Summer Holiday Saving Hacks
Summer is just around the corner and it’s the perfect time to start planning your much-awaited holiday. But before you start packing your bags, it’s essential to take a step back and think about how you can save money for your summer vacation. The summer holiday season comes with a host of expenses – travel, accommodation, entertainment and more. Whether you’re jetting off abroad or staying local, there are plenty of ways to save money and make the most of your summer break. In this blog post, we’ll be discussing some summer holiday saving hacks to help you save money and enjoy your holiday without breaking the bank. We’ll also discuss ways CLCU can help you with saving for your dream holiday and will keep your wallet in check this season.
Saving Money for Your Summer Holiday Abroad
Going abroad for your summer holiday can be an incredible experience, but it can also be expensive. Here are some tips to help you save money while you’re away:
- Book Your Flights and Accommodation Early
One of the most significant expenses of any holiday abroad is the cost of flights and accommodation. To save money, it’s best to book your flights and accommodation as early as possible. This way, you can take advantage of early-bird discounts and avoid peak-season rates.
- Avoid Eating Out Every Day
Eating out every day can quickly add up, especially in touristy areas where prices are often inflated. To save money, buy some food from local markets and supermarkets and cook some meals yourself, such as breakfast and dinner. This way, you’ll save money and get to experience the local cuisine.
- Travel Off-Season
Travelling off-season can be a great way to save money on your summer holiday. Flights and accommodation are often cheaper outside of peak season, and you can avoid the crowds of tourists. Plus, you may get to experience the destination in a more authentic way.
- Use Public Transportation
Taking public transportation can be a great way to save money on your summer holiday. Instead of renting a car or taking taxis, use buses, trains, or the subway to get around. This way, you can save money and experience the local transportation system.
By following these tips, you can save money and enjoy your summer holiday abroad without breaking the bank. By using CLCU’s savings accounts and affordable loans, you can make the most of your summer holiday and have peace of mind knowing that you’re in control of your finances.
Saving Money for Your Staycation
If you’re planning to stay in the UK and have a staycation this summer, there are plenty of ways to save money without sacrificing fun. Here are some tips to help you save money while enjoying your time off at home:
- Plan Your Activities in Advance
Just like you would with a holiday abroad, planning your staycation activities in advance can help you save money. Make a list of free or low-cost activities such as hiking, picnics, visiting local museums, or attending a local festival. This way, you’ll have a plan in place and won’t be tempted to overspend.
- Cook Your Own Meals
Eating out can be expensive, even if you’re not on holiday. Instead of eating out every day, try cooking some meals at home. This way, you’ll save money and have the added benefit of knowing exactly what’s in your food.
- Look for Deals
Just because you’re staying at home doesn’t mean you can’t take advantage of deals and discounts. Look for deals on local attractions, restaurants, and activities. You may be surprised at how many discounts are available in your local area.
- Stay with Friends or Family
If you’re not too keen on staying in a hotel, consider staying with friends or family instead. Not only can this save you money on accommodation, but it can also be a great opportunity to spend time with loved ones and catch up.
Other Easy Ways to Save
Preparing for a holiday can be an exciting time, but it can also be expensive. Here are some easy ways to save money before going on holiday:
- Create a Budget
Creating a budget is the first step in saving money for your holiday. Determine how much you need to save and set a realistic goal. This will help you stay on track and avoid overspending.
- Cut Back on Expenses
Cutting back on expenses is a great way to save money for your holiday. Consider reducing your monthly expenses like eating out, entertainment, or subscriptions. By cutting back on these expenses, you can save money that you can put towards your holiday fund.
- Sell Unwanted Items
Selling unwanted items is an easy way to make some extra cash before going on holiday. Look for items around your home that you no longer need, like clothes, electronics, or furniture. You can sell these items online or even by doing a car-boot sale.
- Set up a Dedicated Savings Account
Setting up a dedicated savings account for your holiday is a great way to keep your savings separate from your other funds. This way, you can track your progress and avoid dipping into your holiday fund for other expenses.
Saving Money through CLCU
Central Liverpool Credit Union is a non-profit community savings and loans cooperative that is owned by members and run for the people of Liverpool. Here are some ways you can save money through CLCU:
- Open a Savings Account
Opening a savings account with CLCU is a great way to save money for your summer holiday. With a savings account, you can set aside money each month and earn interest on your savings. Plus, you’ll have peace of mind knowing your money is safe and secure.
If you need to borrow money for your summer holiday, taking out a loan through CLCU may be a good option. Unlike traditional banks, CLCU offers loans at affordable rates with no hidden fees or charges. This way, you can borrow money and pay it back without worrying about high-interest rates.
- Access Free Financial Advice
If you need help with money and saving, CLCU can provide you with free financial advice. Their team of experts can help you with a range of options, including choosing a loan to suit you and your needs, and what savings account to open.
Whether you’re struggling on a limited income, need to replace that dodgy washing machine, or just desperate for a holiday, we’re here to help.
To find out more about the services we offer, CLICK HERE.