Summer is on the pier and if you’re like us, summer means time for a break.
Imagine sitting on a beach in Thailand, holding a pina colada in your hand, feeling the warmth of the sun on your face and that beautiful white sand between your fingers.
Or take a ride through the tropical savannah, take pictures of herds of elephants in the distance and enjoy the view of giraffes 5 feet high chewing their leafy breakfast. Or maybe you can feel the pulse of a city that never sleeps, admiring the incredible architecture of the Empire State building, keeping your eyes wide open because of the bright lights of Times Square.
No matter what type of vacation you dream of, as summer arrives in a few weeks, you still have time to save those precious coins.
Here are six practical tips to help you save money:
Set your goal for savings
If you know your vacation will cost € 3,000, consider how much money you need to save each week or month to reach that goal. For example, if you can put € 250 on the side six times, you are already halfway there!
Pay for yourself first
Contact your finance or human resources department and ask them to put you 5% to 10% of your salary directly into a savings account.
Review your monthly expenses
Determine your basic expenses such as rent, groceries and bills like electricity. Don’t forget to include direct debits like cloud storage, insurance, movie subscriptions, gym memberships, and cell phones.
After identifying your basic expenses, sign up for online banking at the end of each week to see where your money is going. At the end of the month, review your total expenses.
Set a budget
Combine your leisure and entertainment expenses with the basic expenses listed above and set yourself a weekly budget.
How much money do you need each week for your free time and fun? Are you able to eat out only once or twice a week? Do you really need a subscription to the premium cable TV package with your Netflix subscription?
Start saving money right away
Start carrying your lunch to work instead of buying it every day. Now that spring is here, start walking or biking to work and save money on public transportation or fuel.
There is an application for this
Many stores have free apps that offer discounts. There are also apps that can tell you which stores have the best deals, from dry cleaning to movie theaters. The savings can be significant and of course, each linden is welcome.
In addition, there are apps on the market that can help you track your spending but also help with your budget.
But we at Good Finance Group understand that despite your best intentions to save money, you sometimes need help with the process.
That’s why we’ve designed a simple, flexible, short-term financing option that gives you quick access to funds.
Our Plus Credit solution is the perfect solution for cash amounts of up to 6000 Kuna, with maturities between 2 and 5 months. Best of all, it can all be done with ease through our easy-to-use website, which means you can get our handy PLUS credit within minutes.
So no matter what your current austerity situation is, your dream summer vacation can become a reality.
That’s the reason for the smile.