Tuesday, December 18, 2012

Budgeting Vacation Plans

This is something that we all hate. When in vacation who wants to calculate instead of enjoying. Vacations are well-deserved treats and money shouldn't be a cloud over these precious times away. On the other hand, the “anything goes” spirit that is so intoxicating during a trip can turn a little…toxic afterward, when you’re home facing staggering credit card bills.
As Christmas is nearing, this  season is perfect for a vacation plan.Well, yes when it's time to plan a new vacation all would love to, here I present to you some useful tips that could help you plan your vacation budget.



Plan it early :- Planning early would give you more options to select and choose the best price. When trip planning, balance your total costs based on 1) where you’re going; 2) how you plan to get there; and 3) what you’ll do once there.

Plan your daily expenditure :- After an initial expenditure on travel and hotel, keep aside money that you would require each day on food, shopping & activities.

Don't over spend on Gifts :- It’s tempting to pick up souvenirs for friends and family every time you pass a store. But while we’re all for gift giving, there’s no need to return  with four leather bags for your mom, or a candle & a bracelet  & a bar of soap for your best friend. Before leaving, make a list of people to buy gifts for and how much you want to spend on each person. When you hit a nice shop where you can knock several gifts off your list, buy in bulk and negotiate a discount. Shop with your budget in mind—don’t pick up cheap gift items whenever you see them. Have a research done on the place you are planning to visit, the items that are fairly priced and unique to that place.

How many do you really need :- When going on vacation, you want to make your memories last. But before buying that miniature Taj Mahal, think about whether the “souvenir” in question fits into your lifestyle or home décor. Snag items that work seamlessly with your lifestyle, like a pearl ornament from Hyderabad or a sandalwood bar from Karnataka—that way, vacation memories become a part of your everyday life instead of relegated to a dusty mantle display. Plan your year’s budget with your vacation in mind—if you know you can get an inexpensive silk block print scarf from Jaipur when you head there later this year, don’t buy one at your place, where it will be more expensive. Also, consider buying less stuff but taking a lot of photos you can later frame or keep on your phone or computer screen.

Live like a local :- Hotel restaurants can often be much pricier than restaurants in the surrounding area.Street food is another inexpensive option and is a great way to try authentic local cuisine. You can also save on breakfast, lunch and snacks—and experience local color—by buying fresh produce at local markets.

Leave Room for more :- Leave room in your suitcase for items you may want to bring back so you don’t have to buy another luggage piece on your trip or get slapped with additional baggage fees. If you’re allowed to carry on or check another bag, consider bringing a fold-up tote bag and packing it in your suitcase to accommodate extra items.

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