Do you save for vacation?
By zeloguy
@zeloguy (4911)
United States
June 6, 2009 11:59pm CST
Do you have a 'vacation fund' that you set aside money to go on that dream vacation or do you go on vacation when you 'have the money'? My wife and I do both... if we have a great month and have a little left over we will treat ourselves but also keep money in a special bank account for that 'big' vacation?
What about you?
7 people like this
26 responses
@pansy45 (153)
• Indonesia
8 Jun 09
i havent a vacation fund,i dont even think to spend my money jus for some vacation.it mybe caused in my family never did that too.my family habbit never go some place togheter to have some vacation.i don't know whhy my parent did that.sometime i'd like hang out with my family together.
3 people like this
@faisai (1138)
• Hong Kong
7 Jun 09
I don't have a separate fund for vacation. But I do have a "saving" balance where the money is supposed used for special purposes. It could be for vacation but it could also for medial expenses or family uses. Some will say that I am saving not for a reason at all but then I would say having money sitting in the bank for not particular reason means I am more prepared for unexpected situations.
Still, I am planning to use part of the saving for a nice vacation next year. Hope everything goes on smoothly.
3 people like this
@balasri (26537)
• India
7 Jun 09
I always fo for my annual vacation with whatever savings balance I ave in my Bankk balance.But I too felt last month that it would be great idea to have a substantial amount of money just for the purpose of the holidays and started a recurring deposit account on my name.Next year we are going to have a great holidays better than ever.
2 people like this
@jpso138 (7851)
• Philippines
7 Jun 09
Yes, we do save money for a vacation. We place this on a special account that we have opened just especially for things like this. We usually deposit an amount every month for it. Its like a vacation and special treats account. So every time we decide to go, we use the money from that account.
2 people like this
@zeloguy (4911)
• United States
7 Jun 09
That is awesome. I have a PayPal account that I use for money that comes in from my business and I will deposit the rounded portion of it to a special bank account. So like if I have $512.25 in there I will take $12.25 and put it in my 'special' account. I was INCREDIBLY suprised when I told my wife what I was doing and she asked what was in there.
I had never looked... but when I did there was almost $1,000 in the account that I didn't even really know that I had. It is almost like having 'lost' money that is 'found'.
Great response.
Thanks
Zelo
1 person likes this
@danrunsfast614 (1396)
• United States
7 Jun 09
I don't exactly have a specific fund, but I try to save a little every month. I just say about 100 dollars a month or 200, or whatever I can put aside for it with the idea it will be used for a vacation. It sounds good that you guys have it so well organized.
3 people like this
@wolfie34 (26771)
• United Kingdom
7 Jun 09
This is a good idea, that way when your vacation comes you won't have to run around wondering where you are going to get a big lump sum from, or making a huge whole in your account or savings! I do this all the time, I put away my birthday and Christmas money in an envelope marked for my next trip, whenever I win a lottery prize I put the money in the envelope and if I get a windfall or earn extra with the sites I do online I will cash out and put that away, it soon adds up! I need £320 for my trip in August, already I have £200. So even if I save no more I only have to find another £120 so there Im more than halfway there and 8 weeks left.
2 people like this
@zeloguy (4911)
• United States
7 Jun 09
Hey Wolf... thanks for answering. That is a really great idea. Even saving up for things like Christmas and the such is a great way to know exactly how much money you 'really' have and still be able to afford the luxuries and the giving that should be part of everyone's life.
Always great to hear from 'ya
Thanks
Zelo
1 person likes this
@polachicago (18716)
• United States
7 Jun 09
I go on vacations when I have free time to go. If i don't have money than I can go locally for shorter trip and rest at home. I don't hold my vacations.
In general I like to safe money for whatever need, including vacations.
2 people like this
@zeloguy (4911)
• United States
7 Jun 09
Hey darlin'.
Getting out of dreary 'ole Chicago and seeing some of the beautiful sunshine of the Sunshine state (actually there are two of them [Florida/Arizona]) would be great for you.
You remind me of my wife though... gotta hold on in case there is SOMETHING that comes up... whatever that something is.
Always good to hear from you.
Thanks
Zelo
1 person likes this
@dreamr802 (985)
• United States
7 Jun 09
What I do is save all of my loose change and I put it aside. When that builds up my boyfriend and I will go on a nicer vacation. My parents did that when we were little...after 1 year of consistently putting out change in a bin we had over $1000. It was cool. So now I'm starting to do that.
@zeloguy (4911)
• United States
8 Jun 09
It is really a great way to do it and if you are putting it into an interest bearing account (even though rates are not good now) then you will be getting even that more for your money. If you save say $500 and you KNOW you are not going on vacation for the next 6 months then put it into a CD (Certificate of Deposit) and get whatever rate is going at the time... check around as rates fluctuate wildly both from day to day and from bank to bank.
Great to hear you are saving!
