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Funding Your Dream Trip: 5 Tips to Pay for Travel Expenses

You are aspiring to embark on a dream vacation but find yourself confronted with the complexities of managing travel expenses? This is your perfect guide to navigating travel expenses when planning for your next trip.

3 mins read
1st February 2024
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Leatherback Content Team

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You've finally made it to your dream travel destination, Dubai, for an occasion. But the moment you touch down at the airport, reality slaps you in the face – you need to exchange your hard-earned foreign dollars for United Arab Emirates Dirhams.

You had heard that airport currency exchange was supposed to be a piece of cake, a walk in the park. Yet, as you approach the counters, it dawns on you that they've run out of AED right before your turn.

As Saint Augustine wisely said, "The world is a book, and those who do not travel read only one page." If you ask anyone about their bucket list, you'll find that a good chunk involves seeing the world.

Reflecting on the situation depicted above can dampen the excitement you'd initially built up. But don't despair because this article is here to be your travel guardian.

You are aspiring to embark on a dream vacation but find yourself confronted with the complexities of managing travel expenses? This is your perfect guide to navigating travel expenses when planning for your next trip.

In this article, we'll unveil the five crucial tips you need to remember to help you pay for travel expenses and different places to explore in the world.

Worried About Travel Expenses? Here are 4 Tips To Help You  

1. Create a travel budget: This is a crucial step in your trip-planning process, as it helps you save the necessary funds and prevent overspending. When creating your travel budget, you must account for various expenses, including airfare, accommodations, transportation, meals and beverages, activities, and souvenirs.

To create your budget, begin by listing all the items you'll need for your trip. Take your time to pay attention to all essential expenses, big and small. Include the estimated cost for each item on your list. This means considering all potential expenses, from major bills like airfare and lodging to smaller expenditures.

Once you've thoroughly examined your budget and itemised your costs, you'll understand the financial requirements for turning your dream trip into a reality. The next step involves planning for these payments. 

2. Own a multi-currency account: Imagine finding yourself in a tricky situation like the one we described earlier. What's your game plan? To usher you into the good life you deserve on your trip, the Leatherback App is just what you need. 

With the SendR solution on Leatherback, you can swap your dollars for the local currency, like AED, on the fly. SendR is the Leatherback child product that will help you send funds in any currency you prefer. With SendR, you can send funds easily in your available currency, and the beneficiary will receive the funds in the currency of their choice.

You have access to over 15 different currencies right there on the app. With this, you no longer need to queue up at the airport and have your hopes shattered. You can now pay for taxis, food, or hotels easily. There will never be a need to worry about how to pay for travel expenses with Leatherback.

3. Get to Know the Local Currency: Before you head out on your international journey, take a moment to familiarise yourself with the currency they use in your destination and how it converts from your home currency. You can do a quick online search or use a user-friendly currency converter app to see how much your money is worth there.

Leatherback makes this a breeze. Just hop on our platform to check out our competitive exchange rates. We update them regularly to ensure you're always getting the best deal. It's your ticket to smart financial choices while on the go.

4. Keep an eye on your expenses: Maintaining a close eye on your expenses during your trip is essential. While you're travelling, make a daily record of your expenditures. If you happen to overspend on one particular day, you must be prepared to reduce your expenses on another day to balance it out.  This approach ensures you don't deplete your funds prematurely, allowing you to continue enjoying your trip until the end.

For a convenient and efficient way to monitor your daily spending, consider using the Leatherback App. Our app provides insightful analytics that displays your daily expenses, making it easier to manage your budget while on the go. 

You can closely monitor the inflows and outflows in your multi-currency account and access your account balances directly from the account dashboard. 

Must-Visit Destinations to Include in Your Travel Plans

Now that you're equipped with the tools to finance your dream trip using the Leatherback mobile app, let's explore some special destinations to consider for your next adventure.

1. Paris, France (Europe): Explore iconic landmarks like the Eiffel Tower and Louvre Museum. Stroll along the Seine River and indulge in delectable French cuisine.

2. Kyoto, Japan (Asia): Enjoy traditional Japanese culture by visiting historic temples, and serene gardens, and participating in tea ceremonies. Don't miss the beauty of cherry blossoms in spring.

3. Marrakech, Morocco (Africa): Get lost in the vibrant souks, marvel at the architecture of Jardin Majorelle, and experience the lively atmosphere of Jemaa el-Fna square.

4. Rio de Janeiro, Brazil (South America): Experience the breathtaking views from Christ the Redeemer, and relax on the famous Copacabana Beach, accompanied by the vibrant energy of Carnival.

5. Sydney, Australia (Oceania): Visit the iconic Sydney Opera House, explore the Sydney Harbour Bridge, and relax on Bondi Beach. Take a day trip to the nearby Blue Mountains for stunning landscapes.

6. New York City, USA (North America): Discover the bustling Times Square, walk through Central Park, and explore world-class museums like the Metropolitan Museum of Art.

7. Cape Town, South Africa (Africa): Witness the stunning landscapes of Table Mountain, visit the historic Robben Island, and explore the Cape of Good Hope.

8. Rome, Italy (Europe): Immerse yourself in the rich history of the Colosseum and Roman Forum. Throw a coin into the Trevi Fountain and savour authentic Italian cuisine.

9. Machu Picchu, Peru (South America): Trek to the ancient Incan city of Machu Picchu, nestled in the Andes Mountains, for a truly awe-inspiring experience.

10. Queenstown, New Zealand (Oceania): Engage in outdoor adventures like bungee jumping and hiking. Enjoy the breathtaking landscapes of Lake Wakatipu and the Southern Alps.

These destinations offer a diverse range of experiences, from historical wonders to natural beauty, ensuring that there's something for every type of traveller.

From making payments for the best flight deals through the Leatherback multi-currency accounts, Leatherback makes travel funding a seamless experience. Travel these incredible destinations with confidence, knowing that Leatherback has you covered every step of the way. Bon voyage!

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