afford to go on holidayGoing away on holiday is a fun thing to do with your family, but many find they struggle to afford it. When the kids are younger, you can often find deals where they go for free or cheap. But when they turn 12, they’re often no longer counted as a child in many places. Even when you do have little ones, a holiday for a family of four or five can cost more than you’re willing to pay. If you’re feeling the pinch a little this year, it doesn’t necessarily mean you have to miss out on a holiday. There are ways to save, find the money or make it cheaper so you can afford to go on holiday.

Create a Savings Plan so you Can Afford to go on Holiday

As a mum, you can feel like you’re always saving up for things. If you’re not saving for new school uniforms, you’re saving up for Christmas. But being able to save is an essential skill when you have a family. Setting a target amount to spend on your holiday and creating a savings plan to help you reach your goal can help you get the holiday you want. If you’re really determined to go away, cutting back on some little luxuries at home can help you to save more. Try to make savings on your weekly shopping or your quarterly bills.

Should You Borrow Money for a Holiday?

One question you might ask yourself is whether you should ever borrow money for a holiday. Usually taking on debt is reserved for essentials, rather than fun things. However, if you want to spread the cost of a holiday, taking out a loan or putting on a credit card can be a good idea. You can use something like personal loan comparison site GoBear to find the right loan. What you should avoid doing, however, is using a payday loan. They have high interest rates and aren’t the best choice to help finance your holiday.

Look for Bargains

Looking for the best deals can certainly help you save some money on your holiday. Some people will go to great lengths to make some huge savings. For example, if a travel company is going to have a sale, you can make sure you’re up super early to grab the first bargains. However, you don’t necessarily have to go to extremes to save money. You can spot deals and vouchers, and find great last-minute prices on lots of locations. Keep your mind open about where you want to go, and you can find some excellent offers.

Organise It All Yourself

One thing to consider is whether avoiding package deals could help you save. An all-inclusive deal might seem like the best choice, but you should investigate whether you can save by organising everything yourself. If you book flights separately, go for an apartment instead of hotel rooms, and cook your meals yourself instead of at resort restaurants, could you end up spending less? What if you go camping, or even drive to Europe instead of flying?

You don’t have to spend a fortune on your family holiday. If you’re smart, you can save a lot of money and enjoy a nice time away.