Wondering How Much Money To Take On Holiday? We Can Help.

How Much Money Should I Take On Holiday?

With Europe slowly opening back up and travel companies offering lots of great deals, many people are thinking about their next vacation. While it is up to you whether you take a sunny beach holiday or a city break, Everyday Loans can help you answer one question that has plagued travellers forever. How much money should I take on holiday?

Anyone who has planned to get away knows the feeling. You will need spending money but you are just not sure how much. To help you figure it all out, we have put together a list of ways you can calculate your expenses.

The first way to know how much money to take on holiday is to do the calculations yourself. Start by choosing and booking your hotels or other accommodations before you leave. This is one of the largest costs for any holiday so it helps to figure this out first.

Next figure out the number of meals you will be paying for per day. Your hotel may offer a free breakfast so you can always save by eating where you stay. Once you know how many meals you need, look at the prices of a few local restaurants that you are likely to want to try. This gives you an idea of the price of a meal. You can then multiply this by the number of meals you will need.

Finally, look at any special activities you may want to take part in. This could include scuba diving, tours, museums, parties or other local culture. These will likely have their prices listed online so you can add those up and include them in the total cost of the holiday.

Once you have your final number, add a bit more on for other odds and ends. Remember you may want to buy souvenirs, rent bikes or just have some other unexpected expenses.

If you are looking for an easier way to calculate how much money you should take on holiday, some travel companies have put together travel money calculators. These are not as precise as the method we have outlined above but they are quick and they give you a pretty good idea of the budget you will need.

Another benefit of these calculators is they do all the currency converting for you and they can take into account smaller purchases like coffee or alcoholic drinks that you may not consider if you are figuring things out yourself.

A third option is to use information from a travel blogger. There is likely someone who has travelled to the country or city you will be visiting so they have firsthand knowledge of how much things cost in the area. These travel bloggers are easy to find using a search engine and they can also offer great tips, tricks and recommendations for where to go and what to do on your trip. Plus these people had to answer the question, “how much money should I take on holiday?” themselves. That makes them uniquely qualified to help you.