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Travelling has become an annual must-have experience for many people. After working hard across the year, we want to enjoy ourselves when we finally take a holiday. Many of us have been stuck within our borders for more than two years. As more borders are opening, we are seeing a surge in demand for people renewing their passports. We tend to spend more while travelling. So before we pack up and leave for our destination, let’s visit the combination of reasons why we spend more when we travel and how can we combat overspending.
Singapore Outbound Travel Statistics
In a 2016 study by Visa, Singapore is estimated to be the 7th highest spender on overseas travel. In the last household expenditure...