Vacations are a long-awaited moment for Jagoans who love traveling. But, to have an awesome vacation you need to save first. Here are 3 absolute ways to save for a vacation.
3 Absolute Ways to Save for a Vacation
1. Open a dedicated savings account
Why open a dedicated savings account for your vacation? So that it doesn't get mixed up with other savings, the money is not used for other needs and it's easy for you to monitor the progress of saving.
Nowadays it's really easy to open a new savings account. In the Jago application, you can create lots of Saving Pockets. Once created, then the Saving Pocket’s name can be changed to Vacation Pocket, for example. If you want to give it a picture, you can.
You can also lock the Saving Pocket to avoid unnecessary spending. Idle money may tempt you to spend it, even though the money has been saved for a purpose. When you lock it, the Savings Pocket will become a Locked Pocket. The locking period is flexible, you can arrange for it to unlock when the vacation is approaching.
Also Read: Saving Pocket vs. Locked Pocket
2. Make saving automatic
If you already have a dedicated savings account, it will be a shame if you don't save consistently right? You may have to postpone your vacation. To avoid that, you can use a practical way, which is to save automatically.
When you activate the automatic saving feature in the Saving Pocket, money will automatically be transferred from your Jago Main Pocket or a Pocket that you choose as a source of funds. You don't have to transfer manually anymore. In this way, your savings grow by itself. When the time comes, you’ve already saved enough money and can enjoy the vacation you’ve been dreaming of.
3. Find ways to save more
The sooner you have enough vacation savings, the better, right? You can focus on the next financial goal you want to achieve.
To be able to save more, there are various ways you can do it. You can reduce unnecessary expenses. What are examples of unnecessary expenses? Buying snacks and hanging out with friends, eating out and watching movies, and various other entertainments. In addition, you can also do a side job, on weekends for example.
To make it easy to decide which expenses can be reduced, you need to track expenses and then analyze them. But, Jago can do both for you. Through the Spend Analysis feature, you can know exactly how much you spend in a month and the percentage of expenses for each category. Awesome right?
Jagoans, you can be jago at saving for a vacation and various other financial goals with Jago.
