How to Save for Family Fun With Ease
Any family that focused only on daily routines of moving from home to work without creating time for family fun will struggle to survive in marriage. How to Save for Family Fun With Ease
Most often,families are concerned about how to raise money for it and this is why I sharing this article written by Jim Burch on hitchedmag.com with you.Study it and have a financial freedom for your next family fun.How to Save for Family Fun With Ease
It doesn’t matter if it’s a week at the beach or just a night out for a nice dinner—family outings are expensive. Saving for them can be a huge headache, but it doesn’t have to be that way. Follow these easy steps and the only thing you’ll have to worry about is choosing what to do for a night of fun away from home. How to Save for Family Fun With Ease
Budgeting 101
Saving for family fun goes beyond throwing cash into a savings account each paycheck. First, understand the principles of basic budgeting to comfortably save for anything from a night out to a trip to Disneyland. Lucky for you, there are only a few points to know before you get started: How to Save for Family Fun With Ease
1. Track every dime you spend, starting with the necessary reoccurring costs like mortgage/rent, utilities and car payments, and working down to even the most frivolous purchases at the corner market down the road. Tracking spending is a lot like tracking your diet—simple knowledge starts the path to better habits. How to Save for Family Fun With Ease
2. Now track every dime of your income. For most people, this begins and ends with the bi-weekly check from work, but others have side incomes that need to be included as well (more on this later).
3. Now it’s a matter of simple addition and subtraction. A budgeting program such as You Need A Budget or service like Mint will help you lay everything out and look for places where you can reduce expenses.
Prioritize Your Fun
Now that the math is out of the way, it’s time to start planning the fun. Get out a pen and paper, open the notes app on your phone—or however you like to write or type anything—and rank the priorities you want in a family outing:
* Good food
* Beaches or waterfront
* Historical landmarks
* Family-oriented activities
* Opportunity for alone time
The list goes on and on, depending on what you want from a family outing, but the critical step is ranking them from most to least important. The perfect getaway will start to come together from there.
Go Big, Go Local
If you want more for less keep it local (shorter than a flight). Even the most rural of residents likely live within driving distance of a state or national park. Use free sites such as Yelp (it’s not just for food) or Traveler’s Choice on Trip Advisor to search for fun activities in your area so your dollar can do more when the family is away from home.
Reduce Expenses
It’s hard to save for a trip or even a night out if you don’t first reduce your expenses. These are common places where spending can be cut back to increase savings:
* Coffee and energy drinks
* Subscription services such as Netflix and Hulu
* Going out to lunch during the workday
* Eating out more and cooking at home less
Increase Income
But let’s say you’re doing everything you can to reduce expenses, but it’s still not enough. There are some opportunities to create more income; you just have to get creative:
Stress First, Enjoy Later
Everything listed above should be taken care of before the trip, not during. Pinching pennies during the trip will not only stress you out, but it will stress out your family as well. If you took the steps to track spending, reduce expenses and plan your finances properly, it’s time to sit back, relax and enjoy.
