Summer is fast approaching, so you know what that means; it’s almost vacation time! Last year, the idea of taking a vacation was probably the furthest thing from your mind. But with vaccinations in full swing, and borders opening, you have the world at your feet. If you’ve always wanted to see the world but weren’t sure if you could, that’s all about to change. Here are three ways to reach your dream destination this summer.
Choose the Destination
Everyone has somewhere they really want to visit. Some prefer to stay local while others yearn for exotic locations. Regardless, there are few things you need to plan for in advance. First off, actually choose the location. Where you go will impact how much money you need, when you can go and whether there will be a language barrier.
If you do choose to go to a foreign country, aside from financially planning, you need to learn the language. Even if you only learn the basics, you need to be able to communicate. Learn the most common phrases someone uses in every situation, like in restaurants, airports and hospitals. You should also check out the weather forecast in that area and see what is in store during your vacation. Even the prettiest of locations are prone to temperamental weather fronts. Find activities you can do and still make the most of your vacation in the event you’re stuck inside.
Stick to Your Budget
Planning your dream vacation and paying for it are two separate things. Even if you’re diligent with your finances, overspending on vacation can happen. And if you’re planning on a super luxurious getaway, you might not have enough saved to cover it. At this point, you can a few options. You can take out a personal loan, use credit cards, or cash in your life insurance for money.
If you’ve been paying into your policy for a long time, it’s probably worth more than you think. In fact, looking into a life insurance settlement gives you an instant valuation. Going this route is also a better idea if you have health issues that affect life expectancy. Not that anyone wants to focus on the negative, but if that is the case, it’s better to know your options beforehand. Cashing in your life insurance typically provides about 30 percent of the total value, which in turn, you can use for your vacation and save the rest.
Create an Itinerary
Once you iron out all the details, like your flights and accommodations, think about what you want to do. If lying on the beach all day watching the clouds float by is the goal, then go for it. On the other hand, if you want to soak up local culture, research all of the things you want to do before you arrive. Your itinerary doesn’t need to be set in stone, but if you have an idea of all the sights you want to see while there, you won’t feel like you’re missing out on anything. Creating an itinerary also comes in handy if indeed the weather takes a turn for the worst.