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December 31, 2024 30 mins

Chloe Moore is Back for the "Know Better, Do Better" Series! This time, we're diving into the art of budgeting for travel. Whether you're a spontaneous traveler or a detailed planner, Lauryn and Chloe break down practical strategies to help you enjoy your trips while staying on track with your financial goals.

 

From understanding how to prioritize travel in your budget to setting up savings "buckets," this episode covers everything you need to know to plan your dream vacations without breaking the bank.

Key Takeaways

  • Discover the average cost of vacations and why planning ahead can help you avoid financial pitfalls.

  • Learn how to create a yearly travel budget that aligns with your priorities and goals.

  • Find out how savings buckets can simplify travel planning and why reimbursing yourself immediately is key.

  • Get tips for booking flights and accommodations strategically to save money and make the most of your trips.

  • Understand the importance of cancellation policies, trip insurance, and leveraging travel credit card perks.

Money Quote: “Fill your life with experiences, not things. Have stories to tell, not stuff to show.” ― Abhysheq Shukla

Links & Resources Mentioned

Ready to take control of your financial future while soaking up the local culture in an exciting destination? Join Lauryn Williams at the Welcome to Wealth Retreat in Medellin, Colombia! Build a personalized financial plan while experiencing an incredible new culture. Click here to reserve your spot today!

About Lauryn Williams

Lauryn Williams is a Certified Financial Planner, Olympian, and financial educator passionate about helping people take control of their finances. Lauryn also hosts the Welcome to Wealth Retreats, designed to help individuals create actionable financial plans while traveling and experiencing new cultures. Learn more about her speaking services and retreats [here].

 

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