Still got the blues?
Blue Monday might have passed but our blue feeling due to the lack of sun definitely hasn’t. A summer holiday is something we can all look forward too, falling right in the middle of the year. Take a trip to your favourite holiday destination this year with our top tips on saving money.
Make sure you shop around before buying a holiday
The last thing you want to do is find out you could have got a cheaper deal than you did. Nobody wants to spend a lot of money on a holiday and then realise that they didn’t have to spend that much. So, make sure you do your research, check all of the comparison websites you can. Along with this, you shouldn’t rule out a package holiday. Some people believe that they are a lot more expensive than buying your flights and hotel individually. But, in reality, they might actually offer you a better deal and save you money.
Hotels vs Airbnb
Depending on where you are looking to take yourself and your family this summer, the hotel prices will be a lot higher than you expect. Some hotels could even cost you thousands of pounds just for a week. Although there are many hotels out there which will fit your budget, you could also consider hiring an Airbnb. They tend to be a lot cheaper and just as nice, saving you a lot of money.
You might be thinking those two ideas are great, but I don’t know how to save. Don’t worry, we have the perfect saving ideas for you. With it only being January, you have roughly 6 more paydays until the kids break up from school. Meaning 6 months until a summer holiday. The 50/30/20 rule is perfect when you are trying to save as it doesn’t only help with that, but it also helps with your day to day spending money. This consists of 50% of your income goes on essentials, 30% goes on wants and 20% is saved. It might be different for everyone due to a difference in wages, but in 6 months, you will definitely have some money behind you to go towards a holiday. Along with this, you could choose to open a savings account to help you save.
Lenders and brokers like Bingoloans offer loans to help you afford your dream holiday. Click here for more information on holiday loans.
Read more about real estate properties here.