With overseas and interstate travel now back on the cards, it seems like everybody is planning a getaway next year, but with the rising cost of living, how will anyone afford it?
We’ve come up with the best money saving hacks to bear in mind when you’re booking your next trip, so you can beat the financial burden on your wallet. Plus, we’ve included some ways to save while you’re away.
- Plan ahead
The key to any good budget is to plan ahead. You want to know exactly how much money you’ll need for everything. Flights, accommodation, tickets to attractions, entry fees, visa costs, passport renewal. Write a list of everything you think you’ll need and allocate a rough budget to each item. This will give you a better idea of how much to save, and will also help form an itinerary for each day of your trip.
- Shop around
Don’t settle for the first thing you find, and that applies to everything. Shop around when it comes to flights, accommodation and other big-ticket items. Create a spreadsheet or comparison document for your findings and carefully review the data before making a decision .You might also be able to find some great deals and discounts via price comparison websites.
- Less is more
You don’t want to get stung with any oversize baggage fees, so be careful to only pack what’s necessary. You won’t need your winter coat or two pairs of boots if you’re travelling to a country with a tropical climate. Make a list of everything you might need for the amount of time you will be away. Find out whether your accommodation has laundry facilities, and determine whether you’ll wash and re-wear your clothes.
- Live like a local
What better way to experience culture (and save a penny or two) than by taking public transport and living like a local. Don’t just hire a car because you think it’ll be a quicker and easier way of getting around. Some countries aren’t best travelled via car, and have far better modes of public transport than we do. Catching the bus or train when in a foreign country can be a great way to see the sights.
- Be prepared
Always (always) have a back-up plan. Keep some money aside for a rainy day or for any unexpected or out of the ordinary costs. Ensure your travel insurance covers you appropriately for any and ell eventualities, as you don’t want to be stuck overseas due to injury, illness, or loss of personal items. If you can, leave a copy of your itinerary and travel documents with a trusted family member or friend in case you need any assistance with your bookings or changing travel plans.
By following these tips, you’ll be able to beat the financial burden and make the most of your getaway. So, what are you waiting for? Start planning your next adventure today, and don’t let the rising cost of living hold you back.
If you need help with setting your budget or navigating the rising cost of living, speak to one of our experienced team members.