Summer Vacation Budgeting Tips from Your Financial Coach, Carrielyn Reynolds

As the vibrant blooms of spring give way to the sunny skies of summer, it’s the perfect time to start dreaming about those much-needed summer getaways. Summer vacations provide the much-needed chance to unwind and escape the hustle and bustle of everyday life. However, without careful planning, they can also lead to financial stress. That’s why staying on track with your budget is crucial to enjoy your break fully. As your financial coach, I’m here to guide you through budgeting for your summer travel so you can create memorable experiences without financial worries.

Set a Budget Early: Setting a budget is the first step in planning your summer adventures. It’s essential to have realistic expectations about what you can afford. Consider all potential expenses—travel, accommodations, food, entertainment, and any shopping you plan to do. Once you have a clear idea, start saving specifically for this purpose. By knowing how much you have to spend, you can avoid the stress of overspending and enjoy your vacation to the fullest.

Plan and Research: Thorough planning can be your wallet’s best friend. Start by researching your destination to find the best deals on places to stay and transportation. Websites like Airbnb,, and others often offer competitive options that can be less expensive than traditional hotels. Additionally, look for free or low-cost attractions in the area. Many cities offer free museum days, street festivals, or public concerts that can enrich your travel experience without costing a dime. The more you plan, the more you save!

Mind Your Daily Expenses: Daily expenses on vacation can add up quickly, especially if not monitored. One way to save is by choosing lodging that includes breakfast. This reduces your food expenses and adds convenience to your mornings. To get around, consider public transportation over taxis or ride-sharing services—it’s economical and lets you experience the city like a local.

Eating out frequently can also significantly increase your budget. Try to find places to stay that have built-in kitchenettes so you can prepare some meals yourself. When dining out, try local eateries instead of tourist traps, as they often offer better food at lower prices.

Lastly, souvenirs are a lovely way to remember your trip but can also be a huge budget buster. Set a souvenir budget, list everyone you want to buy for, and stick to it. Sometimes, the best souvenirs are the photos you take and the memories you make!

Planning a budget-friendly vacation might seem daunting, but it doesn’t have to be. If you need assistance setting up your vacation budget or have any questions, please email me at or call (207) 660-6267. Let’s ensure your summer is both thrilling and financially comfortable. Happy planning and happy summer!