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Vacation to Debt-Free Island.

It’s the end of April and spring is finally here – well, sort of. The weather may not be cooperating in the mid-west, but we doubt unpredictable weather will hinder planning your dream vacation for this spring or summer.

Vacations can be good and bad – they allow for a change of scenery, exploration, and relaxation. However, vacations can also break the bank, especially since a lot of Americans resort to using their credit cards to pay for them. It doesn’t have to be that way; there are a couple of easy things you can do to ensure you have the money for your getaway.

A little here, a little there: If you’re following a budget, maybe make some alterations so it includes a travel fund. Set aside whatever you can afford for your future travel expenses. Even setting aside $50 every two weeks could give you $1,200 annually. It adds up quick.

Extra, extra, read all about it: Read about what’s out there and consider looking into an all-inclusive resort or cruise. Extra expenses can get out of hand, and often times it’s difficult to factor in how much you’ll actually spend. All-inclusive packages allow you to pay for your vacation ahead of time, so by the time you’re there, you have nothing to worry about.

By the way, all inclusive packages are excellent for families because they take the guesswork out of a family vacation. You know exactly how much you’re going to spend on food and entertainment from the very beginning – no more searching for inexpensive dining and entertainment options!

Can’t afford it? Don’t do it: It’s as simple as that. Just because you see a fancy vacation deal doesn’t mean you should go for it. If you don’t have the money to travel without dipping heavily into your savings, then just put your plans on hold for a bit. Your vacation should be worry-free and debt-free.

Posted: 4/25/2013 with 0 comments

Categories: Budgeting, Credit, Saving, Spending

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