Long days, warm weather and plenty of sunshine — yes, it’s that time of year again. And as we enter mid-summer, you’ve likely thought about (if not booked) your annual holiday.
While you might think that opportunities for saving end after you’ve booked your flights and accommodation, but they don’t. In fact, you can limit spending throughout your trip.
To find out how just follow our top three tips.
1. Plan, Plan, Plan
What’s the best way to stick to your budget? It’s simple: plan, plan and plan some more – do it until you’re certain that you’ve covered all potential costs while you’re away. And by this, we mean all outgoings, from public transport to days out.
It’s also crucial to take unexpected costs into account, too. What if you get stranded after a trip out somewhere and need to pay for transport back, for example? Or maybe you’ll need to cover unexpected hospital fees while you’re out there? Perhaps you’ll simply decide to enjoy a spontaneous day out.
Whether you hit surprise costs or not, it’s always crucial to plan holiday spending in advance. That way, you can all enjoy your holiday to the full, free from the worry of shock costs.
2. Only Pay By Card When You Absolutely Need To
Though credit cards can be handy, it’s all too easy to overspend on them. And when we’re abroad, we face the threat of extra charges on ATM and card machine transactions. You should see the ATM costs in Las Vegas!
Also, as in the UK, some retailers abroad don’t accept certain creditors. Independent stores and merchants tend to refuse American Express, for example, so you don’t want to be left in the lurch when you need to buy some essentials.
For these reasons, if you are headed somewhere rural, you may want to use cash, as opposed to your card. This could also help you to budget better as you can physically see and track what you are spending.
3. Make The Most Of Free Attractions
Who said that expensive holidays and activities are the best?
Plan in some free walking tours at your chosen destination and you and your family will be able to learn about the local region for no cost whatsoever. You and the kids can enjoy a leisurely stroll as you engage with the history and culture of your destination – all while staying within your budget.
Better still, you’ll likely visit both popular and off-the-track places, as guides tend to be local and know the best places to visit. You can find reputable tour companies either online, before your holiday, or as recommended by your hotel once you’ve arrived.
It’s one of the easiest and most fun ways to save money during your summer holiday.
It’s easy to stick to a holiday budget, you just need to do your research and plan your spending in advance.