How to Plan Your Next Family Vacation
With two and a half months left of winter, now’s the time to start planning that dream vacation for you and your family. But choosing the destination, finding low-cost travel deals and maintaining the family budget isn’t always easy. You need to find the right balance between needs and wants. Whether you love the mountains or the beach, here’s the best way to plan your family vacation this spring.
Focus On Your Itinerary
Perhaps the hardest thing to do when planning a vacation is finding the right location. With so many places in the world to visit, deciding which is the best place to go can feel like playing the lottery. You’re taking a chance and hoping it pays off. But the process doesn’t have to be a stressful one. Since it’s a family vacation, make them part of the decision process. Ask them what place they’d like to go to, so you can narrow down your search. If you’re having trouble choosing a location, here are a few places we recommend:
- Naples, Italy
- Versailles, France
- Kyoto, Japan
- Orlando
- Boston
- Hawaii
Get Your Finances in Order
Obviously, the most frightening aspect of a vacation is the amount of money you’ll be spending. However, with a little financial planning, you can enjoy yourself without overspending. You can use your credit cards, but you’ll then have to find a way to start paying those back. You can also finance your vacation selling your life insurance policy through a life settlement. Many people do sell their policies for a number of reasons. It could be for an expensive vacation, to pay off credit card debt, or sometimes the policy doesn’t coincide with their current situation. Getting a life insurance settlement can also help seniors have better quality of life. It provides additional financial security they need as they get older.
A life settlement works similar to selling it back to the issuer, except the buyer is a third-party. The exact amount you receive depends on the type of policy you have and its current value. You can receive up to 30 percent of the policy’s value in exchange for the death benefits. If you’ve been paying on your policy since you were young, then you can expect to see a decent payout. Be sure to check how much your policy is worth before you decide to sell.
Start Planning
Planning is the essence of a stress free family vacation that is still filled with fun and adventure. Once you’ve picked the destination and your finances are in order, you and your family can start planning your itinerary. Research the area to find the local hotspots. If you’re traveling out of the country, it’ll help to research the culture. Nothing beats immersing yourself in a brand-new culture while on vacation. If young children are coming along, make sure to bring their favorite toys and games to keep them occupied. Also, don’t forget to bring some of their favorite snacks if you don’t want to spend any money until you reach your destination.
