How does one save money for a getaway when you’re on a tight budget? Regular readers know I am back on the Debt Recovery Journey hoping to be debt-free again within 2 years from 30-Sep-2017. One thing I made a huge point of the last time I went on a Debt Recovery Journey was to not let it stop me from enjoying life. Yes compromises will need to be made but not everything has to go. It can be as simple as not having something for a month or two and save money for a getaway.
How to save money for a getaway
Today’s post I aim to show you how I have been able to save money for a getaway to Barcelona in less than 20 days.
Cash back rewards
I bank with Natwest and my platinum current account has so many offers including cash back facilities. All the bills I pay via direct debit and shopping with my card in certain stores I get between 1-35% back which is incredible. For the last month or so I have kept all the cash back money and will be using it when abroad.
This one might be hard right now as there is so much going on but I know where to start. Food wastage is my worst culprit, I throw away so much food because by the time I realise I need to eat it it’s off. For 2 weeks I did not do any food shopping instead I cleared up my cupboards. I also cut back on eating out, spontaneous trips that cost money and unnecessary spending.
Coupons and Vouchers
Continuing on with no food shopping, I am fortunate to receive the Degustabox monthly and comes with lovely coupons. I was never one to use coupons for food, for some reason I felt ‘cheap’. But now I see the value in them and how they help me save money for a getaway. I collect points from nectar, co-op and other stores and exchange for supplies which is handy.
Use comparison sites
For all the trips I plan, I use two main comparison sites; Skyscanner for my flights and Booking.com for my accommodation. I have a 10% discount code you can use if you book via my link but you don’t have to.
I am fortunate that both The Myrabev Life and A July Dreamer make me some passive income. Though I am part-time, I have been able to make over £4,500 in the last 9 months alone. For the last 20 days, I have split the passive income into three categories: Post Grad Funding, Getaway Money and Taxes. I am grateful that on top of my normal salary I have passive income to do with as I please.
There other ways one can save money for a getaway including cooking meals instead of going out. Though I am not the world’s best cook I do enjoy whipping something up in my kitchen. I hope these tips are helpful to you as you plan your next family vacation or getaway.