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This is Money Podcast

Out of the holiday loop? Our overseas summer travel special - top tips for a successful trip

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1650 Ratings

🗓️ 29 July 2022

⏱️ 56 minutes

🧾️ Download transcript

Summary

This summer has seen travel demand rebound and for many, it could be their first overseas jaunt since before the pandemic.

For that reason, there may be some rusty holidaymakers out there. But fear not, Lee Boyce, Helen Crane and Georgie Frost are at hand to help get you in the holiday mood (kind of).

They talk about what you need to think about before a trip, from sorting out your passport with plenty of time to why it is imperative to have good quality insurance. It may not be sexy, but it is vital.

Then, while you're away, what to think about in terms of spending money and little tips and tricks to save cash.

We also ask if the days of cheap flights are over thanks to fuel price rises, whether chickenpox just before you go away means an automatic refund and more pearls of wisdom from decades of travel experience.

Elsewhere, there are dire pension warnings linked to inflation. A new study believes that fewer than two in five households will be on course for a decent retirement due to the soaring cost of living. What can be done about it?

And a large factor of that soaring cost of living is energy bills. Next month, we'll fully know just how high the price cap will head.

Many are facing bill rises that they simply cannot afford. One part of the cost that is a real bugbear for many are standing charges. What are they and why can they not simply be cut?

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to This Is Money podcast. I'm Georgie Frost and joining me and Deputy Editor Lee Boyce.

0:07.2

Today is Assistant Ed to Helen Crane. And coming up are the days of cheap holidays over? That's if you can get abroad.

0:14.4

Passport office chaos is causing misery for wannabe travellers. We take a look at sky-high drop-off charges, share some of our best

0:21.3

pearls of holiday wisdom, and Crane is back on the case. This time, it's a holiday ruined by chickenpox.

0:28.5

Away from travel, and we take a look at inflation's impact on our pensions and ask, is it time to

0:33.4

scrap standing charges. Don't forget you to update with all the latest breaking money news,

0:38.4

just go to this ismoney.co.com.com or download the app.

0:42.9

Market updates and conversations around the financial world don't have to be boring.

0:47.2

The Digest and Invest podcast by Eatoro is a great way to tune into what's happening

0:51.4

in a fun and easily digestible format.

0:55.3

Discover the Digest and Invest podcast at Eutoro.com forward slash academy forward slash podcasts. But first, summer holidays

1:01.3

have once again been thrown into chaos. Cancellations, delays, cues, confusions at airports,

1:06.8

railways crossing the channel and at the passport office. But staffing in COVID to one side for now, there are plenty of evergreen issues that can impact your holiday and spending.

1:16.6

So we'll be dishing out our top travel tips shortly.

1:20.6

But first, I want to ask, as many are at the minute, are the days of cheap holidays over?

1:26.6

Do you remember there was a sale?

1:29.2

I think it was last year, was it?

1:31.3

For $799, $9.99?

1:35.1

Are we ever going to see the likes again?

1:38.7

Ryanair warning that soaring fuel cost means the era of bargain flights is at an end.

1:45.5

There are also the latest airlines hit out airports for this ongoing travel chaos. So, me, boys, is that it? Is that the end

1:52.7

for bargain holidays? How a flight is so cheap? I don't think I ever got one for like $7.99.

...

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