Nine neat ways to save money to put toward your vacation fund

Updated on October 22, 2019
Nella DiCarlo profile image

I like to travel often and enjoy exploring new places for food and drink, hotels and sights.

Make your dreams of sun and leisure come true.
Make your dreams of sun and leisure come true. | Source

1. Save the Price of Your Latte or Muffin

Save some coins (especially loonies and toonies); give up a daily latte or muffin, or buy coffee only a couple times a week (instead of daily), and pretend you actually spent at the higher level. Putting these coins in a jar or piggy bank really can add up after several months. Roll 'em up and put them toward your vacation spending money. Or simply save your change from a couple of small transactions through the week; just be sure it doesn’t lead to you withdrawing more cash and blowing your weekly spending budget.

2. Save the Price of Your Lunch

Set aside $5 and $10 bills (or even $20!) in an envelope when you bring your lunch instead of buying it. Bank it when it builds up a bit. This can help bring down the cost of your vacation and you will have the added bonus of healthier eating. Often when we go out for work lunches, we don’t enjoy the fast food options all that much, especially if it’s a costly weekly pattern. Plan some simple and satisfying options from home and save.

3. Bank the "Itemized Savings" on Your Grocery or Drug Bill

Note the itemized savings on your grocery or drug store bill and transfer the amount to your vacation fund savings account. This amount can be significant. Sometimes we buy things because they are on sale so that we can keep costs down. But if you can afford it from every receipt, add the amount up weekly—it’s a great way to build up vacation cash. Even if you can only do this occasionally, it’s a good incentive to look for more sales! Just don’t buy too much, and don't buy an item only because it’s on sale (especially in multiples).

4. Break Out of Your Local Dining Routine

Think about how often you need to eat at your local chain restaurant. Is it really worth it? While it is nice to get out and socialize locally, going to the same place over and over and ordering too much food and drink is an expense that can really cut into your disposable income. Perhaps an excellent meal on your next vacation would be a good trade-off? Another option is to go out for a drink and split an appetizer (rather than ordering a full dinner) when meeting up with a friend a little later in the evening. Or just have them over and enjoy some low-cost social time at home.

5. Pick Entertainment Options Near Home

There are so many things to do in our cities or nearby, such as concerts, sporting events and movies. While going out and enjoying nights out can be fun and cheaper than travel, consider giving some activities up and put the money towards a bigger travel goal. Going to big name concerts in your closest major city can really be exciting, but it can be a hassle too, and a high-cost one depending on the artist. Live sporting events can be fantastic, but it can also be fun to go watch a big game on the big screen at your local sports bar. Try and balance the spending and put some cash saved towards a vacation.

6. Simplify Your Wardrobe

Many of us love shopping for clothes, but try shopping less often. Even inexpensive clothes purchased too often can add up significantly. Shop your closet, and wear things more often for a while. Wait until you really love an item or really need it before you shop. This will make it easier to come up with a budget for a trip!

7. Find Buried Treasure at Home

Get your space organized and clean before you shop. It will help you realize you have more stuff than you think, give you a refreshed appreciation for your home, and help you hold off on buying more décor or organizational items that you may not need just yet, or at all. It is also a good way to keep busy and distract yourself from going out and mindlessly spending money.

8. Do Free Things

Take advantage of free things to do in your community and at home. Go for a walk in your favorite city park, hike on a local trail instead of shopping at the mall. Participate in a book club at your neighborhood library. Spend some time window shopping rather than spending. Relax on your patio or in your backyard. Take things back to basics, and add up the savings and plan your getaway!

9. Be Flexible When Planning Your Trip

Be aware of costs when booking your travel dates and activities. When you have a travel goal in mind, take into account the big picture such as how long you will be there, how much spending money you realistically need, which activities are actually must-see, and which you can bypass. This can lower costs. Take advantage of the free things to do in the city or resort. Don’t be so caught up in a trip that you end up going at any cost; often just adjusting your travel date by a couple of days or a week can save you significant money.

Sometimes adjusting our spending habits and getting creative can help us achieve our travel goals. Enjoy the journey!

Questions & Answers

    © 2019 Nella DiCarlo

    Comments

      0 of 8192 characters used
      Post Comment

      No comments yet.

      working

      This website uses cookies

      As a user in the EEA, your approval is needed on a few things. To provide a better website experience, toughnickel.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

      For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://toughnickel.com/privacy-policy#gdpr

      Show Details
      Necessary
      HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
      LoginThis is necessary to sign in to the HubPages Service.
      Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
      AkismetThis is used to detect comment spam. (Privacy Policy)
      HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
      HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
      Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
      CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
      Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
      Features
      Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
      Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
      Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
      Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
      Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
      VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
      PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
      Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
      MavenThis supports the Maven widget and search functionality. (Privacy Policy)
      Marketing
      Google AdSenseThis is an ad network. (Privacy Policy)
      Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
      Index ExchangeThis is an ad network. (Privacy Policy)
      SovrnThis is an ad network. (Privacy Policy)
      Facebook AdsThis is an ad network. (Privacy Policy)
      Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
      AppNexusThis is an ad network. (Privacy Policy)
      OpenxThis is an ad network. (Privacy Policy)
      Rubicon ProjectThis is an ad network. (Privacy Policy)
      TripleLiftThis is an ad network. (Privacy Policy)
      Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
      Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
      Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
      Statistics
      Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
      ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
      Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
      ClickscoThis is a data management platform studying reader behavior (Privacy Policy)