9 Money Management Tips During Holiday in Bali

Holiday activities in Bali Indonesia is always a long-awaited moment. Not only by workers but also by teenagers. A holiday in Bali might be the best reference for those of you who are looking for a holiday destination.

But of course, activities in Bali Indonesia must be done with careful preparation and one of them is how you manage your finances while on holiday. Many people waste money on vacation. This happens because they have a bad way of managing money.

Guide to Managing Money During Holiday

That’s why it’s so important to be able to manage money when you’re on vacation and in your life. For those of you who are interested in learning how to manage money when you are on an adventure in Bali, maybe our guide will be useful for you.

1. Set your Holiday Budget at the Maximum

Through holiday budget predictions, we can get an idea of ​​the financial preparations that need to be made. To get a budget prediction, we must first determine the holiday destination.

As much as possible, the holiday destination does not change because the holiday budget is forced to adjust again later. This holiday budget prediction can be obtained from the internet, friends’ direct experience, or reviews of travel bloggers who have traveled to the destination we are going to.

2. Detailing Expenses

After determining your destination, and activities in Bali Indonesia, you need to detail or break down the expenses you will need when on vacation. Apart from big expenses such as plane tickets and accommodation costs, you also need to detail small things such as daily food, entrance tickets to tourist attractions, shopping for souvenirs, and transportation/car rental.

If you are traveling abroad, you also need to prepare your passport, visa, and travel insurance for a fun holiday with your family. By detailing all your expenses, you can avoid unexpected expenses or running out of money while on vacation.

3. Determine the Tourist Destination

To enjoy a pleasant holiday, it is best to determine the tourist destination you will visit. Avoid deciding on a destination impulsively, because you could encounter situations that are beyond your expectations. Discuss with your children and partner the places you will visit. If necessary, you can vote so that all family members can vote.

Well, determining this goal can also be based on what maximum budget limit you have. Because, different tourist destinations, have different expenses. For example, for the costs of going on holiday abroad, you will need extra costs to buy plane tickets, get a visa, and so on. On the other hand, domestic holidays require less money because tickets and accommodation costs are more affordable. You just have to choose which destination suits your budget.

4. Prepare a Budget Well

When you want to do various activities in Bali, of course, you have to start by preparing funds well. Carrying out activities in Bali, if not accompanied by good budget preparation, will make you even more wasteful. So prepare your budget very well, and do the calculations carefully so you don’t end up being wasteful.

5. Write Down Expenses in Detail

To manage your finances well while you are in Bali, one way is to write down all your expenses in detail. This needs to be done so that you know how much money you need to live in Bali during your holiday. So you can minimize waste.

6. Don’t do Activities that have the Potential to Make You Waste Money

There are lots of activities you can do while you are in Bali. Of course, you have to know which activities you should do and which you shouldn’t. This is important because by doing this you will understand which ones have the potential to make you wasteful.

7. Already Know Your Destination in Bali

When you know what your purpose is in going to Bali, you can be sure that you will be much more economical, because that way you can use your money according to your needs.

8. Spend More Time Adventures

One way of good money management, when you are in Bali, is to do more adventurous activities. This can keep you away from activities that could cost you a lot of money, such as shopping, and make you spend less time in the city.

9. Splitting Money

To be able to manage your finances well, you also need to separate which money will be used for basic needs and which will not. This way you will be more careful in using your money and this is very important to do when you are on holiday.

That is our brief explanation of the guide to managing money well while you are on holiday and doing activities in Bali Indonesia. Use it as a reference so that you can be more careful in using money, especially when you are away from home. So, make sure you manage your money very well, to make your holiday always fun to do.