FairFX Publicity > Holiday costs Related Posts
An interesting article published on Firstrung today mentioned that 57% of people have been forced to slash how much they are willing to pay for their holidays.
Our chief executive Stephen Heath said: "As the credit crunch continues to bite, and the cost of living spirals upwards, Brits have been forced to slash their holiday spending. Understandably, basic housekeeping costs are a bigger priority for families, but many people will be disappointed to have to cut back just when they could do with a little sun and relaxation."
More information about the FairFX Currency Card here: US Dollar exchange rates
Thursday 17 July 2008, 09:39am
Easier.com published an interesting article today asking whether or not summer holidays are a financial washout.
In it, our chief executive Stephen Heath said: "As the credit crunch continues to bite, and the cost of living spirals upwards, Brits have been forced to slash their holiday spending. Understandably, basic housekeeping costs are a bigger priority for families, but many people will be disappointed to have to cut back just when they could do with a little sun and relaxation.
"Holidaymakers could be paying as much as 11 per cent more for foreign currency if they leave it until they get to the airport compared to organising beforehand.
"Brits who need to stretch their holiday money as far as possible due to the high cost of living and continued credit squeeze should think about using a pre-paid currency card. For example, they would be able to get seven to 11 per cent more for their Pound using a FairFX.com card compared to waiting and buying their foreign cash at the airport."
Monday 14 July 2008, 09:46am
Moneywise published an interesting article today which mentioned that holidaymakers face a penalty up to 3% every time they use their credit and debit cards abroad as foreign usage charges get more expensive.
In the article our Chief Executive Stephen Heath said: "Most providers rely on the fact holidaymakers will be in a complete rush when preparing for a trip abroad, and either fail to organise currency before they get to the airport or opt to use credit or debit cards for their foreign spending.
“Our analysis shows to what extent this approach could be costing travellers dear.”
This quote also appeared in the Guardian.
Sunday 25 May 2008, 03:54pm
Latest 'Holiday costs' Posts
17 July 2008, 09:39am
14 July 2008, 09:46am
25 May 2008, 03:54pm
Monthly 'Holiday costs' Archives
2008
July (2 entries)
May (1 entry)
