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View Full Version : Need to save $3500 in 18 months, HOW


fam4jc
06-20-2004, 06:42 PM
Hi. I just placed our room only quote request to DU for our anniversary trip in Dec 05/jan 06. Rack rates will be 3500 for 8 nights. 2 WL woods view, 3 Contemporary Tower, 3 AKL concierge. Of course I am hoping for good codes, but I had better plan to save the rack rate amount, just in case.

So, any great ideas for a prolonged saving program? I have the change jar thing going (doing great with that). But I'm not going to get $3500 in change in 18 months!! That is just for the rooms, still will need more for tickets, food and transportation. OMgoodness:earseek:
help me, help me:scared1: Can I do it?

powellrj
06-20-2004, 07:01 PM
my best idea would be to figure out how much money you would need and divide that number by 18 and then treat it as a bill you need to pay every month.

fam4jc
06-20-2004, 07:30 PM
That's a good idea::yes:: ::yes:: We saved about 3000 for the trip we just got back from in about six months, but that was both of us working extra jobs. I guess I'll figure out the maximum and do what you suggested and if we get extra income that goes in to the dis fund, I can reduce the "monthly payments" by that amount.

Thanks for your help:teeth:

OhMari
06-20-2004, 07:46 PM
I worked 3rd shift from Oct. to Feb 1 at a Kohls store changing signs, or sometimes I was put on inventory. I made $150 extra a week and I usually worked 1 day a week and maybe Thursday, Friday or Saturday nite. I told them just don't make me work back to back nites, cause I couldn't really sleep during the day, cause I had my day job. I got home at 3:30 from my day job and had to be to work by 10:00 for my 3rd shift job. I never really slept, so that is why I couldn't work back to back nites.

I made $1500 in those 4 months, it would be half.

GAIL HAYDEN
06-20-2004, 08:04 PM
It is only 41.66 per week or 5.95 per day to save. Cut out purchased lunches at work or trips to Mickey D's or other non necessary expenses.
It looks huge until you break it down, it then becomes more manageable.
Be aware, however, this rate you have can go up. It is not a locked in rate. I would add for inflation or the usual room increases.
Opps, that calculation was for 3000.00 not 3500.00.

Ilovestitch
06-20-2004, 08:23 PM
Go around your house and look for anything you can sell on eBay. I had tons of clothes and shoes in my closet I never wore and sold them to make extra $$ for WDW.

Tiggerlover91
06-20-2004, 09:04 PM
Originally posted by fam4jc
But I'm not going to get $3500 in change in 18 months!! That is just for the rooms, still will need more for tickets, food and transportation. Can I do it?

I beg to differ on $3500 in change. I've only been saving since May 1st of this year and I already have $295 for my Disney trip in 2006. Now granted, it's not just change that I put into my jar, but also $20 a week of my tip money and odd dollars go in also. I'm going to tell you, it doesn't hurt one bit and it's so much fun counting that money every 10-12 days and just watching it grow and I mean rapidly! ::yes:: :hyper: Is there some way you can drop to a moderate resort to help cut down on the cost. As much as I would love to stay in the AKL, it just doesn't fit my budget right now, so that's why it's the Allstar Resorts for me and DH! :teeth:

I like Gail's idea about 41.66 per week or 5.95 per day to save...that's a WONDERFUL way to look at it without putting you into panic mode. :D What you need to do is what I've done. You need to factor in hotel, food, tickets, transportation, and extras, so you'll know exactly what you need to save. DH and I live here in FL so we save there by not having to fly. We live 6 1/2 hours away from Disney and only have to fill up one time on the way there...it's awesome! Because we're residents, we also get great rates on hotels and tickets that save us LOADS of money! ::yes:: I have totalled our next trip to be about $1600. That's food, hotel, tickets, and extras (spa treatments and minature golf) ! :p With just the $20 a week alone, not factoring in the ones and loose change, I can save $1920 in two years. I've been saving since May 1, so from May1 2004-May 1, 2006 I can have $1920!!!!!!!!! :cool1: :cool1: Our trip is from May 21-May 28, 2006. So with the way I'm saving now, I will have well over $2000 for our trip in 2006!! :hyper2:

See how easy it all is when you just sit and figure things out and get a plan? See where you can cut back a bit too, that helps a lot. You have to be willing to do so, whether you really want to or not. Maybe do a couple of nights in a deluxe and then cut yourself back to a moderate maybe even value so you know you can save that money plus more. Hey....keep us posted and let me know how I can help.

Best to you and have fun planning!

