Bad Travel Habits That Really Make You Pay
If you’re a lover of travel, then you’re likely used to the feeling of money flying out your hand, wallet, and bank account. It’s not an inexpensive hobby, even for the most frugal of world wanderers. However, there are some common financial mistakes that could be making it all the more expensive for you. Here, we’re going to look at a few and how you change your ways, so you can enjoy your travels without worrying about the financial difficulty to come. Neglecting the travel fund If you travel often, you should have a travel fund. This means creating a budget that sets aside a sliver of your income every time you get paid. That way, when you feel like organizing a vacation, you already have a lot of the necessary spending money saved up. It also makes it a lot easier to go on impromptu trips without major financial drawbacks. Not digging around for prices Feel like you’re too broke to travel? The truth is that travel is a lot more accessible than many might think, you just have to be savvy about how you do it. For instance, there are websites that can highlight travel deals and show you the cheapest flights from your local airport, if you’re not too picky on where you plan on flying to. Overusing your credit cards Your credit card might be one of the most convenient tools when on vacation but relying on it alone has some major risks. For one, they can quickly get expensive, and get you in debt. If you’re in that position, learning how to reduce credit card debt is essential to keep yourself out of that spiral. However, using credit cards alone put you at risk of having them stolen and being left without the means to buy anything. Always make sure you have some cash on you when traveling for that reason alone. Forgetting about insurance Travel insurance might strike many as an unnecessary expense. However, the truth is that if you’re caught without it when you need it, it can be a huge disaster. Travel insurance covers a lot. It’s not just for if your flight gets delayed or cancelled, it also covers your healthcare if you get sick or injured, covers any lost baggage, and even events where you need emergency services to help you return to your country if the worst happens. Not telling your bank Lastly, make sure you tell your bank if you’re traveling. If you’re using debit or credit cards provided by them, you could be due for a nasty shock if you forget to. Banks will cancel or block cards owned by those on vacation all the time. After all, it looks very suspicious if your cards are suddenly being used in a foreign country and. There are lots more ways to save on your travel if you’re flexible about where you stay, and you save on pricy purchases like airport dining. But the tips above can help you address the biggest and baddest habits that could be costing you the most.