How To Plan a Vacation On a Budget

How To Plan a Vacation On a Budget?

How To Plan a Vacation On a Budget

How To Plan a Vacation On a Budget?

Vacations are well-deserved and are quite important too. However, whether your planning on travelling to France or visiting the Grand Canyon, money shouldn’t come in the way of your moment of relaxation.

Now, you may be thinking: Easier said than done when you’re in a sticky financial situation, right? Or, you may catch yourself thinking “I need money now with no hard credit check” because you think this is the quickest and easiest method to taking care of your financial problems. Instead of racking up more debt, causing more financial problems and stressing over money issues, check out these tips on planning a vacation on a budget!

Tips to Budget for a Vacation

If you take these following tips into consideration, you’ll have better chances at planning a vacation on budget and avoiding money problems along the way.

Exchange rates are important!

When it comes to saving money, exchange rates are of great importance, and going about obtaining them is rather key. You’ll receive the best rates at your destination and most likely at a bank ATM. As a general rule, foreign banks offer lower exchange rates than commercial exchange counters. Keep in mind that you should only ever exchange the total amount of money that you can spend from your budget.

You’re better safe than sorry – avoiding extreme ATM and transaction fees by calling your bank or credit card provider prior to travelling out of country or state. Moreover, credit card companies will usually freeze your funds if using in a different state or country for they will believe your card has been stolen. If you want to avoid getting caught at the restaurant in Cuba with a useless credit card, then make sure you make those necessary phone calls before leaving.

Build your budget accordingly

It is important to set yourself a daily spending budget. This includes food, drink, activity and souvenir expenses. As a rule of thumb, this number should be increased by approximately 15% in order to avoid any problems or emergencies. Moreover, it is important to have planned ahead and subtracted the cost of transportation and hotel from your overall budget.

A great tip to sticking to your budget or otherwise known as the “cash diet” is by putting your daily allowance aside in separate envelopes. Everyday, only take out one envelope and only use the contents inside. Doing so avoids using your credit cards, aside for in an emergency.

Keep in mind that psychologically, foreign money doesn’t feel the same as regular money. In most cases, we don’t have the same association in spending it, or we feel as though it is of a lesser value. It’s important to respect the amount you set aside for daily budget and not blow it all away on one item or one store.

Plan ahead of time

You’ve probably guessed it, but the key to spending optimally while on vacation is through proper organization and budgeting. Generally speaking, approximately 8% of an individual’s yearly budget can be spent towards leisure activities. When it comes to planning a vacation, balance your money on the following factors:

  • Where you are going
  • Travel means to reach destination
  • Choice activities at destination

Take a trip to a Pacific island for example. Alright, it costs a hefty price to reach the destination however, you’ll probably find a few great hotel rates and easily save money by attending low cost beach activities. It is always important to keep in mind that your trip shouldn’t be overly expensive in all three areas.

Only purchase what you really need on vacation

Of course, you want lasting memories from your vacation and one of the most common ways of doing so is by purchasing souvenirs. However, before purchasing another dust-collector, question yourself on the need for that specific item. If you’re going to purchase souvenirs at your travel destination, than my as well get a bang for your buck and choose something that’s useful in the home or fits according to your decor.

Furthermore, you can even plan your yearly purchases based on your upcoming vacation. For example, if you know you can get a really good price on a silk scarf in Thailand where your traveling in a few months, then it’s useless to buy an expensive one at home before going. More so, you can also consider purchasing a camera or taking more photos of your vacation instead of purchasing tons of stuff while at your destination!

You don’t have to buy gifts

Sure, we know how tempting it can be to purchase gifts for family and friends. However, it’s also important to keep your budget in mind. It may be nice to offer such presents, but always remember that there is absolutely no need in doing so.

If you absolutely want to purchase gifts for people while on vacation, than make a list of the family or friends you plan on buying for ahead of time. To this list you can add how much you’d like to spend on each individual. When you find a store that offers many items on your list, buy in bulk and try negotiating a rebate. Again, stick to your budget plan!

Leave space in your suitcase

Avoid having to purchase extra luggage at your destination by planning ahead of time and leaving a little extra space in your suitcase to pack the new items you purchased. Depending on your travelling means, you may be allowed a carry on so consider bringing a small fold-up bag in your luggage for your way back.

Do like the locals do!

Street food, inexpensive cafés, restaurants and even local markets are going to cost much less expensive than any hotel buffet. On top of saving money, you get to discover the true taste of authentic, local cuisine. Breakfast, lunch, supper and snacks can all become less expensive by avoiding the food and restaurants directly related to your hotel chain!

How to Eat Healthy on a Budget

How to Eat Healthy on a Budget?

