Arrive the holidays of summer and since we have been during all this time like caged lions at home, we want to go out to enjoy at least one little normality.
Clearly the process of saving throughout the year is essential for a financial stability of a home, but we already know that summer vacation is the expense that is going to throw us out of control family finances.
In this article we are going to take into account the budget for that vacation Summer is not a big blow to family finances through some tips that can help you do budget planning.
Holidays in 2021 is the great headache due to vaccination
Summer vacation is the time of year when families make more excesses when it comes to spending and clearly the finances of the whole year are going to suffer, and more when some households have not had stability since the beginning of the coronavirus pandemic.
Therefore, it is important to always have our little corner of savings and create habits that help save during the year such as making transfers automatically and not spending what we do not have or enter with our payroll.
From here we must be clear that we must budget for all the expenses that we have planned during our vacations. In this budget we must see what expenses we have at a fixed price and those expenses that will vary according to the good or bad decisions Let’s take it when choosing one site or another.
As I have already mentioned, this year can be delicate for many households in terms of their finances due to the devastating effects of the coronavirus, but for others who have their jobs intact it is a good time to reflect on the forecast of spending on their vacations.
The cost of transport is the first thing that we must take into account in our budget
The first expenses that we must take into account when we go on a trip within our budget of holidays summer is the transport that we will use.
We must decide if we are going to travel by car, plane, boat or train, and from here make our estimates to how much the cost of the trip will go up. In addition, if it is an international destination we must take into account if the country requires PCR to enter and the cost involved, now the average cost for a private clinic is 110 euros.
On the other hand, we must consider that airline tickets are usually more expensive on weekends that during the week, and those days are usually cheaper for having less influx of travelers are Tuesdays or Wednesdays. We must add to this, that the flow of airplanes to certain destinations has decreased, so we will have to check how many flights there are.
If we buy the plane ticket in advance we can save a lot. Now certain airlines are encouraging again to make promotions attractive for certain destinations. Everything is to locate the offer where we want to go.
On the other hand, if we decide to travel by car, and clearly now to promote tourism in Spain, I recommend you travel to the wonderful country that we have, you should look at which gas stations on our route it leaves more economical fuel.
One of the destinations that we can travel by car is Andorra, which does not ask for PCR to enter the country or leave it, and there gasoline is much cheaper than what we can find at any gas station in Spain.
The second thing to consider is where we are going to stay
Another expense that we must take into account is our accommodation for our budget of Summer Vacation. As with airline tickets, hotels have higher prices on weekends, as the demand is higher.
If we want to save, we must review where we want to go the conditions of the hotels and the possible promotions What they do to encourage accommodation due to the coronavirus situation.
And here we must abandon the specialized Internet search engines and return to the old use of calling the hotel directly to see if there are special conditions or discounts. In the vast majority of times, search engines do not show the offers that hotels usually make directly.
On the other hand, instead of looking for a hotel, it can be cheaper to look for an apartment, clearly depending on whether it is the most touristy area or less and it also depends on the family members that we are. If we have children, it is the most viable option that we can include in our vacation budget.
Food will take a large part of our budget
After how we got and where we stayed, is to see What are we going to eat, that is, within our budget we must take into account the cost of meals, since this item is the one that tends to get quite out of control depending on the choice we make. Who does not like to have a beer at the beach bar or eat at a restaurant on the beach looking at the sea? Well with this we leave a kidney.
By this I mean that this game is one of the most expensive in our budget, since they include snacks, drinks of the day, breakfast, lunch and dinner, depending on whether or not they are included in the hotel or not, etc.
The recommendation is avoid eating hotel meals o en places near tourist areas, because they are usually the most expensive places that we can find when it comes to eating something, and here is the recommendation to adjust to the budget as much as possible, and here is another recommendation if we decide to go to Paris we will find that there are Chinese restaurants that sell by weight The food is usually cheaper than non Brasserie or other types of restaurants.
In the case that we are renting an apartment, we can make the food ourselves directly in the kitchen. This implies that we are going to spend less than a restaurant or a bar, since we are cooking as if we were at home and, therefore, we will only have to count in our budget the purchase we make for those days. Although surely one day we go out for lunch or dinner.
The purchases and whims of the trip must also be taken into account
To everything that I have commented previously, you have to add all those small expenses for purchases or whims that we want to give ourselves during the trip, or simply some activity or excursion that is not included or planned during the initial estimates of our budget.
Here we must have a small fund of extras for those expenses that we have included within our budget. One of the expenses that we never take into account are the entry and exit fees of a country that some countries have.
With a little foresight and online review, all these expenses that are difficult to estimate can be anticipated, and for that we must have our emergency fund, and it should not be anything small, we must already allocate between the 15 and 20 percent than what we want to spend.
In Excel we can plan our budget in a simple way
If we are considering going on a trip to the great Microsoft has prepared a plan simple to put everything we have discussed above and make our vacation budget.
From this link I leave you the vacation budget planner and that I show you in the following image:
This vacation budget planner makes a differentiation of the most important categories that we must take into account from the main costs and allows us to compare as we are spending what deviation we have to take measures or not and then it allows us to include the expenses broken down by each one of these categories.
Definitely, have the numbers clear Before leaving home is the solution to control or at least not waste too much the money we have available to spend on our summer vacations.
Image | a-solano602851
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