How To Finance Family Holidays

It doesn’t matter what type of holiday you plan to take – whether it’s a family holiday in Disneyworld, a romantic weekend in the countryside, or a Caribbean cruise – these trips can be quite expensive. For many, these getaways, whether long or short, remain a pipedream, something only obtainable in wishful dreams. Others may decide that travel is an essential part of their lives and visiting exciting destinations is a must-do, no matter what the cost.

How can you finance family holidays when you cannot afford to take them? While taking a loan from a financial institution or purchasing tickets on credit are always an option, there are other ways available, some of them more achievable than others.

plane view

Work and save. We all have jobs, and even being a stay home mother is a job. We work to support our families and this is certainly not an easy task. Quite often there is not enough income to allow ourselves an occasional luxury or two. Still, although it might be a bit difficult, it is possible to put a little money aside every day to help finance a holiday in the future. We save for our children’s higher education, and/or for our retirement, so why can’t we save for that desired holiday as well? It would be a shame to one day say, ‘Why didn’t I start saving for this long ago?’

Combine work and play. Some of us have the fortune, or possibly the misfortune, of traveling for business purposes. It sounds exotic going from city to city, staying in luxurious conditions that you would otherwise never even consider, but work is work. It’s not like you can enjoy sightseeing and relaxation when you’re sitting in business meetings or conferences all day long. Consider inviting your family to join you for an extension of your trip. After all, your company has already paid for your travel and that already significantly reduces expenses. Private time added at the end of business trips will certainly make your time in the office more productive so don’t miss an opportunity to holiday when you can.

Come into an inheritance. Admittedly this is not going to happen unless you have rich relatives and one or more of them are about to die. Don’t count your eggs before they hatch – if you inherit money, you’ll figure out what to do with it at the time.


Play the lottery. The odds of winning a huge jackpot prize may be stacked against you, but that doesn’t mean you shouldn’t try your luck. Budgeting a small weekly allowance for lottery tickets is not a huge extravagance, especially since you are relating to this expense as taking a chance on something, and not as an investment. Play according to what is comfortable to your budget. Not being able to get to a nearby retail outlet is no excuse for not playing the game. You can purchase tickets to some of the biggest lotteries in the world like the American giants Powerball or Mega Millions. As they say, if you don’t play the lottery you certainly can’t win the lottery.

Cut back but don’t cancel. It would be wonderful if you could take off an entire month to travel around Europe but let’s be practical. It’s not only the expense that’s holding you back but also the daily necessities of life. Just because you can’t afford a 22-day Eurail Global Pass for unlimited travel doesn’t mean you wouldn’t be able to afford a 3-Country Select Pass. You have to adjust your expectations with what you can realistically achieve in a short vacation. Don’t cancel your plans. Instead plan to enhance the quality of your time, as limited as it may be.

Don’t give up on your dreams! It would be a mistake to conclude that an enjoyable family holiday is simply out of reach. It’s good to dream, but sometimes you must take the next step to make your dreams come true. We all want to make the most out of life. Don’t put off your holiday plans for the future if you can somehow make them possible today.

Disclosure – this is a collaborative post




Leave a Reply

Your e-mail address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.