As rising summer vacation expenses impact family budgets, navigating the cost of travel has become increasingly difficult. Approximately 40% of people rely on credit cards to finance their trips, with half of those travelers unable to pay off the balance immediately. Representatives from Bergen Financial explain that creating a clear spending cap before booking is vital to avoiding long-term high-interest debt. While alternative digital financing options like installment plans continue to grow in popularity, experts emphasize that cash remains the safest method for vacation spending. Financial advisors recommend treated family finances like a business by reviewing seasonal costs together on a quarterly basis. Taking small amounts out of each paycheck can help fund major seasonal costs and prevent post-holiday stress. For families unable to afford major flights or luxury hotels right now, local alternatives offer substantial entertainment value without breaking the bank. Local staycations at town water parks, short road trips up north, or simple hiking day trips help families unplug from work and electronics while keeping gas and lodging expenses manageable. Beyond vacation tips, long-term financial stability involves active tax planning, maximizing retirement income streams, and structuring structured household savings. Financial Advisor Darcy Bergen, the president of Bergen Financial Group, joins FOX 10 Talks to talk all things finance, saving and managing money.