How to Manage Your Money to Pay for a $5,000 Vacation in Cash Every Year


No comments posted yet


Slide 1

How to Manage Your Money to Pay for a $5,000 Vacation in CASH Every Year “I am indeed rich, since my income is superior to my expenses, and my expense is equal to my wishes.” Edward Gibbon

Slide 2

That $5,000 vacation is yours to claim!

Slide 3

It’s Easier Than You Think!

Slide 4

Ways to make it happen…

Slide 5

“If you would be wealthy, think of saving as well as getting.” Benjamin Franklin How to Save It

Slide 6

3 Ways to Save Money

Slide 7

Make Saving a Priority Put money away before you can spend it. Ask your employers to deposit part of your paycheck into a vacation savings account. Save while you earn. Set up automatic withdrawals from your checking account to your brokerage account each month. Invest short-term. Think bonds, treasury bills, CDs.

Slide 8

Make Saving a Priority Strive to save $200 a month; that’s $50 a week. Set up a budget to free up extra cash. Ask your employer to increase your tax withholding amount for larger tax refunds. Amount Saved: $50/week

Slide 9

Eliminate Expenses Eliminate your home phone. Sign up for a free Gmail account and make free voice calls online. Amount saved: $10/week Banish eating out once a week from your family routines. A low-budget restaurant trip can run you $45. Cook at home, instead, for $5. Amount saved: $40/week

Slide 10

Eliminate Expenses Eliminate miscellaneous services like lawn service or gym memberships. Amount saved: $25/week Keep your motor vehicle expenses at bay by cutting out unnecessary family cars. Participate in family carpooling. One less car could result in gas, insurance and maintenance savings. Consider a more fuel-efficient car. Amount saved: $35/week

Slide 11

Eliminate Expenses Cancel your cable service and watch movies and shows online. You can hook up your computer to your TV. Amount saved: $25/week Avoid buying $5 coffee at the corner coffee shop. Invest in a $20 coffee pot and eliminate the daily expense! Amount saved: $25/week

Slide 12

Reduce Expenses Be more conscientious when grocery shopping. Use coupons. Make wise choices. Amount saved: $25/week Cut back on insurance expenses where you’re over-insured. Shop for insurance quotes yearly. Amount saved: $25/week

Slide 13

Reduce Expenses Shop for less expensive clothing. Try stores that sell barely used clothing. Look out for sales. Amount saved: $20/week Cut back on utilities. Turn off lights when not in use. Turn down the thermostat. Avoid wasting water. Amount saved: $10/week

Slide 14

“Your greatest asset is your earning ability. Your greatest resource is your time.” Brian Tracy How to Earn It

Slide 15

4 Ways to Earn Money

Slide 16

Get a Part-Time Job Part-time jobs are always available. You just need to look. You would be surprised how much you can earn from just a few hours a day. Some good examples are newspaper delivery, bartending and babysitting.

Slide 17

Find a Better Paying Job Everyone should seriously consider looking for a better job after spending 2 years at his or her current position. It's a much quicker way to move your career forward than staying at the same company long-term. A new job with higher earnings could result in an extra $500 a month.

Slide 18

Work for Yourself on the Side Identify your strengths and promote them for revenue. Buy and resell items on eBay or Craigslist. Start your own lawn mowing company. Sell firewood if you have a large lot with trees. Paint houses in your area on the weekends.

Slide 19

Go for the Lump Sum Find houses on the market you can get for a low price and flip them. Make a $5,000 profit when you sell it. Look for abandoned homes and pre-foreclosures; owners will likely be willing to sell under market value. Flip other high value items, like boats. Search for the deals and resell for good profits.

Slide 20

Save + Earn

Slide 21

Plans of Action

Slide 22

Plans of Action

Slide 23

Plans of Action

Slide 24

Plans of Action

Slide 25

Plans of Action

Slide 26

Additional Advice

Slide 27

Closing Notes A $5,000 vacation can be yours with a little effort put into: Your reward: the vacation of your dreams – every year!

Slide 28

We hope you enjoyed your Special Report! Curtis Roese is an experienced professional with extensive experience in personal finance and small business matters. Curtis writes and publishes articles, courses, guides and special reports on his personal finance blog. Common Cents Wisdom is a website with hundreds of informative articles, special reports, resources to assist you with all of your financial concerns and a free monthly newsletter. Sign up to receive your free eBook "Common Cents" and get started today on the road to financial freedom!

Slide 29

This Free Course Includes: A Complete 80+ Page, 16-Module Home Study Course in PDF format Companion Worksheets and Cheat Sheets Budget Helpers, Worksheets, and Trackers Bonus Audio Interviews with Financial Experts My Secret Resource List of Helpful Money Sites, Tools, and Calculators Bonus #1: Boosting Your Value Without a Formal Education Bonus #2: Building a Wealth and Prosperity Mindset Bonus #3: 25 Ways To Protect Your Identity Don’t Delay! Get Your Free Course Now!

Slide 30

Sign Up ~ FREE Personal Finance Newsletter   “Finally… A High-Quality, Content Rich, No BS Newsletter Written Specifically For Those Interested In Personal Finance”   What you can expect to receive EVERY Month by signing up:   Special Report – 10 to 20 page in-depth report on Personal Finance topics important to you! Articles to keep you informed on a variety of topics relevant to your financial freedom. Action Guides, Worksheets, Resources & Buyer Guides! Monthly Financial Calendar to keep you organized and current with managing your personal finances. Periodic reviews of Products and Services – Real Financial Solutions ~ Real Fast!

Summary: Family vacations are one of those things that everyone seems to remember forever. Now is the time to start making preparations for vacations that the whole family will be talking about for years to come. And not just one vacation, either, but one each year! Yes, You Can Do This! You really can take a $5,000 vacation every year, even if you have a relatively modest income! The trick is in knowing how to manage your money to make those memorable vacations possible. Coming up with $5,000 may sound intimidating, especially if you’re already struggling to pay your bills each month. However, it's really not that difficult, if you're willing to eliminate some of the non-essentials from your life and maybe earn a few extra dollars each week.

Tags: personal finance money vacation travel