Q: Summer's here and my kids are already looking forward to out-of-town trips and activities they can do. It used to be that money was not a problem and we would always travel to another country for a short break during the summer. We also always enrolled the kids in summer workshops. But now I have to be realistic and cut down on
expenses due to a slowdown in my business. Any tips on how we can have a great summer but still within budget? - Mario
A: Summer is indeed the time to have fun outdoors with the family. The kids are on school break, and both parents and schoolchildren need not worry about homework, waking up early for the school bus, and reviewing for exams and quizzes. It is also nice to go to a place where the air is cooler to take a break from the intense summer heat in the city.
But though budget is a concern, it should not limit you from planning a wonderful summer vacation with the family. There are many things you can do while still on a budget - and you'll have fun while at it.
Below are our tips on how you can have that budget-friendly summer vacation:
1. Figure out how much your budget is. This is a must. To plan out a budget-friendly vacation, you need to know how much your budget is. Ideally, you should have already built up some savings for this summer vacation. Look at your savings, incoming income, and expenses. See how much you can set aside for a summer bonding activity with the family.
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