Heading off on holidays is one of life’s great joys but it can also be quite the drain on your hip pocket. It’s no secret that the moment we start travelling it doesn’t take long for the funds to start unravelling. Once we’re abroad, logic goes out the window and the wallet can seriously suffer.
In fact, a recent study by Choosi found that fifty percent of Australians surveyed admit they’re careless with cash when on holidays. So how can we enjoy our time away without breaking the bank?
Read on for some top travel tips that’ll keep you in budget.
Make a list of Must Do’s
They say if you fail to plan, you plan to fail and this is certainly the case when you’re on the road. By having an idea of what your itinerary might look like, you’re less likely to make impulsive (and expensive!) decisions.
Wherever you’re headed, jot down a few ‘must-do moments.’ It’s also a smart idea to book ahead as you may earn yourself a discount.
Set a Cash Limit Per City
This is a good tip especially for those travellers spending extended periods of time in a city. But it’s something you should consider even if budgeting for a weekend vacation.
If you’ve bunkered down in Berlin for a fortnight, figure out how much you’ll need for that two weeks. You can then work off a daily limit, which will help you be more wary of what is going on with your funds.
Plan the Presents
There’s something magical about being on holidays, a warm and fuzzy feeling that makes you want to shower your nearest and dearest with gifts galore. Try to ignore that feeling!
While it’s great to get a few presents for your close friends and family, don’t get swept up in the mood and buy for everyone you’ve ever met. Your boss won’t be bothered if they don’t get a snow globe from Stockholm.
Steer Clear of Souvenirs
Keyrings, novelty t-shirts and of course the dreaded fridge magnets. We all love a souvenir but let’s be realistic; the moment you arrive home they go into a drawer, never to be seen again.
In fact, 70% of Australians have admitted to buying items that they’ve never even used! Limit yourself to one souvenir per city.
Don’t Crumble to Kids
Little kids can cause big issues when it comes to holiday spending, so it’s important to set an example early if you want to keep your budget in check.
Try to avoid this by staying strong, no matter how many times they plead for presents. Try to explain how lucky they are to be on holidays and use the novelty of being away to distract them.
Learn to Bargain
Bargaining is the international language of thrifty travel and it can save you some serious cash if you know how to handle yourself.
Depending on where and when you’re holidaying, haggling is a sure fire way to stay on budget. Look for deals and discounts on accommodation, food, market wares and gifts.
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