Blessings,

Denise :wave: :sunny: :rose:

fam4jc
06-20-2004, 10:51 PM
Hi Gail, Denise:teeth: Gail, it's always great to hear from you. You are right about breaking it down, that helps me to feel more in control.:wave:

Denise, I agree that I might have to cut back from the delux stays, but I don't want to if we don't have to. This will be our 10th anniversary. Not in and of itself a reason to spend gobs of money, but we've been through alot together. Our first child was born sick, financial woes, etc. Anyway, we have NEVER done anything for our anniversary except a movie. We figure we are making up for the other nine anniversaries we couldn't do much for.

Actually Port Orleans is on my list and so is cb. So if I don't have a substantial amount saved let's say within four months, I'll have to adjust our reservations. I know this. We are just shooting for the stars.

I counted my change bank. Been saving only a week. There is 41 dollars in there:bounce: :bounce: :bounce: :bounce: I had cash left over from the trip and loads of change that I put in the bank. So really it is excess from our last disney savings bank.

It sounds like you have your savings plan down Denise. Good stewardship is soooo important. This wouldn't be a big issue for us if we were out of debt. Getting there, slowly but surely. only ten more months, then we'll be debt free - God willing:teeth:

Take Care. And I'll talk to you both soon.
Shellie

Tiggerlover91
06-20-2004, 11:13 PM
Hey Shellie!! :wave:

Listen, I understand about wanting to reach for the stars! DH and I celebrated our 10th in Disney and we will be celebrating our 15th there in two years. For me, reaching for the stars is going to Disney! :D :teeth: I know many who have never been and feel they will never get there, so I don't know how blessed I am to be able to go til I hear those stories.

About being debt free...I'm with ya there! Two years ago, DH and I were nearly $3000+ in debt and now in just 6 months, we will be debt free once again! :jumping1: :cool1: No more credit card bills, no more cell phone bills, no more hospital bills, just no more debt!! I turned my stuff over to a debt consolidator and they have been a blessing helping me pay off bills I couldn't do on my own. They just take $170 a month out of my checking account and VOILA....bills paid!! :teeth:

I do hope your first child is doing better and blessings to you no matter what. DH and I don't go all out for anniversaries either. Last year we did New Orleans for 3 days and this year we did breakfast, the movies and dinner right here at home. However, when we do have something big planned, I tend not to spend much beforehand. I know our vow renewal is coming up in 2006 the same time as our Disney "honeymoon" so that's where I want the money go, so I tend not to overdo it on anniversaries to come. Next year will be a laid back year also as Disney will only be a year away at that time. :hyper2: :hyper2:

Thanks for recognizing my plan...I have to have it or the trip will NEVER happen. The cool thing is...I also have an extra $300+ in my checking account that's there for unexpected things, so if something does pop up, I don't have to touch the Disney money....at all! :tongue:

You just get those numbers down on paper and play with them every now and again. Move things around, see how it all looks and get that money into that jar and get to saving!

Keep me posted! ::yes::

Denise :sunny: :wave:

cooldisneymom
06-20-2004, 11:48 PM
I had a yard sale yesterday to add to the Disney Fund and netted $450.00!!!!:jumping1:

Taja
06-21-2004, 08:22 AM
As others have said, carry your lunch and eat home when ever possible. Put the difference in your WDW savings each time (not later--you'll forget!). It's healthier and you'll save money. But allow for an occasional treat!

Minimize driving to the extent possible. I already did that several years ago, but if you can combine and eliminate excess trips to the store, you'll save money at the store and in vehicle expense. Calculate the vehicle expense at .35 per mile (rounding up IRS business expense guideline) or an amount you choose, and tuck the savings into your WDW fund. I rarely make a separate trip to the store--it's usually a stop on the way to or from work, twice a week, max! You learn to plan more efficiently!

The biggest difference is dining in rather than dining out, but if you think about how you do things and where you spend money unnecessarily, you can save an extra $20 or $30 a month. Not a lot, but it's a couple of counter service meals or one moderate restaurant meal at WDW!


__________________
Taja http://www.click-smilies.de/sammlung0304/natur/nature-smiley-016.gif

wasabi girl
06-21-2004, 09:15 AM
I'm going in Nov 05 and I'm on a savings plan too. We plan to stay at the Poly or CR tower for 7-8 nights with the dream maker plus gold plan (for our family of golfing foodies it is a good deal). I placed a giant piggy bank in the entry way labeled "Disney Vacation Fund" . Each of us (we are a family of four, with two older teens) puts change, tip money, etc in the jar. Then every week or so I deposit it into a special bank account (for travel). I've calculated the amount needed into weekly amounts and written savings goals on the side(of the disney vacation fund bank). We are all forgoing little things...coffee shop coffee, movies (in the theater), eating fast food on the run, shopping, and so on. To keep us all motivated to save we watch the Disney Vacation Planning video, travel channel specials about the parks and resorts.

