While 90% of respondents express worries about having enough money for their trips, over half have already booked their vacations.

Concerns about US trade tariffs are prevalent, with 78% of holidaymakers worried about potential price increases at foreign destinations, prompting 53% to avoid places where tariffs could raise costs.

Budgeting remains a challenge, as 82% of travelers set an average budget of £377 for their last trip, yet 71% exceeded this budget by an average of £140.

Research indicates problematic payment habits among travelers, with 21% relying solely on cards, which can incur high transaction fees due to Dynamic Currency Conversion.

Currency fluctuations are impacting travel costs, as the pound has weakened against the Thai Baht but strengthened against the Vietnamese Dong and Indonesian Rupee, making those destinations more affordable.

Turkey stands out as an attractive option for British travelers, with the pound strengthening against the Turkish lira by 30.2% annually, providing travelers with £116 more for every £500 exchanged compared to last year.

Spain, Turkey, and Thailand are rated as the best value for money among 39 global destinations, although the Thai baht's increase in value against the pound means fewer baht for British visitors.

Additionally, sterling's strength against the US dollar makes long-haul destinations like the Caribbean and Middle East more affordable for British vacationers.

A recent Post Office Travel Money report reveals that 66% of Britons plan to travel abroad in 2025, marking the highest percentage in five years, despite ongoing financial concerns.

In light of rising costs, 52% of holidaymakers intend to increase their budgets for future holidays.

Laura Plunkett, Head of Travel Money at the Post Office, notes that many travelers do not set realistic budgets, leading to significant overspending.

Plunkett also emphasizes the importance of budgeting realistically and suggests using prepaid travel cards to avoid transaction charges when traveling abroad.