Top tips to save on holiday costs


As Pressure Mounts on Travel Budgets

In light of a recent survey, travel insurance experts from have shared their thoughts on how to stay on top of holiday costs this summer.

The survey asked holidaymakers about any financial concerns they had ahead of their holiday breaks. 35% said they were concerned they normally spend more than they intend to while away on holiday with 17% not able to stick to a budget and 45% not planning ahead for any additional costs.*

With many planning to head off this summer, whether in Northern Ireland or abroad, the experts researched some money-saving tips to help travellers enjoy and stay on budget.

Ian Wilson, Managing Director of says: “With the current cost-of-living crisis, it’s understandable that travellers are trying to find the most cost-efficient ways to enjoy their holidays.

“Whether you’re going away for a sunny holiday abroad or a staycation closer to home, holiday spending can be a big concern as time away often comes with hidden costs, eating out and expensive activities. Hopefully our tips can help travellers save more on their holiday costs.”

Here are CompareNI.coms top tips for summer holiday savings:


The self-catering option on a holiday could help lower costs.  Normally the cheapest accommodation option, it offers flexibility to shop around for meals and groceries – especially if you’re travelling with picky eaters.


If you are heading abroad, give yourself plenty of time to shop around for the best deals on currency – leaving it until the last minute at the airport can sting you when it comes to exchange rates by as much as 10%.

3.Budget-friendly activities

Ahead of your trip, research budget-friendly or free attractions to visit at the location and consider buying tickets in advance to find savings. Putting together an itinerary of activities that won’t break the bank is a great way to keep within budget while you are away.

4.Beware of all the extras

Flights in particular seem to have increased the volume of add-ons needed after the original quote price – with priority boarding, seat locations and various cabin bag sizes often fluctuating the initial costs quite dramatically.  It’s important to be wary of comparing airlines or hire car companies without working the quote through to the final price.

5.Make travel money go further

Prepaid travel cards designed to be used abroad are a good way to manage your budget whilst away. If taking out cash at an ATM machine abroad, always select the option to withdraw in the local currency or else you could be charged for a higher exchange rate. The same goes for spending money – if given the chance, choose to spend money in the local currency on card machines.

6.Plan for a hidden budget

This could include taxis or airport transport, tipping, additional resort or airport taxes or parking payments. Factoring these in at the start will help you create a more realistic budget – checking customer review sites of your destination can usually help uncover any surprises.

7.Carry out vehicle checks

If your break is more of a staycation be sure to carry out essential car checks to ensure a safe road trip. Check tyre pressure and tread depth, oil level, fuel, washer fluid, emergency supplies and your engine coolant. This can help you to avoid costly breakdown fees or fines and even penalty points for an unroadworthy vehicle.

8.Travel insurance

Whether staying in the UK or heading abroad, insurance cover could help safeguard your finances – protecting you and your family, your belongings and your holiday from delays and cancellations. The policy itself can be relatively inexpensive if you shop around and ensure it covers all your needs – comparison sites help you get a competitive price. 


*’s findings are based on a randomised survey of 1,000 respondents across the UK in March 2024, which represents a margin of error of approximately 5% at a 95% confidence level.

This article is intended as generic information only and is not intended to apply to anybody’s specific circumstances, demands or needs. The views expressed are not intended to provide any financial service or to give any recommendation or advice. Products and services are only mentioned for illustrative rather than promotional purposes.