4 ways to prepare for your summer holiday travels

By Allan Britnell, Editor-in-Chief, News Canada

(NC) For many of us, one of the highlights of summer is going on vacation with our family. Whether that means hopping on a plane to visit an exotic new location or a staycation close to your own backyard, here are some tips on planning the perfect holiday.

How to save money for your holiday
The first step in planning a holiday is ensuring you have enough money to go on one. Consider opening a dedicated savings account for your vacation and use a pre-authorized transfer service to automate your savings. For example, if your anticipated trip will cost $4,000 and you have a year to save, you should consider setting aside $330 per month. You can use a money management tool, such as TD’s MySpend, to keep track of your spending.