{"id":11959,"date":"2022-06-23T09:44:25","date_gmt":"2022-06-23T15:44:25","guid":{"rendered":"https:\/\/www.shieldagency.com\/blog\/?p=11959"},"modified":"2025-02-14T12:36:34","modified_gmt":"2025-02-14T18:36:34","slug":"how-to-save-for-a-family-vacation","status":"publish","type":"post","link":"https:\/\/www.shieldagency.com\/blog\/how-to-save-for-a-family-vacation\/","title":{"rendered":"How to save for a family vacation"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.bankrate.com\/banking\/savings\/how-to-save-for-family-vacation\/\" target=\"_blank\" rel=\"noopener\" title=\"BankRate.com\">BankRate.com<\/a> |  <a href=\"https:\/\/www.shieldagency.com\/blog\/\" target=\"_blank\" rel=\"noopener\" title=\"Shield Agency Blog\">Shield Agency Blog<\/a> | Family Vacation | <a href=\"https:\/\/www.shieldagency.com\/other-insurance.html\" target=\"_blank\" rel=\"noopener\" title=\"Travel Insurance\">Travel Insurance<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Family Vacation Time?<\/h2>\n\n\n\n<p>Financial literacy is an essential life skill necessary to make informed decisions about budgeting, borrowing and more. Equipped with this knowledge, kids grow up prepared for financial independence.<\/p>\n\n\n\n<p>Teaching kids and teenagers financial literacy often falls on parents\u2019 shoulders \u2014 and it isn\u2019t always easy. You need to both keep your youngster involved and interested and make the process fun. One way is to use exciting opportunities, like family vacations, to teach your kids good saving habits.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Set goals for you and your kids<\/h2>\n\n\n\n<p>So, you\u2019re going on a family vacation. It\u2019s time to set some goals.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Decide where you\u2019re going<\/li>\n<\/ul>\n\n\n\n<p>First, decide on where you\u2019re going. Use selecting a destination as an opportunity to get your kids talking about where they want to go and to create excitement. Pick a place together and let your kids know that the trip can only happen if they chip in financially.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Determine the costs<\/li>\n<\/ul>\n\n\n\n<p>Whether your family is planning a&nbsp;<a href=\"https:\/\/www.bankrate.com\/personal-finance\/smart-money\/disney-world-teach-kids-about-money\/\">Disneyland trip<\/a>&nbsp;or a vacation to your kids\u2019 favorite spot, it\u2019s time to&nbsp;<a href=\"https:\/\/www.bankrate.com\/banking\/cost-of-vacation\/\">determine the costs<\/a>.<\/p>\n\n\n\n<p>Involve your kids in the process. Break down the numbers for transportation, lodging, entertainment and other expenses. Show your kids the total and discuss how they\u2019ll help you save that amount.<\/p>\n\n\n\n<p>Typically, the farther in advance you plan your vacation and start booking, the more time you have to save and get better deals. But your exact timeline will vary depending on the destination, estimated cost, season and how many people you\u2019re traveling with.<\/p>\n\n\n\n<p>For domestic travel, it\u2019s best to start planning at least three or four months ahead. This will give you enough time to research and book flights and accommodations. You might want to give yourself more time, however, if you\u2019re planning a trip during peak season or a holiday weekend, in which case booking at least six months in advance can help ensure you secure the best deals.<\/p>\n\n\n\n<p>International destinations often require planning six to nine months in advance. In addition to flights, accommodations and activities, you also need enough time to research visas, vaccinations and passports.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Set A Timeline<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Typically, the farther in advance you plan your vacation and start booking, the more time you have to save and get better deals. But your exact timeline will vary depending on the destination, estimated cost, season and how many people you\u2019re traveling with.<\/li>\n\n\n\n<li>For domestic travel, it\u2019s best to start planning at least three or four months ahead. This will give you enough time to research and book flights and accommodations. You might want to give yourself more time, however, if you\u2019re planning a trip during peak season or a holiday weekend, in which case booking at least six months in advance can help ensure you secure the best deals.<\/li>\n\n\n\n<li>International destinations often require planning six to nine months in advance. In addition to flights, accommodations and activities, you also need enough time to research visas, vaccinations and passports.<\/li>\n<\/ul>\n\n\n\n<p><a href=\"https:\/\/www.bankrate.com\/banking\/savings\/how-to-save-for-family-vacation\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"Click here for the full story...\">Click here for the full story&#8230;<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/how-life-insurance-can-support-long-term-care-planning-without-replacing-it\/\">How Life Insurance Can Support Long-Term Care Planning Without Replacing It<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/what-happens-if-your-vehicle-is-totaled-understanding-the-auto-insurance-claims-process\/\">What Happens If Your Vehicle Is Totaled, Understanding the Auto Insurance Claims Process<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/why-now-is-a-smart-time-for-michigan-businesses-to-review-liability-coverage-before-spring-foot-traffic-increases\/\">Why Now Is a Smart Time for Michigan Businesses to Review Liability Coverage Before Spring Foot Traffic Increases<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/snowstorms-and-roof-damage-is-your-michigan-home-covered\/\">Snowstorms and Roof Damage: Is Your Michigan Home Covered?<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.shieldagency.com\/blog\/do-you-need-recreational-insurance-for-your-snowmobile-in-michigan\/\">Do You Need Recreational Insurance for Your Snowmobile in Michigan?<\/a><\/li>\n<\/ul>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Teaching kids and teenagers financial literacy isn&#8217;t easy, one way is to plan a family vacation, to teach your kids good saving habits.<\/p>\n","protected":false},"author":2,"featured_media":14914,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[341,346,1,347,2],"tags":[77,71,62],"class_list":["post-11959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auto-insurance","category-boat-watercraft-insurance","category-insurance","category-rv-insurance","category-shield-blog","tag-insurance","tag-michigan","tag-shield-insurance-agency"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/posts\/11959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/comments?post=11959"}],"version-history":[{"count":4,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/posts\/11959\/revisions"}],"predecessor-version":[{"id":13127,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/posts\/11959\/revisions\/13127"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/media\/14914"}],"wp:attachment":[{"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/media?parent=11959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/categories?post=11959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shieldagency.com\/blog\/wp-json\/wp\/v2\/tags?post=11959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}