So far, so good.

Good luck to you. It is worth saving for and having yard sales or whatever it takes. You will have a fabulous time!

disneyatl
06-21-2004, 09:36 AM
We too had 18 months to save for our trip next month. We did several things mentioned by all the above. We sold things on ebay, automatically took out money from our check each week and deposited into our savings account, any checks from rebates or insurance checks we deposited into our account, saved change, cut back on meals. Another thing I did was purchased a disney store gift card every couple of months to pay for my park tickets. I thought it was quite easy considering I had so long to save.

Good Luck!

robinb
06-21-2004, 10:09 AM
You're going to be there over NYE? If you really want to save money, plan on checking in no later than Christmas Day. According to Mousesaver's (thanks Mary!) historical code trends chart (http://www.mousesavers.com/faq.html#codetrends) the last check-in date for using codes in December has usually been 12/25, although it was extended to 12/26 last year. If your planned check-in is after 12/25, then you are pretty much stuck with the ultra-high Holiday rates.

Good luck saving!

crisi
06-21-2004, 12:44 PM
Best wishes on your goal...

$3500 in eighteen months (and more, once you start paying for park tickets and food) is very ambititous for most budgets. Which isn't to say it isn't doable.

Review all your spending and see where you can cut. Prepaid cell phones are often cheaper if you don't use your minutes on your plan. That latte - unneeded - as well as the whole family going to a movie with popcorn and sodas (a matinee without food will do fine - or rent it when it comes out on DVD). The $40 haircut replaced by $15 at Cost Cutters. Use coupons, Sam's Club, whatever you can to save money.

Of course, if you are already doing all this to get rid of your debt quickly and address your financial woes, you may not have much to cut that is really practical unless you want to move into your parents basement and eat rice and beans.

Everything that is saved needs to be stashed (this is really the idea behind a change jar, you stash it so you won't spend it). Arrange with your bank to have regular automatic withdrawls into your vacation account - if you don't see it, you are less likely to spend it.

The other option is look for ways to generate additonal income. A second (or first) job. Garage sales, eBay. Dog sitting, mowing lawns. Whatever you can do. Its generally easier to save it than make it - making it ususually takes your time and you generally loose something in taxes.

Best wishes.

Do remember that its the marriage that's important, not how you celebrate your anniversary. We never celebrate ours at all (we got married in the Spring sometime.....yeah, that's right). And, while if what you want is a Deluxe hotel stay there is nothing wrong with that, don't put yourself in a position of regretting it later. We've enjoyed our Deluxe stays, but if it were a choice between Port Orleans and being able to go out to dinner a few times in the next eighteen months or WL, I'd take PO and less austerity over the next year.

HenDuck
06-21-2004, 01:54 PM
Hi There.

I am in the same boat. Got to save something like $4,000 in the next 19 months for a trip to Disney in 12/05. I do a couple of things:

1. figure out a “high” and “low” budget. If we are able to save more, we get to do more splurge type things. Otherwise, I have the “low” budget to shoot for so I know what is the minimum I need to make the trip happen.

2. I figure out how much I need to save per month and then commit myself to doing it. This is actually all part of my larger budget which accounts for short, medium and long term savings goals.

3. I also save change and dollar bills, do ebay and garage sales too. But those things are for the extras, like character meals, car service, etc. Our family garage sale money goes to the joint expenses like the rental car and gas.

4. For this next trip, when I am 6 months, 4 months and 2 months away from the trip, I plan on doing a “spend nothing week” each month and see how much extra I can throw into the Disney vacation fund.

Oh yeah, as for our wedding anniversary, we think splurging is taking the day off together, watching a movie in a real movie theater, and using one of our gift certificates to a restauraunt for dinner. Just being together on that special day is enough for us right now.

Good luck (to all of us)!

fam4jc
06-21-2004, 05:46 PM
Thanks to Everyone:p

Robinb - Yes, NYE, but our anniversary is Dec 30th! What was I thinking when I set that date!! Actually it was truly a beautiful wedding... We debated going earlier in December, during the value season, but voted for the two REAL expensive days, then value season kicks in again on the 1st of jan.

Henduck - great ideas! My mom talks about the "no spend" week each month. She and my dad used to do that when we were all small and my dad was getting his advanced degrees. She said it used to save her 40 or 50 dollars a month!

Crisi - stashing it away is the ONLY way I can save it! Out of site, out of mind.

