Whether you’re planning a ski trip in Vail, partying with MTV in Cancun or volunteering at an orphanage in South America, Spring Break is that blissful week in March when memories are made. While Spring Break may seem far off, and you’re just trying to survive finals, two words of advice can mean the difference between spending your break dog-sitting or letting loose at Daytona Beach — plan ahead.

By planning your trip early, you’ll be able to find the best airfares and hotel deals. March is infamous for Spring Break, and tourist companies nationwide bump their prices up for student travelers. So, resist your urge to procrastinate and start thinking about Spring Break now.

Unless you’re the Olsen twins, the number-one question looming in your mind is most likely, “How am I going to pay for this?” When Mom and Pop run dry and your sole hope of having enough cash to pay for Spring Break is based on your tax refund, it’s time to take matters into your own hands. The first step in saving is to create a budget spreadsheet.

Write down your income (paychecks, scholarship kickbacks, allowance, etc.) in one column and write down your expenses (food, rent, books, etc.) in another column. Then start slashing unnecessary spending. Rent movies instead of going to the theaters or limit yourself to one latte a week. Other helpful tips for saving include: (more…)