5 tips to travel without affecting your personal finances

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Most likely, traveling was one of the purposes you established for this year, but did you go anywhere? If the answer is no, surely you would have liked to have done it and, if you left, you may have spent more than you had planned. If you are very clear that you want to travel this year, read these 5 aspects that you should consider to take care of your finances in your trips.

1. Planning

The Federal Consumer Attorney’s Office (Profeco) recommends planning the holidays in advance and having a budget. Some suggest that you plan your outings at least two months in advance. If you have a saving for this purpose and you take the time to organize your budget, there does not have to be any problem for your finances.

Sure now you think, I’ve run out of travel. Well do not worry. Planning takes time, but keep in mind that it will allow you to make conscious decisions, take advantage of offers in a timely manner and avoid any type of indebtedness.

You should prepare for the next days off or, if you can, organize your trips on days when not everyone is on vacation. Despite the offers that may be, traveling in the low season is always cheaper.

Now, planning is about being specific in what we want, and therefore you must define the place you will visit or have some options in mind. You must think what means of transport you will use to arrive, the duration of the trip, with whom you will go and what activities you wish to do. In short, from this you will determine the expenses that you will include in your budget.

2. Make a budgetImage result for make a budget

Having a budget is essential to know how much money to spend and not overspend. Then, calculate everything that can generate an expense on your vacation. That’s right, from the moment you put a foot out of your house and until you return.

What are some possible expenses? The taxi to go to the terminal or the gasoline if you go by car, the bottle of water, the cookies, the sandwich for the road or the pillow for the neck, among others. And this is just to get to your destination. Add local transportation, lodging, meals, tickets to museums or other sites, souvenirs and expenses for unexpected events.

Transport

Depending on your destination, assess the cost-benefit ratio, depending on the type of transport required to arrive.

  • Bus. This means is cheap, comfortable in some cases, and must provide insurance against accidents or if they lose your luggage and guarantees in case of delays or cancellation.
  • Private car You have to consider the cost of gasoline and booths, for this you can consult an approximate amount on the page Trace your route of the Ministry of Communications and Transportation. In addition, it contemplates the cost of mechanical revision and maintenance of your car. On the other hand, you can rent a car that covers maintenance costs and accident insurance.
  • Airplane. Traveling by air is a simple and fastest way. However, you should consider waiting time to get out, to have your bag delivered and to move from the airport to wherever you go. You should consider that the demand and the price of air tickets fluctuate more than for other means of transport in high season.

The price of the plane ticket, especially to leave Mexico City for international destinations, has increased due to the increase in taxes, such as the airport use fee (TUA).

We recommend that you read 9 tips to get a cheap flight , where you will find pages and applications that will help you.

It should be noted that some luxury bus services or on the plane offer refreshments or accessories to make you feel more comfortable during the journey to your destination. If you travel by road, make these purchases in the supermarket beforehand to avoid unnecessary expenses.

The cost of local transportation in your destination is variable. Ask at the hotel where you stay, if they offer transfer services, it will be a good investment to hire them and avoid wasting time looking for other options. You can also take advantage of mobile transport applications that have set rates or that allow you to share a car.

Lodging

When choosing the place of lodging, consider which one suits your needs. Will you be out all day and only get to sleep and take a bath? Choose a cheaper option. Do you want to rest or enjoy the pool? Find a hotel that is more comfortable and with better services, as long as it is within your means of payment.

Before making a reservation, ask about the services and free products they offer. Avoid loading things in your suitcase that the hotel will provide you.

Foods

Try to have breakfast at the hotel, it may be included in the payment of your room. Food and dinner can be contemplated in places you visit, but always ask for the letter with the prices to see if it is within your budget. Sometimes, we fall into despair and take the first option without considering the cost and then we can regret it.

Departures and reminders

Tourist attractions or experiences have different costs, so consider how much money you are going to spend on this item and if you do not have enough, look for other alternatives that can be just as entertaining.

As for the souvenirs, how many times do we want to wear a shirt, a key chain or a bracelet; that are unnecessary? Set a limit of money to spend on souvenirs, that does not affect your pocket and choose to whom you will take these gifts.

Emergency fund

Something that few consider is that, any unforeseen event can happen during the trip. For example, if for some reason, you do not arrive in time to the terminal to take the bus or the plane back, you must contemplate the cost of an extra ticket. Another example, if you go in your car and it breaks down, you should call the tow truck. Therefore, consider having an emergency fund so that your finances and your trip are not affected.

