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Want to travel? Here are 5 tips to control your Holiday Spending

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Shreyoshi Guha
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To travel is to unravel, as the experience which comes with it is enriching and an investment you can do for yourself. The idea of traveling is exciting in itself, and who wouldn’t like to go away to a faraway land and forget everything.

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As famously quoted by Jamie Lyn Beatty, “Jobs fill your pockets but adventure fills your soul.” But without money in your pocket, you cannot experience the adventures and experiences of life. Therefore, it’s important to plan your expenses and adventures so you’re able to make the fullest of your vacation without the worry of overspending.

Here are a few tips and tricks which you can follow to enjoy your vacation without worrying.

Set a spending Limit

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It's important to figure out how much you can afford to spend during your vacation. Just like you plan your monthly budget for your household similarly for your travel adventures, plan your budget too.

Go through your bank statements and credit cards accounts and see how much can be spent on your vacation

Be realistic about your budget, don’t overburden or put yourself in debt. Be sure not to take out money from your necessary expenses such as rent and utilities.

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Do your Research

Remember to research everything from the place you want to visit and explore everything from the cost of living in that area, to how you can travel locally.

To limit the expenses look out for places that have cheap accommodation and are low-budget destinations. A lot of times low budget destinations are unexplored locations giving natural scenic beauty and a unique experience of their own hence do your research well and plan accordingly.

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Determine your expenses

Remember to research everything from the place you want to visit and explore everything from the cost of living in that area, to how you can travel locally.

To limit expenses look out for places that have cheap accommodation and are low-budget destinations. A lot of times low budget destinations are unexplored locations giving natural scenic beauty and a unique experience of their own hence do your research well and plan accordingly.

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Stick to your budget

Although it’s difficult to stick to a budget while traveling as there are many things to discover and explore.

Try making an itinerary, and spend according to that. Book your flight tickets and accommodation prior to saving some money. Look for deals and discounts.

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Avoid using the extra cash.

Track Your Spending

While traveling, keep track of your spending. Make sure to keep the receipts with you and record the spending on a notepad, spreadsheet, or a budgeting app where it is easily accessible to you.

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Keep a check on your expenses and don’t panic in case of overspending. Check the prices when spending and try not to indulge in impulse shopping.  

Consider all these tips and be ready to plan your next travel adventure.

 

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