Have you considered ways to help save for a vacation?
Day to day life gets expensive and things get in the way of saving for that vacation you have been dreaming of. Instead of trying to save up money on top of normal expenditures, try to find something simple and easy to cut out. Here is one that I found easy to do:
Skip those alcoholic beverages when going out to eat.
Simply cutting out the beverages part is much easier than trying to commit to not going out to eat. For most, going out to eat is inevitable and that resolution probably won’t hold up long. Besides, going out to eat is fun and a good way to relax.
Even if we consider conservative estimates, the savings will add up quick. Say one person spends $10 in drinks (including tax and tip) going out to a restaurant once a week for a year. That’s $520. $15 in drinks once a week for a year is $780. $20 in drinks once a week for a year is $1040. Take even the lowest amount of $10 in drinks and say you average going out twice a week for a year and that’s also $1040. I’m sure you get the idea.
Now this is not going to be easy at first. The first time you are handed a drink menu or told drink specials, it will be hard to say no. But you need to remember this is not a punishment – you are doing this for yourself. Directly putting the money you saved forgoing the drinks into a vacation fund and watching it build will make it easier over time. It all just starts with making a commitment.
I have regretted spending too much money on drinks but I have never regretted spending too much money on a vacation.
Comment below on which location you would rather enjoy a beer!