Going on vacation is one of those things that a lot of people look forward to. It’s nice to just sit back, be calm and relax. Unfortunately, a lot of people while on vacation will become too relaxed, let their guard down and become a little bit lazy when it comes to watching their finances. Keep in mind that tourists/vacationers are the perfect targets for scammers, paying too much for meals and making errors that end up in lost money. Below, I’m going to give you a list of money mistakes that can totally ruin your vacation experience.
This is something that I’ve had to deal with in the past and it is not fun in any way, shape or form. When you’re on vacation, you’re probably using your credit card or debit card at a bunch of different locations, so you’re more susceptible to people gaining your personal information. The best thing you can do to prevent this from happening is keeping an eye on your card balances and statements even while you’re on vacation. I have mobile alerts set up for my credit cards and debit card, so I know when transactions occur. Alternatively, you can go online and check your account information.
Also, credit card companies will monitor your account activity and they’ll take note when they see a bunch of purchases. Therefore, in an attempt to protect you, they could flag your account and suspend your card, because they think fraudulent purchases are being made on your account. This could easily ruin your vacation, because you could be stranded without money. Therefore, it’s important that you let your bank or credit card company know when you’re going on vacation, so they don’t inadvertently flag your account.
There are some cities, especially in Europe, where you constantly have to be careful of pickpockets. If you’re a guy, you should try to wear a wallet with a chain or carry your wallet in your front pockets. As for women, you try to carry a fanny pack with your money in it or a money belt. Leave things like fancy bracelets and necklaces at home, because it’s easy for someone to run up and break those off of you and run away.
Overspending is a common problem for vacationers. Always go to bargain websites and search for the best motels/hotels that have the cheapest rates. Also, try to find a hotel/motel that offers free breakfast. Consider bringing your own snacks and drinks with you if you’re driving to your vacation destination. That way, you spend less money on fast food and at gas stations.
Chances are, you’ve been on vacation before and you’ve been approached about a timeshare offer. It can sound tempting, because they’ll usually offer you incentives to listen to their sales pitch, but who wants to spend time on their vacation listening to some salesman that’s trying to sell you on a poor investment? Avoid timeshares, because if you take them up on the opportunity, you’ll spend a ton of money and you’ll likely kick yourself for it in the future.
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One of the favorite things for an expecting mother and her significant other to do is setting up a nursery room. However, it can be tough to do this, because a lot of moms out there will go overboard on trying to create the perfect nursery room and end up going through their budget fairly quickly. It’s estimated that each baby nursery will cost, at the very minimum, $1,500 in just the beginning. After that, it’s hard to tell what expenses you may encounter.
That being said, there is some good news. It’s very easy to cut down on nursery expenses if you get a little bit creative. So, if you’re on a budget, I’m going to show you how to save money on the nursery room for your upcoming bundle of joy.
Did you know that it’s estimated that most people spend at least $150 on decorations for the nursery alone? Well, I’m going to show you how you can cut down on that expense. Instead of going out and buying stuff like decals, picture frames, hanging letters, etc… You can make your own stuff to hang up on the walls or you can make your own wall art.
For instance, with one of my children, I purchased some stencils and some paint and then I painted the room myself. I did the whole room in Sesame Street characters and it wasn’t that difficult whatsoever. It was cheap, looked absolutely amazing and most of all; it was fun! My husband and I had a great time decorating the room and doing the painting ourselves. It was so easy to do that some of our older kids even helped with the decorations.
There are some great ideas out there that will help a nursery look great if you’re on a budget. For instance, you could even paint one whole wall in chalkboard paint, which will be a whole lot of fun for the baby once they’re older.
If you want to save some serious cash, you can always ask your friends if they have any hand-me-downs. I’ve given my friends things like changing tables, gliders, etc… Therefore, it never hurts to ask your friends for some help, because they’ll more than likely be willing to lend you a helping hand. Also, don’t be afraid to list items you need on your baby registry. That way, maybe some friends or family will buy you the things you need and present them to you at the baby shower.
If you want, you could even incorporate the nursery decorating process as one of the baby shower activities. Give each of your friends and family members a stencil and allow them to draw/paint it on the wall. It will make your guests feel special, because they can always say they got to help with decorating the nursery and it will also mean less work for you.
Instead of buying things that you’re probably going to get rid of once your child hits a certain age, you should try to buy things that are going to last through the years. For instance, you could buy a dresser for your child’s room, rather than a changing table. Just change your child’s diapers on the dresser, instead. Also, remember when I mentioned the chalkboard paint above? Chances are, your child is going to love that for many years to come. Also, there are cribs that have the ability to transform into beds or even chairs. Basically, you just need to remember to think ahead and prepare for the future.
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