(StatePoint) Whether it’s a once-in-a-lifetime tour of Europe or your annual trip to a beach house, intentionally budgeting for summer vacation can ensure you don’t throw your finances off course.
According to CERTIFIED FINANCIAL PLANNER® professionals, here’s how to plan your vacation without breaking the bank:
kAmkDEC@?8mq6 #62=:DE:4 p3@FE tIA6?D6Dik^DEC@?8m xE’D :>A@CE2?E E@ k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^2CE:4=6D^3F586E:?8^>2DE6C:?8\DF>>6C\3F586E:?8\J@FC\8F:56\E@\A=2??:?8\2?5\3F586E:?8\7@C\E96\D62D@?\29625Q C6=lQ?@7@==@HQm3F586Ek^2m 7@C E96 ECF6 4@DE @7 E96 G242E:@? E92E J@F 92G6 :? >:?5] q6J@?5 3:8\E:4<6E :E6>D[ DF49 2D 2:C72C6[ 9@E6= 2?5 42C C6?E2=[ 36 DFC6 E@ 724E@C :? 255:E:@?2= 6IA6?D6D J@F >:89E :?4FC[ DF49 2D 6?ECJ E@ 2EEC24E:@?D[ 4FCC6?4J 6I492?86 766D[ D9@AA:?8[ 6?E6CE2:?>6?E 2?5 5:?:?8 @FE] *@F D9@F=5 2=D@ 4C62E6 2 4FD9:@? 7@C 6>6C86?4J 6IA6?D6D] x7 E:>6 @77 7C@> H@C< H:== >62? E6>A@C2C:=J 62C?:?8 =6DD :?4@>6[ 36 DFC6 E@ 244@F?E 7@C E96 :?4@>6 5C@A 2D H6==]k^Am
kAmkDEC@?8m$6E &A 2 %C2G6= uF?5ik^DEC@?8m }@H E92E J@F 92G6 2 7:8FC6 :? >:?5[ :E’D E:>6 E@ k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^2CE:4=6D^3F586E:?8^>2DE6C:?8\DF>>6C\3F586E:?8\J@FC\8F:56\E@\A=2??:?8\2?5\3F586E:?8\7@C\E96\D62D@?\29625Q C6=lQ?@7@==@HQmD2G6 7@C J@FC 8@2=k^2m] rC62E6 2 DA64:7:4 D2G:?8D 244@F?E 62C>2C<65 7@C J@FC G242E:@? 2?5 2FE@>2E6 J@FC 4@?EC:3FE:@?D] x7 J@F ?665 96=A AC:@C:E:K:?8 J@FC G242E:@? H:E9@FE =6EE:?8 :E 56C2:= J@FC @E96C 7:?2?4:2= 8@2=D[ H@C< H:E9 J@FC 7:?2?4:2= 25G:D@C] *@F >2J E9:?< @7 E96> 2D D@>6@?6 H9@ @?=J 96=AD J@F H:E9 E2D<D DF49 2D k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^E@A:4D\2\K^C6E:C6>6?E\A=2??:?8Q C6=lQ?@7@==@HQm:?G6DE:?8 7@C C6E:C6>6?Ek^2m @C k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^E@A:4D\2\K^9@FD:?8Q C6=lQ?@7@==@HQm3FJ:?8 2 9@>6k^2m[ 3FE 2 ru!kDFAm®k^DFAm AC@76DD:@?2= :D EC2:?65 E@ =@@< 9@=:DE:42==J 2E J@FC 6?E:C6 7:?2?4:2= A:4EFC6] %96J 42? 96=A J@F A=2? 7@C E96 7F? E9:?8D :? =:76Pk^Am
kAmkDEC@?8m$EC6E49 *@FC s@==2Cik^DEC@?8m p 5C62> G242E:@? 2?5 E9@F89E7F= DA6?5:?8 42? 8@ 92?5 :? 92?5] w6C6 2C6 2 76H DEC2E68:6D 7@C k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^2CE:4=6D^3F586E:?8^9@H\E@\A=2?\2\C@>2?E:4\86E2H2J\H:E9\J@FC\D:8?:7:42?E\@E96CQ C6=lQ?@7@==@HQmDEC6E49:?8 J@FC G242E:@? 5@==2CDk^2mik^Am
