4 Seriously Smart Ways to Save For Your Family’s Dream Vacation

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Whether it’s the traditional theme park experience or an exotic trip out of the country, every family deserves to go on their dream vacation. The benefits of a “big” trip are three-fold for budding families…

  • Such a trip gives everyone from your spouse to the little ones something to look forward to
  • Vacations represent prime bonding time for you and your kids, especially if you’ve all been busy and haven’t ironed out specific bonding time throughout the year
  • The opportunity to make memories that will ultimately last a lifetime

That said, planning for a big vacation can be both daunting and depressing when you’re stuck on a shoestring budget. Thankfully, finding smart ways to save and slash the cost of your trip are likely within your grasp if you know where to look.

So, where do you start?

Digging for Deals

Whether you’re looking for a hotel, flights or tickets for tours and attractions, you should strive to never pay full price. Although these pieces of your trip are oftentimes the most expensive, they’re also the most prone for offers and deals throughout the year. For example, this MakeMyTrip coupon code is one of the many ways that families can save on flights.

Always keep on the lookout for deals and discounts, especially those which are time-sensitive. Sign up for mailing lists and be willing to jump on anything that’s going to keep your budget in check.

Planning in Advance

It’s oftentimes easier to save for trips when you start planning now versus waiting until the last minute. While you can sometimes find flash deals and sales on hotels and airfare, such deals rarely represent what you’d consider a “dream” vacation. On the flip side, knowing exactly what you want to do can better help you budget and figure what you need to save.

Another aspect of planning your budget comes in the form of rethinking your “big” purchases throughout the year. For example, it might make sense to forego big birthday presents for your spouse for the sake of saving. This is easier said than done when it comes to gift-giving for small children, but exploring the possibility of putting most of your gift money towards the trip is an idea to ponder.

Splitting the Cost with Extended Family

As the old saying goes, the more the merrier.

In some cases, it might make sense to invite your siblings or parents along for the trip for the sake of splitting some of the costs of lodging. Likewise, you might come in situations where staying with family makes sense for your ideal vacation. Simply make sure that you practice proper vacation etiquette when it comes to cost-sharing to avoid any bad blood.

Get Some Apps to Help

When it comes to saving, it’s oftentimes the small bits of cash you accumulate throughout the year that make the biggest difference rather than a lump sum (think: a tax return).

Finding opportunities to save small amounts over time is easier than ever thanks to the explosion of budgeting and finance apps to keep more money in your pocket. Whether it’s the Mint app which alerts you of your budget and savings goals or the Acorns app that automatically exports your spare change into a savings account, you’d be surprised at how small savings stack up.

Making your dream vacation a reality is possible when you know how to save. Sticking to these tips will keep you from breaking the bank and give you more flexibility while planning your trip.

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