A good number of people prefer to take time during Christmas, for a luxury vacation. They spend a lot of time mobilizing funds and resources, so that they can have the perfect trip at the end of the year, and come back refreshed and ready to take the New Year head-on. However, sometimes things don’t go as planned. To reduce your chances of having a nasty holiday vacation, here are some costly mistakes you should avoid:
Failure to alert your bank and credit card company that you are on vacation
If you don’t want unnecessary and inconvenient card rejections while on vacation, you must inform your bank and credit card company that you will be away on vacation. It takes less than ten minutes to do so, and it falls under the “better safe than sorry” guidelines. If you don’t inform them, your card may get rejected, especially if you are in a foreign country, because your bank may believe that your card has been stolen and that there are fraudulent charges being processed abroad.
Failure to consider taxes and resort fees
Though luxury vacations are not expected to be cheap, one mistake that most vacationers make, is to ignore resort fees and the taxes, when budgeting for the vacation. This may cause you to go over-budget, and if you are not well prepared financially, this can easily ruin your December or January vacation experience.
Not packing enough
This is a common mistake; a very rampant one, particularly for those going on family vacations in December or any of the cooler months. This is especially true when kids are involved. The expectation of the vacation will be greatly lowered if you begin unpacking at your destination or resort, only to realize that you didn’t bring along essentials such as kid’s video games, DVDs, the right clothing, meds, etc. In such a situation, you will be compelled to dig deeper into your pockets to buy items you forgot to pack, abroad.