Simple tips for vacation budgeting
Summertime means family camping trips and beachside vacations. From rental cars to theme park admission, costs can add up quickly.
But spending a little time planning can help keep you from spending too much on the road. Go, have fun, enjoy yourself! But make smart spending choices so you can do it all again next summer.
Restaurants
It’s easy to forget how much you can spend eating out every meal while on vacation, especially if you’re visiting touristy destinations. Determine how much you can afford to spend on food while on vacation. Then do some research on restaurants that will align to your budget. You can often find menu prices on a restaurant’s website.
Ground transportation
If you’re flying on your next trip, don’t forget the cost of transportation once you reach your destination. Cab fare to and from the hotel or rental car expenses can add up to a pretty penny when all is said and done. Remember to budget every ride you think you might take.
Activities
Sometimes the best moments on vacation are the ones that don’t cost anything. Ask locals about their favorite landmarks or recreational spots. However, don’t forget to budget for the more expensive activities you’re planning to do, such as visiting aquariums or museums.
Phone and internet access
If you’re traveling out of the country, don’t forget to ask your cell phone service provider about rates for using your phone, including the internet, to avoid surprise charges. Call the hotel(s) you’re staying at and ask them if they have Wi-Fi. Depending on where you’re staying, you might not have access to free Wi-Fi, so put some money aside and expect to pay extra fees.
Budgeting is made easier when you back it up with a healthy savings strategy. An Ignite Savings account will give you more for your vacation plans. Or if you already have some money set aside, consider a certificate of deposit. Our competitive rates will help you grow your budget while you wait for the big day to arrive.
Here’s to a memorable summer!
