WHEN THE WEEKS FEEL LIKE THEY’RE DRAG­GING ALONG AND SCHOOL HOL­I­DAYS SEEM FUR­THER AND FUR­THER AWAY, THE ONE THING THAT CAN GET US THROUGH IS THE PROM­ISE OF TRAVEL - BUT OUR BANK AC­COUNTS SOME­TIMES TELL US OTH­ER­WISE.

Haven Magazine - - Front Page -

Be­tween school sup­plies, ex­tra-cur­ric­u­lar fees and those an­noy­ing bills, sav­ing for a trav­el­ling hol­i­day of­ten be­comes our last pri­or­ity. Fi­nan­cial ad­vi­sor and spe­cial­ist in “teach­ing women to be clever with money”, Ni­cole Heales be­lieves in the power of the hol­i­day, so much so that she thinks you should take one ev­ery year. It may seem un­re­al­is­tic – or down­right im­pos­si­ble – but Ni­cole says that, re­gard­less of bud­get, a hol­i­day can and should be “It’s re­ally im­por­tant to get out of your own space and take a break,” she says. “De­pend­ing on your sched­ule, bud­get and what your fo­cus is, you can take an over­seas trip or travel more lo­cally, or al­ter­nate be­tween the two each year.” How, you ask? Firstly, Ni­cole says you should put a small amount into your ‘hol­i­day fund’ ev­ery week. She sug­gests look­ing around to see which au­to­matic di­rect debit into a high-in­ter­est ac­count. “We’ve all got bills and gro­ceries to pay for, but you’ve got to put a bit aside for your­self, as well.” We cer­tainly can’t ar­gue with that. And we can’t ar­gue with Ni­cole’s idea to get the kids in­volved in the sav­ing process, ei­ther. She says we should let kids choose their own purse or money tin money they earn. Ni­cole also sug­gests mak­ing a vision board for the hol­i­day, with pho­tos of the des­ti­na­tion, facts about it and brochures or pho­tos of some ac­tiv­i­ties they might like to try. “It sounds corny, but having a vis­ual rep­re­sen­ta­tion of what they’re sav­ing for will make the kids, and your­self, more ex­cited and will­ing to save,” she says. Next thing is to bud­get, bud­get, bud­get. Work play with and where that amount will take you. Re­mem­ber to con­sider every­thing from trans­port and ac­com­mo­da­tion to meals and ac­tiv­i­ties. “I would per­son­ally rather have more hol­i­days than one ex­pen­sive one, so I try to be re­al­is­tic about my bud­get. If I live a three-star life at home, I prob­a­bly Re­mem­ber that you also eat, drink and in­dulge more when you’re on hol­i­day, and there are added costs like taxis and tip­ping. You can cut out some costs by pack­ing lunches, but it’s im­por­tant to be re­al­is­tic about what you’re likely to spend – it date, while ac­com­mo­da­tion tends to get cheaper. When it comes to ac­com, think about rel­a­tives or friends you could house swap with. Try an AirBnB apart­ment with all the com­forts and con­ve­niences of home, or book a ho­tel with free can­cel­la­tion while you look for bet­ter deals. “Be open-minded about stay­ing some­where cheaper, es­pe­cially if you’ll be out of the apart­ment most of the day or would pre­fer to spend more on ex­pe­ri­ences or nice meals. It’s re­ally im­por­tant to ac­cept that your dream hol­i­day might not hap­pen hol­i­day and keep sav­ing for the next year!”

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