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Using a vacation club to keep your travel budget under control

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One of the very best ways to both build your saving disciplineand enjoy a great vacation is to start a vacation club, and fundit on a regular basis. A vacation club can be a great way tosave money throughout the year and can prevent your long awaitedvacation from being a budget buster. Unfortunately, many people fail to take this approach, and as aresult they end up paying for that one or two weeks of vacationthrough the entire rest of the year. It is far better to do thebudgeting and planning ahead of time than to be stuck with abunch of bills that need to be paid long after your vacation tanhas faded. The first thing to do, of course, is to come up with a realisticbudget for your next vacation. This step is not as easy as itsounds, since many of the incidental costs associated with avacation can be difficult to remember, and few people take thetime to keep every receipt from meals, hotels, souvenirs andother travel purchases. Even though you may not be able to capture every vacationexpense, it is still a good idea to take the time to at leastrecord the major expenditures from your last vacation. This listobviously should include things like airfare, hotel bills, andthe cost of the rental car. It is fine to use estimates forthings for which you do not have accurate figures, but be sureto make them realistic. After all, it is best to budget too muchmoney and


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have funds left over than to budget too little and beleft scrambling. After you have your vacation budget in hand, it is time to addup the number of weeks until your next planned vacation. If youjust returned, you may have almost a year to save, but if yourvacation is coming up soon you may need to save some money rightaway. Determining how much you need to save each week or each month isa simple matter of dividing the number of weeks or months youhave to save into the amount you need to save. Of course, theeasiest and most painless way to save for anything, whether itis a new house, retirement, education, or just your nextvacation, is to make the savings automatic. If you can get your employer to do it, the best way to fund avacation fund it to have the money deducted directly from yourpaycheck and sent to your bank, before you ever lay eyes on it.The second best way to fund the vacation club is to have themoney deducted directly from your checking account and sent tothe vacation fund on a monthly, biweekly or weekly basis.However you do it, it is important that the money be transferredconsistently, week after week and month after month. About the author: Tony Robinson has travelled extensively throughout thiswonderful planet with his family in tow. For great travel savingtips, techniques and articles on visithttp://www.budget-travel-site.com

Written by: Tony Robinson

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