Financial expert says planning ahead is key to keeping vacation within budget

Financial expert says planning ahead is key to keeping vacation within budget

On the fifth floor, The Jackson's met their financial planner because they are saving for a vacation.

"I think in life, that's the most important thing, is creating memories," said TJ Jackson.

The family just made one very special memory during a trip to Pennsylvania to celebrate an uncle's 100th birthday.

The Pittsburgh Pirates honored him for 81 years of ushering for the major league baseball team.

"Anytime we go make memories with our kids, it's something we love to do," said Mamie Jackson.

It's why financial advisor Rob Randels says you have to plan.

"Where is it where we want to go, what do we want to do, and are we able to do it within the budget that we have," said Randels, who works for Northwestern Mutual.

He says, first you need to save some cash.

"For some people, the tax return is a good source of income to be able to use that for an up-coming vacation," said Randels, who also recommends his clients to look for deals on hotel stays and travel.

The Jackson's say they used airline points that were built up on their credit card.

They've also taken advantage of free activities in the area.

"It's not about the amount of money you spend on vacation, it's the quality time you have together," said Randels.

The Jackson's say they have their eye on a soccer tournament in Colorado and plan to make more memories there.

"If you plan for it and budget for it, I think it is one of the most important things you can do as a family," said TJ Jackson.

close video ad
Unmutetoggle ad audio on off