Research from M&S Bank has revealed that seven in ten popular foreign holidays are less expensive this October half-term than they were a year ago, costing an average of £30 less per adult.
But there is always more that you can do to save yourself spending unecessary amounts of money before you Travel and whilst you're planning the family holiday.
Gill Roberts, Head of Travel Money at M&S Bank, shares his top five travel money tips below:
1. Plan your holiday budget so you know how much your holiday is going to cost and how much foreign currency you need, remember to factor in currency to cover taxis, tipping and any extras, even if you’re going all inclusive.
2. Do some research to find out whether tickets for the activities you are planning are cheaper if bought in advance.
3. If you’re getting your currency on the high street choose a provider with a large number of currencies on demand.
4. Don’t rely on internet rates if buying in-store – many providers have different rates online and some change their rate throughout the day.
5. Don’t leave your holiday money until the last minute - airport bureaux often offer less competitive rates and may not have a wide variety of note denominations.
Share your Travel money tips with other parents in the comments below or tweet us @FemaleFirst_UK
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Shabana Adam
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by Bob Hobson 20th Oct 2012 16:36
Great tips - saving money is good, saving more is better. Here is one more tip I would like to share that goes in a little direction. We all know that there is extra commotion and distraction when traveling with kids which can lead to leaving things behind. I found this out while traveling to Canada with my son and my laptop got left behind at a cafe. Luckily for me I had an Okoban tracer tag on my it. A waiter where I ate lunch found it and entered my tracker number on the Okoban website and I was sent a text message (and an email) before I ever even knew it was missing. I was able to recover it before leaving Toronto. I'm not sure what would have happened had I not discovered it until the next day when I was 400 miles away. The tags are available through Mystufflostandfound.com. They saved my trip and I now have them on almost everything that goes with me on a trip.