3. Prepare a budget (and stick to it)
Super! Your flight and accommodation are booked so you are already halfway. The most convenient is to set up a daily or weekly budget for your vacation. That may seem annoying, but it can really save you a lot of money and helps you better keep track of how much you actually spend. Think about how much money you want to allow yourself every day to have fun, but don’t let your vacation become your financial downfall. Investigate in advance how much food, transportation and activities on average cost at your destination to prevent unpleasant surprises.
If you (like most people) don’t want to write down every espresso in a financial statement, then the use of cash is the easiest way to keep an eye on your finances during your trip. Get your daily budget from the ATM and stick to it. If you know that you have a hole in your pocket, it is smart to leave your debit card at home to prevent impulsive purchases.
The next step seems simple and logical, but it is more complicated than you think…