Tips and Feedback

Travel Money Card

What a smart idea.  I am quite sold on the idea of getting a Post Office Travel money Card, which was launched in June 2006 by the British Post Office.  It makes sense to me to have a ‘holiday money card’.  It means that I won’t have to carry my other credit cards with me.  

I was pick-pocketed in Paris a few years ago and it was a nightmare trying to cancel all my credit cards from abroad.  This money card means I can transfer ONLY my holiday money into the card and if the card is lost or stolen I don’t have the hassle of having to sort out the rest of my cards.  The holiday money card has the same security as traveler’s cheques so it seems to be quite safe method of taking ‘cash’ with you.  

The best part for me is that I can control my holiday spending.  If I only have X amount of money in the travel card for my holiday and I have no other cards with me, temptation to dip into credit won’t be possible.  A daily budget will work brilliantly with this money card. The only cash I would take with me is the little I need for the trip itself.  If you don’t want to be searching for a bureau de change or a cash machine the minute you arrive then take a look at the advice on pinkfridge about currency exchange.

Angela

Travel Insurance

With the latest terror scare at Heathrow, it is wise to make sure you have adequate travel insurance.  One of the benefits of travel insurance is that if your flight is cancelled, the insurance will cover the costs – that is, if you have taken out the right travel insurance.    

 

Pinkfridge has a section on travel insurance.  This section will outline what you need to look out for when taking out Travel Insurance.    

 

British travelers are better off taking out annual travel insurance because they tend to do far more spontaneous traveling nowadays than ever before.  With all the low cost airlines and last minute deals, Brits have become accustomed to just hopping over to the continent and back again for a Weekend Break.  They are also becoming a little blasé about travel insurance.  I wonder how many people were caught off guard recently with the situation at Heathrow?      

 

Don’t get caught without travel insurance.  It’s a pain in the butt if you need it but don’t have it and it only takes a few minutes to organize either on the telephone or over the net.    

 

Tell us your thoughts?    

 

Angela

Travel Insurance

If you are one of those sceptical people who don’t believe that travel insurance is a worth while investment, maybe you should read up a bit more on the topic.  In the last year alone I have personally known of two families (people I know very well) were Travel Insurance has been a saving grace.  It has been a lesson for me as well because I have not really placed much value on Travel Insurance in the past.  In both cases the people involved required things like expensive air travel back home with qualified medical staff having to fly with them and in the one case a 12 year old had to be air lifted off a mountain top in some pretty extreme weather conditions.  Had they not been insured, it would have cost them a fortune and I dont believe that either family had the kind of money laying around to pay for those services at the time.

Pink Fridge offers some valuable advice for Travellers including Travel Insurance.  We also cover issues like Currency exchange and Security when travelling.

If you are going on a skiing holiday, I believe that Travel Insurance is a must.  Insurance is vital in my opinion because skiing is an extreme sport and the chances of being injured are much greater than if you are just going on a sight seeing or sun tanning holiday.  Don’t forget that normal Travel Insurance does not cover any extreme sport like skiing.  You must specify that you want to be covered for extreme sport.

Let us know if you want more information?

by Angela

Travel Finance Post

We will start to add tips, advice and the latest updates from the 9th of May 2006 - this post refers to the Pink Fridge section of the main site here - http://www.pinkfridge.com/t_finance/