How to Budget for Holiday Travel
Budgeting makes travel better. It gives you a structure to save for your vacation and to plan out all the details you want to incorporate into your travel. With discipline and research, you might be able to expand your travel activities to include extras that otherwise would be out of reach. Not having the funds to book a five-star, all-inclusive vacation does not mean you have to don a backpack and hitchhike your way to the nearest hostel. Budgeting can help folks with even modest incomes to enjoy comfortable, well-planned excursions.
Establish a Holiday Fund
Create an All-Inclusive Budget
Plan Your Events
To the extent possible, identify “must do” activities, research their costs and include them in your budget. Planning and costing each day’s activities in advance will not only help you control your spending, but also can eliminate time spent needlessly combing the brochure rack at your accommodations or staring at a map hoping for something interesting to present itself. Corcoran says, “When you arrived at your destination, your first question should not be ‘Where to first?'”
Stretch Your Budget
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