Don't let your holiday debt last longer than your suntan
As summer winds down in the UK and many look overseas for a last glimpse of sunshine, many women push debt to the back of their minds as they splash out on the perfect holiday look.
It has been estimated that this year alone, women will spend well over £7 billion on extras to make their holiday that little more special.
To accompany the new wardrobe which has been hand picked for the location, women will happily spend more than they can afford. Shoes, accessories and beauty treatments will be the cause of debt for many, as women go all out to look beautiful on the beach.
The average cost for this summer’s ensemble will be £300 per woman which will include essential finishing touches such as £30 for a waxing treatment, £20 on fashion jewellery, £30 for that sexy new bikini and £15 for that pair of sunglasses which look good with just about anything.
And it’s not just the ladies who overindulge at holiday time…
Men also spend at least £100 on a holiday makeover with many spending £30 on a chest and back wax along with £25 on the old barnet. Add to this, a new selection of shorts and T-shirts and some trendy sunglasses and the look is complete.
When the total cost of a week in the sun is calculated, the total debt before the holiday even begins, is an average of £545. This includes travel insurance, books for the journey and airport taxes.
Media coverage of celebrities languishing on sun-kissed beaches have made the Brits become more aware of their appearance and encourages them to spend more than ever to look good in the sun - but don't let it land you looking for a debt solution!
Budget your finances to see what you can realistically afford to go on holiday with. If your budget won't allow for a week in Spain in a hotel, consider a weekend in a Bed in Breakfast within the UK. You'll be happier knowing you are using your hard earned money for the holiday instead of borrowing it, and you won't have that dreaded debt waiting for you to walk back through the door!
Don't let your holiday debt last longer than your suntan.
