As the weather warms up and summer plans take shape, it’s easy to get swept up in travel excitement. But a little financial planning can make your vacation even more enjoyable — and less stressful. Here are five simple money moves to consider before you pack your bags:
1. Set a Travel Budget: Know what you’re willing to spend before you book. Include travel, lodging, food, and souvenirs.
2. Prepay When Possible: Lock in costs now to avoid price hikes or overspending later.
3. Notify Your Advisor: Let your financial advisor know if you’ll be traveling, especially if it may impact your accounts or access.
4. Use Rewards Wisely: If you’ve been saving credit card points or airline miles, now’s a great time to use them.
5. Plan for Post-Vacation Expenses: Don’t forget about upcoming bills or back-to-school costs after you return.
Final Thought: A great vacation doesn’t have to break the bank. With a little planning, you can enjoy your time away and stay financially on track.
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