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How To Save For Your Dream Vacation This Year

You can definitely see the world with your own money.

Dreaming of watching wildebeest roam in Serengeti National Park, or hiking the Inca Trail in Machu Picchu? How about a month-long sabbatical in Boracay or Palawan? The good news: It’s actually possible. Saving up for your dream vacation can happen if you prepare for it ahead of time. Here are a few tips to help you. 

1. Pick a place and commit to it. 

Travel plans can change, but if you keep switching from one dream destination to the next, you won’t be able to start anything. Before you know it, it will have been a year and you'll be nowhere closer to your goal.

2. Come up with a budget plan.

Do your research. How much would your whole trip cost? “Consider all of your expenses: travel, food, overnight accommodations, shopping, souvenirs, and activities,” says financial expert Dave Ramsey. “Remember that travel includes how you’ll reach your destination and how you’ll get around once you arrive. Food includes meals, snacks, drinks and dessert.” Also a must-have: your travel contingency fund. 


3. Subscribe to travel search sites.

Even though you already have a ballpark figure for how much your flight would cost, you should still be on the lookout for cheap promos whenever you can. “I visit Cebu Pacific’s website every morning to see if there’s a seat sale,” says Andrea, 28. “My friends and I would also book our flights one at a time because that’s how you get the really cheap deals.” Most airlines have mailing lists you can join, but it’s also a good idea to subscribe to flight monitoring websites like Skyscanner.

For more tips on how you can save for your dream vacation this year, check out!

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