Vacations are supposed to be relaxing, but it’s hard to unwind when you’re constantly stressing about how you’re going to pay for it all. With a little creativity, you can bulk up your account and be ready to hit the road or beach in style, without going into debt to do it.

Here are 6 strategies to save for your next vacation.

  •  Open a Dedicated Vacation Account One easy way to save for a special trip is to open a dedicated Holiday savings account.-You can set up automatic payments into the account, and with a little restraint, leave that money there until it’s time for your trip. If you choose an interest-bearing account, your money might even grow while you’re looking forward to your trip e.g Kimisitu Sacco has a holiday saving account  that offers competitive rates of interest and has no ledger fees.

When you borrow money, you might end up with more cash than you actually need. This is especially common with student loans and auto loans (whether it happens intentionally or by accident). When that happens, what can you do with the money – are you allowed to spend it on anything you want?

To find out what's allowed, check your loan agreement. In some cases, there are restrictions, but other loans allow you to do whatever you want with the money.

Sometimes the hardest thing about saving money is just getting started. It can be difficult to figure out simple ways to save money and how to use your savings to pursue your financial goals. This step-by-step guide to money-saving habits can help you develop a realistic savings plan.

Record your expenses

The first step to saving money is to figure out how much you spend. Keep track of all your expenses—that means every coffee, newspaper and snack you buy. Ideally, you can account for every penny. Once you have your data, organize the numbers by categories, such as gas, groceries and mortgage, and total each amount. Consider using your credit card or bank statements to help you with this. If you bank online, you may be able to filter your statements to easily break down your spending.

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