Tag Archives: trips

The Travel Debate: Which is better?

1. Flight vs. Drive:

  • Winner: It depends

Flight: Flying always seems more expensive. Sometimes you HAVE to fly due to length of stay and distance of destination, but sometimes, it may end up being less than the price of gas for your car for the same distance. For example, short flights (8 hours or less) tend to be less expensive than driving your car and buying gas along the way.

Drive: If you’re piling a group of friends or a family into a vehicle to drive to a vacation for a week, driving is typically cheaper. Plus, a road trip with fam or friends is a great way to make memories and catch up!

Road Trippin' with Kate!

Road Trippin’ with Kate!

2. Events/Activities vs. Window Shopping

  • Winner: Events/Activities – In my opinion, spending a little extra on events/activities while on a trip is well worth it. You’ll end up seeing and experiencing your travel destination. Plan ahead and decide how much you want to budget (aka “save up for”) toward activities/events. Events don’t always have to cost money! Go on a hike or walk through nature or a fancy part of town!
IMG_0736

I was able to experience Phoenix while visiting Brittany without spending any money on our incredible hikes!

3. Nice hotel vs. crappy hotel

  • Winner: Nice Hotel – If you spend a little bit extra on your hotel:
  1. You may be closer to city attractions (less taxi/transportation fees)
  2. Your hotel may offer breakfast (save $5.00-$15.00/day)
IMG_0776.JPG (2)

A combination of LOTS of people and it’s prime location made this the perfect place to sleep while in Vegas.

4. Small Group vs. Big Group:

Winner: Lots – One would typically think that a trip would be cheapest when fewer people are traveling. In reality, the more people you have going on your trip, the less expensive it will be. The more people you can get to split hotel rooms, meals, and car gas the better.

IMG_0114

Splitting a hotel with several people makes it affordable and hilarious!

5. Don’t spend vs. spend!

  • Winner: Spend! – Wait, what?! I thought this was a budget blog? Like Brittany and I have said so many times, a budget doesn’t mean you NEVER SPEND MONEY. It means you save up (aka budget) the amount of money you want to spend while you’re ON your trip…not just travel expenses. Wherever you’re going,  make sure you bring some extra cash to fully experience and enjoy your trip!
Travel Skiing

Dishing out some cash to experience the breath-taking mountains in Alberta, Canada was well worth it!

I hope this helps you plan a trip this spring or summer without breaking your budget!

Follow us on Facebook, Pinterest, and Twitter!

Follow on Bloglovin Sam

Sam’s March Debt Progress Report

I will be moving across the country in July, and have put my debt snowball plans on hold to save up for the big move. I will be paying about $600/month toward my student loan for the next four months. If I have money left over from our move, it will get dumped onto my student loan.

The graph below summarizes my short term debt progress during the month of March.

The blue columns represent my debt totals for individual loans as of March 1, 2014.

The pink columns represent my debt totals for individual loans as of March 31, 2014.

Looking at the debt progress in this format really emphasizes how debt payments can affect your progress. You can see that the debt I made minimum payments on only decreased by a relatively small amount. You can also see that paying more than the minimum has a HUGE impact on your debt decrease (not shown on the chart below).

March Monthly Debt 1Since I am only paying minimum payments on my student loan, the total debt amount decreases very little.

 

March Total DebtPaying more than the minimum (overall) has made a significant impact toward decreasing my debt.

March Applied Toward Interest

Most of my minimum payment (77% of it!) went toward interest in March.

March Income Applied Toward Debt

Roadblocks: Going to TWO trips in March really messed up my debt snowball and savings plans. I spent about $1,700 total on trips in March. Some of the money was saved up, and some was taken from my typical monthly debt snowball money. I’m excited to get back on track and start saving like crazy!

March Dollar Hollaaas: Unfortunately, none this month!

Follow us on Facebook, Pinterest, and Twitter!

Follow on Bloglovin
Sam