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Money-Savvy Travel Hacks

Money-Savvy Travel Hacks

Everyone deserves an escape from work now and then, and you don’t need to smash your piggy bank to have a good time. Refreshing visions of “getting away” are calling to you. Your vacation demands to be taken! Make the most of your R & R dollars using these money-savvy travel hacks to create an oasis of fun and relaxation. In fact, getting away is one of the best things you can do for your physical and mental health! Check out the healthy benefits of traveling via PositiveHealthWellness.

Plan Ahead

Be proactive and reap the benefits of your hard work without going into debt. Find discount codes for your favorite destination and pre-purchase museum tickets, boat rides or city-saver coupon books ahead of time. You will be amazed at how much money you can save!

Book fixed-cost trips

Explore and select trips that fit the exact dollar amount in your budget. No extra fees & no surprises. Another method for destination selection is to pick a theme. Base your trip on some of your favorite activities. Love wine? Tour a few vineyards or participate in a cooking class seminar. History buffs can find numerous forts and museums across the country while nature lovers have incredible opportunities to hike and bike, enjoying a personal experience in stunning landscapes.

Spectacular Vistas and Memories

Another fabulous way to see America is to take advantage of the breathtaking national and state parks here in the USA. Visit nps.gov to find a national park within driving distance. For even more road trip ideas, visit http://www.visittheusa.com.

Lower Hotel Costs

Travel with friends and family and rent a condo or house. One option is to find smaller independently owned hotels that are not part of a chain. You will often enjoy more personal service and spend less. Tired of high-rise condos with slow elevators and too many people? Investigate AirBNB or Vacation Homes By Owner for spacious digs at much lower prices and the opportunity to have more privacy.

Favorite Destinations

Find the “hot-spot” and stay in the nearest town for bigger savings. For example, you don’t mind driving an extra 20-30 minutes, when traveling to Niagara Falls, book a hotel room in Buffalo, New York – it’s only a 20-minute drive across the border. You can cut your hotel budget in half. Now you have the best of both worlds: you saved saved a ton of money while seeing all of the sights!

Taking an escape from work can be a great stress reliever, provide memorable time with family and friends, and bring a sense of renewal to your life. Reward yourself! Keeping your focus on a healthy relationship with your money while at work or play allows you to make the most of your vacation while taking advantage of smart,  money-savvy travel hacks.  Be sure to follow @themoneynerve on Facebook, Twitter, and Instagram for more travel tips and tools.

Have a great vacation this summer — You deserve it!

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Tools For Success

3x3 Financial Toolbox

Last week we investigated your personal definition of success and this week I would like to give you a tool to assist you with defining how your money ebbs and flows.

Watch: A true story, finding an solution for a successful outcome! 

Once you know where your money comes from and where it goes, you can take steps to change the flow if needed. You may find that your current spending habits keep you from getting ahead.

It took me a year to eliminate a kickboxing gym membership!

I wanted to be able to kick butt, but the fees were the only thing kicking butt. I didn’t even have time to go to the classes. I held on to the membership because I wanted to envision myself as an active kickboxer. I spent over a hundred dollars per month to pretend I was Jean Claude Van Damme. The only weight some people lose by having a gym membership is the money weight they lose from their wallet each month.

Now that you are aware of your Money Nerve, you can begin to assess which expenses really serve to feed your financial growth—and which expenses really starve your financial future.

ASSESS YOUR BUDGET

1. What are some of your beliefs that block financial success?

2. Write the following at the top of your weekly budget: “I am going to list all my money, in and out, for the week of April 24- May 1. I will be completely honest and without judgment.” Lay out Income and Expenses side by side.

3. Make two columns:       Income             Expenses

Make a list of the income & expenses under each title

4. After you lay out your budget, determine whether the final amount you have is an accurate representation of your cash on hand at the end of that week. How does it look?

5. Determine which expenses you can cut.

6. Begin to analyze the income side of your budgeting and find possible adjustments.

7. Write down the steps you will take to begin building an emergency fund.

8. Have a contingency plan in place.

Write it here.

9. Continue writing in your daily journal.

Download a PDF of the Budget Worksheet here:

Remember, you are taking a snapshot of the money flow. No guilt, no blame, just an assessment of your money. You can take back the power to make new or different money choices to create the life you really desire!

Best of luck & if you have questions, just follow me on Twitter and ask! @themoneynerve

~ Bob