Festive Travel Hacks: Tips for Stress-Free Festive Holidays

After working for most of the year, the festive season offers us the chance to leave our worries behind and embrace true freedom. While some of us like to travel with a group of friends or loved ones, others yearn to go on solo trips to find themselves. However, the one constant niggle we have at the back of our minds pertains to the costs we incur. While travelling to rediscover our passion or joy for something sounds like a dream, financing the trip can often be a nightmare.

However, with proper research and due diligence, you can take your dream vacation without feeling the financial burden. Certain travel hacks, long deciphered by avid travellers, help you easily pay for your vacation. For example, with a personal loan for travel, you can visit Europe, the United Stations, or any exotic location without feeling the cash crunch.

That said, let us look at some festive travel hacks that guarantee stress-free festive holidays.

Set price alerts and book flights ahead of time

First and foremost, most people do not know how to book flight tickets at the right time. Instead, they choose dates when the flight prices are at their peak. This results in expensive ticket prices. Instead, you can set price alerts and book tickets at least two months in advance to enjoy lower flight prices.

You can seamlessly pay for the flights by availing of a Personal Loan ahead of time. This lets you pay for the flights without waiting to accrue the funds; if you wait until you have saved up enough cash, you may have to pay higher ticket prices. Another tip is to search for flights in “Incognito Mode”, as travel websites often use cookies to increase prices based on a customer’s actions on the site.

Choose hostels and private rentals

If you often book hotels from travel websites, consider opting for hostels and private rentals (through websites like Airbnb) instead. There are several such websites that offer private rentals, including stays in offbeat destinations, which can otherwise prove costly. You can book such stays in advance to take advantage of cheaper prices.

Private rentals also typically provide access to ‘experiences’, which are popular things to do in those specific places. You won’t have to pay much, and you can experience local culture and partake in activities that aren’t expensive. Most travel websites also allow you to stay with ‘hosts’ — homestays are becoming increasingly popular among travellers, as these are extremely affordable while providing a unique experience.

Search for special hotel promotions

If you prefer staying in hotels, sign up or search for special hotel promotions. Certain hotel chains advertise and promote a free night’s stay if you book the room for a specific number of days. You can also sign up for newsletters of hotels ahead of time to ensure you are privy to such promotions.

You can also search for specific promotional perks. For example, while most hotels offer free breakfast, some places might also provide complementary high tea or free activities. This allows you to get your money’s worth. You can pay for such hotels by availing of a personal loan for travel.

Choose less popular destinations

Most of us book popular destinations during the peak travel season, and that too at the eleventh hour. However, if you really want to get the best bang for your buck, choose less popular and offbeat destinations. Such destinations often provide better value for money, and you won’t be thronged by tourists on the streets. Whether you plan to travel in India or abroad, there are several such places that still remain hidden gems.

If you wish to travel overseas, there are several countries that offer visa-free entry for Indians up to a certain period. While the most common ones are popular tourist destinations, you can opt for relatively unexplored or less popular places for your holidays.

Free tours by public transport

Several popular tourist destinations provide free tours by public transport, allowing tourists to take in the local culture without charging anything. If you wish to spend the day outdoors, you can opt for such tours. Alternatively, you can take all-day passes and travel via buses or monorails. These passes do not cost much, and if you intend to travel the entire day, these can prove to be cost-effective.

You must do your research ahead of time to apply for—and avail of such passes. By applying for the Personal Loan, you can have the funds to properly plan and organise your trip. This ensures stress-free holidays for you and your loved ones. You can also shop for your trip by browsing products and purchasing items on Easy EMI using your EMI Network Card.

Planning a stress-free holiday to get away from the rigours of everyday life is no longer difficult. By availing of a personal loan for travel, you can plan your trip without worrying about the cost implications. These loans come with highly competitive interest rates and long tenures, so repaying the amount in EMI won’t overburden your finances.

