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đź›’ A Simple Trick to Save Money When Buying From Amazon UK

Last updated: August 09, 20208 Comments

cheap online shopping malta

When buying from Amazon UK and shipping to Malta (or any other country except the UK itself), you will be given the option to pay in GBP or your local currency (EUR in Malta’s case).

By default EUR will be selected, so make sure you switch that to GBP. Amazon uses an exchange rate that is worse than the one offered by your local bank, and you would, therefore, be losing money if you pay in EUR.

I then make the payment using my TransferWise Borderless Mastercard debit card, as it automatically takes my Euros and converts them to GBP to make the payment at the best rates. Not only that, but I can also convert Euro to GBP at any point in time and store them in the Borderless account. Then when I pay on Amazon UK it will use the funds in the GBP account I have.

See also: N26 vs Revolut

When traveling abroad you will encounter this choice when paying at shops and restaurants as well, and even in those cases, you should always pay in the currency of that country by using a card like N26 or Revolut. The amount saved really adds up over time especially if you are making larger purchases from Amazon.

Filed under: General

Is Airbnb Becoming Too Commercial?

Last updated: October 16, 20182 Comments

airbnb

Airbnb is a “global community marketplace that connects travelers seeking authentic, high-quality accommodations with hosts who offer unique places to stay”.

This year I’ve used Airbnb countless times as I traveled from country to country within Europe and the US. Some experiences, as to be expected, were better than others, although since I had researched every apartment very well we had no mishaps. Being a long time user of Airbnb however I cannot help but notice that things have changed from the early days.

When Airbnb first took off many of the apartments I visited were either the actual place where the owners lived, or decorated in a very homely fashion. The owners would personally meet us, give us the lowdown on the city and even prepare some food for breakfast and nice things to have (salt, pepper, oil etc). I still get to enjoy such experiences nowadays, but they are becoming increasingly rare.

There seems to be a drive by many people to purely take advantage of the Airbnb opportunity to make some extra cash, or even a full-time income. Thus we are starting to see many newly renovated apartments with only the bare essentials and cheapest furniture. Airbnb places strict rules on photographers and forces them to enhance their photos, many times making the apartment look better than it actually is. The owners don’t even meet you sometimes but leave the key in a deposit box. Many times you can forget about finding even a free city map on the coffee table, let alone some goodies in the kitchen.

While there’s nothing wrong per se in all this, the Airbnb experience was so much better in the early days through the interaction with the owners of the apartment, and the genuine feeling we used to get of people sharing their experiences and knowledge with each other. Like I said, it is still possible to get these experiences, but they’re getting lost in a sea of purely commercially minded people putting apartments for rent on Airbnb.

So what’s the solution? Airbnb itself cannot do much, the changes have to come from the people putting up their apartments for rent. My suggestion is to take the time to meet your guests, spend 15 minutes with them explaining how things work in your city, some good restaurants you recommend etc. Buy some food ($10 won’t break the bank) and give them a nice surprise. Make them feel genuinely welcome into a home away from home, and this will ensure their experience will be awesome. It’s a good investment really, if you treat guests in this way they’re much more likely to leave glowing feedback and get you more high quality bookings.

Filed under: General

The Shocking Truth about Online Airline Ticket Prices

Last updated: October 16, 20183 Comments

Online air ticket prices

As you search for the cheapest air ticket to your next travel destination, did you ever wonder what dark forces are at work behind your browser window?

Apparently, airlines sometimes use some shady tactics while delivering the price of a ticket to you, as indicated in a thread I came across recently on Reddit.

Basically what happens is that airlines will try collect as much data about you as possible, sometimes through the use of a cookie stored on your computer, and sometimes just from your IP address.

If using the IP address method, they can serve different prices depending on your location. The logic in this is of course that in general, a person accessing the site from the US is more likely to have a higher disposable income than another accessing the site from India. I’ve personally seen this happen when comparing ticket prices with friends overseas while we chatted on Skype. The prices given to us (in the same currency) were indeed different.

With the cookie method, a website can track how many times you’ve checked a particular trip, if they see that you are checking frequently for the same flight, they might start hiking up the price by a few dollars each time, instilling a sense of urgency in you, and thus being in a better position to make you buy the tickets. I guess most of us know that bad feeling when you see a cheap ticket and make up your mind to buy it, only to go back again in a few days ready to purchase, and find out it’s now double the price or more.

This isn’t something that is guaranteed to always happen, but it’s a good idea to take precautions against such manipulations by not allowing cookies when searching for tickets. The easiest way to do this is to open an incognito window in Firefox or in Chrome. These windows won’t store any cookies so the airlines can’t play their nasty tricks on you. Clearing your cookies before a browsing session won’t hurt either.

Have you encountered such practices yourself?

When to Buy

Everyone knows a last-minute plane ticket is probably expensive, but how far in advance do you need to purchase a ticket is a little less known.

According to a study by Cheapair.com, the best window of time to purchase a ticket in 2017 was 70 days in advance, a bit higher than the sweet spot in 2016 which was 54 days. However, that 70 was an average. The “best” time to buy actually depends on the season when you plan to travel.

In winter you want to try for 62 days in advance, spring 90 days in advance, summer 47 days in advance, and fall 69 days in advance, on average. And as for that theory that there’s a best day of the week to buy—CheapAir says that’s not really true. Airfare during the week traditionally doesn’t fluctuate more than $2 from day to day, so you’re fine buying a ticket any day you want.

When it comes to when you fly, there is a difference. The cheapest days to fly are Tuesday and Wednesday, while Sunday is the most expensive.

Filed under: General

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Jean Galea

Investor | Dad | Global Citizen | Athlete.

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