In short, we do not know what accidents or situations may happen, but we must be cautious. Salvador Tamayo, consultant in personal finance, suggests having saved from 10% to 20% of the trip budget to face any unforeseen event.

3. Consider all-inclusive packages

After making your detailed budget, consider if you should pay an all-inclusive package, which can save you money and time if it includes transfers, so you can make better use of your vacation.

For example, a complete option that includes the hotel and plane to Playa Del Carmen:

Magic Express Hotel + Flight

Includes: 4 star hotel. Central location Continental breakfast. Round flight. Mexico City – Cancun. Cost of $ 3,596, average per person. (Price with discount Easter, Best Day).

According to a Best Day quote, Interjet’s cheapest round trip costs $ 2,260, the Magic Express hotel would cost you $ 1,336. In contrast, only the round ticket per person in Aeromexico costs $ 3,556, almost the same as the luxury hotel and the plane flight. The hotel plus plane package can be a great deal, if you plan your vacation now.

 

4. Use your credit card

Each card gives you different benefits. If yImage result for credit cardou have a card that gives points to travel on any airline you can exchange them and you can even get it for free.

Another good way to take advantage of the benefits of credit cards, are the months without interest. However, you must verify that everything is within your budget. In addition, it is advisable that you liquidate your debt before you make another trip, so that you enjoy your next exit without remorse.

5. Never use the savings other than to travel

If you do not have a specific savings fund to travel, it is best that you refrain from using the savings from your retirement or education. These resources, in general, are difficult to replace.

So far, we can say that these are essential aspects for planning your trip, hence the importance of carrying it out with time. But the most important thing is that when it comes to being on your vacation, you stick to your budget, otherwise you will throw away all your effort.

What to expect with a debt management program

We believe that if your debts are out of control and exorbitant, integration into a debt consolidation program via http://www.cyber-africa.net may be your best decision ever made. We also understand that it can be scary and new for you. Having the basics of the program will allow you to benefit from it and achieve all your goals. That’s why you need to know what to expect with a debt management program before making a final decision.

Is a debt management program the right solution for you?

First, you need to be certain that a debt management program is the best choice for you and your debts. Here are some questions you should ask yourself before deciding to enroll in such a program. You will be more enlightened about your debts afterward.

  • Do you have trouble making ends meet?
  • Are your expenses out of control? Are you a shopaholic?
  • At the end of the month, do you wonder where all your money went?
  • Do you need to lie to your friends and family members about your spending habits?

If you answered yes to most of these questions, you should start taking your debts and money seriously. Being buried in debt to the ears when an emergency occurs is the worst financial situation in which you could end up. These things happen and that’s why you should have your debts under control. A debt management program not only helps you relieve your debts but helps you change your vision of managing your money. Such a program will give you all the tools and knowledge to manage your finances successfully.

  • Information about budgeting and how to create a budget that you will respect.
  • How to manage debts and avoid spending in the future
  • How to plan your financial future

Debt management programs are often the best choice a person can make when their debts seem to be in an uncontrollable spiral. Such a program will not only provide you with help but also financial knowledge.

What to expect from a financial advisor?

When you integrate a debt management program, you will work with a financial advisor. This one will be in charge of your finances and will help you eliminate your debts. Your advisor will start by asking you a series of questions, and these will help your advisor identify the causes of your financial problems. The most important thing for your advisor is to have a complete picture of your finances and debts and to understand you well.

Once your advisor and you have a good understanding of your financial situation, your advisor will find the right solution. Here is an example :

  • Your advisor will know how much debt you have
  • Your advisor will create a budget that covers your debts, expenses, and income
  • Your advisor will negotiate with your creditors and find common ground for a monthly payment
  • Your advisor will provide you with the tools and knowledge to help you better manage your future financial problems.

Your advisor will be there to help you every step of the way it depends only on you to make your payments and apply the knowledge received so as not to fall back into the same situation again.

Start a new life today!

The sooner you enter a debt management program, the sooner you are done with the debts. Taking the first step and asking for help can be scary, but we all know that once you’ve made that step, you’ll be glad you did. Eliminating your debts is a journey that will be fraught with pitfalls and will require a lot of work from you. If you are diligent in the program created by your advisor, you will be able to reach your goals. The most important thing is to learn from this experience. Listen to your advisor and work hard to get rid of your bad financial habits while replacing them with good habits. Start today and you will be closer to this new debt-free life that you deserve.

