Thinking of taking a few days off soon? Or did you already take them? A break or some adventure with the family, with friends, as a couple, and even alone is always good to recharge energy. And to enjoy that time off to the fullest, planning is critical.
Usually, we take our time to organize where to go, where to stay, the activities we want to do, and everything that involves. But sometimes, we forget to set aside time to plan the most important thing: the budget.
If you have already put together your trip and did not get to think about this crucial aspect of your plan with enough time, you must consider it for the future.
So, so that you can put together a vacation plan that excites you and that at the same time fits your finances, what steps can you take?
- Think about the action plan: what we want to do, where, and how many days.
- Put together the budget in advance to find out how much money we will need to allocate to the trip: if we have a bonus, we can include it, in case we do not have to cover another priority objective with that money, previous savings and part of our monthly income for the amount of time remaining until the intended date. If you still don’t have your budget, we explain how to assemble it in 7 steps.
- Choose a destination and book to ensure a reasonable price in advance.
- See if we will need to buy foreign currency to calculate how much we can buy with what we have.
Now, what happens if instead of leaving that money saved for when the time comes for the trip, you invest it? Although the term may not be very long to generate significant returns, we can look for strategies to cover ourselves and even create an extra to enjoy our trip more!
If you travel abroad, you can buy dollars and pay with the debit or credit card associated with the account where you have those savings so as not to pay additional taxes. The options to buy USD are:
Solidarity dollar in your home banking, in case you are enabled (you have a tax refund next year).
