When you’re planning your budget for your next holiday, you might be worried about how much you’re going to have to spend. Or, maybe you’re putting off taking a holiday because you can’t afford it. Either way, there are a number of ways that you can ways to save money for your next holiday so you can enjoy it without breaking the bank.
How to Save Money for Your Next Holiday
Here are the top 5 ways to save money for your next holiday.
House sitting is a great way to save money for your next holiday. Rather than spending money on rent each month, you can live in somebody else’s house for a time. Recently, there has been a huge rise in demand for house sitters, so it’s easy to find a place near you where you can live for as long as you’re needed which can mean saving thousands of dollars every year on rent.
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This is another way you can save money while on holiday, too. There are opportunities for travelers to go nearly anywhere in the world and rather than spending money on accommodations, you can house sit for someone. Then, you can put the money you saved on this holiday towards your next holiday.
Set up a Holiday Account
To combine all of these and keep focused with your holiday-saving, open up a bank account dedicated to saving up for your next holiday. You can connect it to your current account and set up automatic transfers every month to guarantee that you’re setting aside money, and add extra money in there whenever you can.
It will take some self-control to avoid spending money from this account, especially if you have unexpected expenses come up or find something you really want, but do what you need to keep yourself from touching that money. Over time, you may even get some interest on the account, allowing you to save even more money for your next holiday.
Buy in Bulk
There are so many things that you can buy in bulk to save money, starting with food and going all the way to necessities like paper towels. As long as you have the space for it, you can go to big bulk stores where you can buy everything you need in bulk. Even a quick look around will reveal how much money you can save by buying in bulk instead of as-needed.
If your flat is much too small to be able to buy everything in bulk, consider finding a couple of friends who have the same problem and go shopping with them. You can then split the cost and the goods so that everyone is able to save money, and still have enough space to store everything until you’re able to use it.
Sell Stuff You Don’t Need Anymore
If you take a minute to look around your house, it won’t take you long to find at least a few things that you simply don’t need anymore, or don’t use often enough to justify keeping. Start selling these things online, whether you use eBay or Facebook groups to let people know what you have for sale, and then use that money to go towards your next holiday.
Ditch the Gym
We get that you want to have a perfect beach body for your next holiday, but that money that you’re spending at the gym could be put towards the holiday instead. Then, to keep up your physique, work out at home instead. The internet can be an amazing resource for workouts, especially YouTube where you can find a number of great exercise routines, and all for free.
What about you? What are your favorite ways to save money?