5 Tips for Starting a Holiday Fund

Everybody wants a holiday, but unfortunately not everybody can afford it. Or is that true? If you are earning some money, as little as it may be, you can save some of it for a holiday. It might not be enough for a five star hotel, but hey, at least you will go somewhere. Here are 5 great tips on how to start a holiday fund.

1. Make a Decision and Stick to It

The most important thing when it comes to saving money for anything, is to make a decision to save and stick to it. No excuses, no exceptions, you are saving!

Imagine the place you will be visiting and the great time you will have and firmly decide to have enough money to do that. Buy a piggy bank or start a savings account and start putting money aside.

Print pictures and download videos of the place you want to visit and bombard yourself with those images every day. Hang one picture above your bed so that it is the last thing you see in the evening and the first thing you see in the morning. The more you look at them the more you will want to go and the stronger your decision to save will be. Help yourself anyway you can.

2. Motivate Yourself

Have you heard the quote “When you really want something, the entire universe conspires to help you to achieve it“? It is from a book called „The Alchemist“ written by Paulo Coelho. Let the universe help you with your decision to start a holiday fund.

Take the biggest piece of paper you can find and write; “I want to go on a holiday this year”, on it. Hang this piece of paper above your bed, look at it and read it out loud every morning when you wake up.

I know it may sound silly, but it doesn’t hurt to try. Maybe the universe will really help you.

3. Save Each and Every Cent

money coins

Remember that every cent counts when you need to save money. No matter how small the amount you can save at the moment is, it will grow. Cent by cent, you will make a dollar, and dollar by dollar – you’ll get to your dream holiday.

Forget the sentence “keep the change” for a while. I know, it’s not considered to be very polite, but you’ll get over it once you are on your holiday. Turn off a couple of lights and save some money on your electricity bill. Cook more and order food less and save some money this way. Save everywhere you can, every buck you can.

4. Tell Your Friends

This is an especially good idea if your birthday is coming along before the holiday you are planning. Tell your friends that you are starting a holiday fund, and ask them to donate to it, instead of buying you presents.

You are maybe feeling uncomfortable to do something like that, but you shouldn’t. Not only that you will gather some more money, you will also make it easier for your friends. Getting a present for someone can be very hard, and giving them money instead is quite easy.

5. Don’t Spend the Money on Anything Else

Once you save a certain amount of money, you will be more than just tempted to spend it on something else; the cute top you saw or the gorgeous shoes. Well, you know what? If you really want that holiday, forget about buying anything else.

Everyone feels tempted at times, but if we were all to succumb to temptation, where would that lead us? Forget about indulging yourself while saving. After all, you will get to indulge yourself once you get to your holiday. In the meantime, you will have to give up some things. No one said it was going to be easy, but buck up and do it!

About the author


I’m a free spirit who likes to travel, cook and fly. Licensed paraglider pilot, I spend all my spare time flying. In the meantime, I like to share my recipes and travel experiences.

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