Monday, July 5, 2010
Vacationing with a Budget – Plan Ahead and Start Saving
So how do we save for our vacation? We use Smarty Pig! This site is amazing! You can set up saving funds for all kind of reasons, vacations, new home, new car, education, anything! So you can start your vacation fund today for only $25. Then all you need to do is set up automatic withdraws from your current savings or checking account to be automatically deposited into your Smarty Pig Vacation Fund! How easy is that? You will not even miss the money! We set up a monthly withdraw which occurs the day after my paycheck is deposited. So it is like the money was never there! The best part is, your Smarty Pig account will earn 2.15% in interest. I have not seen an interest rate like that at any of our local banks. Plus if you withdraw money from your account in gift cards you get a bonus!
When you get back from your vacation, start your next year vacation fund! I would even make it a bonus if you come home with leftover vacation fund money, buy something special for the family deposit it into next year’s fund!
Can you guess the beach above?
Stay tuned for more tips...