What is the number one thing that keeps you from traveling more often?
I'm sure I know the answer! Themoney , right?
Yes, everyone would like to travel and go on vacation more often.
But with all the daily expenses, saving money for the holidays seems impossible !
Luckily, here's a great technique I use every year to quickly save money for our vacations.
I present to you the challenge to save 1000 € in just 8 weeks and thus be able to go on vacation this summer. Watch:
Contents
Click here to easily print my guide in PDF.
My method is divided into 2 steps:
1. Save
2. Reduce expenses
Save ? Reduce expenses? I know... those aren't really the 2 most motivating things in life.
But believe me, this method is the least painful way to help you save money before you go on a trip.
2 small steps and you're done. You can save up to €1,000 more in your bank account... in just 8 weeks !
And €1,000... that's already a nice little budget to organize a great vacation, don't you think?
There's no secret... To have a great trip, you have to put some money aside! Here are my 2 tips for successfully saving money:
- Open a dedicated bank account :opening a new bank account for your vacation budget is the easiest and most effective way to save money. Why ? Because it avoids using these savings for your daily expenses. Besides, if you have a bank card for this account, hide it at home until you leave on vacation!
- Set yourself a precise and quantified objective: by setting yourself a precise and quantified objective, like here 1000 €, you have a much better chance of succeeding in putting this sum of money aside and achieving this objective. Any finance pro will tell you that those who set specific savings goals save hundreds of dollars more than those who don't set goals.
Another effective way to save money for a trip is to reduce your expenses and use this money for your vacation budget. Here are the 2 expenses I reduce when I want to save money fast:
- Restaurant meals and home deliveries :eating at a restaurant or having it delivered is much more expensive than eating at home. Do the math:just by cutting a single $50 restaurant outing per week, you're already saving $400 in just 2 months. Crazy, isn't it?
- Coffees at Starbucks and others: the lattes, cappuccinos, mochas… that we usually have before and after work are expenses that accumulate quickly! The proof, you can save up to 80 € in 8 weeks by preparing your own coffee at home instead of going to Starbucks or another coffee of this type.
There you go, you now know my technique for quickly saving €1,000 and going on vacation this summer :-)
Easy, convenient and effective, right?
And believe my experience, in just 8 weeks of savings and a few reductions in your expenses...
... you too will have €1,000 of travel budget in your bank account, before you even know it!