You work so hard day in and day out. You deserve a break from the hustle and bustle of life, right? Sure, we all do. However, in 2014, American Express reported, the average vacation expense per person in the United States is $1,145, or $4,580 for a family of four. That’s a ton of cash considering most Americans have less than $1,000 in a savings account. That tells me most of you are charging some or all of your annual family vacation!
Vacations can be fun and stress-relieving tool but before you book your next vacation, save the money first! You will appreciate it so much more in the long-run. Racking up several thousands of dollars on a credit card can increase your stress level so much more when the fun is over and you get the credit card statement at the end of the month.
Plan ahead, start saving now for your next vacation, stick to a planned budget while traveling, you will be able to breath easier when you return knowing you don’t have to pay the bill!