Q1 2021 Financial UpdatesRead Now
The end of the first quarter has arrived and I have been slowly but surely working towards my financial goals. I managed to pay off my credit cards this quarter as well as get my credit score back up over 800. I was so happy to check these off of my goals list. Next up: student loans, investments and finishing up my emergency fund. I managed to make several big purchases in addition to paying off my cards:
Thanks for following along!
Until next time,
Budgeting for Upcoming TripsRead Now
We may not be traveling much yet but we will be soon! Normalcy is coming, hopefully sooner rather than later, and being prepared by adding these fun and/or necessary trips into the budget sooner rather than later can make all the difference in having a lovely trip when the time comes or feeling stressed about the finances of said trip.
The first step in planning a trip is deciding the budget and location for your trip. Today's video and download will help you with the former.
Once you've decided on your location its time to start looking at places you want to see and activities you want to do while you are there. Write down a basic itinerary and how much each activity would cost then start entering it into the budget calculator. After you have your activities, transportation and food settled in the budget its time to start looking at how your vacation costs can fit into the budget. Chose the timeframe and divide the total budget by that time frame to get your per month/week/paycheck/etc. savings needs. The calculator has it set as months but you can easily adjust this to your own needs. This amount will give you a place to start as you adjust your plans and anticipated costs to fit an amount that you can afford to put towards the trip. Sometimes you may have to cut something or lengthen a savings timeline to make your dream a reality but other times you may decide that the trip is worth more than you and you want to put more money into making it a showstopper. Having a plan allows you to do that, guilt and stress free, so your travel is a more relaxing experience from start to finish.
Where are you planning on going after life gets back to normal?
Until next time!