Five Money-Wasting Mistakes on Holiday
Poor Exchange Rates. UK holidaymakers during 2010 saw one of the worst exchange rates between the Euro and Sterling than had been seen for a while as bureau de change was paying 525 - 550 for 500. Since the Greek debt crises has come to light the Sterling has begun to hold up against the Euro extremely well, however, average UK holidaymakers do not take enough time to find the best exchange rates on the high street and are often left out of pocket as a consequence.
Incorrect Holiday Insurance. No one would argue that buying travel insurance was either exciting or glamorous, however, without vital cover for anything that can go wrong (or go missing) neglecting the travel insurance before taking a holiday is dicing with fate. Lack of insurance when a problemoccurs in a foreign country is one of the most expensive mistakes any traveller could make.
Last Minute Airport parking. In the UK parking your car at an airport whether long stay or short stay is notoriously expensive, however, both Gatwick and Stansted Airports are the most expensive in the country. Taking into consideration the price for parking long stay at either Gatwick or Stansted Airports whilst on a two week vacation would approximately equate to 133. The average UK holidaymaker who parks their car at the airport for a two week holiday could save nearly 50% on standard rate parking fees if they book in advance, sadly in 2010 large sums of money was collectively wasted by UK holidaymakers who did not make long term provisions for car parking.
Credit Cards / ATMs. It seems that most people will be more aware of the cost to use an ATM in the UK than when they travel to a foreign country. Thousands of pounds in interest and ATM charges will be added to the credit card that is used for cash whilst on holiday and the only method of intelligent use of ATM's is ONLY choosing debit cards which still remain completely commission-free in Europe with no fees chargeable for transactions. High street banks made thousands from UK travellers last year by simply charging a further 1.50 for the use of their ATM's.
Mobile Phones. Out of the large number of UK holidaymakers who took mobile handsets out of the country in 2010 only very few rang their mobile network provider before taking their holiday to organise the most cost-effective method to use their mobile abroad without attracting high phone bills.
Incorrect Holiday Insurance. No one would argue that buying travel insurance was either exciting or glamorous, however, without vital cover for anything that can go wrong (or go missing) neglecting the travel insurance before taking a holiday is dicing with fate. Lack of insurance when a problemoccurs in a foreign country is one of the most expensive mistakes any traveller could make.
Last Minute Airport parking. In the UK parking your car at an airport whether long stay or short stay is notoriously expensive, however, both Gatwick and Stansted Airports are the most expensive in the country. Taking into consideration the price for parking long stay at either Gatwick or Stansted Airports whilst on a two week vacation would approximately equate to 133. The average UK holidaymaker who parks their car at the airport for a two week holiday could save nearly 50% on standard rate parking fees if they book in advance, sadly in 2010 large sums of money was collectively wasted by UK holidaymakers who did not make long term provisions for car parking.
Credit Cards / ATMs. It seems that most people will be more aware of the cost to use an ATM in the UK than when they travel to a foreign country. Thousands of pounds in interest and ATM charges will be added to the credit card that is used for cash whilst on holiday and the only method of intelligent use of ATM's is ONLY choosing debit cards which still remain completely commission-free in Europe with no fees chargeable for transactions. High street banks made thousands from UK travellers last year by simply charging a further 1.50 for the use of their ATM's.
Mobile Phones. Out of the large number of UK holidaymakers who took mobile handsets out of the country in 2010 only very few rang their mobile network provider before taking their holiday to organise the most cost-effective method to use their mobile abroad without attracting high phone bills.
posted by Vittoria @ October 24, 2011
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