How to Start a Travel Fund with Frost Bank

Disclaimer: This post was sponsored by Frost Bank but all opinions are my own. Thank you for supporting brands who support Breakfast at Lilly’s. 

Traveling is a huge passion of mine but you’ve gotta have funds to make traveling the globe happen because it can surely be pricey. That’s where implementing a travel fund can be helpful so today I’m sharing 3 tips on how to start a travel fund so that you can travel the world with ease.

How to Start a Travel Fund

Open an account specifically dedicated to traveling

As I mentioned before, traveling is not cheap so if you don’t have an account specifically dedicated to funding your travels then you probably won’t ever save up for it. I recently opened up an account with Frost Bank so that I could set aside some money for my upcoming travels. Sure, I could have used my current bank but I wanted to see what other options were out there. I set up everything online in the course of just a few minutes. This was extremely important to me because as busy millennials we don’t always have time to head to the physical bank location when we want to open a new account. The process of opening up my checking account was extremely user-friendly and secure. They asked questions to help identify who I was and make sure that someone wasn’t trying to set up an account in my name that wasn’t me. Having that additional security is important to me because I don’t want to run into any issues with my account being compromised.

A few days after setting up my account online I received a call from one of the Frost employees who wanted to ensure that everything was going smoothly with my newly opened account. I was pretty floored by this display because not many companies follow up like that after the initial transaction. Their customer service is some of the best I have ever received from a banking institution.

Add an allotted amount into your fund each paycheck

Frost makes it easy to deposit money on the go so once you receive your paychecks, you can easily transfer money to your travel fund with the click of a button on either your computer or via their mobile application. If you just set aside $50 per paycheck and you receive 26 paychecks per year, that will add up to 1,300 dollars just for travel. Of course, you can always deposit more depending on what you feel comfortable with but $50 is a good starting point.

Contribute any extra fun money to your travel account

Whenever I have any loose change lying around, I plan to put it all in my travel account to beef it up even more. You’d be surprised how many loose dollars and coins you’re missing out on that are just sitting around your house that could easily be added to your account just by a quick trip to the bank.

Your Turn:

Did you start a travel fund yet? If not, what’s holding you back? Please feel free to let me know down in the comments.