To apply for a loan, you can visit the Bajaj Finserv website or download the App. Moreover, you can shop for your trip with the EMI Network Card, you can buy products on Easy EMI from 1.5 lakh+ partner stores. You can implement the travel hacks mentioned in the article and enjoy your festive holidays with your loved ones.

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Calculate your potential mutual fund SIP returns quickly: Get the App!

In the world of investments, understanding the potential returns on your investments is crucial for making informed decisions. Systematic Investment Plans (SIPs) in mutual funds offer a convenient way to invest regularly and build wealth over time. With the Bajaj Finserv app, you can calculate your potential SIP returns quickly and make informed investment decisions.

This article explores what mutual fund SIPs are, their benefits, and features, and how you can calculate your potential SIP returns step by step.

What is a mutual fund SIP?

A mutual fund SIP is a method of investing a fixed amount regularly in a mutual fund scheme. Instead of investing a lump sum amount at once, SIPs allow investors to invest small amounts periodically, typically monthly or quarterly. SIPs offer a disciplined approach to investing and benefit from rupee cost averaging and the power of compounding.

Suppose you decide to invest Rs. 5,000 every month in an SIP. Regardless of market conditions, you invest this fixed amount regularly. When the market is low, your Rs. 5,000 buys more units, and when the market is high, it buys fewer units. Over time, this strategy averages out the purchase cost of units and reduces the impact of market volatility on your investments.

How mutual fund sip returns can be Beneficial?

  1. Disciplined Investing: SIPs instil discipline by encouraging regular investments, helping you build a habit of saving and investing.
  2. Rupee Cost Averaging: SIPs allow you to buy more units when prices are low and fewer units when prices are high, averaging out the cost of purchase over time.
  3. Power of Compounding: By starting early and staying invested for the long term, you can benefit from the power of compounding, where your money earns returns on both the principal and the returns generated.
  4. Convenience: SIPs offer convenience, as you can automate your investments and avoid the need to time the market.
  5. Goal-based Investing: SIPs can be aligned with specific financial goals such as buying a house, children’s education, or retirement planning. By investing regularly through SIPs, you can work towards systematically achieving these goals.

Tools offered by the Bajaj Finserv app

  • Lump Sum Calculator: The Bajaj Finserv app often provide a lump sum calculator that allows you to calculate the potential returns on a lump sum investment in a mutual fund.
  • SIP Return Calculator: The Bajaj Finserv app offer an SIP return calculator that helps you estimate the potential returns on your SIP investments based on various parameters such as investment amount, SIP duration, and expected rate of return.

Steps to calculate potential mutual fund SIP return

  1. Select the SIP investment amount: Decide on the amount you want to invest in the SIP regularly.
  2. Choose the SIP duration: Determine the duration for which you intend to continue the SIP.
  3. Estimate the expected rate of return: Based on historical performance and market trends, estimate the expected rate of return on your SIP investments.
  4. Calculate the future value of SIP investments: Use the SIP calculator on the Bajaj Finserv app to calculate the potential future value of your SIP investments.
  5. Review and adjust: Review the calculated SIP returns periodically and adjust your investment strategy if needed to achieve your financial goals.

Conclusion

By following these steps and using the The Bajaj Finserv app, you can quickly calculate your potential mutual fund SIP returns and make informed investment decisions. Start your SIP investment journey today on the Bajaj Finserv app and achieve your financial goals with ease. With over 1000 mutual fund schemes listed on the Bajaj Finserv platform, its quite easy to choose mutual fund schemes which may fit your investment needs.

The process of KYC and its importance

KYC stands for Know Your Customer. KYC is the first step while going for banking or investment. It is the basic step to be done by the investors. KYC brings establishment in the identity of the investor. It is the same as the confirmation of documents of the customers. KYC helps in believing the system that he is the same investor who is availing the service. According to government rules and regulation, there are several documents that the customer needs to submit at the time of hiring the service for the confirmation of the customer’s identity proof. Address proof and banking proof are also required in some casesContinue reading “The process of KYC and its importance”