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Plan A Thrifty Vacation To Europe With These 6 Tips

The global economy may be unstable, but your wanderlust heart remains powerful – for a good reason. It is possible to travel in Europe without breaking the bank as long as you have a few smart tricks up your sleeve!

1. PLAN HOW TO REACH EUROPE

It is always a good idea to do prior research before visiting an unknown land. Start your investigative methods by researching the off-peak season of your dream destination. Avoid the months when said destination receives most of its visitors. For instance, most cities in Europe are at its peak from July until the middle of September. Universal public holidays such as Christmas and New Year’s Eve are crowded too.

Consider reaching Europe in October through April. You will not only get cheaper plane seats but you will also find cheaper accommodation. Furthermore, you will meet more locals and less tourists. Get the an authentic European experience as you indulge on the local culture and enjoy the shorter queues.

2. PLAN WHERE YOU WILL STAY

Speaking of accommodation, you can stretch your buck by embracing other options aside from hotels. Hotel prices may drop from August to October, but they are still heftier than apartment rentals and home sharing.

Visit websites such as airbnb.com and homeexchange.com to get a grasp of what I am saying. These websites participate in the sharing economy by connecting like-minded travelers and locals together. They allow you to save a great deal of money and to have an access to extra amenities (e.g., kitchen).

You may also ask your local landlord to give you insider tips and maximize your stay!

3. PLAN HOW TO MOVE AROUND

One of the categories that will take a huge chunk of your travel budget is transportation. There are various ways to explore the beauty of Europe on a tight budget including boarding the train or the bus as well as renting a vehicle. For extensive or long-distance journeys, more people opt for availing the Eurail Passes. These passes are used to travel a single country or across multiple countries. Of course, it is cheaper to travel in short distances through the efficient European rail system.

Alternatively, you may board the public buses. Several buses are aimed at connecting the major European cities. Lastly, you can rent a car and share the price among your peers by taking advantage of the sharing economy.

4. PLAN HOW TO REMAIN CONNECTED

Staying connected no matter where you are in the world is beginning to be a necessity for most of us. However, data roaming fees are ridiculously expensive! Consider visiting the nearest public space or eatery that offers free Wi-Fi. Or, you may rent a pocket Wi-Fi device at Changi Airport.

It is easy to travel anywhere with the Changi Recommends’ pocket Wi-Fi. You simply have to pay a promotional price of S$12 per day. Equip with this, you can regularly update your friends and family back home via FaceTime or Skype. You may also manage your business by checking up on your employees through Whatsapp or Gmail.

Image Credits: changirecommends.com

5. PLAN WHERE TO EAT

Who does not love to eat, especially when it is thrifty? Save more cash on food by either cooking your own meals or dining like the locals.

Staying at the apartment or home rentals will allow you to access a fully functional kitchen. Use it to your advantage by preparing meals for you and your travel buddies. Amp up the adventure by having a lovely picnic at the nearest park. Many groceries have deli sections so invest in those. Or, you may skip the picnic and eat at the department store cafeteria instead. That is what some locals do!

Follow the locals’ lead for cheap eats instead of frequenting the tourist spots that puncture holes in your wallet. Ask around the town or read this helpful article.

6. PLAN HOW TO RETRIEVE CASH

For fuss-free retrieval of cash (European currency) in the quickest way possible, you may use the set of ATM scattered around Europe. All you need to do is to activate your card’s magnetic stripe. For instance, you can ask for the help of a bank personnel to help you enable the overseas access of your UOB debit card. It only takes a few minutes!

The only drawback with this method is that you will have to minimize your transaction fees by making larger and fewer withdrawals. In my experience, UOB charged me S$5 for every withdrawal in the neighboring Asian countries. It goes without saying that you must keep this advance encashment in a safe place.

Image Credits: pixabay.com

Cutting your travel budget does not necessarily mean that you have to sacrifice the quality of your trip! 🙂

Sources: 1, 2, & 3

5 Tips On How To Book Cheaper Flights

Holiday season is just around the corner and this is when we start posting throwback photos of our previous travels, stare longingly at the planes that pass overhead, browse through online travel guides, and daydream about jetting off to a distant land.

Did a quick check of your bank account just stop you dead in your tracks? Hold up right there, all is not lost yet. Here are 5 tips on how you can book flights for less than expected!

