Four ways to start saving money for a family holiday
February 25, 2019
I don’t know anyone that doesn’t look forward to their annual family holiday. You’ve worked hard all year – either doing your 9-5 or at home, chasing after the kids and you deserve to put your feet up for a couple of weeks. But before we cram too much into our suitcases and convince the children we don’t need to pack the TV, there’s the little matter of saving…
Paying for the holiday itself can be done in little instalments, making it easy to keep on top of each month. But what about the extra spending money? Ice creams, activities, holiday clothes, days out, even meals – it all adds up. You might be thinking you’re going to need to jump into your savings or cash in an old investment to pay for the holiday you deserve – check out Golden Eagle Coin for the latest in investment pieces – but that’s just not true.
Check out these 4 ways you can start saving money on your family holiday, right now.
Don’t cash out on big entertainment
Most of us pay for some kind of streaming service at home. Whether that’s Netflix, Virgin Media, or TV entertainment package. Ask yourself can you go without it? In the run-up to your holiday, consider cancelling one or more of your entertainment subscriptions and save the money for your holiday. You can always watch TV the old fashioned way and use catch up services which are usually free.
Secondly, if you’re a regular at theme parks, zoos, aquariums and the like at the weekends, then stop spending big money keeping the kids busy and save that money for the holiday instead. Take them to the park, to attractions that request a donation not a fee, or head to your local library and see what free events are coming up.
Make a list!
Who doesn’t LOVE going out to buy a whole new holiday wardrobe? I do! But if you’re tightening your savings belt then listen up. Make a list of everything everyone needs BEFORE you hit the shops. Also, don’t be tempted by an extra top here or pair of sandals there. It all adds up and you’ll be shocked when you get to the till.
Staying with holiday clothes and accessories. Before you go on your annual shopping trip, pull out everything in your wardrobe and see what you already have! Most holiday clothes are banished to the back of the wardrobe or left in suitcases once the summer draws to a close. So have a look at what you already have before you head out and buy more of the same thing. As for the kids – do the same thing and remember there’s nothing wrong with hand-me-downs!
Plan your meals
Many of us still head to the supermarket with a vague idea of what people love to eat and what meals the family will eat. But if you specifically plan your meals and all snacks, then you’re more likely to stick to a specific budget.
Any items marked with an (*) have been gifted from a company, PR sample or paid for with a gift voucher. All opinions are my own and honest. Do not use content/photographs without my permission or credit.