Family vacations can be costly. You don’t have to let the cost of a vacation deter you from taking a trip with your family. If you budget right and know what expenses you can reduce or eliminate, you can have the family vacation of a lifetime. Here are 3 unique ways to save for your family vacation.
1. Downgrade Your Vehicle
If the vehicle you’re driving is more for the purposes of impressing others than its affordability, then scaling back to a less expensive model or brand could mean some extra cash for that family vacation you want. You can get a car valuation to determine how much your vehicle is worth so you can get the maximum trade-in value. Another benefit in downgrading your vehicle is the savings in using a lower octane gasoline.
2. Carpool to Work
Carpooling is cost-effective and eco-friendly. Several people “chipping-in” on the gas bill is better than your carrying the cost yourself. Car prices are continually increasing. Instead of purchasing an additional family vehicle, carpooling will be less expensive than making a monthly car payment.
3. Take Public Transportation
In you live and work in a major city, most likely there is easy access to public transportation. To decide if taking public transportation will save you more money versus driving your car, some things to look at are the number of buses or trains you will need to take, the bus or train fare, the cost of gas and monthly car maintenance.
Applying these unique ways to save money to your budget can give you that much-needed and long overdue family vacation you desire.