If your past few years have been anything like ours, it’s time for that long-awaited holiday. Whether you’re planning the trip of a lifetime or simply want to get out of town, you’ll need to start thinking about a travel budget. From building your travel funds to saving while on vacation, here are our top tips to help make your next holiday unforgettable!

Finding the Money for Your Trip

Saving for your next trip can seem like an impossible task. Fortunately, you can build that budget up in no time through disciplined money management. However, if the funds aren’t climbing as fast as you’d like, you can always supplement your efforts with an NZ travel loan from Why Not Finance.

Break Bad Spending Habits

Bad spending habits are one of the easiest ways to run your piggy bank dry. Your second coffee from the café near work and last night’s uber eats may only seem like small expenses, but they add up! Removing these minor expenses is a great way to start building that travel budget up.

Create A Separate Account

Creating a separate account to keep your saving away from everyday spending will ensure you aren’t tempted to dip into this money. Try setting up a high-interest account with minimal fees; you don’t want anything eating into your hard-earned holiday fund.

Breakdown Your Budget into Monthly Goals

Think small to dream big! Breaking down your savings goal into monthly increments will help keep you and the family motivated to reach your target. Saving is never easy, but with these tips, you’ll be able to build up that travel budget and turn those daydreams into waking reality.


How to Avoid Blowing Your Budget While Traveling

You may have saved enough money to jet off on your dream vacation, but don’t let the excitement of travelling undo all your hard work. Managing your travel budget while you’re on holiday is still important.


Consider Traveling Off Peak Hours

Off-season travelling is one of the best-kept secrets in the travel industry. Booking your vacation during the off-season means fewer crowds and better rates on accommodation and activities.


Plan Ahead

You can snag countless money-saving deals by booking your trip well in advance. Early bookings will lead to cheaper accommodation and flights while giving you ample time to start banking some coinage for your trip. Planning ahead may sound obvious, but it can be a hard tip to follow when wanderlust strikes. Remember, the earlier you start, the longer you’ll have to build a travel budget.


Set Daily Spending Budgets

While you’ll surely have an overall travel budget, a daily budget can help you keep spending on track. We recommend setting daily budgets specific to each day of your trip rather than one standardised amount.

It’s Time for Your Next Adventure!

Don’t let finances cancel your dream holiday! Budgeting for travel is never easy, but by adopting these savvy saving tips, your next adventure may come sooner than you think.


Does your piggy bank need a boost before your next trip? Why Not Finance offers online loans in NZ to help Kiwis with their travel goals.