Frich Reveals: Summer Travel 🥵
Last week we partnered up with Zynlo Bank to cover the hottest topic of the summer - where is everyone traveling to? And, more importantly, how much is it costing them???
Would you go on a group trip with your friends, if you couldn't afford it?
July 4th weekend is now behind us but answer us truthfully - do you regret how much money you ended up spending?👀 Asking for a friend because... 60% of our Frich friends would go on a trip even if they couldn't afford to.
We do believe that experiences are worth the money, but you need to be honest with yourself on what you can afford. The good thing is that most of these friend trips happen at the same times each year so you can plan ahead! Personally? We think trips with friends is a very, very important savings goal.
How much are you spending on your summer trips with friends this year?
The average answer was $2.06K.
If your number is way above this (and it brings you anxiety just thinking about how you'll afford it), we genuinely recommend you to have a conversation with your friends on how you can manage the price of these group trips. Having fun doesn't need to be expensive - sometimes the more lowkey experiences can be way more memorable!! And trust us when we say this - there's at least one more friend in your friend group that's freaking out about the cost as well. You'll be their lifesaver 🫂
Do you save up throughout the year specifically for summer holidays?
You guys were perfectly 50/50 on this. For the ones who said yes - we applaud you!!! You are our inspiration. For the rest of you, we've got some words of wisdom.
We’ve said it once & we’ll say it again – money is here for us to enjoy BUT there are some smart steps you can take to make sure that your money brings you joy and not stress:
1️⃣ Plan ahead
2️⃣ Put some money aside each month
3️⃣ Put your money in the right places so it works for you
4️⃣ Stay ahead of your peers by choosing the best tool available
We've partnered up with Zynlo Bank to offer you the best tools to start your summer savings account. Sign up using this link for their free checking account* and saving account+ and here’s what you’ll get in return:
✅ 100% match1 on your round up for each purchase (unheard of!!)
✅ 5.00% APY on your savings+ (best savings account available in the industry!)
✅ 2.00% APY on your checking account* (25x better than the national average)
Need we say more? We didn’t think so... So don’t leave free money on the table & go off to enjoy your hot girl (& boy) summer!