Budgeting for Vacation
Budgeting for Cruise and Vacation Holiday Travel
Whether you are budget conscious or not, whenever I consider a destination for a vacation, the first thing I do is make a chart of what it might cost. This is helpful in many scenarios. For example, weigh the option between spending 7-nights on a cruise ship to your dream destination versus flying and staying in a luxurious resort. Or if you only have a specific amount of money, compare destinations for the best value, or see if you can possibly book two vacations instead of just one.
I typically use the same spreadsheet to budget our family vacation (Excel is perfect for this.) and the categories always stay the same. I suggest budgeting generously to give yourself some cushion. Enjoy your vacation, don't pinch every penny! Save my Vacation Budget Checklist and read my tips-and-tricks for each item to budget.