Go Incognito

Cookies are not always a good thing, unless they come in a lovely golden brown dotted with chocolate chips. Most websites use cookies to track your activities. If it notices that you have been searching for a certain route a few times over the past few days, higher flight prices might show each time you search, as the site wants to ‘push’ you into making a decision quickly before prices rise further.

To avoid these scare tactics, clear your cookies before you start searching or switch to incognito (Google Chrome) or private browsing mode.

Be Flexible

Sometimes the destinations you have in mind might be very expensive during your desired travel period. Keep an open mind and you might just stumble upon fare deals and bargains to places you never thought about going to before.

For a start, sites like Skyscanner, Airfare Watchdog and Google Flights are great to get a general sense of flight prices and compare flight prices on different dates and to different destinations. For example, instead of selecting specific dates of travel, Skyscanner allows you compare flight prices across the whole month. You can also select “Everywhere” as your arrival destination and Skyscanner will show you a list of the cheapest destinations to fly to.

Google Flights has a similar function where users can see average flight prices to different countries within a region, helping you find the cheapest point of entry. This is especially useful if for example, you are thinking about travelling around Europe. As domestic travel options are relatively cheap there, you can easily take a flight into one city and travel to your intended destination at a lower price than a direct flight.

Mid-Week Is Your Best Bet

Source: https://pixabay.com/p-755635/?no_redirect

It has been said that the best day to book a flight is on a Tuesday afternoon as this is when airlines tend to launch promotional deals or hold flash sales events. More people might be searching for and booking flights on weekends, so fares are likely to be higher due to the high demand. So while you may have more time over the weekend to do your research, taking some time off on Tuesdays might save you a fair bit.

Also, a general trend observed is that the least expensive days to fly tend to be on Tuesdays, Wednesdays. If your schedule works out, play around with different days of departure and arrival to find your best combination.

Of course, the most important thing is to not leave your booking till too late, especially if you’re looking to travel during peak season. As demand increases and seats are quickly getting filled, prices for the flight you want are bound to be higher than average. Also, many advertised flight deals usually have an advance purchase requirement, so booking too close to your intended date of departure might mean having to forgo the deal.

Check Social Media

As useful as they may be, sites like Google Flights or Skyscanner usually do not reflect any special promotional fares that the airline has. This is when keeping up with social media pays off. We may not check the different airline websites everyday, but social media is something most of us scroll through everyday out of habit. Ads or posts on the airlines’ social profiles can be a good way to learn about things like early-bird fare deals, 24-hour flash sales, or any credit card promotions that will give you a decent discount if you book with that card. So if you’re thinking about going on a holiday, start keeping an eye out on your social media accounts!

Mix and Match

Source: https://www.pexels.com/photo/money-pink-coins-pig-9660/

We all have one or two favourite airlines that we like to fly on, and sometimes this pays off in terms of getting frequent flyer miles or points that can be stacked up to redeem discounts. However, sometimes mixing and matching one-way flights on different airlines, or flying into and out of different airports, might be cheaper than booking a return flight on a single airline.

CheapAir.com has a handy “Mix & Match” category on the flights results page that will help you combine one way fares to form the most cost-efficient or convenient round trip. This may not necessarily be a cheaper option but it won’t cost you anything to do a comparison. So why not?

Now that you’re armed with some tricks up your sleeve, that dream holiday is soon to become a reality!

(This is a guest post by Trip101. Author: Eunice Lee)

4 Must-Read Books On Real Estate Investing

Books will always serve as a clever investment. Books will offer you the chance to learn new strategies to become a better real estate investor. Furthermore, you can save a substantial amount of money by avoiding the expensive mistakes of other authors.

On that note, here are the must-read publications if you are looking for ways to make the most of your property investments:

1. REAL ESTATE INVESTING FOR DUMMIES BY ERIC TYSON AND ROBERT GRISWOLD

Buy it here.

The preconceive notion of purchasing a “For Dummies” guide is that you are utterly clueless about a certain topic. Do not mind this! This book is a good resource for newbies in the Real Estate scene, especially made for those who have no prior experience. It elaborates difficult concepts in simpler terms.

The authors do not promise an overnight success story. Instead, they offer practical and realistic advice for its readers. These advice will help you conquer the challenges and take advantage of the opportunities ahead.

2. LANDLORD ON AUTOPILOT BY MIKE BUTLER

Buy it here.

