VacationTime! Saving for your next great adventure. (Canceled)
VacationTime! Saving for your next great adventure. (Canceled)
An App that helps you save for your next vacation by rounding up your purchases to the next dollar and putting that into your account.
An App that helps you save for your next vacation by rounding up your purchases to the next dollar and putting that into your account. Read more
Who doesn't LOVE VACATIONS?
Everyone "saves" for vacations but sometimes life gets in the way. How many times have we had to pull money from our vacation fund to pay for that unexpected car repair, dental/medical bill, college tuition, etc., leaving us disappointed that we have to delay our vacation. We are all too familiar with this scenario.
But everyone deserves -and needs- to go on a great vacation! Even if that means just a weekend away from the constant demands of life.
I realized two things after returning from vacationing in Europe with all the kids. First, how important vacations are for each and every one of us, and secondly, the amount it costs to just go on a family vacation. Of course we began saving for this trip a while ago and knew it was going to be expensive, but we had to pull it off some how to save our sanity. The initial outlay of funds was staggering; airfare, hotels, ground transportation, tours etc. Good thing we began planning early....
However, when we arrived, the costs were a little more than we anticipated. We thought we had saved enough to really enjoy our vacation without our bank account dictating our every decision. We did just what everyone else does, break out our credit cards! It turned out to be the best vacation we have ever taken and being able to share it with the entire family was priceless. After returning home -and reviewing our dwindled bank accounts and hefty credit card statements- we started brain storming. How can we save for more vacations? How do we offset the unexpected costs involved with travel? How do we put more money away in order to really enjoy our vacation? And then it came to us: let's make an app that automatically saves for our vacation to help offset the cost with some extra cash. Why stop there? We can even go one step further and share it with everyone!
Thus, the app was born. "Vacaytime!"
Here is how it will work:
Once you download the app and become a member by creating an account, you will be able to tie your debit card and/or credit cards to your account. Every time you make a purchase with any of your cards, the app will round up the purchase to the next dollar and put that money into your account. Imagine every time you use your debit card/credit card you are putting a little bit away for your vacation. It will add up fast.
Now, set a goal! Going to Spain in August? Your destination will appear as the background picture in the app to remind you of your trip and your account balance will appear to help you stay on track. That's it! Now, every time you swipe a card tied to your account, you save for your vacation! From your dashboard, you will see a countdown timer to remind you how close you are to going on vacation and see how much you have in your vacation fund. Many other functions will be available from the dashboard as well (i.e., travel tips, weather at your destination, available tours, where to sample the local cuisine, etc). There will be an administrative fee of $1.00/month to become a member, which helps us to administer your account and ensure accuracy.
August is finally here, and you begin packing for your trip to Spain. Imagine a week before you depart, you get a check in the mail or a direct deposit from Vacaytime with the amount you saved plus 5 -10% additional on top of that! Now, you have extra cash in your pocket to pay for items while you travel, or pay off some of those upfront costs before you leave. It's YOUR money, use it how ever you want.
Family trip? No problem. You will be able to tie multiple cards to your account to increase your savings. Doing this will increase your vacation funds dramatically.
Let's be realistic, though. You will not be able to pay for your entire vacation by utilizing Vacaytime. However, you will be able to offset some of your costs, or have some extra cash just before you depart. Not having to worry about paying for meals, tour tickets, and libations will ease some of your anxiety and help you enjoy your trip.
The longer you stay a member with us, the greater your return, and the more vacations you will be able to take.
By partnering with leading travel agencies, airlines and hotels etc, we will also be able to provide you with discounts on all your travel needs. This will not only take the hassle out of trying to figure out how to stretch your travel dollars, but also save you money before you even get to your destination.
We know life happens, therefore you can "Cash Out" at any time. Should you change your mind before your goal is met or need cash for something other than your vacation, simply press the "Cash Out" button. We will then send you a check for the balance in your account. By no means will this end your relationship with us, simply create another goal and start saving again! Of course you can cancel your membership anytime and will will send you the balance of your account.
We want to help everyone enjoy go on more vacations and enjoy your vacation without any worries. Not only will you be able to follow our progress here on KickStarter, but also, on Instagram and Facebook so you can see exactly where we are in the developmental process and get more information.
Find us on FB: @vacaydreamn and Instagram: #vacaytime
We have partnered with APPSTER to develop and implement the Vacaytime App. Once we kick off the campaign, begin designing and developing the program, we will send out updates to all those who have donated to keep you informed of our progress. Our goal is to launch by Dec 2017, then we can all start planning and saving for our next vacation!
It's time that all of us start taking more vacations. Help us, help you, go on your next great adventure!
Risks and challenges
Funding: Even though I am investing my own money toward development of the app, I do not have the capital it requires. Should funding fall short, I will not be able to meet the goal of a December launch date. But rest assured that Kickstarter will return your money should we not reach our funding goal.
Viability: I chose Kickstarter for two reasons. First, to fund the remaining amount needed to develop the app. And secondly, to measure if the app will be viable in the market. Although recent Google survey data shows a high level of interest that people will utilize our service, it could turn out that no one uses it at all. Kickstarter will also enable a second data source for level of interest in the app that will ensure viability.
Bugs in the App: This will be kept to a minimal by utilizing APPSTER to develop the app. We will keep them on retainer to fix any issues or bugs, and continue to update the software for the life of the app.Learn about accountability on Kickstarter
- (60 days)