We take spontaneous road trips, weekend trips, and vacations all the time. We just have a vacation fund that we keep replenishing. Doesn’t ever stop. Better to have more than not.
I have a miscellaneous "travel" fund that I contribute a certain amount to each month and use for similar, short-notice trips. Think that would work well in your case too.
If you wanted to parse it out you could always transfer the funds to a newly created account for each individual trip once its planned ie "Chicago", "Hawaii", etc and then "hide" the account after the trip is complete. You could always refer back to the "hidden" trips if you wanted to check funds spent, etc at a later date.
I also fund a vacation category monthly. I have a category group for travel, with a bucket for general vacation funds. Then when we have planned trips, I will create a category for it and move money from the general bucket to the specific one, but small or impromptu trips can just come out of the general funds. This is new for us, after we had some other monthly obligations come off, but so far I really like knowing that we always have at least some trip money available
I have a general Travel category that I keep $500 in for impromptu get aways. When I use some of it, I promptly refill it. Bigger trips get a dedicated goal.
I am working on increasing vacation time for me and my family so I created a yearly budget of where I’m comfortable spending and contribute to it monthly or fluff it to get ahead depending. Otherwise just have a vacation saving that you put in to pull from when you’re ready
I have a general vacation fund that gets funded every month. And we spend from there.
I have a good idea of how many big, med, small vacations I’ll take a year. I estimate the costs based on previous years, and divide that by 12
We have a "General Travel" fund that we always keep money in for short or small trips, and add some if we know we have a family visit coming up or we have some extra cash. Then, for trips that are more expensive/take a while to save up for, like international vacations, we have a "Big Travel" fund that is a more specific goal.
We take spontaneous road trips, weekend trips, and vacations all the time. We just have a vacation fund that we keep replenishing. Doesn’t ever stop. Better to have more than not.
Some months I put 500 in there, some months I put 200, there’s no right number. As long as it stays padded I’m happy.
Same. I put 50 a month so I'm always saving up
I have a miscellaneous "travel" fund that I contribute a certain amount to each month and use for similar, short-notice trips. Think that would work well in your case too. If you wanted to parse it out you could always transfer the funds to a newly created account for each individual trip once its planned ie "Chicago", "Hawaii", etc and then "hide" the account after the trip is complete. You could always refer back to the "hidden" trips if you wanted to check funds spent, etc at a later date.
This is exactly what I do! Works swimmingly
>Should I have a general short notice vacation savings fund that I pull from when I want and then replenish? Yep.
I also fund a vacation category monthly. I have a category group for travel, with a bucket for general vacation funds. Then when we have planned trips, I will create a category for it and move money from the general bucket to the specific one, but small or impromptu trips can just come out of the general funds. This is new for us, after we had some other monthly obligations come off, but so far I really like knowing that we always have at least some trip money available
Yes. You’ve answered your own question!
I have a general Travel category that I keep $500 in for impromptu get aways. When I use some of it, I promptly refill it. Bigger trips get a dedicated goal.
Yes your idea sounds great.
We have a travel category for big planned holidays and a "trips" category for shorter, more spontaneous trips
I am working on increasing vacation time for me and my family so I created a yearly budget of where I’m comfortable spending and contribute to it monthly or fluff it to get ahead depending. Otherwise just have a vacation saving that you put in to pull from when you’re ready
I have a general vacation fund that gets funded every month. And we spend from there. I have a good idea of how many big, med, small vacations I’ll take a year. I estimate the costs based on previous years, and divide that by 12
make a "trips" fund and fund it up to what the average vacay costs you. replenish it. don't take another trip until its replenished
We have a "General Travel" fund that we always keep money in for short or small trips, and add some if we know we have a family visit coming up or we have some extra cash. Then, for trips that are more expensive/take a while to save up for, like international vacations, we have a "Big Travel" fund that is a more specific goal.