A recent 2020 poll ranked Barbados the 12th most expensive country to live in. Without fact checking, I concur. Don’t get me wrong. Life on the island is sweet, but the cost of living is very high. Albeit, I decided to add an extension to my already extended vacation. Tourists, like me, may be tempted to do the same but they would quickly learn that it could spell disaster to their memorable vacation, especially in their pockets.
The main costs tourists encounter on their travels are accommodation, transportation, entertainment, and food. Miscellaneous purchases can be controlled. The four categories can be budgeted for ahead of the trip, but an unplanned extended stay in a country where the cost of living is high can bring stresses, discomforts and unwanted anxieties just to navigate the much needed break until departure time.
Early in January I began a project which I fittingly labeled ‘a labor of love’ since it finished on the scheduled, February 14th date. I chose to renovate a couple rooms in my mom’s home. What I thought would be an easy fix has morphed into six weeks of digging, drilling, hammering, pushing and pulling. On any given day, I have the carpenter and assistant, mason, electrician, tiler, painter, and plumber on the site. Undertaking the operation has forced me to go shopping for supplies and I am often left aghast at some of the prices. Thank God I am not burdened with the aforementioned vacation costs and project costs too. Financially, I would be ‘out to sea’ (which could be an option since I live less than 10 minutes from the seashore 😂) if my current situation depended only on the foreign currency I brought with me.
Community Peeps, have you ever had more time than money on your vacation? Well, there are a few things you can do to preempt your holiday going bust. When organizing your itinerary do the following,
- Set a budget for the duration of the retreat.
- Stick to the budget.
- If you think you might prolong your stay, at least have a financial buffer to withstand any incurred expenses for that period of time.
- Resolve not to get into debt, but rather go home and come again some other time.
So, have you ever run short of money on a trip? Share your experience and what you did to survive in the comment box below.
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