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You are here: Home / Words of Wisdom / Paying for Your Dream Holiday While Avoiding a Financial Nightmare

Paying for Your Dream Holiday While Avoiding a Financial Nightmare

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Maldives. Image Source: Pixabay

We all need a holiday every now and then, but when it comes to booking flights, accommodation and activities, those plans can sometimes seem a world away. Going on holiday is expensive, but it is one of those luxuries that is becoming more and more essential.

In the always-on world that we live in, having time to switch off is vital. The good news is that there are realistic ways for you to save money and cut costs that could ultimately turn your dream holiday into a reality, without leaving you in financial ruin.

Get off the beaten track

It is completely understandable that you may want to visit tourist-hotspots like Bali or Paris, but have you ever considered that you might get a similar or better experience somewhere else for a fraction of the cost?

Heading to slightly more obscure locations can save you a lot of money on accommodation, let you avoid hordes of tourists and allow you to explore a part of the world that you may not have thought about before. Even if you stick with your original destination, staying a bit further out from the center can result in major savings.

Look beyond the major chains

The internet has made it much easier for travelers to compare prices and it is vital that you do this when on holiday. First, let us look at accommodation. Instead of simply looking at hotel rates, why not consider staying in an Airbnb? They often have lower prices, are in great areas and let you experience how the locals live.

Similarly, you can use online resources to compare reviews of various food outlets to ensure that you get the best value. The most expensive places are not always the best, so remember to comparison shop for your holiday, just as you would with any other purchase.

Alternative payment options

Sometimes it is not so much the overall cost of the holiday that proves prohibitive, but the fact that the flights and accommodation are coming out of your bank account all at once. If that is the case then a credit card could allow you to book your holiday and then pay it off over the course of the year.

Credit card IPP gives you unparalleled flexibility when it comes to paying for your purchases, so you can sort out your travel expenses in monthly installments.

Be sensible with your sightseeing

One of the main reasons that many people go on holiday is to visit world-famous attractions, but the cost of sightseeing can often vary massively.

If there is an organized tour, investigate whether it provides value for money or whether you would be better off going solo. Alternatively, check online to see if there are any free walking tours being offered in your travel destination. Often the guides will asks for a voluntary donation at the end, but this still works out much cheaper than a professional tour.

Try not to get too daunted at the price of going away this year. With some sensible saving and the above tips, you can experience a luxury holiday at budget prices.

Filed Under: Words of Wisdom

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