Spring break is the perfect time to unwind, enjoy some sunshine, and create lasting memories. But, with all the fun and excitement, it can be easy to lose track of your spending and end up with a credit card bill that’s hard to pay off. To ensure you don’t go overboard, here are some smart spending tips to help you stay within budget while still having an amazing time!
1. Set a Budget Before You Go
Before packing your bags, sit down and determine how much you’re willing to spend on your entire trip. Be realistic about your expenses, including accommodation, food, activities, transportation, and any shopping. Once you’ve set a budget, make sure to stick to it. Creating a daily spending limit can also help you stay on track.
2. Book in Advance
One of the best ways to save money on your spring break trip is by booking flights, accommodations, and activities well in advance. Last-minute bookings often come with higher prices, especially for popular spring break destinations. Log into LifeNOW Rewards in your web browser to look for travel deals. Don’t have access to LifeNOW Rewards yet? Contact your branch to learn more.
3. Monitor Your Spending in Your Bank Mobile App
It’s easy to swipe your card when you’re on vacation, but it can be a lot harder to track how much you’re spending. Try keeping a close eye on your transactions in your mobile banking app and verify that you have funds in your checking account to cover the debits. This will give you a clear sense of how much you’re spending, and you’ll be less likely to incur fees for insufficient funds.
4. Take Advantage of Free Activities
Many spring break destinations offer free or low-cost activities, like beach volleyball, hiking, or sightseeing. Research your destination ahead of time to find free things to do, such as exploring local parks, attending outdoor concerts, or visiting public museums. You’ll get a great experience without breaking the bank.
5. Share Expenses with Friends
If you’re traveling with a group of friends, splitting the costs of things like accommodations, transportation, and meals can help reduce individual expenses. Set up your friends as payees in Online Bill Pay to make it easier to send money when it’s time to settle up your debts.
6. Avoid Expensive Tourist Traps
While it’s tempting to try all the touristy activities, they can be overpriced. Research local gems, hidden spots, and local experiences that are often less expensive and more authentic. You’ll get the full experience without overspending.
7. Don’t Forget to Tip Responsibly
When you’re on vacation, it’s easy to forget to budget for tips. Remember to factor in tipping for services like hotel staff, tour guides, and restaurant servers. Budgeting for tips ahead of time can prevent any surprises at the end of your trip.
Conclusion
With a little planning and discipline, you can enjoy an unforgettable spring break without breaking the bank. Set a budget, make smart choices about where to spend your money, and take advantage of deals and discounts wherever you can, including our LifeNow Rewards. By following these tips, you’ll return home with great memories — and no financial hangover!
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