Travel saving tips

image
Print Friendly

Spending time away from home may be something you consider as a ‘treat’ during the summer months, but if you are retired and can travel at other times of the year, you could save yourself some money.

Going away for a longer period of time during the winter months may not only be good for your wallet, it might be good for your health too. For example, conditions such as arthritis and asthma are known to improve in warmer climates, so avoiding the harsh British winter might make a difference to your quality of life.

Spain is an obvious choice due to the warm climate, short and cheap flights, and the fact that its lower cost of living means pension pounds will stretch further than they do at home. In addition, the Spanish government is also delivering the Europe Senior Tourism Program in the coming year, which is aimed at courting the over 55s to choose Spain as their holiday destination.

But how can you save yourself money while spending time away from home? We will look at Spain as an example:

  1. Home swaps

Home swaps allow you to stay in someone else’s home abroad while they stay in yours in the UK. Sites such as lovehomeswap.com and HomeExchange.com, which has more than 5,500 active retirees around the world looking to swap properties, enable you to spend time away for the price of the airfare. There are numerous advantages, including having someone at your home taking care of it while you are abroad.

Ed Kushins, CEO of HomeExchange.com, said: “Except for getting there, a home exchange does not cost any more than staying home. HomeExchange.com allows seniors to search peers around the world who share the same values – exchange partners also sometimes become lifelong friends.”

For £100 as an annual fee on HomeExchange or a minimum of £12 per month on Love Home Swap, you can make as many swaps as you like with others on the site. The latter allows you to swap – and with more than 60,000 listings in as many as 160 countries, there are plenty of options to choose from.

  1. Renting

Renting a property longer term works out far cheaper than going away for a week or two at a time. For example, a quick search on Kyero.com brings up more than 8,000 properties for long-term rental in Spain, with one three bedroom, two-bathroom villa in La Romana available for just €450 per month. Extend your stay for more than a month, and the chances are you can negotiate and get an even better deal. But remember to look at your home insurance if you extend your stay, as most policies have restrictions about the property being empty for more than 30 or 60 days at a time.

  1. Reduce your winter fuel bills

The Energy Saving Trust estimates that reducing your home temperature by just one degree will save you as much as £55 a year. So if you consider that keeping your home at a reasonable 18 degrees while you are there, or a minimal 10 degrees while you are away to prevent the pipes freezing, you could potentially save more than £400 – enough to pay for a month away in sunnier climes.

Any Winter Fuel Payment could also be used to fund time away, with a minimum of £200 going to anyone born on or before 5 July 1952.

  1. Enjoy a lower cost of living

Spain has a lower cost of living than the UK, which can help your pension go much further. For example, according to Numbeo.com a meal in an inexpensive restaurant in Alicante will cost less than £7, with a regular cappuccino coming in at £1.18, and a litre of petrol costing just 94p. In fact, if you spend the equivalent of €1,000 in London including rent, you would be able to enjoy the same standard of living in Alicante for just €425 according to Numbeo.com.

Having a pension paid in pounds is a real advantage at present, as at the time of writing the pound was at a seven-year high against the euro, and worth around €1.35 according to data from international money transfer specialist Moneycorp.

  1. Avoid paying for a summer holiday

If you are spending winter months in the sun, then the chances are you will be less likely to want to travel in the British summer, when you would be paying a premium for everything from flights to holiday lets.

For example, a family holiday – two adults and two children – will cost around 48% more during the summer holidays as it would in September, and could be as much as 145% more expensive according to research last year from Santander Credit Cards. While the over 50s may not be travelling with the family, they would still be facing the same travel premiums during peak times.

 

Disclaimer 

The contents of this article are for reference purposes only and do not constitute financial or legal advice. Independent financial or legal advice should be sought in relation to any specific matter. Articles are published by us without any knowledge or notice of the circumstances in which you or anyone else may use or rely on articles or any copy of the information, guidance or documents obtained from articles. We operate and publish articles without undertaking or accepting any duty of care or responsibility for articles or their contents, services or facilities. You undertake to rely on them entirely at your own risk, and without recourse to us. No assurance of the quality of articles is given or undertaken (whether as to accuracy, completeness, fitness for any purpose, conformance to any description or sample, or otherwise), or as to the timeliness of the publication.

The following two tabs change content below.

