Think Smart and Save Smart
Penny saved is penny earned. And if you are one who has been bitten by a travel bug, saving will be right there on top of your priority list. A smart move again. But, for that you need to do some planning to save up for your travel plans. Among other steps, you can use savings accounts to fund travel expenses.
Savings from ISA
This saving account is just like any other savings account, but with a difference that the amount earned as interest in ISA is tax-free, unlike in other saving accounts where you need to pay at least 20% of the interest as tax; but with ISA you can save on that. Among the best ISAs for you, choose the one with higher interest rate. As interest rates of most cash ISAs are flexible and may vary between different service providers, hence, you can choose the one providing the best rates.
Choosing Time and Place
Then, if you want to save on your travelling expenses, you should be very precise what time of the year you venture out and to which place. There are peak periods when there is peak tourist activity, and working on supply and demand formula, you may have to end up paying more. In off-season periods, you have opportunity to avail special offers and discounts on hotels as well as fares, as companies try to lure the tourists.
Then, there are those countries/cities that are less expensive than others, but have no less interesting places to visit. You can choose your destination from one of these and make most of your travel in your given budget.
Take the Right Transportation
Whenever you choose a destination, the first thing you need to check is the transportation facilities available. Because vacations are all about travelling, check out the costs of different modes of transport and choose the one which suits you. For, at times you may feel that instead of flying, trains may be more economical.
Double Check your Bags
Make a check list of your essential belonging that you cannot do without, and make sure that you take them along. This is very good step to ensure that you do not miss out on any of your necessities and are not required to buy them on your vacation. Leaving behind cameras, cell-phone chargers are classic examples of that.
House swapping is another way of staying free of cost when on a vacation, if you are willing to swap your house with someone. There are number of sites which help you with this and you have plenty of options to choose from.
Choose Right Accommodation
If house swapping does not work, try staying away from the prime areas when choosing your hotel or resorts. That will help you save big. The rates of hotels in suburbs will be cheaper than hotels in downtown areas, and there may not be much difference, comfort-wise.
Watch Out Dines
Instead of dining out in restaurants, try to get a hotel or other accommodation with a kitchen, thus you can save a whale on dining expenses.
All-in-all, to beat the crunch that comes after your travels, make your travel economical and save as much as you can, for there is tomorrow still to come.