Vacations Are Better When You Can Afford Them

This spring, I went on a short vacation to New York City. Springtime in Manhattan is a colorful contrast to its darker and more dreary winters; cherry blossom trees are in bloom and New Yorkers shed their winter coats for lighter and brighter jackets. As my friends and I filled ourselves with pizza and bagels, I realized that one of the best parts of my time was that I didn’t have to worry about how much I was spending.

Earlier this year, I decided to be smarter with my vacation spending. Instead of going on a vacation and counting the cost afterwards, I resolved to set a budget and save up for my vacation in advance. I created an “NYC” Envelope in Goodbudget and filled it with a portion of my paycheck each month. After several months of saving, my NYC Envelope was full and Goodbudget was ready to fly with me to New York!

I had never tracked my vacation spending before, and while there are multiple ways I could have done that, I knew I wanted to keep track of how much I spent in each budgeting category. So, I added my expenses in their usual Envelopes, and tagged each transaction #NYC. And because I’d be spending out of my regular Envelopes instead of the Goal Envelope I saved up in, I knew I’d also need to pay back my regular Envelopes when my vacation was over by transferring in the money I’d saved up in my Goal Envelope.

This method lets me track my expenses via my Envelopes, but also keep a running tally of how much I had spent overall during my trip. Every now and then, I would check the Spending by Envelope Report and filter by the #NYC tag to see how I was doing overall and make sure that I only spend the amount that I had saved.  The report showed me where my money was going and helped me to reflect on my experience.

Because I had already set aside enough to pay for my vacation, I didn’t have to worry about how much things cost while I was there. This allowed me to simply enjoy my time and make the most of it.

As a side benefit, seeing my reports in Goodbudget also taught me more about what I actually enjoyed. Though I expected to spend money on museums or tours, I was actually more excited about eating out with my friends and walking around the city.  This information will be helpful for planning my next vacation!

Subscribe to the Newsletter

Get the latest in budgeting content — straight into your inbox.

Thank you!

See you in your inbox.

Search for


Say hello to Goodbudget

  1. A strong philosophy.
    Transform your financial life with the Goodbudget Way.
  2. A time-tested system.
    Goodbudget is based on the envelope budgeting method.
  3. Great budget software.
    Available for the Web, Android, and iPhone. Get started with Goodbudget. Sign up now!

Get Help




4 thoughts on “Vacations Are Better When You Can Afford Them”

    • Hi Sacred Walker – Once you tag your transactions, you’ll be able to filter for them in your Spending by Envelope report. You can see how to tag transactions here. Thanks!

Leave a Comment