival at your destination. In many cases, purchasing tickets ahead of time means you’ll get a discount.

If local museums have free admission days, plan your trip accordingly. Most cities have a lot of popular activities that don’t cost anything. Search, “Free things to do in (destination city)” for ideas.

Vacationing with your family or significant other doesn’t have to ruin your financial wellbeing. Make it part of your budget and start making memories.

Learning to manage a budget becomes a fairly simple task with a bit of practice. Take a look at The Basics of Budgeting to get started.

Category: budgeting, vacation

December 26, 2017
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