Money Girl

1028. Does the cost of a summer vacation mean you have to stay home this year? Rising prices for travel, gas, food, and lodging can make a family getaway feel out of reach. But with the right strategies, you can enjoy a memorable summer trip without overspending or going into debt.
In this episode, Laura shares practical ways to stretch your travel budget, from choosing affordable destinations closer to home to saving money on fuel, food, accommodations, and entertainment. Whether you're planning a road trip, a weekend getaway, or a staycation, you'll learn how to create meaningful family experiences while keeping costs under control.
Key Takeaways
Consider destinations closer to home to reduce transportation costs and maximize family time.
Save money on road trips with smart planning for fuel, meals, and routes.
Cut lodging expenses by traveling during shoulder season and choosing accommodations with kitchen access.
Find free or discounted activities that deliver fun without straining your budget.
Build an affordable vacation around destinations that offer both low-cost attractions and reasonably priced accommodations.

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Transcripts available at QuickandDirtyTips.com.
Email: Laura@LauraDAdams.com or leave a voicemail: (302) 364-0308.

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Do you know the difference between good and bad debt? Laura explains why it's a critical concept for saving money, building wealth, and creating more financial security. Plus, she covers a simple 7-step plan for paying off debt fast.

Encore Episode: This episode originally aired on Wednesday, March 6, 2024.

Money Girl is hosted by Laura Adams and is part of the Quick and Dirty Tips Network.

Hosted on Acast. See acast.com/privacy for more information.

1028. Laura answers a listener’s question about investing a lump sum or using a dollar-cost averaging (DCA) strategy. Find out what DCA is and its pros and cons whether you have a little or a lot to invest.

Key takeaways
Dollar-cost averaging (DCA) is a simple strategy where you invest a consistent amount at regular intervals.
DCA benefits include reducing market risk, needing smaller amounts of cash, and making investing less emotional.
DCA can also be a wise strategy when you have a large amount to invest, such as a cash windfall.
The main DCA downside is potential missed growth when the market is rising over time.
Making a lump sum investment can be wise when your finances are in good shape, don’t need to be systematic, have a high risk tolerance, and want to maximize returns.

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Transcripts available at QuickandDirtyTips.com.
Email: Laura@LauraDAdams.com or leave a voicemail: (302) 364-0308.

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749. If you’re worried about a recession or just want to strengthen your finances, Laura covers seven steps to take now to ease the impact of a future hardship.

Encore episode: This episode originally aired in November 2022.

Discover more from Money Girl!
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Transcripts available at QuickandDirtyTips.com.
Email: Laura@LauraDAdams.com or leave a voicemail: (302) 364-0308.
Hosted on Acast. See acast.com/privacy for more information.

Think you need to make monumental changes to achieve your financial goals? Think again. Money Girl has 8 micro money habits to help you take control of your finances, feel secure, and reach any realistic financial goal you desire.

Encore Episode: This episode originally aired in June of 2022.

Money Girl is hosted by Laura Adams. Find Money Girl on Facebook or subscribe to the newsletter for more personal finance tips. You can read the transcript here.

Visit www.quickanddirtytips.com for more.
Hosted on Acast. See acast.com/privacy for more information.