planning a {future} vacation: how to turn daydreaming into a reality

by Tina on June 7, 2013

in Hotels/accomodations, Travel

Recently Updated58

After recently celebrating our 14th anniversary, we started chatting about how we might want to celebrate our 15th next year.  Being the enthusiastic travelers that we are, a great vacation was on the top of our list, though I am sure you can expect a few more ideas to pop up over the next few months as I daydream about other ways that money could be spent!  And let’s face it.  There are loads of things that keep us from making our travel dreams a reality, but the money dwindling away is probably the biggest culprit.

Screen Shot 2013-06-05 at 10.46.10 AM

From the beginning of our marriage, we started a “vacation fund”  which initially was an envelope filled with cash.  With today’s technology we don’t have to hide our cash under the mattress to keep from spending it (though if that method works for you, stick with it!) We prefer to have an automatic withdrawal on our banking account which puts the money into our vacation savings account.  Every month a set amount is withdrawn before we can even see it, so when vacation time comes, the money is waiting for us. Screen Shot 2013-06-05 at 10.46.17 AM

The best part about this method is that we can start planning a year in advance for say a big 15th anniversary trip and, assuming that all goes according to plan, we know exactly how much money we should have to spend.  So, let’s say we want to run away to this gorgeous hotel in the photos.  It’s a luxury hotel in Merida, Mexico called Coqui Coqui, and it costs around $200 a night.  (Isn’t it utterly gorgeous?!) If we want to stay for four nights then we need to calculate those four nights+flights+in country travel+food.  After dividing that number by 12, assuming we have 12 months to save before we go, we need to make sure that we are saving enough.

Screen Shot 2013-06-05 at 10.46.25 AM If we are not saving enough, then we need to increase how much is going into our vacation fund every month and start eating more peanut butter and jelly sandwiches!  OR we can start daydreaming about other options that might fit into our budget.

I hope this will help some of you as you start thinking about your own upcoming vacation.  Perhaps some of you have a tip or trick that you can share about how you make your travel dreams a reality?  

 

Happy Friday and a Happy Weekend to you, too!  

Photos: Coqui Coqui Hotel, Merida, Mexico

 

 

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{ 12 comments… read them below or add one }

A Mum in London June 7, 2013 at 5:09 pm

You got yourselves a great way to save for vacations.
I’m gonna try it – the mattress thing doesn’t work.

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TheNewDiplomatsWife (@thenewdiplomats) June 7, 2013 at 6:44 pm

Ha! I could tell that that was coqui coqui from the very first picture! We’ve been to the Tulum one a couple of times (pair up Merida w/ Tulum if you can) – let me know if you go, we have a ton of recommendations for both areas!

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Tina June 7, 2013 at 6:52 pm

@A mum in london Great! You will have to let me know how it goes!

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Tina June 7, 2013 at 6:53 pm

@thenewdiplomatswife Fantastic! I will report back for sure!

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Alla June 7, 2013 at 7:14 pm

I never STOP thinking about vacations…. Here in the Netherlands people receive “vacation bonus” which is basically 1 month extra of your salary paid out in the month of May. It’s a national thing everyone has a ‘vacation bonus’. Being from the US it’s funny how the government here helps you save for vacation! :)

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Tina June 7, 2013 at 9:05 pm

@Alla wow! What an incredible perk! I would LOVE a vacation bonus! I wonder if Danes receive one? I will have to ask around!

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simplystylishmom June 7, 2013 at 10:48 pm

Haha, we never thought of a vacation fund! I guess we just keep putting ourselves in debt so we can have vacations every month or so – but we never spent too much on vacation so that’s how we keep it going I guess!

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TacklingOurDebt (@TacklingOurDebt) June 8, 2013 at 12:05 am

This is a great idea and that hotel in Mexico looks amazing!! Saw your episode of House Hunters International recently. Happy to see that you guys are doing well in your new home. Have you had the opportunity to do some traveling around?

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Victoria June 8, 2013 at 12:09 am

Looks fabulous. A good tip to save for a wonderful vacation – when the times comes to go, it will ‘almost’ feel like you aren’t paying anything as there’s no huge charge card statement to be paid off.

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Shelby June 8, 2013 at 3:14 am

I love this!!! What a brilliant idea for (summer) saving…. You guys are amazing!!

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Nancy G. June 8, 2013 at 11:56 am

I just saw a quote that said- the only thing you spend money on that makes you richer is travel. It seems that is a foundation for you and your family. You are raising millionaires and citizens of the world. They will make a difference.

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Juliette June 8, 2013 at 1:18 pm

We alternate big trips w/smaller trips every two years so we can ease the budget. After 5wks in the US last year, this is our budget year. We were thinking of road tripping down to Italy, but like you said, it’s easy to spend travel money on other things! Now I’m trying to decide between a shoestring roadtrip to N. Italy or a few days in the German Alps and new living room chairs, ha!

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