This year, many of us planned to go on vacations. It is important because it gives the much-needed rest away from the daily hustle and bustle to make a living. If you are like most people, you probably saved up before going on holiday and then get broke right after. This is not the way to go as you will end up in debt. Here are 4 simple ways to control your spending when you go on vacations;
1. Have a budget and stick to it
This is the first and most important thing step when you plan a vacation. You should come up with a comprehensive budget that covers every little detail and remember to set funds asides for contingencies. Think of the possible extra expenses like tips, extra baggage fees, transport expenses and so much more. Just ensure you don’t get caught off guard. Also, set money asides for some of the things you want to spoil yourself with but most importantly, stick to your budget and make it realistic.
2. Book in advance and get deals
Note that you book for stuff in advance. It is better to travel at a period that isn’t so busy, because things would be relatively cheaper. Take time out to review travel websites in advance and ensure that when selecting deals, your read the fine print – you don’t want money surprises. Also make budget ahead for tourist guides so you enjoy the trip.
3. Minimise your feeding and accommodation budget
Wherever you travel to, you cannot avoid eating or sleeping. However, you can avoid paying a fortune for it. On feeding, dine in as much as you can. If you do need to eat out, ask the locals for their everyday restaurants and skip the super expensive ones. Also, you need to seek out ways to cut your accommodation cost. If you can share rooms and be careful with value added services.
4. Go local
There’s no such thing as travelling without shopping, and unfortunately, that is one of the ways people go overboard. Stick to your shopping budget and no impulse buying. Ask the locals for where they shop. Remember to factor in your safety, however, when shopping for food as well, buy your items from local stores and markets. Think carefully about exactly what you want to buy before you buy it. It also helps to move around with cash as oppose using a debit or credit card.