9 Smart ways to save money for your dream vacation!

Last Updated on January 28, 2020

Wanderlust is probably the word that best describes this millennium, and the world is so big and full of wonders that it is hard to pick one dream vacation. And even though travel websites gather a fair amount of travel deals, offering cheap airfares for a myriad of destinations, most of us have that one place we have always wanted to visit but that is somehow out of reach because of our budgets… Well, we bring to you a list of 9 tips that can help you save for your dream vacation.

Read on to find out!

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1. Keep it real

If you are wondering how to save money for travel, the first step on our list is to set reasonable goals. If you live out of your paycheck and you have many expenses, you have to be reasonable and honest with yourself about how much money you can set aside for the trip of your dreams, and start planning from there. It may take you more time, more effort or a change of plans, but it is important to plan for something that you actually think you can achieve, otherwise you may end up giving up on saving money out of frustration for not reaching your goal.

2. Set the money aside

If you have bills to pay, that is a priority. But if you are one of those people that can’t resist the urge to splurge every time you have some money left, it’s time to create a travel savings accounts– you can even talk to your bank and set up automatic transfers every time your paycheck drops. Look into the best travel savings accounts because some banks even offer you a percentage just for having your money there.

3. Use your smartphone to save money

Smartphones are a great tool in our everyday lives, but we bet you never thought it could be useful for your travel savings. You have many apps to save money for travel, like Digit, which will basically take a small amount from your account every day and transfer it into a separate account. It will also let you know how close you are to your goal.

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