5 Ways To Have More Money During Spring Break
It’s Spring Break and I thought it would be helpful to share 5 Ways To Have More Money During Spring Break.
Are you someone who goes on vacation and when you come back you are in credit card debt, or just don’t know where all your money went?
Well, I have 5 Ways To Have More Money During Spring Break, so that when you get back you had a great time AND you have more money than when you started!
#1 Way To Have More Money During Spring Break
If you are going on a vacation somewhere, one way to make sure you don’t overspend is to figure out how much money you are going to spend and bring only cash (or traveler’s checks).
If you really want to become have more money long term, stop using credit cards and only use cash from now on.
Trust me, it will do WONDERS for you.
CLICK HERE to read about our Cash vs. Credit Card spending experiment results from last year!
#2 Way To Have More Money During Spring Break
Whether you are going on a trip or not, set up an automatic savings plan that takes out a little money every week into an investment account of your choice.
I have money automatically transferred to my Roth IRA, my son’s College Education Account, my son’s investment account, my investment account, my husband’s savings, my savings.
Anyways, I have it all AUTOMATED.
That way, no matter what I’m doing, money is flowing to make our family wealthier without me doing anything.
If you do a little bit to start, you won’t notice it’s gone.
Maybe $5 or $10/week to start.
#3 Way To Have More Money During Spring Break
Want to have more money then I would count the money you have.
I count all our money, I calculate the value of our property, and I also count all our debt and put it in a spreadsheet every month.
There are great Net Worth and Cash Flow Spreadsheets available for free online.
There’s a saying that what you pay attention to expands.
If you pay attention to your money, it will grow.
So, sometime during this Spring Break, count your money!
CLICK HERE for some free Net Worth Spreadsheets.
#4 Way To Have More Money During Spring Break
Choose fun activities that are FREE.
I was at Waikiki beach yesterday with my family and I noticed a tourist family with 3 kids.
They asked to play with our son Jordan and they were having a great time in the sand.
They weren’t playing very long and then the parents said they had to go on a boat ride they had booked.
Now, think about it.
The beach costs nothing, and the kids are loving it.
The beach is GORGEOUS.
And it’s all FREE.
I know people think they have to pay money to have the best quality, but I notice that when you really consider all possible activities, sometimes the free ones are actually the best.
#5 Way To Have More Money During Spring Break
Research and make your first passive income investment during Spring Break!
The easiest is to open a high yield savings account (you can google “high yield savings account”.
Set up automatic transfers to it and start making interest as your first passive income source!
If you need help doing that CLICK HERE and take my 7 Day Finance Freedom Challenge!