The rich wisdom of this book grew from the author’s experiences after he managed 75 rental properties while he still committed to a full-time job as a police detective. It may seem impossible to juggle the two worlds but, it is doable.

Landlording on AutoPilot features useful information on dealing with the dynamics between the tenants and the landlord. It can dramatically improve your rental business and its surrounding relationships. If you are afraid to jump in this field or if you are struggling as a landlord, you must give this book a shot!

3. RICH DAD POOR DAD BY ROBERT KIYOSAKI

Buy it here.

As you dive in the world of investments, feed your mind with the philosophy of the renowned author and lecturer Robert Kiyosaki. I was intrigued about his teachings after I watched the book summary video by Evan Carmichael. See it for yourself.

What you can expect from this book is a lot of motivational talk. It is one of the library staples among investors because it contains a massive amount of thought-provoking content. He created two unique perspectives about money that emerged from two of his fathers – the rich and the poor. While the poor dad will tell you to work for your money, the rich dad will tell you to let the money work for you. The author did a great job in encapsulating the what I had been feeling for a long time.

4. THE ULTIMATE GUIDE TO REAL ESTATE INVESTMENT IN SINGAPORE BY ISMAIL GAFOOR

Buy it here.

When it comes to the big players in the Singapore real estate industry, Ismail Gafoor leads the wolf-pack. This book is the culmination of his passion and hardwork. Let us begin with his inspiring life story.

Mr. Gafoor and his family struggled with money when he was young. At the prime age of 7, he was tasked to deliver newspapers with his dad. This means that he was constantly late for school. As a young adult, he began a career with the Singapore Armed Forces. His cumulative salary led to his brave decision to buy his first property at Normanton Park. Because he saw the potential of real estate investments as a decade passed, he decided to open his own property agency with his wife. Nowadays, we know this leading agency by the name of PropNex Pte Ltd.

Image Credits: pixabay.com

Enclosed in this book are answers to various questions that investors ask. It is hard to go wrong with this book knowing that its contents came straight from the workings of a top real estate pioneer.

Sources: 1 & 2

How To Deal With Relationship Feuds About Money

The moral values that we learned taught us that relationships are far more important than money. Conflict is bound to happen when people put more weight on material items over interpersonal relationships or when they see money as a measure of the relationship’s worth.

Deal with the monetary feuds to save your various relationships.

1. PARTNER’S PERSPECTIVES

Differences in each others perspectives is inevitable when two people come together. Although you love each other dearly, it is rare to find couples who always see eye to eye. This is why it is important to start understanding each other’s views about money. Explicitly discuss about your beliefs on financial issues and spending habits. For instance, a partner who is a hardcore saver may view money as an important currency that shall not be wasted.

Learn to put yourself in your partner’s situation by recognizing his or her financial strengths. Let us put this in perspective by imagining that two people are buying a flat screen television. Half of this relationship is a spender while the other half is a saver. They can compromise by combining the spender’s ability to commit to a new purchase with the saver’s ability to get a good deal!

2. FIGHTING FOR INHERITANCE

The authors of the informative book entitled “The Family War: Winning the Inheritance” vividly explained what it is like to be tangled in estate disputes. Envision your own family tree with interconnected branches that share a single trunk. After it has been shaken by a strong force (i.e., war over inheritance), one or more of its branches are broken down. The sad part is that they may never grow back.

As you can see, money and death can do strange things to a close-knit family. Lawyers find this scenario as one of the most challenging cases to handle. This is why some of them advocate the drafting of a will and planning for estate distribution while the client is still alive. You must also appoint a trusted person to make medical decisions should you become incapacitated.

3. MARITAL WOES

Financial issues is among the top reasons why Singaporean marriages fight and eventually part. A committed couple who suffers from serious monetary problems will usually face loads of tension and stress, which often translates to heated quarrels.

Prevent a fueled fight by fully disclosing your financial circumstance to your significant other. This is uncomfortable and awkward at first but, you have to try. Tell your partner about your outstanding debts, financial obligations, income sources, and other assets. This will make you empathize with each other more. From time to time, do not forget to check if your financial goals are still in sync.

4. BORROWER VS. LENDER

To deal with the disputes over the money that you loaned, you can show your written agreement and other supporting documents.