I agree that I can't make our lives misserable over the next 18 months so we can stay delux the whole trip. That wouldn't be good stewardship or good parenting! I want to be realistic and use this savings plan (once I have it completely formulated) to teach my girls about money / goals / prioritizing, etc.

The no debt this is finally within reach and if feels sooooo good:teeth: :sunny: :tongue: :Pinkbounc :bounce: ::yes:: ::yes::


Denise - Way to go! six months away. That's great! It's worth every sacrifice to get out from under that burden! And what a lesson we teach our children when they see the reality of the struggle to get debt free.

To everyone - you all are full of wonderful ideas. I'll keep you all posted on my progress. I've got to go empty the change out of the bottom of my purse and check pockets to do laundry and dump it all into the WDW change bank!

Shellie

Lindamary123
06-21-2004, 07:32 PM
We're saving for May 05 too. :)

I booked the Polynesian at rack rate for 9 nights. This is a special trip for us too, we are celebrating my son and daughter's high school and college graduation and my husband's birthday.

I had to pay the extra adult charge per night too so... at rack rate I'm paying $422 per night. Ouch! I think we will get AP's (since we are going for 10 days) so hopefully we will get a discount on the room. I have $750 paid in already and I am going to try to pay $200 a month for the room. I have $400 a month taken out of my check per month, so that will pay for food and fun after I pay for tickets.

I'm not sure whether we are driving or flying yet so I have to plan on about $1000 if we fly.

I have a long way to go...........

madelyn
06-22-2004, 10:26 AM
Another option if you don't have to stay in those Deluxe properties is to stay at the Dolphin/Swan and/or rent points through a DVC member to stay at a DVC property (although a DVC ressie could be tough to get during Christmas). The Dolphin/Swan can have some very good discounted rates through teacher/govt/nurse discounts and AAA and Entertainment member, although I don't know if your time is a black out period. I returned from a split stay at Old Key West and the Dolphin last week. The Dolphin had a 50% off AAA rate of $147.50. I enjoyed our stay at these properties just as much as our stays at the GF and BC, although there are some differences. And being able to eat-in at the DVC properties can save in your food budget.

fam4jc
06-22-2004, 07:16 PM
Madelyn - We loved the Dolphin! we got the same rate b/c my dh is a cop.

Well, we've made the deposit today on our trip. I changed the dates to all value and booked it as a package for now. The cm, Betsy was OUTSTANDING! I told her what we wanted, she was a long time Disney CM and she just figured out the best way to hold the rooms for now... waiting on those codes! She knew all the "lingo" and even told me that they just recieved a memo about additional AAA codes, but not for next year. She said that any codes that come out will be out before the 45 day window on packages so my best bet was to book the package and WAIT, and wait, and wait, and pay, and pay, and pay! She also said that odds were that there would be discounts available. Yippeee! She was wonderful! Even with suggestions about different things to do in the parks and at the resorts. Incredible!

Okay, so today I put another 18$ in my Dis Bank. The 21st was my bday so I got a little cash from mil and my dh's granny (a great lady) and I put some of it into the wdw fund. I'm up to $59! only $4000 more to go.:hyper: :laughing: :laughing: :laughing: :laughing: :laughing: :laughing: :laughing: :jumping1: :cool1: :hyper2:

Anyone know how to put the counter on my signature?
Thanks:wave:

Tiggerlover91
06-22-2004, 11:16 PM
Originally posted by fam4jc

Okay, so today I put another 18$ in my Dis Bank. The 21st was my bday so I got a little cash from mil and my dh's granny (a great lady) and I put some of it into the wdw fund. I'm up to $59! only $4000 more to go.:hyper: :laughing: :laughing: :laughing: :laughing: :laughing: :laughing: :laughing: :jumping1: :cool1: :hyper2:

Anyone know how to put the counter on my signature?
Thanks:wave:

Hey Shellie!

Great job on that extra money in your Dis Bank. You keep that up and you'll be there before you know it! ::yes:: :teeth: Let me know if I can help in any other way.

For the countdown...visit THIS LINK (http://psiklops.brinkster.net/CDTimers/CDTimerGen.htm) with very detailed instructions on how to put one in your signature. Let me know if it works.

Blessings,

Denise :wave: :sunny:

sarahsmom73
06-23-2004, 05:46 AM
I write myself a check every week!!! It has been $50 per week..... The other thing I have done religiously since last July is use coupons at the grocery store.. I take those savings along with any in store loyalty savings and put them in the envelope... I know my ususaly grocery bill is around $120.. If it is lower I put the residual in the WDW 2005 envelope!....


edited to add...

another good way to earn some extra $$ is to do online surveys... I have $40. in various surveys on the way!

