Make the most of your money on holiday with simple tips

When it comes to holidays, going international can be pretty expensive. According to research by HSBC UK, Britons often find themselves incurring added costs on their holidays that they have not planned for.Holidays may be the time to sit back and relax, but due to the cost of living crisis, many Britons are finding themselves tightening their purse strings even on their travels.A poll by HSBC UK, which surveyed 2,014 adults, found that 66 percent have changed their way of holidaying due to the cost of living crisis.27 percent have a stricter travel budget these days, and are less likely to splurge.And many are swapping summer travel for winter sun, with 20 percent of people surveyed opting to travel out of season.READ MORE: Britain’s biggest airports snubbed as smaller sites soar ahead Make the most of your money on holiday plus three hidden costs 90 percent of us forget (Image: Getty)October was found to be the most popular month for jetting abroad for out of season, money-saving travel.But despite these decisions, well over half – 65 percent – are still reportedly being caught out by financial blindspots.One in 10 have made purchases abroad in GBP, which is more expensive than local currencies.Six in 10 said they incurred fees for cash withdrawals and debit card transactions the last time they travelled overseas.DON’T MISSZara Tindall loved key style trend – but Camilla will never try it [INSIGHT]Aldi is the UK’s first supermarket to introduce brand new initiative [LATEST]Charles’ coronation may be ‘cancelled’ amid royal ‘crisis’ – claims [ASTROLOGY] Luggage fees, hotel excursions and room taxes can prove to be expensive additional costs (Image: Getty) Baggage allowances for major airlines (Image: EXPRESS)At your destination, HSBC recommended that travellers pay in the local currency, and refrain from keeping all their money in one place.Setting a reasonable budget is also important so travellers don’t come home with any financial woes and worries.If you budgeted well and return home with some leftover money, hold onto the currency if you plan on travelling there again soon.For those staying put for now, you can exchange your foreign currency back into pounds.