Summer holidays and the credit card hangover.

We all deserve a break. But putting a £4,000 family holiday to Spain on a credit card and hoping to figure it out later is a recipe for marital stress in September.

Financial anxiety ruins holidays. You cannot relax on a sun lounger if you know you are actively getting poorer with every cocktail you order.

The Sinking Fund Strategy

This is where a 'sinking fund' comes in. A sinking fund is just a savings account with a specific job. If you know your family holidays cost £5,000 a year, you divide that by 12. That is roughly £416 a month.

You set up an automatic transfer for £416 into a dedicated 'Holiday Fund' account every payday. When summer rolls around, the money is sitting there waiting for you. You spend it completely guilt-free because the cash has already been accounted for. It transforms a holiday from a financial burden into a genuinely relaxing experience.