DISNEYLOVER70
06-23-2004, 07:52 AM
another good way to earn some extra $$ is to do online surveys... I have $40. in various surveys on the way!

any links you could share on how to get hooked up with the surveys? Thanks!!

$40.00 here and there adds up...........:tongue:

MrsPete
06-23-2004, 08:33 AM
Gail -- I like your $40 per week or $6 per day concept. $3500 seems like a whopping big number, but I can easily figure out a way to trim $40 each week. A little at the grocery store, a video not rented, water instead of sodas.

By the inch, it's a cinch; by the yard, it's hard.

Hen Duck -- I also like your concept of a "high" and "low" budget. The original poster knows what she wants -- the days at the deluxe hotel. But she could easily make a back-up plan for lower-priced hotel rooms IF she doesn't meet the 3500 goal. The "low" plan might also include dropping a character meal or two.

GAIL HAYDEN
06-23-2004, 04:07 PM
Originally posted by MrsPete
Gail -- I like your $40 per week or $6 per day concept. $3500 seems like a whopping big number, but I can easily figure out a way to trim $40 each week. A little at the grocery store, a video not rented, water instead of sodas.

By the inch, it's a cinch; by the yard, it's hard.

Hen Duck -- I also like your concept of a "high" and "low" budget. The original poster knows what she wants -- the days at the deluxe hotel. But she could easily make a back-up plan for lower-priced hotel rooms IF she doesn't meet the 3500 goal. The "low" plan might also include dropping a character meal or two.

My original calculations were for 3000.00 over 18 months.
The calculations for 3500.00 over 18 months are : 194.00 per month, 48.61 per week or 6.94 per day.
My vacation fund is a "bill" which I pay religiously every payday.
I put aside 500.00 per month in the vacation fund and 350.00 in my personal savings. It adds up very fast.

LuvTigger
06-23-2004, 08:07 PM
What works really well for me is a Christmas Savings Account. the way mine works is if I make a withdrawal, I'd have to withdraw ALL of it. Some banks will even make you forfeit the interest.

I have an automatic deduction each paycheck that goes into the Christmas account, and I also put any additional money I might receive into the account, then on October 1st (some banks are November 1st), they cut me a check for the entire amount, which I'll stash in my savings until I'm ready to use it.

fam4jc
06-23-2004, 09:21 PM
Denise you'll notice I still don't have the counter, I tried, but it didn't work. I'll try it again.

Gail, I LOVE your pic of the castle! Very nice. Yes, I had done the calculations and its a big goal, but I'm motivated. I just looked at some pics of the CR and AKL. Loooooks pretttyy gooooood to me:teeth:

I am worried that I am getting obsessive about WDW. My dd7 told me today I had Mickey on the brain:earsboy: maybe so. I guess we have so much stress in our fam right now that it is so fun to escape to plans and dreams of our next trip.

I've got a couple items on ebay (9) and they all have bids on them. I thought that was pretty good. So all that profit will go in my dis bank (maybe 25 - 30 $$).

Do any of you buy disney dollars as a way to save? I'd have to order them by mail. That would only work AFTER we've saved enough for hotel and tix, right?

Everyone, has a wonderful blessed evening:sunny:

shellie

fam4jc
06-23-2004, 09:28 PM
Okay, I'm not so stupid after all! a hint, I just right clicked on the script and copied and pasted it into my sig line. Lots less complicated than the directions.

LoveThoseLabbies
06-23-2004, 10:05 PM
Okay, two obvious thoughts here.

If you are struggling to save for the trip, find a cheaper hotel. All you do is sleep there, maybe use the pool, and some transportation conveniences. Not worth $400/nite. That would probably cut the budget in half. While I am not rich, we can afford a decent vacation every year. There is no way I would ever pay $400 for a room/nite. I've stayed in some very nice hotels. None are worth $400/nite, particularly those at Disney. Period.

And number 2......how about a job, or a second job for a while? Jobs pay cash, and as Yogi Berra would say "That's just as good as money."

Good luck.

GAIL HAYDEN
06-23-2004, 10:05 PM
Originally posted by fam4jc
Okay, I'm not so stupid after all! a hint, I just right clicked on the script and copied and pasted it into my sig line. Lots less complicated than the directions.

I recalculated and it is 6.717 per day to save---YOU CAN DO IT!!!
Glad you like the picture, it was a lucky shot. :)

Tiggerlover91
06-23-2004, 10:10 PM
Originally posted by fam4jc
Okay, I'm not so stupid after all! a hint, I just right clicked on the script and copied and pasted it into my sig line. Lots less complicated than the directions.

