Tips for Planning Your Vacation Budget

Vacationing with your family is a great way to make memories and spend quality time together. However, budgeting your money should be a key factor in deciding where and how to spend your upcoming time off. Financially straining your bank account or adding purchases to credit cards may quickly provide funds for a well-deserved break, but this short-sighted thinking will later lead to higher anxiety as the bills start rolling in.

Before topping off the gas tank or booking a hotel, take time to properly determine what you can realistically afford by creating a vacation budget. Since things usually end up costing more than anticipated, be sure to leave room for a little flexibility. After adding up the costs, if your dream vacation price tag is outside of your feasible budget, don’t be discouraged. Here are some great money-saving suggestions to bring your plans back in line with your pocketbook:

· Vacation near your own home

· Visit family to cut down on hotel expenses

· Travel with another family and share a condo or cabin

· Take fun day trips

· Travel during off-peak vacation times

 

Source: Uniroyal Tires.

 

Uniroyal Tire’s “More Mileage for Your Money” campaign is all about helping families get the most out of life by saving time and money.

For more travel tips and advice from Road & Travel Magazine, click here.