vacation Archives - Sharkey, Howes & Javer

May 09 2016

190

9 Ways to Keep Your Vacation Spending in Check

By Brittany Samples | SH&J Blog, Tips | No Comments

Summer is around the corner and many of us are starting to plan vacations. We love to explore the world, but the dollar signs quickly add up. Here are 9 ways we have found to save money on your vacation and make the most of your travels.

1. Travel off season

Try to avoid traveling during peak travel times such as spring break, summer, or over major holidays. For example, you’ll have to bundle up, but visiting Europe in the winter can be quite enjoyable and lower your overall costs. Traveling in the off season may require more preparation on your part, but should save you money in the long run.

2. Stay off the beaten path

Look for hotels, hostels or even AirBnB apartments or homes at least 6 blocks away from any major tourist destination. The farther away from the city center you stay, the more affordable your lodging bill may be. However, booking too far away from your favorite destinations increases your transportation costs and time spent on traveling.

7 Tips to Save for Winter Vacations

By Brittany Samples | SH&J Blog, Tips | No Comments

Here in Colorado the snow has started to fly and many people are planning their winter escapes or ski vacations. As you are planning for some winter fun in the next few months, we suggest taking a look at your finances and creating a savings plan to keep the stress meter low and the fun meter high.

Here are 7 tips to save for your winter vacation while saving some additional money along the way:

Calculate the Cost

Start by figuring out how much your trip will cost. Be sure to include flights, transportation, lodging, meals, activities or excursions and souvenirs. If you have dates in mind for your trip, divide the total cost over the number of months you have before your travel. (Cost of Trip / Months Before Travel = Monthly Savings Rate) If the monthly savings goal is too much, consider pushing back your travel dates.

Create a Vacation Account

To keep from dipping into your vacation savings before the big trip, create a separate vacation savings account. Put your vacation savings directly into the account and don’t touch it until it’s time to buy airfare, put down a deposit, etc.

Five Tips to Keep Your Spending (and Your Stress Level) in Control on Summer Vacation

By Brittany Samples | SH&J Blog, Tips | No Comments

Summer. It’s the season most of us spend the rest of the year waiting for. We look forward to vacations, time off and traveling with family and friends, picturing ourselves relaxing and celebrating the good things in life.

But we spend far less time thinking about how we’ll pay for it.

Without a little forethought and planning, a few weeks of fun can turn into months of credit card bills. With that in mind, here are a few tips to keep your summer spending under control so you can make memories without creating a financial burden that could last the rest of the year.