Just like groceries, utilities, and transportation, you have to allocate a budget for your upcoming holiday. It’s either you save money in preparation for your travel or use funds from your salary or business. Budgeting can be a daunting task, especially if you’re not one whose mindful of your money. Fortunately, international prepaid cards can be used to help secure your travel funds.
How exactly do you prepare your holiday budget using reloadable international prepaid cards? Here are some ways that you may want to use:
- Dedicate a card for each type of spending.
If you have already come up with a breakdown of your travel budget, then you should store them on different cards. You dedicate one card for meals and souvenir shopping, another for hotel accommodations, and another for local transport.
Doing this helps you live within your means while travelling. You keep yourself from overspending on food or souvenir shopping. You also learn how to use local means of transport based on your card’s remaining balance and not rely heavily on taxis or chauffeured rides.
- Opt for hotels or rentals that accept cashless payments.
There are a growing number of hotels, resorts, and homestays that accept payments online. Some of them even offer discounts when you book through their online booking partners rather than paying cash upfront. You may want to take advantage of these deals because aside from the discounts and rebates, you also enjoy the convenience of paying online.
Using your reloadable international prepaid card, you can book a hotel room or a staycation package that is within your allocated budget. You can use your card when transferring from one hotel to another without shelling out hard cash. By doing this, you not only keep your transactions properly documented; you also prevent yourself from spending impulsively just because you have cash at hand.
- As much as possible, do your payment transactions using your card.
Aside from hotel or staycation accommodations, you can also purchase transport tickets using your prepaid card. You can buy airline tickets, boat rides, or even bus and train tickets via their online merchant portals.
You may want to buy your travel tickets online because they are cheaper on this platform. They also save you from falling in line and put you at risk of missing your desired trip schedule. You can also get premium seats and enjoy discounts just because you availed their online payment option.
- Withdraw money only when you are at your destination.
Rather than doing exchanging currencies manually, you may want to withdraw cash from your prepaid card when you are already in your destination city or country. You may be charged an extra fee for your withdrawal, but this is smaller compared to the expensive rates currency exchangers impose. Opting for the latter may only cost you more in the long run and this may cause an issue when you are travelling within a budget.
Going on a holiday is fun and exciting. This is the time for you to relax and get away from the hustle and bustle of everyday life. However, enjoying a vacation requires money as you are bound to spend on almost everything you do during your trip.