Travelling in 2024?
Let’s help you successfully plan and save for your upcoming adventure! In this episode, the Rask team share their tips & tricks for your next trip.
Work backwards from your end goal
Just like Grand Designs, your holiday can easily run over budget. Try and plan 12-months out, figure out a rough budget that’s achievable, break it down over the time period. Set up a travel bank account and automate the payments.
E.g. $10,000 / 12 = $833 per month
You will probably book things as you go, so you can use this dedicated account to pay for them.
Plan further in advance to take advantage of sales – for example, sign up to newsletters for places you want to go
Plus, booking in advance gives you more time to anticipate the trip – giving you a happiness boost!
Try and avoid peak times wherever you’re off too
Something I’m unfortunately not succeeding at this year, but if you can avoid travelling during peak Summer and school holidays → queues are shorter!
Buy travel insurance in advance (on sale if you can!)
This is a non-negotiable so keep an eye our for a sale in advance! If you use, say, AMEX you may get insurance for flights paid for on the card.
Have multiple ways to access your money
I dropped my phone in the toilet
Don’t rely on just one bank and digital payment method, have access to funds in different account, plus the physical bank cards
I used the ATMs to check my balance as I wasn’t able to access my mobile banking app
Ask your family and friends (or use Trip Advisor)
Sometimes there’s nothing quite like a little experience. Tap into the knowledge of your friends or family who have gone before you. Ask them ‘what would you have done differently?’ Get multiple opinions.
Travel apps & tools
- Rome2Rio → super helpful to plan out your route and work out affordable transport options
- SkyScanner → find different flight options
- GetYourGuide → find great tours overseas, check ratings, find great prices
- HostelWorld → find great low-cost accommodation
- Use CashRewards when booking accommodation via sites like Booking.com
- Wise (Up Bank have a partnership with Wise as well) & Revolut → travel money tools
- Booking.com (free cancellations on accom)
Some extra bits
- Book with points – pool your points, use flybuys and 7/11 to accumulate points, sign-up for bonus points with Qantas or Velocity if you have a business, etc.
- Trusted House Sitters or Aussie House Sitters etc. use these websites to find people take care of your current arrangements (house, pets, etc.).
- If you’re traveling for a long time, do the reverse – use them for cheap stays
