British holidaymakers run out of cash Compare Pre Paid
Said: “Going on holiday is an expensive business, and as this survey shows, when people land on foreign soil, it is as if all common sense disappears.“Despite setting realistic budgets for the week before jetting off, a large number of people then seem to go mad on holiday and overspend on food, drinks and excursions. Most Brits would think it crazy to spend over £500 during the course of one week at home, but for some reason, when on holiday this seems perfectly acceptable. It is only when people get home that the reality sinks in, and they have to pay the consequences.”
The poll suggests 35 per cent of holidaymakers simply visit the cashpoint to withdraw more money when they run out, while 25 per cent spend on their credit card. More than one in 10 people do a combination of both – and worry about how they’ll pay everything off later. Indeed, a third of people who choose to overspend on their credit cards when on holiday usually end up paying off their debts over a course of two and a half months.
