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08th Jul 2012

Five Ways of Saving Your Money on Holidays

Just because you're on holidays doesn't mean you have to spend all of your life savings. Find out how to save your money when you're away.

Rebecca McKnight

There is nothing worse than booking a cheap holiday to find out that you will spend the amount of money you saved booking the holiday, while you are away.

To avoid this follow the five-step guide to saving money while on holiday. We will be certainly using it during our next excursion.

1. Budget

Before you even leave home soil, plan your spending with a daily and weekly budget. Be realistic and factor in money for souvenirs and gifts as well as food because you know you will see something that you just have to have. Stick to your budget as best as possible but bring a little extra in case of emergencies.  

2. Plan

Book activities you want to do while you are away in advance such as day trips and transportation. It can be worthwhile searching the web for prices on theme and water parks before you leave home as online prices tend to be discounted. Also, you will avoid the temptation of booking through your hotel who are really just looking to pocket a nice commission.

3. Shop

If you haven’t gone for an all-inclusive package holiday or bed and breakfast option, find the closest supermarket and buy some food. Bakery goods are fantastic for breakfast and lunches. Not only can you do anything with them but they are easy to carry around in a backpack for when you are on the move. If you buy in for lunch, then eat out for dinner without feeling guilty.

4. Search

The majority of popular tourist destinations will have meal deals aimed at holidaymakers so seek them out. ‘Three for Two’ and ‘Three Courses for €10’ offers are everywhere. While it might not be Michelin star quality, it is good food and more often than not it does the job. Just make sure the restaurant is clean and doesn’t have pictures of the food on billboards outside. We don’t care how good the deal sounds, it’s not worth it.

5. Compare

For things such as train tickets, find out whether you are better going for a one-off ticket or if there are weekly tickets. Read the small print so that you know exactly what you are buying and that it covers all your needs.

As you can see, going on holidays doesn’t have to cost an absolute bomb. You can save while you are away and it doesn’t take away from your fun. Let us know if you have any different tips on saving money.