You may have dodged the constant knocking of the bank by loaning from a friend or a family member but, you must still treat it as a business matter. Putting the terms of the loan in a handwritten format protects both parties as well as your relationship. After all, borrowing a substantial amount of money is not the same as borrowing a vehicle!

Get everything in writing if you are borrowing a large sum of money or if the lender is strict when it comes to full repayment. The agreement is called a promissory note. Have the promissory note signed by both parties and and a lawyer (if possible). This will ensure that pursuit of legal actions when necessary.

5. GRANDPARENT’S FAVORITE

If your mature child and his or her spouse are having a hard time drawing a healthy financial conclusion, you may offer to help them out especially for the sake of your grandchildren. As a grandparent, it is acceptable to give out money to your family for a specific purpose. You may also highlight that the money must be used for that purpose. However, it does mean that you are entitled to manage all their financial affairs.

Financial advice should be given only if asked. You do not want to be a “know-it-all” parent who constantly dishes unsolicited advice. Your children are no longer toddlers that you have to guide. Although, you can always make a polite offer.

6. FRIENDLY DISPUTES

No matter how much you disagree with your friend’s unhealthy spending habits, you must take a step back from those negative feelings. Do not immediately burst into anger when you see his or her credit card bills. Blaming your friend for his or her outstanding debt will not help too. It is crucial for you to remove anger and frustration out of the equation.

Break the cycle of constant fighting and help your friend out by discussing the matter maturely. Agree to support each other along the way.

Image Credits: pixabay.com

Do not let your financial woes to get the best of your meaningful relationships!

Sources: 1 & 2

You Must Stop Buying Items Just Because They Are Cheap

Do you ever purchase items that you do not need just because they are cheap or on sale?

Many of us do! If you adopt this hobby, it can easily get out of hand. Prevent yourself from spending on indulgences by regaining self-discipline with these 5 tips:

SHOP FOR WHAT YOU NEED

Previous studies have shown that people who overspend are craving for the surge of the feel-good hormone called dopamine. They associate this hormone to shopping for items while they are on sale. It is okay to give in to what your heart desires every once in a while as long as you are in control. However, you must regulate your shopping habits if you are overdoing it.

A bargain deal such as Lazada coupons can be a great score but, not if you have not intended to buy the item in the first place!

CONDUCT AN INVENTORY CHECK

I can still recall the moment when my mother came home with bag of groceries in her hands. Inside the bags were bathroom supplies such as shampoo, conditioner, and toothpaste. It dawned on me that she picked up the same items merely four days ago. She says it slipped her mind. Well, she is not alone!

It is common for people to buy new items because they cannot remember what they already have or they cannot locate them. I am not limiting this scenario to the items in your wardrobe as it is applicable to household products, car tools, and so on. A neat solution is to conduct a monthly inventory check to filter out what items are worn out, ill-fitted, and useless. You can toss or donate these items afterwards.

SPEND ON QUALITY

Clothes and other products that are of quality lasts longer and are usually more comfortable. Think about it! Cheap clothes are not entirely cheap as time passes. Mediocre items made with thin materials and poorly sewn ensembles wear out faster than quality ones. Furthermore, it requires time to replace and repair them. Consider spending your hard-earned money on few good things than, in loads of rubbish things.

Image Credits: pixabay.com

USE WHAT YOU BOUGHT

Whether you want to admit it or not, you use your most valuable items the least. You want to protect your precious item for as long as you can. I do too!

When I got my hands on the iPhone 6s last year, I played with it for a few hours and kept it safe in my cabinet. I relied on my iPhone 4 for so long that I jumped several generations when I bought the said device. Can you imagine how happy I was to explore the new iOS features and to savor the larger screen? Despite my satisfaction, I still preferred using my iPhone 4. I adored the new device and I did not want to spoil it immediately. A couple of weeks passed and I came to realize the irrationality in my actions. I bought this device for a reason and I must use it!

Use your priced item to maximize its value. Dissatisfaction can only lead to buying cheaper knockoffs or settling for less.

WALK AWAY CONFIDENTLY

Shopping eats up a significant portion of time. Sometimes, you may feel like your trip to the store was wasted if you do not purchase anything. This is why boutiques and online stores employ strategies to draw shoppers in for a long period of time. But, you must not fall for this! Purchasing something unnecessary makes is more wasteful than spending your time on window shopping.

Image Credits: pixabay.com

Remember that it is alright to walk out of the store and buy nothing.

Sources: 1 & 2

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