Students and parents alike are making plans for summer vacations. However, why not start thinking about Christmas or next year's big vacation? For 2011 and 2012 graduates saving money for that big celebratory vacation before jumping into the adult professional world of work may be part of their plan.
Following are some easy ways to save up money.
Fill up a change jar. Label it Vacation money. Toss in all the loose change found and include dollar bills that might be floating in your purse or wallet.
Open a separate savings or checking account. If you're really serious about saving and want to be able to withdraw money directly when you book then this is for you. Start up your account with the money you have in the change jar.
Set up automatic transfers. A transfer of $15/week adds up to $780 by the end of the year. If you set up a recurring direct deposit from your paycheck you can have a percentage dedicated to your travel account.
Liquidate. Motivate yourself to get rid of those "things" either on eBay, craigslist or yard sale. Think of the money made equal to a hotel night's stay or a Eurailpass.