4 Smart Ways To Pay For Your Next Vacation

4 smart ways to pay for your next vacationA recent survey conducted by American Express determined that the average American spends $1,180 per person on vacation. For a family of four the cost is $4,720 per year.

While that seems a little high for my frugal tastes the number doesn’t really surprise me.

Even though do I agree we all need a vacation from time to time, I don’t think you should take out debt to do so. Instead here are four smart ways to pay for your next vacation.

Save $23 Per Person, Per Week for a Year

Since the average vacation costs $1,180 per person you could save $23 dollars per week for one year to account for the cost. Just multiply the number of people in your family by $23 and you’ll have your weekly target amount.

By saving now you’ll have accumulated enough money to take your family on vacation debt free next year. Plus if you’re able to develop the discipline of saving a weekly amount for vacation you’ll have much more appreciation when vacation day rolls around.

Become a Travel Hacker

There’s a lot of buzz around travel hacking right now. In fact, it seems like everyone is doing it. And since so many people are jumping on the travel hacking bandwagon it might be a good idea to take advantage of it now before it all comes to an end.

Here’s how it works: you look for credit cards that have sign up bonuses for free hotels, flights, or other travel accommodations. When you find a sign up bonus that entices you you’ll simply get the credit card and make sure you complete the spending requirements in the allotted time.

Just make sure you’re not spending more money by using the credit card or paying annual fees. You’ll also need to pay your balance off in full each and every month or you’ll cancel out your rewards in terms of interest paid.

When you are rewarded one sign up bonus just rinse and repeat. Do make sure that you cancel your credit card before the annual fee kicks in.

Start a Vacation Side Hustle

There are some super simple things you can do online to earn vacation money. You can take surveys, read emails, and even rack up points for searching the web. If you’re looking for an easy side hustle that will allow you to accumulate money to go toward vacation, try signing up for Perk or Bing Rewards.

The above options aren’t going to make you a ton of money but if you have another skill or hobby you can turn that into a more lucrative side hustle.

For instance, you could freelance write, tutor, sell items online, or offer another type of service. You should be able to generate $50 a week in just a couple of hours. That will be enough to fund a trip for two after saving for a year.

Have a Huge Yard Sale

Having a yard sale is an awesome way to pay for vacation. You might not make the full amount needed for your trip but you can put a good dent in the balance.

Go through your house and start collecting all of the items you want to get rid of. You can start selling the items now on Facebook Yard Sales or Craigslist or you can let the items accumulate and host a traditional yard sale next summer.


Taking a vacation is expensive – there’s no doubt about it. But if you’re smart and willing to do a little work now you can make sure that you don’t have to take on debt to fund your trip.

Three Hurdles to Converting Your Hobby into Your Profession

Do you have a hobby that you’d like to start making money from? The global economy is just about getting to its knees after a difficult half decade, but nevertheless, it is suggested that 4 out of 5 small business start-ups fail within their first year. This means that if you’re looking to turn your hobby into your profession, you’re going to have to work really hard to offer a valuable product with excellent customer service if you want to win over your customers, keep them loyal and turn over a profit at the end of the year. With that in mind, here are three of the problem areas you’re going to face and how to overcome them.

Selecting the Appropriate Product

It’s quite obvious, but you’d be surprised by how many people don’t really consider enough the product they’re going to be selling before they embark upon their business journey. Thankfully, you have a head start on them because you already know what type of product you’ll be selling: whatever your hobby is. Whether it’s videogames, music, jewelry, comics or clothes, there’s a market for them all if you know how to sell them and to what audience.

Where to Run Operations from

A second issue you’re going to run into is where you’re going to select to base your operations from. Your initial thoughts may be that you should hire out a small office that suite your requirements, but why pay the monthly lease fee on an office space when you could create one at home, sell your products online and ship them from your front door using a delivery service like TNTDirect that delivers nationally (as well as internationally). You can customize your home office space (use Pinterest if you need a little bit of inspiration) and make it just as productive a space as any office would be.

How to Get the Customer Service Right

Customer service is an important part of any business, but because you already presumably know a fair amount about the product you’re selling (it’s your hobby, after all!), you should already be able to answer the majority of the questions customers throw at you. The skill to offering top quality customer service is to be congenial, polite and knowledgeable without coming across as ‘salesmen-like.’

Ultimately, turning your hobby into your dream job might be a challenge, but if you follow the advice above, you should be able to make a living by doing what you love.

How to Start With Forex Trading

New to Forex Trading? Just another word for foreign exchange. It’s all about buying and selling currencies when the price is right. Very similar to buying stocks at a low price and selling at a higher price. As a Forex Trader though, you have the advantage of choosing who you buy from, and use your knowledge on how the US Dollar affects the economy when making your choices. Another convenience is that you can do this 24/7 online if you prefer.

Signing up has never been easier, and you get some virtual money to practice and get the hang of it. There are plenty of educational resources like videos and seminars offered online to learn from, and before you know it, you’ll be doing some real Forex trading. You may want to learn a little about market trends, and reducing risks. Learn to avoid costly mistakes, and consult with tax advisers about your investments.

Foreign exchange trading offers an exciting way to earn some extra cash at your convenience. Forex brokers are there to offer their expertise in making the best choices if you choose to consult with them. The opportunities are endless and the choices are yours to make.

As a new trader mistakes will be made, but with time, new traders learn to analyze, and observe patterns in the market that clearly point out Profit! This process is acquired after time, practice, and observation. New traders need to be patient and learn the process. The two biggest mistakes is making a wrong investment…and losing money! Follow the process and stay focused on a plan. Your trading results will tell how effectively you are learning to trade…or if changes and advice are needed.

Once you grasp the edge of trading proficiently, you’ll be on your way to real trading. New strategies will come into play just like playing a game, and learning the pros and cons of risk taking. Read up on market trends, and stay on top of how the economy affects different markets. Stay connected with the media, market moves in different directions and can be confusing… know that the Forex market is volatile. Stay focused and informed at all times, especially with big news that sway the market. Events can change strategies and plans, increasing the cost of trading, and a quick adjustment may be necessary. Forex trading is an opportunity waiting for you… before you know it, you’ll be cashing in on your investments!

You can open a free demo account at https://www.varengoldbankfx.com/en/forex/