You better believe you're NOT stupid!! Your countdown looks great!!! :teeth: ::yes::

The only time you need to be "worried" about Disney on the brain is when you start to pull money from necessary areas to fund your trip. :( I think about Disney all the time and talk about my trip 2 or 3 times a week even though it's still two years away. :faint: However, I have my priorities and they will ALWAYS come first. Example, my air conditioner is out in my car and it's becoming unbearable at times so I've finally decided to have it fixed. I found someone other than VW to do it who I trust and who WON'T cost me an arm and a leg. That money I can pull from my float fund in my checking account so I don't have to touch the Disney fund. :hyper:

Keep your focus, work on saving, and everything will come out just dandy! :tongue:

Keep in touch!

Denise :wave: :sunny:

autumnblue
06-24-2004, 02:32 PM
Can you get at least a AAA rate on any of those resorts to knock a little off? Or may be they aren't out yet for your dates.

Also open a ING Account or a Virtual Bank account and start sending out those referrals. You can make up to $600 on the Virtual Bank if you know enough people and they are great places to stash your weekly deposits because they have great interest rates.

I know it looks like you are saving down your debt but you could make some substantial disney dollars for your trip by using the Disney Visa. With you hotel costs alone you'd get $35 and when you through in passes and such you can get more. I'm not sure if they are still offering the $50 for signing up or not. Of course be sure to pay it off each month

madelyn
06-24-2004, 04:23 PM
fam4jc

Just noticed from your signature line that you recently returned from a trip Poly Concierge/Dolphin. Those accomodations don't cost pocket change so you must have done well saving for that trip. Or did you have more than 18 months to save for it?

beansmom
06-24-2004, 04:43 PM
i agree with possibly changing the accommodations...for the most part all we do in the room is shower and collapse. pirate:

Do you do something on the side that you can make money with? Some type of special skill (like work at H &R Block during tax season, customer service in a catalog call center, craft projects?)? I make original wreaths and christmas ornaments and decorations and sell them at work. I made over $300 last year doing just that. I also scrapbook on commission. All that goes into the Disney fund.

Catella
06-24-2004, 04:43 PM
Another way to save money it to cut out unnecessary monthly bills. Cable/satellite service can be dropped if you don't use it much, that's $40+ a month savings. You could also try a cheaper internet service provider if you are using an expensive one. I used Juno for several years at only $10 a month, and the service was just as good as any other dial-up I had used.

MariaE
06-24-2004, 09:21 PM
I'm not sure this is available around your area but you might want to check it out - there are several banks/credit unions that offer a vacation/christmas club account. You put money in but are not allowed to take money out. They will then send you a check automatically at a certain time. You can of course close the account at any time, but will face penalites.

fam4jc
06-24-2004, 09:41 PM
Before I respond to these great ideas, I have to share something with you all.... Some of you might know that my FIL is very sick with renal cell cancer and having a horrid time with the radiation therapy. I was over there by myself tonight bringing him an anti nausea machine and we got to talking about WDW. He hasn't been there since they opened MK! Anyway, he wants to come with us on this trip!!! I am sooooo excited. PG :sunny:

MariaE - yes I've thought of that, my DH can join the state credit union and they have a vacation club. It' a great way to save for a specific purpose.

Madelyn - Yep done this before! DH and I both got second jobs (he made much more than I did) and had direct deposit into WDW savings account and smallish tax refund and cutting costs, etc.

With that trip I booked in Nov for June at Pop, then kept upgrading as I would hit milestones in savings. In the end two weeks before our trip I received a surprise bonus and poof put us over the top and into the Poly concierge (discounted of course!)

Denise - You are so sweet. You probably have the gift of encouragement! I need to save up a 'float' fund also. I used to have one. It sure would have helped today! bought a 110 dollar devise for my fil - I just couldn't stand to see him like that another day (the meds weren't working)

Everyone - your opinions/advice/ideas are greatly appreciated!
::yes:: :chat: allways help.

