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How to Fund Your Summer Vacation

6/7/2023

Vacations are important for your physical and mental well-being, and you may be planning the perfect summer vacation. But how are you going to get around the price tag on your getaway?

Do you pull out the plastic and worry about paying your credit card bills when your vacation is over? Do you live off pasta during the weeks leading up to your vacation and use the money you saved on groceries to cover the trip costs? You don’t have to take extreme or irresponsible measures to fund the perfect summer vacation. Here's how we can help send you packing for your dream summer getaway.

1. Vacation Savings Account

It’s easier to save up for a specific goal when you separate the funds that are earmarked for that goal from all your other savings. When you open up a savings account at with the sole purpose of using it to build funds for your summer vacation, you’ll always know exactly how much money you’ve saved up. Plus, your money will grow, helping you reach your goal sooner.

You may have already started saving up for summer expenses in your regular savings account. Move that money into your summer savings account now so your vacation funds are in one location.

2. Personal Loan

If you think you can’t possibly save up enough money to fund your vacation in time, consider a Personal Loan. You’ll get the funds you need for your getaway, and with our affordable rates, you won’t go broke paying it back.

3. Vacation Club Account

Spread the cost of your getaway across the entire year by opening a Vacation Club Account at MIT FCU. Each month, you’ll pay just a little bit toward funding your vacation, and, when summer rolls around, you’ll have all the money you need for your vacation.

Get your vacation plans off the ground by stopping by today. We have a broad range of options that can turn your dream vacation into a reality!

 

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