Set up a separate vacation savings account and automate weekly or bi-monthly transfers of a fixed amount or percentage of income. Small regular deposits add up without straining your business cash flow, making time off actually affordable.
How can I save for a much-needed vacation? Set up a vacation account. It's that simple. Set aside a small percentage or a flat dollar amount so that when you're moving money once a week or twice a month into your different accounts, you're putting aside a little bit into this vacation account. And as we put away a small amount, the small amount isn't going to change the way we run our business. It's not going to drastically affect us. And over time, that balance will get high enough where you're going to be like, I see how I can afford to take a vacation now.
