Planning a Holiday Trip? The Tips That’ll Make Your Holiday Money Go Further
When you are going for a holiday, you don’t want it to end with stress on how much money you spent. You want to have a good time, but you still need to keep in mind the realities of your budget. So, how to make your holiday money go just a bit further? Here are the tips to help you out.
Start with a plan
Although it’s possible to find last minute deals that save you lots of money, booking in advance is usually the smartest thing to do. If you pick the flights, hotels and attraction tickets early, you can save a lot of money and have a stress-free holiday since things are sorted out early enough. For example, booking tickets to Disney theme parks tends to be at its cheapest when you are booking an early bird offer.
Aside from planning and booking your essentials early, you should also travel with a budget in mind. Having a budget doesn’t mean you are trying to travel on a shoestring budget – it just ensures you know what you can spend, and you allocate and prioritize the holiday money more sensibly. Travelex has conducted a survey, which showed how almost 40% of people regretted making an impulse purchase on a holiday. So, start your planning with a budget.
You shouldn’t be too rigid when it comes to picking your holiday. An open mind is an important part of having a good holiday and flexibility could help you save money as well. First, be flexible in terms of where you want to go. Look at different options before picking your destination and create pros and cons lists to find the perfect match. When booking your flights and accommodation, consider options like flying a bit further and renting a car or skipping direct flights. You should also keep in mind that booking accommodation through house swaps and such can be cheaper than staying at a hotel.
Do your research
Research is essential for two things. First, prices tend to change quickly and you don’t want to be affected by these massive fluctuations too much. The second reason for research is how it helps understand the price ranges in your destination. Essentially, you might end up spending a lot more money in a popular tourist destination in Mexico than you would if you picked a less obvious resort.
How to do research? You should look at money exchange websites to see what countries currently offer the best exchange rates. Read travel blogs for insider tips on your chosen destination and tips for saving when holidaying in the location. Keep an eye on price comparison sites and holiday portals for extra savings and tips.
Stick to a healthy diet
When you’re on a holiday, you’re often tempted to feel like you should eat and drink like a king or queen. But do you really want to spend a fortune on food and come back home weighing a lot more? There’s no need to eat dessert twenty times a day – even if you are on a holiday. Instead, stick to your healthy diet and eat a good breakfast, a light lunch and a fantastic dinner. If you can, prepare your own lunch and breakfast, and eat out only once a day.
Furthermore, many restaurants offer ‘happy hour’ or ‘early bird’ specials around the world. These are a great way to save money with your food and drinks bill, so keep your eyes open!
Avoid dynamic currency conversion
Your hotel or a retailer might suggest you pay in your own currency instead of the local currency. You might think this sounds like a great deal. Unfortunately it isn’t. The dynamic currency conversion, as it is known, will be a trick to make you pay more not less. So, don’t say ‘yes’ to the suggestion, but insist you’ll pay in the local currency.
Save on your currency
Flights and the accommodation are often the most expensive parts of travelling. After these spending traps, the currency exchanges set your budget off charts. Therefore, you want to utilise the little tricks that help you save on your currency. First, it’s beneficial to look around and see what currency rates are the best for you and pick your destination based on those. You should consider using Travelex vouchers and place the order for holiday money online. It will help you find the right rate and you can simply pick up the money before the holiday.
Never exchange at the airport
No matter where and how you get your holiday money, one golden rule is worth keeping in mind: never exchange currency at the airport. You can save hundreds by skipping this tempting option, as the airport exchange rates tend to be always in the favor of the company and not you. So, either pre-order your travel money online or opt to use an overseas spending card.
The above tips will help your holiday money go just a bit further. You’ll be able to enjoy your holiday to the maximum, without feeling the guilt back at home for overspending.