Alison Steed

Alison is a highly-respected commentator on personal finance issues and an accomplished writer, editor and broadcaster, having worked on The Daily Telegraph’s personal finance desk for nearly seven years from 2000 to late 2006, becoming the deputy personal finance editor in 2004. After going freelance in late 2006, she has continued to maintain a notable presence in the national press and on both television and radio, writing for The Times, The Sunday Times, The Daily and Sunday Telegraph, the Daily and Sunday Express and The Sun. She has also made a number of appearances on TV and radio, including numerous appearances on Sky News, the Jeremy Vine Show on BBC Radio 2, and was the financial journalist behind the hit Channel 4 personal finance show Superscrimpers for the first five series. She has won eight awards for her writing, including Personal Finance Journalist of the Year from the Association of British Insurers four times in a row, which is still a record. She has also received the Living Legend award from Help the Aged in recognition of the campaigning work she has done on the issue of the mis-treatment of older people who need long-term care.

Not a member?

Join the silversurfers community today! It's free, easy to do, and is packed full of features and amazing offers!

Join the community!
Click here if you have forgotten your password
SandraN
4th Mar 2015
0
Thanks for voting!
I have been a member of Home Base Holidays fir six years and we have had about 20 home swaps both in the UK and overseas. There are many advantages not mentioned in this article and for me one of the most important is having a well equipped kitchen in which to prepare the food I will so have enjoyed buying. In Barcelona it was lovely to shop in the markets and know it was worth buying everything that tempted me.

Your "hosts" can give you great tips about where to eat, what to do etc..

Finally, you might really enjoy staying somewhere you'd never thought of. As Londoners we had always thought of Oxford as a day trip destination but we loved living there for a week.

Community Terms & Conditions

Content standards

These content standards apply to any and all material which you contribute to our site (contributions), and to any interactive services associated with it.

You must comply with the spirit of the following standards as well as the letter. The standards apply to each part of any contribution as well as to its whole.

Contributions must:

be accurate (where they state facts); be genuinely held (where they state opinions); and comply with applicable law in the UK and in any country from which they are posted.

Contributions must not:

contain any material which is defamatory of any person; or contain any material which is obscene, offensive, hateful or inflammatory; or promote sexually explicit material; or promote violence; promote discrimination based on race, sex, religion, nationality, disability, sexual orientation or age; or infringe any copyright, database right or trade mark of any other person; or be likely to deceive any person; or be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence; or promote any illegal activity; or be threatening, abuse or invade another’s privacy, or cause annoyance, inconvenience or needless anxiety; or be likely to harass, upset, embarrass, alarm or annoy any other person; or be used to impersonate any person, or to misrepresent your identity or affiliation with any person; or give the impression that they emanate from us, if this is not the case; or advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse.

Nurturing a safe environment

Our Silversurfers community is designed to foster friendships, based on trust, honesty, integrity and loyalty and is underpinned by these values.

We don't tolerate swearing, and reserve the right to remove any posts which we feel may offend others... let's keep it friendly!

More Travel

MASTA – Over 170 Travel Health Clinics across the UK picture_with_pot
MASTA has over 30 years specialist travel health experience with more than 170 travel health...
How to choose the best airplane seat Seats And Folding Table.
Where you sit on a long airplane journey has the power to turn your flight into something of...
Discover the UK's best beaches Blue sea and sky Watergate Bay Cornwall England UK Cornish north
Who says you need to stray far from home to enjoy the sand and sea? There are amazing beaches...
What to pack in your hand luggage Hand Luggage
When opting for cabin baggage only, it isn’t always clear what we can and can’t take onto the...
Plan an American Road Trip Route 66 sunset
From driving the Pacific Coast Highway to exploring the iconic Route 66, many travellers dream of...
Travel tips when your mobility is limited silhouette disabled man looks into the distance
Travelling with a disability can be a daunting prospect, but there’s no reason restricted...
Discover Scotland’s Malt Whisky Trail Whisky Distillery
Set against the dramatic background of the Scottish Highlands, the Malt Whisky Trail is the only...
TripAdvisor’s Top Rated British Attractions Arthur's Seat is the main peak of the group of hills which form most of Holyrood Park. It is situated in the centre of the city of Edinburgh about a mile to the east of Edinburgh Castle. The hill rises above the city to a height of 250.5 m (822 ft) provid
For many travellers, TripAdvisor is an indispensable tool for finding everything from local...
Accessible days out AccessibleAttractions
Our desire to travel and explore doesn’t diminish as we age, but if mobility is limited it can...
Things to do in the Lake District Lake District
Famed for being one of the most scenic destinations in Europe, the Lake District is teeming with...
Plan next year's holiday now Senso-ji Temple At Asakusa Area In Tokyo, Japan
Does the winter weather have you dreaming of your next holiday? You're not alone ...
Tips for nervous travellers Airport Terminal
Flying off to foreign lands and exploring faraway places can be an incredibly enriching experience...