Given the chance, we would choose to be on holiday all year round, forgetting the world of work and creating magical memories.
Practically, however, that might not be so easy – the average UK adult overspends on holidays by £220 each year according to the Daily Mail.
But whether you are heading for Bali or Bognor, you can celebrate your time without going above your budget. Below are some hacks to help you have a fulfilling adventure without denting your finances.
Create a Holiday Budget
When it comes to money, a budget is what guides you. Use your household budget as a template to help you design your travel budget.
Take into consideration all things including accommodation, transportation, food, activities and other things you want during your trip.
To know the price of each item on your bucket list, you need to conduct thorough research on your holiday destination. This way, you will avoid unpleasant surprises.
Take Advantage of Discounts
We all know discounts are great, but you can’t benefit from one if you are in the wrong place. To get the best deals, you need to look for and work with businesses that give discounts, offers and promotions during your trip.
Embracing the local culture not only helps you learn a lot but it can also save you a lot of expenses. Instead of sitting in the big expensive restaurants, there are many local alternatives where you can find delicious, authentic cuisine.
When you want to get around, renting a car comes with hidden costs ranging from fuel to parking. To save, try out the local public transport system and you will learn more about the culture and discover new places in the process.
Remember Small Costs Add Up
During your holiday, always keep in mind that the small things you spend on can come back to haunt you. To minimise such expenses, you need to pack smartly before leaving home to avoid having to buy things at your destination. Also, use cash only to avoid overspending which is common when one uses credit cards.
We all want to have fun while touring our dream destinations. Still, we don’t want to be drowning in debt when we come back home. To be on the safe side, create a budget, keeping track of your money, spend it wisely, and look for the best deals before making a decision. With this approach, you are set to have amazing memories with no regrets.