How to save money for a vacation fast
Working out how to save money for a vacation fast isn’t rocket science. By using these smart tips and tricks, you’ll be swapping your office chair for a lounge chair on the beach in no time!
Cut down on your grocery spending
If you can cut back on your grocery spend each week, you’ll be amazed by how much you can save over the course of a few months. One of the best ways to do this is to plan all of your meals in advance. This means that you can calculate precisely how much you’re going to spend before you go shopping and reduce your chances of going over budget.
An additional tip is to consider going meat-free once a week. As meat is generally more expensive than vegetables and vegetable-based products, it’s worth choosing at least one day a week where you go without it. This small weekly saving will add up over time.
On top of that, make sure you look at the products being sold on the lower-level shelves. Supermarkets often put their most expensive produce at eye-level, encouraging you to spend more, while their cheaper products are closer to the ground, making them harder to spot.
Designate a no-spend day once a month
To help make money-saving a habit, nominate one day each month where, aside from your fixed costs, you’ll spend absolutely nothing. This could mean making all of your meals from the ingredients you have at home, opting to socialize in the park or at home, and having a relaxing evening reading or watching the TV. Once you’ve gotten used to this, you could increase this to two days a month, and perhaps even one day a week to really increase your monthly savings amount.
Sell your unused items
If you want to start saving money for your vacation fast, it’s worth doing an audit of all your unused possessions and selling them on an online marketplace such as eBay or Nextdoor. Not only does this help declutter your home, but it can also mean earning quite a good amount of extra money which you can put towards your holiday savings goal!