Are there auto loans for people with bad credit?

Having a car or other type of vehicle is a requirement for most people, especially if you have a family or a job that requires you to travel long distances. While it is quite possible to save enough money to buy a car in cash, most people need a car loan to pay for a car. Most people think they need to have an excellent credit rating to get a car loan, when in fact there are a lot of auto loans available for those with lower credit scores. Looking for and being approved for a car loan when one has a low credit score can be a little difficult but not impossible, so do not be discouraged during your research.

Here are some important things to keep in mind if you are looking for a car loan but you have a low credit score.

How to look for a car loan when you have bad credit

The first thing you should do before starting to look for a car loan is to check your own financial situation deeply. This means that you should request a copy of your credit report. Having a good understanding of your financial situation will make negotiating your auto loan much easier. If you think you have a low credit score but do not know exactly where you are, you will be more likely to pay more for a car in assuming you are offered the best rate you could get. Do not get caught by car dealers!

Once you get your credit report, go back to make sure the information is correct. It is possible for an error to slip in and decrease your credit rating. Give yourself at least a month between when you request your credit report and when you want to start looking for a car, this way you will have plenty of time to correct the errors.

Now it’s time to start looking for a car loan via TexasTitleLoan.Net that best suits your needs.

The most important thing you can do while shopping for a car loan is to set a two-week deadline and make sure you do not exceed this time limit. The reason for this is that every time a dealer requests a copy of your credit report, this request comes as a survey in your credit report. These inquiries can affect your credit score if requests are repeated frequently. But if all your auto loan applications happen in a short period of time, all these claims will appear as a single investigation- texas title loan find more information ヽ(^ᴥ^)ノ.

Finally, do not accept a price or interest rate that does not seem right for you.

How to save on your car loan

Unfortunately, if your credit score is low, you will likely have to pay an above average interest rate. But, having a credit score that is low does not mean that you will have to ruin yourself to complete your auto loan payments. Here are some tips to help you save money on your car loan.

Choose a Short Term Loan: You may be tempted to choose a term of 5 years or more for your auto loan in order to decrease the number of your payments, but it is much more economical to choose a term of 3 years. The majority of loans of 3 years and under have lower interest rates and so you will save on interest as the loan will be paid back faster.

Consider a new vehicle: If you can, choose a new vehicle and not a used car as these usually come with more competitive rates. Obviously, this is not always an option for some because even if the interest rates are lower, the price is definitely higher. If you find a special offer on a used vehicle, weigh the pros and cons and do not hesitate if this happens to be the best deal for your situation.

Choose the basic model: Your dealer will probably try to convince you to make several additions to your car, explaining that you will only have to pay a few extra dollars each month. Do not be fooled, if you are looking to save money, keep your initial plan. These few extra dollars each month will start to accumulate and your payments may become too difficult to manage.

Consider a Private Loan: Having a low credit score does not mean you need to get financing from a dealer. In fact, you will probably be able to get a better rate from a private lender.

Pitfalls to avoid

Seeing that your credit rating is low, a dealer might try to take advantage because he knows you are more desperate to be approved than someone with a slightly higher credit score. Here are some auto loan pitfalls that you should be aware of so that you can avoid them when shopping for a car loan.

Incentive: The most common pitfall in a dealership is upsold. Your dealer will probably try to make you take the more expensive model and make you spend more money, but you are better off staying firm and moving forward with your initial plan. Do not accept an offer you can not afford.

Yo-yo Financing: Yo-Yo financing is the name given to the fact that your dealer allows you to take home the vehicle you have chosen before being officially approved for a loan, then remind you a few days later and explain that your loan application has been rejected. They have now trapped you with a new price and a new interest rate hoping you will not realize the increase.

Loan Padding: When your dealer tries to increase the value of the loan by adding additional costs without telling you. They will offer you a higher price in the hope that you will not realize what they are doing and pay anyway.

“Buy here, pay here”: These types of dealers will offer you a loan regardless of your history and credit rating. Although it may seem easy, there are some disadvantages that can end up costing you. Not all dealerships that offer “buy here, pay here” terms are bad, but be aware of what rate of interest you can get from your bank to make sure you do not get caught with a rate far too high.

Auto loans are not reserved for those with high credit ratings. Having a low credit score should not discourage you from buying a new car. But be sure to follow the steps and keep informed about your own financial situation and you should be able to get the car you want and need.