If we’d live in a perfect world, we would not have to worry about the cost of going on a family vacation. The reality: Most people are struggling to save money to afford one only to later realize that they’re still short of several hundred dollars to take it. So if you’re someone who plans on taking a vacation to India with your family soon, but aren’t really confident in your ability to save up for it, what are some tips you could use to achieve that? Well, let’s take a look at some of them right now.
Start with a spending plan
It’s very important to make a budget for your vacation, but never try to cut on expenses such as the repair of your roof which could actually cost you more to fix in the long run, not to mention the damages it could bring about if you also decide to postpone the roof repair. Be specific about it by calculating the cost of plane tickets, including the cost of accommodation and guesstimate costs for museum admissions, park admissions, souvenirs and meals. If after you calculate the grand total you’re shocked, then try to cut back on costs (at least on paper at the moment) until you get a grand total that you can afford to spend.
Have a Pantry Week
How about having a pantry week where you’ll only eat what you have in your pantry instead of going grocery shopping? This is a good way to save a lot of money, especially if you want to go on your dream vacation several months from now. The good news is that you can also make this a lot of fun by pretending you’re stranded on a deserted island and you need to make the most out of what you have to survive.
Downgrade or Cancel Subscriptions You Don’t Really Need
Do you subscribe to a service such as a special cell phone plan, satellite TV or belong to a health club that you could easily downgrade or no longer use? If so, how about you drop your subscription altogether and stash the cash for your family’s upcoming vacation? On top of that, you may also want to consider cutting back on some nonessentials such as your trips to the batting cage, your weekly Yoga classes and so on. Keep in mind that the only thing you’re doing is trading some fun now for the great fun that you’re going to have later on. It may be a bit hard in the beginning, but once you realize how much money this can save you, you’ll be really happy with your decision.
Sell Stuff You Don’t Need or Use Anymore
Do you have stuff around the house that you don’t really need or use anymore? If so, then how about organizing a garage sale? This is an amazing way to earn some vacation money from your castoffs. What’s even better is that your garage sale can be an utter success if you take the time to post ads around the neighborhood, but also run an ad in the local newspaper to inform the people about it. Of course, prior to doing so, you need to check the local regulations concerning the posting of notices and if you think it’s going to rain, then the signs should be written in crayon.
Make A Little Extra Cash by Putting Your Car to Good Use
Has it ever crossed your mind that you can actually use your car in order to make some extra money? For instance, you’d be surprised to find out that there are actually quite a few communities that are ready to pay you good money to carpool to work and if that’s not enough, then you can make more money by working as a Lyft or Uber driver. Some people decide to rent their car though which can help them make about 3 thousand dollars a year.
However, if you think that you could actually make it without your car, then you can just ditch it completely like many others have already done. By doing so, you’ll be able to save about 12 thousand dollars a year. With that kind of money in your bank account, it’s easy to realize how lavish your next family vacation is going to be.