Are you dreaming of a vacation but don’t know how to save money? Don’t worry; you’re not alone.
Many people struggle with saving money for a dream vacation, but with some planning and effort, it’s possible to spend money wisely and make it happen.
This blog post will show you 7 ways to make additional money and ways to save for your vacation budget.
From setting up a vacation fund to using rewards credit cards, we’ll give you all the tips you need to make your next trip a reality.
One of the most important things to do when saving for a vacation is to create a vacation budget and vacation savings plan.
This means identifying all the travel costs, such as plane tickets, rental cars, transportation expenses, food costs, and other cash necessities, and figuring out how much you need to save each month for your travel fund.
Setting up a vacation savings account at your bank, separate from your checking account, can help you stay on track.
Another great way to increase your monthly savings for a vacation is to increase your income. This can be done by taking on a side job or starting a small business in your spare time to make more money.
You can also earn extra money by having a yard sale or selling items you no longer need.
Rewards credit cards can also be a great way to save for a vacation.
Using a rewards credit card for everyday purchases, you can earn points or cash back for your holiday savings.
Finally, automating your savings can help your holiday savings grow. You can ensure that a set amount goes toward your vacation fund each month by setting up automatic transfers to your vacation savings account.
Start saving today, and you could take that big trip you’ve always wanted in a few years. Remember to stick to your vacation budget and savings plan, and you’ll be able to reach your vacation goals in no time.
Setting up a vacation savings bank account.
Setting up a saving account for vacations at your bank, separate from your checking account, can be an effective way to save money for a vacation because it helps you stay on track by making it more difficult to access the funds you are saving. When the money you are saving is in the same account as your regular account, it can be easy to transfer funds over or to spend the money on something else.
Having a separate savings account creates a physical barrier between your spending and your vacation savings, making it less likely that you will accidentally spend the money you are saving.
Additionally, having a separate vacation savings account can make monitoring your progress toward your vacation money savings goal easier. You can see exactly how much money you have saved and how much more you need to save without sorting through other transactions in your regular account.
Finally, many banks offer higher interest rates on savings accounts than checking accounts, so by opening one, you may earn more interest on the money you are saving. This can help your vacation money grow faster.
Overall, setting up a holidays savings account at your bank, separate from your regular account, can help you stay on track with your vacation money savings goals by making it more difficult to access the funds, making it easier to monitor your progress, and potentially earning more interest on the money you are saving.
Increase your income and save money for your dream vacation fund
1- Online Teaching
If you speak English, there’s a big chance you can find an online English tutoring position as a side hustle. This can get you up to US$22 an hour.
You’ll need, at the very minimum, a bachelor’s degree and proof that you’re fluent in English. You’ll be dealing with students at the middle school, high school, and University levels.
Here are a few websites you can check for online tutoring positions and make additional money for vacation time; this might be the easiest and fastest way to make some extra cash.
Investment needed for this side gig: Just a good headset
- Skooli
- VIPKid
- DaDa
- QKids
- iTutorGroup
- Gogokid
- Whales English
- English Hunt
2- Freelance to save money for your trip
This is very broad, I know. Plus, freelancing is not precisely easy; all the work that goes into finding clients and setting up a payment platform that’s enough to put a lot of stress on you and is not easy.
Luckily you don’t have to worry about finding clients and payment processes; some platforms already took care of this; ever heard of Upwork and Fiverr?
The most challenging part might be getting in, but if you have solid experience in a field like website development or finance, you can increase your vacation budget.
Then it is all about applying for jobs.
Also, do you research where it is the cheapest to go for a holiday, looking for a tropical island?
Top Tropical Islands for a Mindful Retreat That Won’t Break Your Budget
3- Sell Your Creations and save that money
Are you passionate about pottery or bakery? Then you might make some additional money for your vacations by selling them online.
I have a friend who makes beautiful cakes, and she loves doing them. So she created a Facebook and an Instagram page, took photos of a couple of them, and put them there.
She also created some lovely banners using Canva; she included price and contact information; she went one step further and invested a couple of dollars in Facebook ads.
In one week, she got two orders and made some extra money.
This is a relatively easy and fast way to make extra cash for those vacations you want to take.
The first step is Creating a Facebook and Instagram page for things you already do in your free time is easy; then you pay for some ads, make sure they target people in your locality, and you’re ready.
Delivery is one more thing you’ll have to think about; make sure you account for its cost in the final price for your cake or whatever it is you want to sell.
4- Become an Uber Driver and save that income
I’m pretty sure you get the idea here. If you have a car, you can become an Uber driver and bring people from point A to Point B during your free time.
Well, you’ll need more than just a car; you’ll have to gather some documentation and submit your application here, https://www.uber.com/tw/en/drive/requirements/.
There are 3 minimum requirements
- Meet the minimum age for driving
- No criminal or major accident record
- Being a national citizen of the country where you intend to drive
Gathering all the documents might be a bit bothersome and time-consuming, but once you have it all, you must upload and wait for your application to be processed.
It’s all worth it to make it through your bucket list of places you want to visit
Ways to save money traveling through Europe.
5- Pet Sitting
You could do this on the weekends to increase your travel budget. For example, if you live in a big city like New York, you could charge US$25 an hour; US$ 10-15 is more common in rural areas.
First, you need to genuinely like cats and dogs and have the space and free time to care for someone’s pet.
- Walking
- Grooming
- Bathing
- Visits to the vet
These are all services you can/have to offer; you can not just take someone’s pet and lock it away in a room.
You can become a pet sitter through websites like
- Wagwalking.com
- Rover.com
This is the best way to pull this off and start making extra fast money for that vacation budget.
Your other option would be to create your Facebook/Instagram page and promote your services in your local area, but you’ll have difficulty getting people to trust you with their pets.
6- Take Surveys
You can make some additional money for your vacation budget by answering questions; there are a couple of websites you can try.
- My Points
- Survey Junkie
- Vindale Research
You’re probably not going to make vast amounts of money, and it will take some time before you can make, say, US$100. So you won’t qualify for every single survey.
Depending on where you’re traveling and how you travel, US$100 can get you 2 or even 4 hotel nights in a country in the east of Europe or a tropical island in Central America.
This is a legit way to make some additional money fast.
7- Sell Your Old Stuff or Stuff that You No Longer Want
I’m pretty sure you have a few things lying around that you no longer need or want, especially in the electronics category; you can increase your travel budget selling them; with so many new gadgets coming out every year, the amount of “old” electronics in our houses keeps growing.
Well, you don’t have to keep them in a drawer or a corner or throw them away; list them on the following sites and see if you can make a couple of bucks for your upcoming trip.
- eBay
- Swappa
- Gazelle
- OfferUp
- VarageSale
- Poshmark
- thredUP