SPOKANE, Wash. - With summer winding down, you may think you've missed out on taking that memorable vacation this year, and you might be blaming your finances. But there are ways to score a great experience on a limited budget.
It may be too late to get that vacation this summer, but if seeing the world is a priority, you can find ways to make that happen next year. It just takes a little extra planning and research.
Researching ahead of time will help you save time and money.
Try mapping out what sites you want to visit and local restaurants you want to eat at. this will allow you to get an idea for how much things will cost before you head out.
Travel blogger Erin Hurson says true travelers make their dream vacation a financial necessity.
Hurson says the first thing to do is set up a travel fund and put money in there instead of eating out or purchasing things you don't really need. You can also set up an automatic transfer from you savings account to help pay for the trip. Try a goal of 5% of your paycheck.
And when you plan a trip abroad, look for countries where the American dollar is strong against local currency. This will help you make the most out of your spending money.
And you might want to consider roughing it a bit. Backpacking trips are one way to see the world without spending a fortune.
Also, don't forget about apps that offer deals and money-saving tips.
Check out apps like GasBuddy, which helps you find cheap gas, or Groupon for dining deals in places you'll be visiting.