Taking a vacation solo, with your partner, or the family can be a budget-buster, especially if you go all out. But sometimes, the most relaxing, refreshing vacations are those that don’t break the bank. And you certainly don’t need to spend a fortune to take a break.
First, ask what you need a vacation from
Vacations serve many purposes: retreat, excuse to party, family fun, romance. In order to appropriately plan your vacation budget, you need to get a sense of what you’d like to get our of your vacation.
Are you looking for a break from day-to-day stressors, or just from work? Do you need to get some space from your kids and reconnect with each other? Do you need to feel pampered? Get away from the Internet? Take a break from your partner and get some time to reconnect with yourself?
Then, think of small, medium, and big-budget ways to get what you need
If a solo retreat is what you’re craving, look into low-budget options like borrowing a vacation house from friends or relatives. Then look into local bed & breakfasts, meditation retreats, religious activities (if that’s your bag), or other regional options. Finally, look at bigger travel dreams like a yoga trip to India or a week at a hostel on Lake Atitlan.
Look at how much you’ll spend on each option, and don’t forget to use Bing’s airline ticket price predictor to determine whether you’ve got some time to decide about destination and travel dates.
Figure out how long it will take you to save…and how long you can wait
Check in with your budget and determine how long it will take you to save up for the vacation that will suit your needs. Then do a gut check to determine if you can really wait that long to take the trip. If you’re really in need of a break, look at the lower-budget options and make some compromises.
Get going already!
And have a great time!