Everyone awaits the arrival of the long-awaited summer holidays to enjoy a few days of disconnection and relaxation. However, with rising inflation and the consequent loss of purchasing power, many people are experiencing financial stress due to the pressure to readjust the economy.
For this reason, the experts from the financial comparator HelpMyCash have prepared an article with the most practical tricks to enjoy a few well-deserved days off without spending excessively.. “Asking for a loan or using a credit card to finance vacations can be tempting, but experts advise against this practice,” they initially emphasize.
Prepare a preliminary budget
In this sense, a more advisable alternative is to choose a destination that adjusts to the family economy.. In addition, “it is convenient to prepare a budget for vacations in advance”, that is, “open a specific savings account and allocate a fixed amount of money each month for trips next summer,” the experts advise.
Avoid duplicate charges
It is important to review bank movements to avoid duplicate charges, especially on vacations. “In the summer season, the activity in bars and restaurants increases, which can lead to errors in charges and, as a result, improper or duplicate charges,” they say.
Control cash payments
Experts advise carrying a limited amount of cash. “Not only do you run the risk of losing it, but it's also very difficult to keep track of cash spending and it's much easier to overdo unnecessary purchases”. Therefore, it is advisable to set daily limits for cash spending.
Use cards to travel
When traveling abroad you expose yourself to paying commissions for using cards or withdrawing money. For this reason, it is recommended to contract specific cards for trips that allow you to save on commissions.
“Hiring a card to travel is very simple because it can be done entirely online, they do not charge commissions and do not have permanence,” they say. For all this, they are an interesting option, even to be used only during the summer months.