Want to Traveling to Europe, Try These 4 Investments To Make It Work
Who doesn’t want to travel especially if you go to Europe? Surely almost everyone wants it, huh. But unfortunately the cost of traveling to Europe is not cheap. For that, you must prepare from the beginning, from itinerary to fees.
Indeed the funds needed are not small, but of course we can arrange in such a way as to be in accordance with the budget prepared. Before we review the cost calculations needed, pay attention to the following 5 things:
First , choosing holiday destinations. When you choose Europe as a destination, prepare what tourist destinations you want to visit. Also determine how long you are there. That way you can add up how much funding needs and preparation of the initial budget.
Second , when preparing a holiday budget. Ideally, budgets are arranged from far away. The more mature the planning, the more enjoyable the vacation. Make sure your vacation choices match your financial limits. If you have small children, invite them to join in planning. Determine the choice of vacation destination, how much is the budget, so that all family members contribute to achieving the target funding needs.
The budget must be made realistically and in accordance with your family’s holiday style. The holiday budget post generally consists of postal ticket & accommodation, food and drink post, shopping post, and transportation post.Generally, someone focuses on preparing accommodation costs and airline tickets because the amount can eat the largest portion of the budget.
Third , investment to achieve vacation destinations. Sources of funds for vacation can be taken from regular income such as salary or other income. If the holiday budget is large enough, then you should start setting aside some money from monthly income to savings or investment.
Product selection for vacation fund investment can be in the form of financial products such as capital markets, or property. If you allocate a portion of your income periodically to invest, then the capital market is very appropriate as an investment product. If you have large funds, the alternative is to buy leased property assets. Annual and 6-month rental results that will be used as holiday investment funds.
Fourth , realization of holiday plans. A few months before the specified time arrives, then it’s time you start ordering according to the funds collected. Take advantage of the travel fair to get special prices and various bonuses that are additional funds.We recommend that you compare prices of travel agents with direct purchase prices to airlines and lodging online. Each agent generally takes a different amount of fee.
Finally, emergency funding and insurance planning. Vacation is an activity to have fun with family. However, unexpected things can happen that might reduce pleasure. The important thing is also the purchase of travel insurance. This type of policy will be very useful to reduce losses if a disaster occurs during the trip or even if you cancel your vacation. In addition, emergency funds should also be prepared to anticipate excess budget. The ideal amount of emergency funds to be prepared is 10% of the total family vacation budget.
So it’s ready to go on vacation at the end of the year?