Spring Break is one of the best things about being a college student! After studying hard through your classes, you deserve a little vacay. The trouble is vacations can be expensive, but that’s no biggie. Here’s what you need to know about planning your finances to have an awesome and memorable Spring Break.
Start Saving From the Start, Book Everything Early
One of the first things you should do to save money on your Spring Break vacation is to book everything as early as possible. That means tickets, hotels, etc. The earlier you can book these things the more money you’ll save on the whole trip.
ALSO READ: From Dream Vacations to a Credit Nightmare?
While proactively saving money ahead of time will definitely help in the long run, you shouldn’t plan on financing your Spring Break entirely on your savings. With Spring Break so close many students don’t have the money saved up. If you don’t have the money on hand to pay for Spring Break festivities, you can always finance it instead!
Watch Out for Roaming Fees
When you’re travelling, your phone might incur roaming charges which can be very costly. Make sure to ask your service provider about roaming charges and international connection fees.
Why You Should Not Finance Spring Break with Credit Cards
Credit card debt can be crippling, and lead you towards taking on more long-term debt. Spring Break is never as long as we’d like it to be, which means taking out a short-term loan would make a lot more sense.
Short Term and No Credit Check Loans
Short-term loans are exceptionally flexible and they don’t require a credit check to qualify. Many folks with poor credit are essentially cut off from many financing opportunities. Banks and credit unions are especially stingy when it comes to loaning money to people with bad credit.
In all fairness, your credit score shouldn’t stop you from having an awesome Payday Spring Break! Many college students feel financially stunted and trapped by enormous amounts of student loan debt. Short-term loans are the way to go for financing your Spring Break.
There are multiple types of short-term and no credit check loans. Some of these options are better than others. For example, payday loans are safer and more convenient than title loans.
If you take out a title loan, you have to put up the title to your vehicle as collateral. If you falter on your payments, the lender can seize your car! On the other hand, if you take out a payday loan, all you need is pay off the loan with your next paycheck. Why risk your car when you can get a loan and pay it back after you get your next check instead?
Take Out a Payday Loan
Let’s face it, you only get to be young once, which means you shouldn’t have to waste time waiting on the slow approval process of a bank or amass a bunch of credit card debt just to have a good time on Spring Break. Do yourself a favour and apply for a payday loan.
When you take out a payday loan you can spend more time living it up than worrying about money. Start the application process as soon as possible and get the money you need to have the spring break of a lifetime! Visit Cash Advantage, today!