How to Save Money and Time while Traveling for Business?

time and money saving tipsIs yours a field job that requires regular trips inside and outside the country? Traveling for business is something which cannot be avoided. Be it for delivering lecture at conferences or to attend events or to meet new clients, a business trip always adds things to work, from an expansion in businesses to a new experience, unforgettable memories and a fresh perspective.

Regular travel may become monotonous or tiring for some. At the same time it is also time consuming and may end up heavy on your pocket, especially if the trip didn’t go as planned and brought in nothing.

For such business trips, there are a few simple ways to reduce the amount of money spent, over and above the travel allowances that you get from the company or the client.

  • Use cards for payments

Heavy transaction costs are levied on cash payments if you are traveling abroad. Use credit or debit cards to avoid this. On card transactions too some amount of international charge is applied but this can be controlled by calling up your bank before leaving the country and informing them about your plans so as to avoid paying extra charges.

  • Layer up

This may come off as an odd way to save money but it surely is effective. Wear layers of clothing. When it gets too warm outside and if you are wearing a tank top beneath your top then you will save yourself from the unwanted expense of shopping. Similarly if you wear a full sleeves t-shirt then you are all set if it gets chilly outside. That is how the layers are going to help you in your journey.

  • Pack light

The easiest way to save time is to pack light by carrying only on board luggage. Thereby you won’t have to wait each time for luggage at the arrival.

  • Stick with a single brand

If you are a frequent flyer then stick to one airlines. As your flying hours will start adding up you will be eligible to avail coupons and special discounts. Same goes for hotel bookings. Stick to one chain of hotel wherever you go to avail their special benefits over time.

  • Pack medicines

This goes without saying that, in your travels, be it for business or pleasure, you should always carry all kinds of medicines even if you are not taking any currently. First, the money that isĀ  saved from the expense that you otherwise would have had to make. Secondly, the not so obvious reason for which you should pack even unnecessary medicines is that you can’t take any risks by depending on the unfamiliar place for getting all your medications, if the need arises, especially if you are on a business trip. Health is wealth undoubtedly.

  • Traveling can be avoided

There are alternatives to traveling. It is not extremely necessary to travel. With the age of internet and technology, business trips can be easily avoided and carried out virtually through a Skype call or Hangout meetings.

Benefits of Getting Life Insurance

life insurance benefitsOnce a person enters adulthood, it’s never too early to think about life insurance. Unfortunately, many people put off planning until they start building a family. People can lock in a lower insurance rate, however, if they sign up for a policy before they have a child or before they turn 35 years old. Younger people are generally healthier, which is one reason they’re able to secure lower rates. Young adults can lower their premiums in many other ways.
In addition to signing up before developing health issues, people can make a few lifestyle changes to lower their monthly insurance premiums. A few are obvious: Stop drinking and smoking. These unhealthy habits are both known to decrease a person’s life expectancy and increase the coverage risk for an insurance company. Losing weight can also equate to lower premiums. Look at your driving habits, too: Maintaining a good driving record can make securing an affordable life insurance policy much easier.
Outside of lifestyle changes, be aware of a few other best practices for life insurance. Consider a term policy to lower your monthly costs, and if you’re single with no children or have children who are minors, you should name a parent as the beneficiary. These steps are a good start that everyone should follow, but you’ll want to know more about life insurance and the factors that will affect how much you pay for it. Test your knowledge about the benefits of getting life insurance with this quiz from Health IQ while you’re still young to learn more.