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One in three travellers busts budgets on holiday

One third (34%) of holidaymakers are going over budget early into their holiday, a new survey reveals.


While 82% of people set a budget, three quarters of them went beyond that some time during their holiday.


More than one in five (21%) admitted to going over budget by up to £299.


When asked how they would continue to spend on holiday, more than a quarter (26%) said they would call home to ask for money to be transferred into their account.


One in five are take between £200 and £299 as spending money for a typical seven-night holiday, according to the study by pre-paid payments firm Kalixa and Teletext Holidays.


A Teletext Holidays spokeswoman said: “We all want to go on holiday to relax and have a good time, but it’s important to keep in mind how much you’re spending.


“It’s easy to spend too much and find yourselves out of pocket and having to rely on a credit card or having to call home, which is what a lot of people seem to be doing.”


A spokesman for Kalixa Pay said: ”Our research shows an overwhelming tendency by Brits to embrace the holiday spirit while away, which is great, so long as splashing the cash doesn’t come at a cost to your personal finances when you return home.


“Proper planning, budgeting and knowing your finances are secure can help to ensure a well-deserved break is enjoyed with that all-important peace of mind.”

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