Thanks
Zelo
@maximax8 (31046)
• United Kingdom
9 Jun 09
I am saving up at the moment to go to Canada next summer. I hope to get a flight to Vancouver and then travel by train after seeing that to Seattle. Then I hope to catch a ferry over to Vancouver Island. Finally I hope to catch a train and bus up to the Canadian Rockies.
I saved up for ages to go to New Zealand and bought a ticket with many stopovers. I was able to see more of lovely California as well as some amazing tropical islands. These were French Polynesia, the Cook Islands and Samoa. When I got home from that trip I knew I had overspent. Therefore my next trip was a few weeks in Croatia, Montenegro and Slovenia.
2 people like this
@sid556 (30960)
• United States
8 Jun 09
I'm a single mom and it is hard for me to save. What I do is save all my change all year long. I wouldn't call it a dream vacation but when summer comes, my daughter and I cash in all that change and do something special with it. There is usually enough to go away for a couple of days or sometimes we do a few little day trips.
1 person likes this
@elitess (5070)
• Ipswich, England
7 Jun 09
Hi there Zeloguy. Both me and my girlfriend are full time students and we have a debit card with an interest of 9% (at the moment). We save as much as we can on it most of the year in order to be able to afford a good nice satisfying vacation that we deserve after a full year of school accomplishments. Last year we went in Greece for 10 days at the seaside and this year we are going to visit her sister and explore the country in England for 2 weeks.
2 people like this
@zeloguy (4911)
• United States
7 Jun 09
Greece is a country that I have not been to that I would love to go to. It is great that you are taking time to travel when you can. My parents never had the time to travel and I have made sure my wife and myself take the time and the money to travel while we are still fairly young.
Great response.
Thanks
Zelo
2 people like this
@zzyw87 (1254)
• Philippines
8 Jun 09
I need to go on a vacation every year. Even if it is just once a year. That is why I save up every month and set aside a small amount of money to be used at the end of the year for traveling. I am more willing to give up shopping for a month or two rather than forgo traveling if money is a bit tight for some specific months. I won't feel complete if I did not get to travel for a year.
@zeloguy (4911)
• United States
8 Jun 09
My wife and myself are the same way. We try to get on three or four vacations a year but because of the economic mess we are in that has come down to two or so and the ones we do take are not as extravagent as the ones we once took.
Still... it is very important to get away at least once a year and that is great to hear that you are doing that.!
Thanks
Zelo
@mtdewgurl74 (18151)
• United States
17 Jun 09
No I don't have a vacation fund set aside me and my husband has never taken a vacation together. I have visited people bu never taken a real vacation. I would love to have a small one..something like a weekend away thing even but he is a fuddy Buddy and doesn't like being away from home.
1 person likes this
@zeloguy (4911)
• United States
7 Jun 09
Being a small business owner myself I do the same thing. I will go somewhere where I can relax but where I can get information or can do work so I can write it off. I have a Morocco web site (the best morocco web site) and so when I go there I write the whole thing off since the pictures and the stories I write go right to that site.
Thanks
Zelo
@snowy22315 (180398)
• United States
7 Jun 09
Right now we are pretty much in survival mode around here. It is hard to imagine a day when we will have money left over. I indeed have alot of places I want to travel to and vacations that I want to take, but until I have enough money to pay all of my bills and have some left over, it is probably not going to be a real possisbility.
1 person likes this
@zeloguy (4911)
• United States
7 Jun 09
I think a lot of us are in survival mode but even saving a dollar here or there makes a really big difference. I used to bowl on Sunday nights and now that is over I take that money ($15/week) and put that away as if I spent it bowling.
Even that little amount of money is almost $800 in a years time which doesn't sound like a lot of money but allows my wife and I to go to the coast or some other short 'drive vacation' (somewhere you can drive to and drive home).
Stay positive, things are bound to get better!
Thanks
Zelo
@zeloguy (4911)
• United States
7 Jun 09
Ahh I don't know, taking a vacation releases stress and if you think of what you spend your money on, is it that hard to take $20/week and set it aside... would you REALLY miss it... that is over $1000/year and for a family of 2 that could be a nice little get away just by spending coffee money.
Thanks
Zelo
1 person likes this
@uicbear (1900)
• United States
7 Jun 09
We plan for a vacation and save for it. With our schedules, it is nearly impossible to do a spur of the moment vacation, even if we fall into some money. So we usually have our trip planned out almost six months to a year before we go.
As for having a special fund? Well, the money I make online goes to my paypal account and i am saving that as my special vacation fund. It's not a huge amount, but right now it looks like by the time we go on our trip in October, I will have enough money there to take our family of four to at least one, maybe two nice meals. For me that's pretty cool.
1 person likes this
@zeloguy (4911)
• United States
7 Jun 09
That is really good. There are companies now (even Disney) that put packages together so that your meals are already included in the package so you don't need to worry about that extra money of trying to feed four people on the road.
Great response.
Thanks
Zelo