Begin by making up your mind about your summer vacation destination. Determine how to get there. From there, make an intelligent estimate of the transportation expenses.
Next, know how much you will spend for food and lodging. Then make a list of the things you want to do with your family while there. You might want to go trekking or hiking and might need to rent some apparel.
As soon as you are able to have the cost estimate, develop a savings plan. Divide the amount you need by the time left before you actually leave for the vacation. For example, you would need to raise $2,500 in five months, you’ll have to save $500 per month. The earlier you save, the more time you would have to raise the amount.