Shellie

Tiggerlover91
06-25-2004, 11:30 AM
Shellie,

I sent you a PM :D

canwegosoon
06-25-2004, 08:02 PM
Shellie, First of all good for you planning this far out and getting your budget in order. There have been several great suggestions. I love Gail's suggestion ( always do...she has great advice), loved the vacation club/Christmas Club idea, and of course the change is always a great stand by. What I was going to suggest was 1) Check over your budget, is there anything you are paying off soon (eg. car/student loans), that you could keep writing that check, but put it toward your Disney account. 2) Eliminate the little stuff (some have already made the suggestions). I eliminated my Long Distance carrier (using phone cards for LD) and cut my phone bill in half. Go to the most basic cable, borrow movies from the Library, try to shave some money from the food budget . 3) then put the money in a high(er) intrest vehicle at your bank like a CD/MMA just make sure your maturity date is a month before your trip, so you have time to cash out the accounts. Good luck you can do $50 a week no problem. Just wondering is food and Airfare included in your budget?:)

fam4jc
06-25-2004, 10:47 PM
canwegosoon. what a great name:teeth: Oh, I've looked into most of those things you mentioned, and thank you for saying its doable. I panicked at first at the cost. Last time it grew with time. This time I started out HUGE:crazy:

That figure does not include transportation there. I am hoping that we will fly on frequent flyer miles, but we are close enough to drive (11 hour drive).:crazy:

I've booked the rooms on a regular package but i've already figured when I change to room only with AAA discount I'll save about a grand below the current quote. I think I mentioned that the cm I had was superb. She had to have been CRO not WDTC. She told me exactly how to do what I wanted this far in advance. I am also hoping for good ap rates for that time (with availability at CR) since we will be returning for camping at FW. If I can get the ap rates that might cut my costs down by as much as 400:tongue: and I can get the 2nd room for my DH's parents.

It's exciting to plan and makes me double check before I spend ANY money. That in and of itself is bound to save money in the long run.

I've made a little bit today on ebay. Not much but I'm happy with any extra. It's a little more work than I was expecting. I think I'd rather get a real job:crazy: 2nd one that is:teeth:

Anyway, thanks for your thoughts.
shellie

canwegosoon
06-25-2004, 11:01 PM
Well, you sound like a pro to me...and I'm sure you will do it. The sad thing is we are going in Feb of 06 (we are DVC owners/I teach, so it has to be a school vac) otherwise we could have been at WDW at the same time. I know what you mean about the ebay...always wanted to try, but I think a yard sale is too complicated sometimes...wish I could hire someone to do my Ebay:p

In my experience the trips that always start huge, end up shrinking:rolleyes: , someone always cancels on me, so we go by ourselves and have a good time.

Tiggerlover91
06-26-2004, 01:01 AM
Shellie,

Check your PMs :D

fam4jc
06-26-2004, 03:13 PM
Denise - :p sent you a pm

Tiggerlover91
06-27-2004, 07:20 AM
Shellie :wave:

Check you PMs

*Flower*
06-27-2004, 05:30 PM
I do the same thing as Gail.........

Every paycheck that comes into the account, I deduct money and it's considered the 'vacation fund'.

For my last major vacation (Dec 19 - Jan 4) I had from Sept. of 02 to save. It was major because we were paying for most of it (my DB and his family came out for their first WDW trip). I asked them to pay for half of the room charge for the nights that they were staying. There were 4 in their group, and the two of us. (Of course I JUST figured out that they were there for 11 nights, and we only asked them to pay half for 10. Oh well.....)

ANYWAY, I started saving in September, and for the 16 months that I was saving- I saved about $13,000.00. I guess you could say that I went a bit overboard. :teeth:

I've found that it's such an efficient way to save for trips, that I do it whether or not we have one planned!!!

Good luck, and have a wonderful anniversary........

fam4jc
06-27-2004, 05:35 PM
Flower - WOW:earseek: That's an unbelievable accomplishment! You and Gail are right, a little at a time isn't missed. It just depends upon how much "little" your budget can handle:hyper: I see from your counter you are going to NYC. Have a great trip. I've never been there, but is is definately on my list of "must dos".

I'm going to count up my change bank and figure up my ebay winnings and I'll post my first balance!

Shellie <><

*Flower*
06-27-2004, 06:44 PM
I worked hard to do that........

I saved all of our change, $1 bills, any rebates, coupon money that got deducted from our grocery bill was thrown into the jug too. And we shop Costco for deals!!

I also bank all of my survey money, and internet points (like MyPoints) for GCs.

I shop eBay for Restaurant.com GCs (we went out to brunch this morning, and after the GC was deducted, we owed a grand total of $2.45 for 2 breafast buffets and drinks).

Every payday, I'd deduct money from the paycheck, too!!
And we have an automatic savings deduction also.

My hardest task was convincing DH that he didn't have to buy every electronic gadget in the world. We saved more by NOT spending.

Our NYC vacation is a holiday weekend trip- arrive Friday and leave on Monday- but I got a Super hotel rate, and picked up a couple of Restaurant.com GCs for meals, too! Our one splurge meal will be Shula's on Sunday night, but we'll be splitting the entree........ their steaks are HUGE!! And I used my Delta Skymiles for my ticket. So it can be done on a budget also......

nuzmom
06-27-2004, 06:53 PM
Wow, lots of great advice. I would just like to add a couple of things that I use to save for those "big" expenses (like WDW).

