What are the ways people currently budget for vacations?
Personally the way I do it now is I actually have a separate checking account that is used _specifically_ for vacations, _end of list_. Every time i do a consulting gig, I break it down the money like this:
33% - into business checking account for taxes
the remaining 66% is broken down to:
25% - another business checking account for expenses 25% - into a personal savings account 25% - into the vacation checking account 25% - to paying off debt (CC, mortgage, whatever)