Saving For Your Dream Vacation

Womack Advisors share tips on how to save for that big trip

Article by Greg Womack, CFP

Photography by Kimberly Richelle

Originally published in OKC City Lifestyle

After being “cooped-up” during quarantine, most of us are ready to get out for a trip somewhere fun and enjoyable. With budgets tighter than ever, how can you afford to take a much-needed vacation? Here are a few ideas to make that dream trip a reality.

1. Start planning now. Look for deals, discounts, and prepare a budget.
2. Set up a dedicated vacation savings account. Put funds aside to meet your goal regularly.
3. Find extra money. Cut-out non-essential expenses, have a garage sale, sell stuff online, or work an extra job.

Make it a family effort and get everyone involved. Saving can be a fun, positive experience and used as a life-lesson for goal setting and money management. If you don’t have kiddos, share your vacation goals with a friend or family member.

The more energy you put into your vacation plan, the more rewarding your experience can be.
With gas prices way down, and discounts for airlines and travel now more affordable, a vacation is more attractively priced than we’ve seen in a while. So, start now, and have an awesome summer and vacation!
Womack Investment Advisers, Inc. is a financial advisory and planning firm based in Edmond, Oklahoma and San Diego, California. We help our clients in designing plans and investment strategies to work toward their life goals. Greg Womack, CFP is principal of WIA and has been helping his clients plan their financial futures for over 30 years.

Womack Investment Advisers, Inc.

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