Those planning a gap year abroad need to carry out the proper research and preparation when it comes to their finances, an expert has said.
Gap year travellers need to conduct the right research before heading abroad to ensure their finances hold up during their time away.
This is according to STA Travel product director Ian Swain, who says that those going on a gap year overseas need to take into account all of the costs of their trip and prepare a budget before jetting off.
He recommends that travellers make sure they have about £1,000 a month to live on after meeting costs such as flights,
gap year travel insurance, tours and passes - although this amount can fluctuate depending on the destination.
"We always tell people to lay out the clothes and money they are planning to take, then halve the clothes and double the money," Mr Swain comments.
Accountancy firm Grant Thornton recently advised students going on a gap year to ensure they look into tax rules as they may be eligible for a tax rebate.
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