Divorce can be an emotionally exhausting and financially draining process, but even in the midst of it all, it is important to take care of yourself. Taking a vacation during the most stressful times of a divorce can help you relax, reset, and re-energize for the rest of the battle.
However, any vacation can quickly become expensive. So, before you start planning your stress-relief getaway from Fort Worth, consider the financial implications.
While a mid-divorce vacation may seem like a financial impossibility, it’s still doable. Here are some practical tips to help you manage your finances when planning your next eat, pray, love experience.
Create a Vacation Budget and Stick to It
When planning any vacation, budgeting is key especially during a divorce.
Before booking any trip, create a travel budget and make sure you are realistic about what you can afford at this time.
Decide how much money you want to spend on flights, hotels, transportation, food, activities, and souvenirs, and then stick to that budget throughout your trip.
This will help ensure that you stay within your means while still having the opportunity to enjoy yourself during your getaway.
The Financial Implications After Divorce
One of the most important things to keep in mind when planning your mid-divorce vacation is the potential financial hurdles that coming down the line as a result of your fun in the sun.
Depending on the terms of your divorce agreement or settlement as well as other factors such as alimony payments or child support obligations, additional taxes may be due when filing each year’s taxes after your divorce is finalized. Make sure that you are aware of these possible tax implications so that they don’t catch you off guard at the end of the year and leave you regretting the money spent on your personal vacation.
Plan Ahead & Pay in Advance
Whenever possible try to pre-pay for all major expenses related to your vacation in advance. By doing this, not only will you save money by taking advantage of early bird discounts but also avoid running into unexpected expenses during your trip due to unforeseen circumstances.
Additionally, try to plan out all major aspects of your trip ahead of time as this will help reduce costs associated with last minute changes or cancellations should something unexpected pop up during the course of your divorce and vacation plans.
Savings Strategies for Vacation
Finally, look into ways to reduce the cost of your trip without sacrificing quality or experiences. If possible, try booking flights during off-peak hours or days of the week; these flights are usually cheaper than those booked at peak times like Friday afternoons or Sunday evenings.
You can also take advantage of incremental savings through loyalty programs offered by airlines and hotels or bundle discounts provided by travel websites such as Expedia or Kayak. With some creative thinking and careful planning, you can still enjoy an amazing vacation without breaking the bank!
Manage Your Divorce with Nilsson Legal Group
Divorce itself is no vacation and you’ll need an experienced Fort Worth divorce lawyer to help you navigate its murky waters. Our team at Nilsson Legal Group has the experience you need to help you get what you deserve from your divorce and more!
Contact us today to schedule your free consultation. From child support questions to complex property division, we’re here to help!