Friday, 24 January 2014

Francis' Independent Learning Log

T1W3
23/1/14
8:15—9:15
Source: http://sg.finance.yahoo.com/news/5-common-money-saving-tips-160000914.html

What I did:

I went to read up on a news article on Yahoo! talking about how to save money when going to vacation trips.

What I learned:

New Words:

skimp: expend or use less time, money, or material on something than is necessary in an attempt to save
e.g.: don't skimp on insurance when you book your holidays.

fringe area: (often the fringes) the outer, marginal, or extreme part of an area, group, or sphere of activity
e.g.: his uncles were on the fringes of crooked activity.

obsolete: no longer produced or used; out of date
e.g.: the disposal of old and obsolete machinery

Not So Short Summary
Common money saving tips might get you to spend more and become angry. Try not to go for the cheapest hotel that is available in that area but go for the hotels which has the best reviews but still cheap as sometimes cheapest hotel is so unbearable that you cannot have a good night rest. 
Moving on, try and not skip travel insurance as god knows what is going to happen to you. You might have to call an air ambulance, which can easily cost you a 5 digit number, to get you out of your situation. What if the doctors there are expensive? You will feel much safer with travel insurance.
Furthermore, people think that group tour packages are more expensive which is wrong. Tour operators can find cheaper hotels and can see more places and have a overall cheaper cost.
Moving on, people sometimes think that uncommon travel methods and lodgings will save money but it does not let you see the good attractions. You might have saved some money but in the end, you would have wasted more time on travel and not seeing any attractions at all. If you sleep in the hotel which is in a fringe area, you would have wasted so much time trying to go into town.
Finally, sometimes people use the old guidebooks as they are cheaper, it is not the case as old guide books are outdated and sometimes the places mentioned there are closed or the prices have changed. It is dangerous for one to depend on the guidebook when crossing borders as the rules might have changed. Its just a 10-20 more to spend on a new guidebook when you have a vacation that is thousands.

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