5 Tips to Avoid Overspending on Holiday

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Everyone needs some time out once in a while, whether it’s relaxing on a distant beach or embracing adventure on a road trip. The last thing you want to worry about on holiday is money, so here are some tips to help you prepare for a holiday that won’t break the bank.

6-Ways-to-Save-Money-on-Your-Vacation

Set a budget

If you set a budget before you go, you’re not going to spend more than you can afford. It’s a good idea to sit down and work out how much money you will need for transport and food (unless these are included in your holiday package), before giving yourself a reasonable amount for attractions such as guided tours. Finally, allow yourself some “pocket money” to spend on whatever you like –it’s up to you whether you blow it all on one souvenir or spend a little every day.

Book as much as you can in advance

This is especially helpful if you are going on a city break, as you can save a lot of time and money by booking museums and galleries in advance. Online rates are usually cheaper than buying tickets on the door, and you’ll also be able to jump the queues. It also might be worth checking with your holiday company about how much is included in the price of your holiday, as your itinerary may include entry to the famous tourist attractions.

Make friends with a local

Approaching strangers isn’t particularly British, but if you know someone in the area you’re guaranteed to save money. Locals know where to find the cheapest and best places to eat, and can also give you some tips about free attractions in the area. If you’re not the sort of person who can easily strike up a conversation in a bar, perhaps you can get to know the owners of your hotel or B&B.

Use cash wherever you can

While it’s good to have a credit card just in case, don’t be tempted to use it for everything. Avoid being faced with a giant credit card bill by paying for everything with cash, which you can keep locked in your hotel safe and only take out what you need each day. You can also get more for your money by searching online for the best exchange rates and ordering currency in advance.

Don’t leave room in your suitcase

If that designer handbag or handcrafted fruit bowl won’t fit in your suitcase, you’re less likely to overspend. If you’re on holiday with your partner you could also share a suitcase, which will not only eliminate buying souvenirs but will also save money on extra luggage costs.

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