The holidays are quickly approaching, and for many, this means finalizing travel plans. Whether you are visiting family in another state or planning a nice getaway, NEXT Financial Group, Inc. (“NEXT”) has put together a list of tips that may save you money, time and the stress that often comes when planning a trip.
If you know the details of your upcoming trip, set an airfare alert specific to your desired destination and date. This will lessen the amount of time you have to spend researching and comparing flights.
If you have yet to choose a date to travel, consider booking a Tuesday, Wednesday or Saturday flight. According to FareCompare, these days are the least expensive to fly. Additionally, flights are often reduced during the least convenient hours of the day, such as early mornings or overnight.
For domestic flights, it is recommended to begin searching three months prior to your desired departure date. Alternatively, you should not wait less than 30 days. Waiting too long to book a flight often means paying more. When traveling during peak months, such as June, July, August or the holidays, it is recommended to purchase tickets two months in advance.
Your credit card companies have security measures in place to protect you from any suspicious activity that may take place without your knowledge. To avoid raising any red flags while overseas, notify your bank of your travels before you leave the country.
While on the phone with your financial institutions, inquire about foreign transaction fees as well as if there is a feeless card available. Also, know your daily limits and make sure they fit your needs. If necessary, you may be able to raise your daily credit/debit card limit with a quick call to your credit card company.
For your convenience, consider installing your banking institution’s app onto your phone. This way, you can easily check your transactions and pay any bills due while you are out of town and on the go. Another app to consider is Currency, a simple converter for travelers that can be used in 160 countries all over the world.
Lastly, identify a safe place for your cash, ID, credit cards and other important documents that you will have on-hand while traveling. In the case of a lost or stolen card, make sure to call your credit card company immediately to notify them. With cash, only carry the amount needed during that specific day. Leave the rest of your sensitive items stored away and out of site at your housing facility.
Traveling can be stressful, but consider using these helpful hints to ensure your trip runs as smooth as possible. For more information on how to make the most of your traveling experience, please fill out the form below. Or, if you have methods that you use to save time, money and hair loss, please let us know!
Kim, Theresa. A Financial Checklist for Traveling Abroad. U.S. News, http://money.usnews.com/money/blogs/my-money/2014/08/08/a-financial-checklist-for-traveling-abroad.
Seaney, Rick. Cheapest Days to Fly and Best Time to Buy Airline Tickets. FareCompare, http://www.farecompare.com/travel-advice/tips-from-air-travel-insiders/#/.
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