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Ready, set, relax: Prep your finances ahead of vacation

·2 min read

Nothing is better than counting down the final moments to vacation. But planning a trip, keeping track of all the details and getting ready to leave can be overwhelming.

Leading up to your next trip, use this travel guide to prepare so your adventure goes off without a hitch.

Read more: Keep your travel expenses on track with Ally Bank spending buckets.

Travel documents and financial preparations

Kick off a stress-free journey by making sure your travel and financial paperwork is up to date and easily accessible.

Important travel documents

Some paperwork serves as your primary form of identification while others outline important details for your trip:

  • Passport and visas: If applicable, check that you have a valid passport and any necessary visas. Most countries require that your passport be valid for at least six months beyond your intended travel dates, so make sure you have sufficient time to renew your passport if necessary.

  • Travel insurance policy: Having your travel insurance policy handy can make it easier to receive reimbursement in the event of a flight cancellation, medical emergency or other trip interruption.

  • Flight tickets and hotel reservation confirmations: Check-ins are more efficient when you have your confirmation documents ready to go.

  • Driver's license or ID card: Within the United States, you can fly with a valid REAL ID-compliant driver’s license or ID card. A license or ID may also be required for checking into your hotel or entering certain establishments, so keep yours on hand.

Kick off a stress-free journey by making sure your travel and financial paperwork is up to date and easily accessible.

Financial essentials

Having your money in order is one of the most important parts of both preparing for your trip and traveling.

  • Credit card for purchases and emergencies: You’ll likely need a credit card to book flights and hotels and to buy things while on your trip. In case of a travel emergency, a credit card can also be used as an extension of your emergency fund.

  • Local currency for small expenses: Ordering foreign currency from your bank before traveling internationally can help you avoid high fees, access better exchange rates and have cash right away.

  • Backup payment methods in case of loss or theft: Bring a variety of payment methods, like a credit card or small amount of local cash, so you have access to funds if one method fails, isn’t accepted or gets lost or stolen.

Pre-travel checklist: Final preparations

In addition to your finances, here are a few other final considerations before you go.

Home preparation

You may want to ask a neighbor to keep an eye on your house, collect your mail or water your plants while you're away. If you're a pet parent, make plans for their care during your trip (or take your furry friend along for the ride). Set timers for lights to deter burglars and secure your home as you leave, locking all doors and windows and setting alarms if you have them.

Travel arrangements

Before walking out your door, verify flight times and boarding pass details, and ensure all reservations are confirmed (hotels, car rentals, etc.).

Leave any stress at home

A well-prepared travel checklist ensures you have everything you need for a successful trip. Remember, the key to stress-free travel is in the details. By following this guide, you can focus on enjoying your journey rather than worrying about what you might have forgotten.

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