Friday, 22 December 2017
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Planning for a Vacation When You are Short on Funds
A vacation gives you respite from your taxing schedule and mundane life. While all of us love visiting new places, it is the financial situation which gives us a reality check and stops us from taking off. The next time you think you need a break to unwind but lack of money does not let you realize your plans, consider taking a travel loan.
A travel loan is basically a personal loan which is granted to individuals without any mortgage security. These loans have a higher rate of interest and are granted on the basis of the applicant’s credit score. There is also the option of choosing a secured loan against gold, property or any asset of value. Such secured loans have a lower rate of interest.
While a personal loan for Travel can help reduce the financial burden, there are several other ways as well that can help you enjoy your vacation at a fraction of the cost-
Backpacking
This is a fun way to enjoy your vacation without burning a hole in your pocket. You can enjoy your visit in the most rustic way while also trekking and camping in the lap of nature.
House Swapping
A common practice in Europe, house swapping allows travellers to interchange homes in order to experience living in a different city, state or country.
Working Part-time in Hostels
Backpackers have the opportunity to work part-time at the hostels and, in return, get free accommodation in the hostel.

About Arwind Sharma
Arwind Sharma, Currently residing in Gurugram, Haryana. I work as a financial advisor with a Fintech company and have an experience of more than 7 years in personal finance. Having worked with some of the topmost financial firms in India I developed a knack for writing and sharing my knowledge to help others. If you need help or suggestions regarding matters related to finance and investment, you can connect with me on social networking platforms
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