Enjoying Holidays On A Tight Budget

Jul 14, 2013 by

A fair number of people have chosen to forego their yearly holidays since the onset of the recession. I can happily say that I am not one of them. This isn’t to say that I have completely avoided the effects of the financial pinch. However, I have found ways of enjoying holidays to such wonderful destinations as Spain, Portugal and Egypt on a shoestring budget. And I’ve decided to share some of my best money saving tips in this article.



Know your budget
photo by: Damian Gadal

Assessing Your Finances

The first step that I’d recommend is to conduct a thorough analysis of your finances. This means that you’ll have to work up the courage to look through your bank accounts. Consider the regular income and expenses that you are required to cover. Then come up with a realistic budget for your holiday. You might be surprised to find that you can afford a luxury break to Greece or the Algarve.


Doing Some Online Research

After working out a reasonable budget I’d suggest that you have a look for the best holiday deals available from specialist companies such as Coop Travel. I’ve been surprised at their range of reasonably priced holidays to desirable destinations across the world. As an example they are now offering a 10 night stay at the Portamor resort in Majorca from just £331 per person.


Opting For Self Catering

I’ve found that it’s possible to save a great deal of money by staying in self-catered accommodation. The only real downside is that it’s necessary to take time out of the holiday for shopping and the preparation of food. However, it can be quite enjoyable tracking down the freshest local produce and cooking exotic meals. I’ve also found real pleasure in sitting outdoors and enjoying the local views while indulging in fine cuisine with the family.


Exchanging Currency

If you’re like me then you might find it difficult to resist the occasional splurge during your holiday. You might even want to purchase special holiday souvenirs or tickets to exciting local attractions. My advice would be to prepare by arranging the exchange of your money prior to departure. It’s definitely worth using the Money Saving Expert comparison tool and organizing the collection of your money from the airport.



Exchange your money prior to departure
photo by: epSos .de

Using Pre-paid Cards

I’ve found that it can be quite worrying carrying large amounts of foreign currency during previous holidays. Thankfully there is a solution in the form of the pre-paid currency card. I’m planning on picking one up from FairFX before heading abroad this summer. I’ve been assured that they are accepted at the majority of foreign restaurants and retail outlets. It will be interesting to see how useful they actually are.


 This post is brought to us by my friend, Jenni Tulip who is an avid traveler and writer.



Brandy Bell loves the world and most things in it. she's been a solo female traveler since 2006: has visited over 25 countries, made countless international friends, and now writes to inspire you to travel, no matter your budget, nationality or experience. Follow Brandy Bell as she teaches you how to travel for free and without fear!

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  1. I love travelling, so I found your post so helpful to me.. great tips…

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