Make an annual money allocation for your family’s vacations. This will help you and your family members realise the importance of travel to your overall financial plan. While you are making a financial plan for your family’s vacation, always consider the age group of all the members who are travelling with you. If you have senior citizens and children coming on the same vacation, set some money aside in your travel budget accordingly, so that both of them can engage in activities of their interest.
Source: ET Wealth, July 14-20, 2025, Uma Shashikant

