Tips For Saving Money On Vacations
Our vacations are what get us through the year.
Most of us trudge through our daily life going to work, sitting in traffic, and doing all those little mundane tasks while secretly looking forward to those times when we can get away from it all. That being said, it can also be stressful because of the big price tag that usually comes with getting away from it all. If you want to make your next holiday more enjoyable then think of ways to cut some of the financial burden and still have a fabulous time.
Saving Money On Vacations
Travel – If you are flying to your holiday destination, try to find ways to make the flight cheaper. It may be less costly to fly at different times of the week or to fly into a smaller airport. If you have frequent flyer miles, figure out how you can use them to their fullest advantage when booking your flight. Also, once you arrive at your destination, consider using public transportation to get from place to place instead of paying the steep price to rent a car while you are there. If you must rent a car, plan your activities so you only need it for one or two days at at time instead of paying for it just to leave it sit in a parking lot on the days you will not travel far.
Accommodations – We all want to stay in a five star hotel, but it is not always necessary and is very expensive. If you are not going to do much more there than sleep, why not try a lower level hotel that has great reviews? If you have family or friends who live in the area, perhaps you could stay with them which is a great way to save money and reconnect with your loved ones.
Dining - Eating while you are on holiday is a big part of the budget. If you are staying somewhere that has a kitchenette, you could eat at least one meal there which saves on cash and calories. It is easy enough to stock your room with cereal, milk, and fruit or whatever else is simple to prepare in the morning. Also, try to eat a big, but usually less expensive lunch and something lighter for dinner. You can still enjoy the local flavors without having to spend a fortune.
Leisure – If you will be visiting tourist sites, search online for discounted tickets before you leave home. Also, plan some true relaxation time into your trip. You do not need to spend the cash or have the stress of going every day. Instead take a day or two and just visit the local beach, hotel pool, or parks.
Saving money does not mean skipping holidays entirely. It simply means making smarter choices so that those trips are both affordable and relaxing. The less of your budget you have to spend, the more you will be able to relax knowing that you are not going into debt to do it.
Top High Interest Savings Accounts
All of these accounts are FREE to open and require no minimum deposit. They all have easy internet banking access with no transaction fees.
| Savings Account | Account Details | Maximum Variable Rate p.a. | Standard Variable Rate p.a. | Bonus Interest p.a. | Fees | Min Balance/Min Deposit | |
|---|---|---|---|---|---|---|---|
![]() RaboDirect High Interest Savings Account | Limited time offer. Enjoy a leading rate on your savings. | 5.60% | 4.85% | 0.75% | $0 | $0 / $0 |
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![]() UBank USaver | High ongoing rate plus if you deposit $200 monthly you receive a bonus 0.60% p.a, taking this up to an even higher rate. Open online. | 5.51% | 4.91% | 0.60% | $0 | $0 / $0 |
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![]() HSBC Serious Saver | Enjoy an introductory variable rate for 4 months for balances up to $1,000,000. Limited time only! | 5.55% | 4.25% | 1.30% | $0 | $0 / $0 |
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