December 18, 2017

5 Tips for Sticking to Your Holiday Budget

The thrill and excitement of visiting a new country and experiencing new cultures and environments is priceless. An overseas trip is generally not cheap although there are travel agencies and websites that offer travel packages that will fit most budgets. Cheap holiday destinations include India, Bolivia, Cambodia and Bulgaria. How to stick to your holiday budget can be difficult as travelling to a foreign country can force you to spend more than what you intended.

Some international travellers lose money by rushing. Use a currency converter app available on your phone.

When you go overseas, the airfare costs serious money and the length of the flight may make you consider extending your visit. However, last year’s travel promos may not be so affordable this year, so, planning is very important if you want to avoid unnecessary expenses and grab every opportunity that can help you save money.

It’s all about timing

Timing is the most important thing to consider. Plan your holidays for an off-peak times for big savings. Travelling midweek is cheaper than weekends and it is more pleasant because airports are not so busy. Early holiday bookings also save money because most people are not yet on holiday. You can visit and compare travel websites for promos, and choose the best deal for your budget.

Cards with incentives

You can enjoy travel rewards from your credit card company such as free flights or flight upgrades. These incentives can definitely save you money especially when you pay for your travel with your Gold, Diamond or Platinum card.

Watch foreign exchange rates

Save money on your travel by taking advantage of the best exchange rate. Some international travellers lose money by rushing. Use a currency converter app available on your phone.

Research your trip in advance

Do your research before travelling. Learn about your destination in advance to identify savings avenues and set expectations. This can help you put your budget in place. Watch out for travel promos. Travel websites and forums provide tips on getting the best travel deals.

Get travel insurance

You need travel insurance if you’re going overseas. This will cover you for risks that come with travelling such as loss of luggage, delays, injuries, and even death.

Do you have other ideas on cheap holidays and how to stick to your holiday budget? Share your tips in the comments section.

About the author  ⁄ Marxa Dillan

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