Set aside a separate savings account just for your vacation. By putting a little money into it throughout the year, you can accumulate a nice chunk of change.
Ted Rossman, an industry analyst at Bankrate, explains that you would need to set aside $38 a week over about a year and a half to come up with the nearly $2,000 average cost of a vacation.
"Call it 'Summer 2020 vacation,'" Rossman tells Bankrate. "Call it, 'Hawaii 2020.' Or wherever you want to go. That has a real psychological impact beyond account number 1234567."