We’re speaking it into existence ’round here. In 6 months, my family and I will board a plane to New York City. We’ve decided that, by hook or by crook, that will be our family vacation for the year. We want to go all out because even though we travel a lot, it’s normally right around our neck of the woods. We’ve been to many, many Midwest attractions, and while we’ve had fun, it’s time to break out a little bit. So we’re going to New York. Now the only question is, “how to save for vacation?”
Since I was a little girl, I’ve loved New York. It’s so far removed from my upbringing in Mississippi and my life now in Omaha. It’s intriguing, it’s fast, and it’s everything I dreamed I’d have when I was a teenager. I’ve been wanting to go forever and I’m so glad that I’ll finally get to experience the city, its culture, and just everything…and that my family will be right there by my side.
:::throws confetti and twirls:::
So since we’ve made this decision, we’ve got to come up with the money for it–which means yet another savings plan. We’re already saving for a house, continuously contributing to our emergency fund, saving for incidentals, and now this. My husband is not a happy man right now with all this money leaking from everywhere, but if it’s worth having it’s worth working for, right?
How to save for vacation (or how we’re saving for New York)
The short answer is: in many ways.
- We’re cutting cost by paying our bills on time
- Switching providers as necessary, and opting out of some services.
- Increasing our incomes (I’ll talk about this more in a future post.).
- Bringing more money into the house outside of our regular jobs–this goes along with increasing our incomes, but I’m categorizing it differently because it’s essentially side hustlin’ and separate from our regular jobs.
- Getting the whole family involved with saving for the trip.
At the end of the day, we’ll all empty our pockets of any loose dollars or quarters and add them to our “New York” jar. At the end of the month, I’ll take what we’ve saved, put it in our vacation savings account, and then we’ll start the process over again for the next month.
So, that’s the plan. Originally, we were going to use the $5 savings plan, but because Jam rarely (if ever) has $5, she wouldn’t have been able to participate as fully. And since this is about learning, earning, and goal-setting for Jam, as much as it is about going on a vacation, we opted to use a method that would work best for all of us, including her.
Eek!!! I’m super excited now!