Now the clocks have gone ahead and we are well in the spring, our thoughts may well be going to escape a bit of sunshine instead of having to endure another disappointing British summer!
Despite recent security threats and reports on long-term damage to the environment, the desire to move away from everything is stronger than ever with us taking an average of 1.6 days a year. Not only how often do we go, which puts us under increasing financial pressure, but also the growing trend to take “dream vacation” calls every year.
Halifax According to one survey, 20% of respondents said they are likely to make a dream trip for no particular reason, more than half willing to spend between £ 1000 and £ 5000 per person for the holidays.
It is then clear that these days of Halcyon sun, sea and sand are priced beyond the widely discussed cost to the environment. Annual holidays are almost given more and more of us spending large sums of money on sumptuous overseas trips just to “follow the Joneses”. Two or even three vacations a year in Europe and the Caribbean are now considered standard with £ 74bn spent on vacation and spending money in 2006, according to Axa.
The pressure to spend more on vacation is intense and nowadays people think nothing to make paying a holiday in the United States or Australia to a credit card. The problem begins when the party is over and a credit card feared bills start landing on the carpet! Only then, some people realize that they have gone beyond their means and “hangover” begins to put in
Tips for Avoiding Hangovers:
O Define a Limit – Think about how much you can reasonably decide before you decide where you are going and, more importantly, where the money will come from. Stick to this budget!
Or start saving – Put some money aside each month before the holidays – do not forget that most holiday packages companies charge the balance due 12 weeks before departure. Try to save the most distance and deposit the funds into a separate bank account to avoid the temptation to spend.
O Start shopping early – Buy the essentials of holiday little and often. Take advantage of special offers and avoid the holiday period. Holiday essentials are the high season holiday often cheaper, so start shopping then for next year.
Or use offers – When booking a vacation, enjoy incentives to book in advance or bag a bargain by booking a package later. Pay attention to free places for children and remember to get quotes from several different sources to see if you can haggle the price down.
Or use credit wisely – If you use your credit card on vacation, be sure to start making payments on it when you return. If possible, use your debit card for transactions (but remember that they are also subject to additional fees) – Avoid cash advances on credit cards at all costs because interest rates are generally Very high.
Or Daily Budget – Develop a budget of likely daily expenses and try to stick to it while you are away. Do not be tempted to blow up the budget and put the meals on a credit card.