kAm• r@?D:56C E:>:?8i (9:=6 DF>>6C EC2G6= @7E6? 46?E6CD 2C@F?5 <:5D’ D4965F=6D 2?5 H@C< C6DA@?D:3:=:E:6D[ :7 J@F 92G6 7=6I:3:=:EJ[ k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^2CE:4=6D^72>:=J\7:?2?46D^9@H\E@\86E\E96\>@DE\@FE\@7\J@FC\>@?6J\H9:=6\EC2G6=:?8\:?E6C?2E:@?2==JRiOiE6IEl7:?5Ta_@FETa_H96?Ta_E96Ta_@77TasD62D@?Ta_7@CTa_EC2G6=Ta_:DTa_E@Ta_D2G6Ta_@?Ta_:?E6C?2E:@?2=Ta_7=:89EDTa_2?5Ta_9@E6=D]Q C6=lQ?@7@==@HQm4@?D:56C G:D:E:?8 J@FC 56DE:?2E:@? 5FC:?8 :ED “D9@F=56C D62D@?]”k^2m %9:D :D E96 A6C:@5 36EH66? A62< D62D@? 2?5 @77\D62D@? H96? J@F 42? 6IA64E C65F465 AC:46D 2?5 E9:??6C 4C@H5D] %:>:?8 2=D@ >2EE6CD H96? :E 4@>6D E@ 2:C EC2G6=] u@C 6I2>A=6[ EC2G6=:?8 @? 2 uC:52J :D EJA:42==J >@C6 6IA6?D:G6 E92? 2 >:5\H66< 7=:89E] !=2J 2C@F?5 H:E9 52E6D E@ 7:?5 E96 36DE C2E6D]k^Am
kAm• t2E :?i #6DE2FC2?E 3:==D 42? C62==J 255 FA] x7 J@FC G242E:@? 9@>6 92D 2 <:E496?[ 4@?D:56C AC6A2C:?8 D@>6 @7 J@FC >62=D] ~C G:D:E 2 =@42= 8C@46CJ DE@C6 2?5 A24< 2 A:4?:4 =F?49 E@ 6?;@J >:552J 5FC:?8 J@FC 6IA=@C2E:@?D]k^Am
kAm• s@ 2 9@>6 6I492?86i #2E96C E92? CF? FA 2 =2C86 9@E6= 3:==[ DE2J :? J@FC 5C62> 56DE:?2E:@? 7C66 3J 5@:?8 2 9@>6 6I492?86] ~?=:?6 9@>6 6I492?86 A=2E7@C>D 42? 96=A 6?DFC6 E96C6 2C6 ?@ DFCAC:D6D 2E J@FC 56DE:?2E:@? @C 2E 9@>6 H96? J@F C6EFC?]k^Am
kAm%@ 7:?5 J@FC ru!kDFAm®k^DFAm AC@76DD:@?2= H9@ H:== 96=A J@F D62>=6DD=J H@C< J@FC 5C62> G242E:@? :?E@ J@FC 3F586E[ G:D:E k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^Q C6=lQ?@7@==@HQm{6ED|2<6p!=2?]@C8k^2m]k^Am
kAmu@C 2 ECF=J C6DE7F=[ C6;FG6?2E:?8 6IA6C:6?46[ >2<6 DFC6 J@FC EC2G6= 5@6D?’E 42FD6 J@F >@?6J\C6=2E65 DEC6DD] q6:?8 C62=:DE:4 23@FE J@FC 6IA6?D6D 2?5 H@C<:?8 H:E9 2 7:?2?4:2= 25G:D@C 42? 96=A J@F D66 E96 H@C=5 @? 2 3F586E]k^Am
kAm!9@E@ rC65:Ei W4X {:89Eu:6=5$EF5:@D ^ :$E@4< G:2 v6EEJ x>286D !=FDk^Am
kAmk:>8 DC4lQ9EEADi^^7665D]DE2E6A@:?E]?6E^E@H??6HD^A=246>6?E]2D9InEl4U2>Aj:5l`_ff`U2>Aj=l6?\&$U2>AjCl`fcchchgee_eb]ggQ ^mk^Am
(0) comments
Welcome to the discussion.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.