One thing you don’t need on holiday is the excess baggage of additional costs
It’s that time of year when many of us plan a summer vacation, and the early bird definitely gets the worm when it comes to enjoying value for money. Try these six steps to add experiences rather than expense to your next trip.
- Book in advance – booking ahead can be a great way to secure discounts on flights, accommodation and add-ons like car rentals. If you can be flexible with travel dates, chances are you’ll get an even better deal.
- Be savvy about your credit card – your card can provide a source of funds to pay for advance bookings. Most cards offer around 55 interest free days, meaning you have nearly two months to pay off the trip before interest charges apply.
- Tap into freebies – check if your credit card offers free travel insurance – a perk that could see you save money on essential protection.
- Track the currency – if you’re travelling overseas it pays to start watching how the Aussie dollar is tracking against the currency of your destination. Stock up on local currency on days when the Aussie dollar is strong.
- Skip international transaction fees – if you plan to use a credit card overseas you could face international transaction fees that can add an extra 3.5% to the cost of purchases. Only a handful of cards have done away with this type of fee altogether.
- Budget for spending – around 74% of Australian travellers fail to set a holiday spending budget yet it’s a simple way to avoid overspending. If you’re concerned about racking up high interest debt on vacation, consider using a personal loan to pay for the trip. The fixed rate and repayments will cap the interest cost, and the loan balance provides a handy overall spending figure to work within.
Are you a travel veteran or a newbie backpacker? Do you have any luggage packing tips to share? If you do please share them in the comments below!
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