How to Eat Healthy on a Budget

How to Eat Healthy on a Budget?

Are you attempting to eat healthy all while staying on budget? Well, do we have good news! Doing so is actually possible and if ever you run into a mishap, a fast payday loan online can come to your rescue.

The Benefits of Eating Healthy

For many, eating healthy is a need. Without such, the body can react in negative ways including a decrease in energy, a negative change in moods, a lower productivity and the feeling of a slight virus might even appear. In terms of overall health and wellbeing, eating healthy and getting the right amount if exercise is of great importance. If you’re looking to increase your energy levels and feel better in general, it’s far time you change up your daily diet!

More so, eating healthy brings about other advantages as well such as lowering your risk for heart disease, diabetes, being overweight or being obese as well as certain forms of cancer. Not having to deal with such health issues is of course in your best interest however, it equally saves you money on healthcare costs and health insurance.

Tips for Eating Healthy on a budget

Many of us are all to aware that eating healthy also comes at a certain cost. Worry not though, we’ve compiled 8 top tips that can help you stay on budget all while eating properly – whether you’re raising a family or a studying student!

Make the most of what’s already in the fridge

One of the best ways of saving a few bucks is making the most of what you already have. Prior to going out and purchasing new foods at the grocery store, take a good look at the inside of your fridge and pantry and make a list of what you truly need in order to complete meals. Furthermore, this avoids wasting foods or purchasing something you already have at home.

Plan Your Meals

Meal planning is primary when it comes to saving money. Choose a specific day of the week in which you will plan your meals for the following one. Making a grocery list will help you stay on track by only buying what you need to prepare the week’s meals. More so, it’s important to only buy foods and grocery items that you’re 100% sure you’re going to use – otherwise, it’s money gone up in flames.

Don’t give into temptation

Once you’ve got your meal plan and grocery list in hand, it’s important that you follow it when finally at the store. In many cases, it’s easy to give in to temptation when grocery shopping as so many different foods fall before your eyes.

When it comes to grocery shopping, there’s actually a general rule to follow: Begin your grocery shopping with the perimeter of the store. Most whole foods as well as fresh fruit and vegetables are located here and therefore, you’re more likely to fill up on the latter items. If you find yourself in the middle aisles, where most of the unhealthy foods are found, try looking higher up or lower down instead of straight ahead for most of the expensive items are located at eye level.

If you haven’t done so already, you can equally check out a few grocery planning apps on your mobile phone. Many of them are quite useful and genuinely help in meal planning and reducing cost.

Your eyes are bigger than your stomach

You’ve probably all heard this one before, but it’s worth repeating: Never shop when you’re hungry! Inevitably, you will purchase more all while deviating from your grocery plan. More so, hunger often makes us crave quick and unhealthy foods – which are conveniently, also more expensive. Before heading out, you might want to grab a fruit or healthy snack to fill you up and avoid impulsive purchasing.

Avoid junk food at all costs

It’s important to avoid junk food – it’s not only unhealthy for your diet, but it’s equally more expensive. Soda, cookies, ready-to-cook meals and processed foods are at the top of the expense list, whether you’ve realized it or not, and basically offer no or very little nutritional value. Skip out on purchasing such items on your next grocery shopping trip and compare your savings!

Purchase no-name or generic brands

Many stores offer in-store, generic or no-name brands for nearly any product – ranging from food, to beauty products and even to medication. In general, the latter type brands are just as healthy or functional as other brands however, much less expensive. In all cases though, it remains important to read the list of ingredients in order to ensure that the quality is up to par.

Buy what’s on special!

Most people have certain products that they prefer greatly or that they use most often. The best way to save money when it comes to purchasing such is to buy the said product in bulk when on special. Especially if you know it’s something you’re going to use, then it’s worth stocking up on. The best advice we can give you when buying bulk: Make sure your dates are far enough so as not to have anything go to waste.

Make use of those coupons

Let’s face it – coupons are a great way to save money and are really not as embarrassing as so many people seem to think. Cleaning products, healthy foods and pantry items that you will definitely use are a sure go when it comes to using coupons. Moreover, when you start cutting costs of household products, you in turn increase your spending money for your healthy diet!

In Conclusion

It may come as a surprise, but healthy food aren’t what’s burning a hole in your wallet. Sure, it takes planning ahead and a little organization in order to properly purchase healthy items, however, it is essentially the unhealthy items on your grocery list that cost the most. Many simple techniques can help keep you on budget including cooking at home, meal-planning, writing a grocery list and making the right decisions once at the store. Always keep in mind that a bad healthy leads not only to healthy issues but health costs – ranging from purchasing medication to working less hours. Health doesn’t have a price and therefore, no matter the cost, eating right is always worth it.