Summer is the perfect time to take a vacation and make memories with your family.
But before you book, be careful of a common financial trap.

Don’t Rely On The Future

It’s tempting to put a trip on a credit card thinking, "I’ll pay it off when my bonus or tax refund comes in".
The problem is that the money isn’t guaranteed. 
Just because it happened before, does not mean it will happen again. 

Downward Spiral

If that expected income doesn’t materialise, you’re left with a large balance and what can be endless high-interest payments.
That’s often how a simple expense turns into a long-term debt problem.

You should absolutely enjoy your summer, just do it wisely to ensure the enjoyment lasts long after the trip is over.

• Spend money you already have, not future money.
• Make a realistic budget and stick to it as carefully as you can.
• Account for all the food, activity, and accommodation costs that will be involved 

Act Your Wage

 Remember a vacation doesn’t need to be extravagant to be meaningful!

What matters most is the time you spend together, not how much money you spend.  
Those are the memories you and your children will truly cherish.