Making Sense: Saving money for vacations

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With vacation season right around the corner, First Coast News speaks with a financial expert for her thoughts on the best ways to save for a trip.

JACKSONVILLE, Fla. — Come this time every year, it’s vacation season and no one wants to go into debt for a family trip. It defeats the point of relaxing, because debt is stressful.“Vacation is important for us,” Cann said.

“So, I tell all my clients to have a dedicated checking, savings or money market account for vacations," she said. You could even allocate an auto direct deposit from your paycheck, so it goes in without thinking about it. "And as you use it, you pay it off every month, and build your credit score at the same time," she said."But, get a credit card that is heavy on travel and cash back rewards.”

 

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