Five tips to prevent your finances from going on holiday at the end of the year

Thousands of people use the season of the end of the year to travel with their loved ones to another city, or even to another country. However, travelers do not always plan their finances correctly when preparing for a it’s common for a large percentage of people to end up in debt after the holidays.

To prevent this from happening, the experts at Bravo, the delinquent debt settlement solutions platform, provide five tips so that the holiday season doesn’t mean your finances have to take a break, too.

Plan ahead

Planning your trip in advance allows you to plan every moment with respect to the dates of your return trip to find the best deals on prices and discounts on accommodation and transport.

Stay true to the budget

Calculate what you will spend and use during this period, consider all expenses: food, planned activities, transportation, accommodation, among others.

Be clear about what you can allow, what changes and values ​​you can adjust, if you stay true to your accounts you are less likely to get into trouble in the future.

Respect the limits

If you have to set a spending limit based on your willingness to pay, it is critical that the exit plan best fits your available financial capacity. Make plans according to your budget, don’t overdo it just to celebrate these dates.

The bill was presented by the ministers of finance and agriculture.

Be careful with credit cards

If you plan to use credit cards, keep in mind that you should do so sparingly, always remember that you are paying with borrowed money that you have to pay back later along with the corresponding interest. On the other hand, it is recommended to investigate the agreements associated with the card in order to take better advantage of its benefits.


This is the basic procedure for financing any activity, therefore before starting a personal savings plan It is necessary to understand that it is not about saving the money that will be left, on the contrary, is a painstaking exercise that requires regular allocations of a fixed percentage to raise the capital needed to finance a vacation. For this, it is advisable to set a value and take it into account in the budget month by month.

According to Estupiñano, advance planning that takes into account the destination, the means of transportation that will be used or the tourist spots that you want to visit is recommended.

It is also advisable to keep a record of daily expenses to evaluate whether they are staying within the plan, if not, It is important to adjust them in the following days to maintain financial balance.

You can also choose “all-inclusive” plans, which often offer deep discounts, so it’s important to do these steps well in advance to get better prices and reduce expenses.

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