First Southern National Bank

5 Steps to Your Next Vacation

I don’t know about you, but this cold weather has me dreaming of vacation. Regardless of whether your dream vacation is a warm sandy beach or an adventure in the mountains, summer vacation season will be here before we know it.

As William Longgood said, "Dreams and dedication are a powerful combination." Anyone can have a dream, but no dream will come true unless you put the work in to make it happen.

If you are more of a dreamer than a planner, a Vacation Club Savings Account can help make your vacation planning a little easier. By taking advantage of this account, you can assure that you will be financially ready for your vacation.

Using a Vacation Club Account to pay for your vacation in 5 steps

Step 1: Decide when and where to go.

Summer is always a popular time to travel with school on break. Nearly 42 million Americans travel during Memorial Day Weekend, the unofficial start of the summer vacation season.

Location options are endless. The beach? Mountains? East Coast? The Gulf? West Coast? Hawaii? Step 2 may help determine this factor, as well.

Step 2: Determine the costs.

Once you’ve determined where you are going to go, it’s time for you to nail down some details. Costs for flights or rental cars, as well as costs for hotels, meals, and other expenses, must all be accounted for. While it’s great to dream of traveling to Hawaii, maybe a trip to a beach within driving distance is more within your budget? That brings you to Step 3.

Step 3: Put it in your budget

After you have factored in all the expenses for your travel, you should have an estimated total cost for your trip. You can then take that amount and divide by the remaining months until your trip. This is where the real planning begins with a dedication to save money in advance.

Step 4: Make saving easy

Why should you take advantage of this account? I don’t know about you, but “out of sight, out of mind” works for most when it comes to saving. The Vacation Club Account at First Southern National Bank is interest bearing as well!

All you need is $5 and a current checking or savings account to get your account started. You can transfer money weekly, bi-weekly or monthly from your checking or savings account into a club account. There is a $1,000 maximum transfer per month.

Step 5. Watch your account grow.

While accounts may be opened any time of year, the Vacation Club account pays out mid-May. Just in time for you to enjoy the summer vacation you’ve been dreaming of! With your weekly, bi-weekly or monthly transfers, you can literally watch your account grow.

What vacation do you want to start dreaming and planning for?

Still need help? Our First Class Checking accounts offer access to a full-service travel agency. Click here to learn more.

For more information about setting up your own Vacation Club Savings Account, click here and stop by your local branch.

Jenna Walker
Communications Specialist

(606) 365-3555 Ext: 19405