Because leisure travel is a luxury, it is the perfect candidate for a savings plan.
Make sure everything in your trip is accounted for so overspending can be avoided. If, however, you typically fund a holiday by borrowing money, you are setting yourself up for instant gratification. This can only lead to stress. Allow yourself a pleasurable and truly relaxing vacation without needing to pay back your loan as soon as you get home.
Get more tips on how to successfully fund a trip abroad from our expert financial coach. Email us at info@sortmymoney.com.au to learn more.