Do you break your holiday budget? You’re in good company – but there are ways to rein in your spending

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Cost-Of-Living

Research highlights how common it is for us to wildly underestimate day-to-day expenditure while on holiday, with eating out a significant factor

Do you break your holiday budget? You’re in good company – but there are ways to rein in your spending

Do you break your holiday budget? You’re in good company – but there are ways to rein in your spendingWhat can I do if Aer Lingus cancels my flight because of a pilot strike? The research also looked at all-inclusive deals. This page has written in the recent past about the growing popularity of all-inclusive deals as a way to manage spending while overseas – the upfront costs are higher but, in theory, that should be it.

It is solid advice for sure but it is predicated on the fact that people know how much they spent last year – and people can have very selective memories on that score. The results were unsurprising. Just over 20 per cent of respondents said they spent what they anticipated while one in 10 people said they spent less than they imagined they would.

 

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