Let me first say that I quit work 2 years ago to raise our children (and homeschool). We LOST 2/3 of our income because of that. I can say that I've picked up a few tricks out of necessity and I can't believe how much money we used to WASTE!!!

First, I've been to every library around our town. Did you know you can borrow movies for FREE??? We very rarely rent a movie anymore and when we do we take advantage of specials and coupons (at Blockbuster's you can get a 2nd "old" movie when you rent a current movie early in the week). The best library around has a great stock of DVD's as well as videos. Wonderful way to rent movies you missed and kids movies. Watch out for returning movies late, but you usually get at least 1 week (one library gives us 3 weeks!!!) On our "libary day", I make sure to combine the trip with other errands to save on gas money.

Second, this works great for me, before you buy ANYTHING ask yourself "do I really need this or would I rather spend this $ on Disney?" That really cuts down on spur of the moment spending. I use this while I grocery shop, too.

Third, the "spend no money this week" idea sounds great. I do a variation of this with groceries. Have you REALLY looked at what's in the back of your cupboards? If they're like mine, there's food in there, just waiting to be fixed. Have a "clean out the cupboards" week and use the stuff in there!!!

Fourth, don't be afraid to try the cheaper variations on products. I can't believe what I used to spend on "Jone's of NY" skirts and blazers and such. NEVER again!!! I buy generic pop, skip "treats" until they're on sale, buy in bulk when cheaper, and make my clothes last and last. Do I really need another pair of shoes? I'd rather save for Disney.

Of course, I do the ebay thing at times and shop garage sales and second hand places. I ONLY buy items that I LOVE and NEED and I never want my kids to look like they have hand me downs on, but you won't believe what you find at garage sales that have never even been worn!!!!

Lastly, I find that I won't spend money if I don't shop (duh)!!!! I have to stay away from the mall and certain areas of Walmart or I buy without thinking.

Hope this helps in some way. Good luck with your goal. Just think how great it will be when you make it (maybe even early)!!!!

vhoffman
06-27-2004, 09:01 PM
Staying away from the mall and WalMart really helps. I've found WalMart has the most expensive oil change in town. Its $15.88 for an oil change, which sounds cheap, but the wait is usually an hour or more. What do I do with that time? Wander around WalMart and find "bargains" I don't really need. So now I let dh take the cars in to WalMart. He usually goes in the morning before work. The wait isn't long and he doesn't have the time or desire to shop. Otherwise, I take the car to a Jiffy Lube. It seems like I'm paying more but I don't blow the savings shopping.

fam4jc
06-28-2004, 08:32 AM
I just opened an ING account with a referal from a dis poster! We both got a bonus! I opened it with $10 and they'll give me a bonus of $25! Then I can transfer funds from my checking account automatically into this account! It pays a higher rate than my regualr bank savings account and you have limited access to the funds. Online only (and by telephone) takes 5 days to get the money back out. I say it is the PERFECT account for vacation savings! Idon't have referals yet, not until they verify my account, etc. But when I do, I'll let you know!

fam4jc
06-28-2004, 08:33 AM
Oh Forgot - I counted my dis bank. I have $43 in bills and $45 in quarters. I didn't count the pennies, dimes and nickles! yippeeee! I'll roll this up and deposit it, then transfer it to my ING account!! Then I can't touch it.

vhoffman
06-28-2004, 06:00 PM
Have you considered switching phone companies? We are in the process of switching from MCI to Vonage. MCI had a program of unlimited local and long distance calls (plus all the add-ons, such as call waiting, caller ID, etc) for $49 per month. However, our bill was always around $80. The difference was the taxes. Vonage is a VOIP plan (voice over internet provider). The calls go through your computer, not your phone. Since computer data isn't taxed, no taxes. Vonage's plan is $29 per month, local and long distance, plus all the extras like caller ID, etc. It doesn't affect your computer in any way, that is, you can use your computer and phone at the same time. I figure it will save us about $50 per month, which comes to $600 a year. What to do with all that money? It will probably just go for something else unless stashed away somewhere. I found the perfect place to stash my savings is my INGDirect account. There's no fees, no minimum balance, no minimum transaction amounts, and no limit to the number of transactions per month. I've made deposits as small as one dollar! Unlike CDs, you can get your money out any time. As I try to slice my budget, I take the amount we've saved and deposit that to INGDirect every month so its not frittered away. If you have any questions about how to set up an account, just send me a pm. Good luck!:idea: :idea: :idea: :idea: :idea: