Almost two thirds of the 6.5m Brits heading off on holidays abroad have money worries
Almost two thirds of the 6.5m Brits heading off on holidays abroad over the next month are worried about not having enough spending money, according to new research.
Researchers for first direct bank found that 63% of UK holidaymakers say their biggest worry is not having enough cash to spend. That is more than are worried about food poisoning, their pets being ill while they are away, or their home being burgled.
Six out of ten holidaymakers (61%) say they will be keeping an eye on their bank balance while abroad, and 58% expect to return home feeling guilty about how much they have spent.
Adding to Brits’ preoccupation with holiday finances rather than having a good time, the survey also found that:
• 65% fret about having a debit or credit card stolen
• Two thirds (64%) lose sleep about accidentally losing cash abroad
• Six in 10 worry about credit and debit cards being blocked or rejected during their trip
• More than half ( 52%) are anxious about being able to find an ATM on holiday
• Four in ten (39%) worry about arguments with their partner about money while they’re away
To combat these money worries, almost half (48%) of Brits – rising to 75% of millennials –going abroad this summer claim to have planned every detail of their holiday, with most saying they do so to make sure they stay within budget.
