Save Money On Holidays By Booking Last Minute

When it comes to holidays, being organised and prepared does not save money. Instead, you can find the cheapest deals by spending less time planning your break.

This is according to American Express’ latest research, which found Brits typically spend £170 a day on their holiday, which includes travel, accommodation, food, activities, drink, entertainment and excursions.

However, those who spend less than 24 hours thinking about their getaway end up spending just £124 a day. Comparatively, holidaymakers who use two weeks of their time to carefully plan their trip have a typical daily spend of £198.

Maggie Boyle, director at American Express, said: “It’s great to be organised, but even the most carefully planned holidays can see costs add up.”

Despite this, she reminded Brits that “knowing you’re spending wisely will help you enjoy your well-earned break”.

For instance, holidaymakers could save money by looking up coach hire to London if they want to enjoy their vacation in the capital. Coaches can be considerably cheaper than trains or flights, and gives you the chance to see the rest of the country on your journey.

Ms Boyle also recommended looking for quirky accommodation options, instead of just hotels. Getting tips in travel forums is also a good idea, while you can save money by buying things on gift cards that you might have left over from Christmas.

Of course, wherever you go, do not forget to book travel protection. According to Co-op Insurance, nearly two-thirds of those who go on holiday in Britain do not have cover for their break. However, accidents, illnesses and cancellations can still occur, and will end up costing a lot more than the price of a policy.