Travel NZ on a budget – where your personal loan can take you

As Christmas gets closer, so does the lure of summer holidays. Enjoying the sun, experiencing the water – whether it be lakes, beaches or rivers, and ticking off some special family experiences. Family summer holidays have it all. For many, it’s the annual family camping trip that provides those enduring family memories, for others it’s the treat of a rented bach to spend some much needed time out in comfort.

This year, of course, we’re treating family holidays a little differently. As Kiwis, we love to get out and explore, but with international destinations off most people’s lists, it’s a real opportunity to explore our own backyards. For some, there is a feeling of responsibility to support our local tourism operators, accommodation providers and local restaurants and cafes. For others, affording the traditional family getaway, this year in particular, can feel a little overwhelming.

We wanted to provide you with some great holiday ideas to consider, and some options for financing a holiday you no doubt deserve this year, more than any other! 

What types of family holidays can you take this summer?

1. Introducing the Staycation

If you’re a family with busy weekends running around after your kids, chances are there are lots of family-friendly activities you’ve never done, not far from home. Elect to stay at home this summer, and explore your local walks, attractions, cafes, beaches, museums and more that you don’t usually have time for. Make it more special with planned home activities too – family movie nights, picnic dinners in the backyard, and family craft activities. It could be a great time to connect with local family and friends you don’t see often – arrange to do some of these local activities with them, or host them at home. 

With time off work and no “term-time schedule”, a family staycation can be a thoroughly relaxing way to have a break and have some much-needed family time. Who knows, you might even have time to tick off some home and garden projects while you’re at it.

2. The great New Zealand road trip

A roadie with the kids can be a nightmare for some, and an amazing experience for others. The key to a successful family road trip is the planning – car snacks and activities for the kids and regular leg stretches and pre-booking your accommodation at peak summer times to secure your lodgings. No one likes the stress of dinner time looming and you still haven’t found a place to stay!

A roadie is a great way to personalise your itinerary and see New Zealand at your own speed. You can be planned, but not tell the kids your exact route, so they can have the fun of a real adventure. If you don’t have a vehicle, you’ll need to factor in rental car costs or consider a campervan or bus/train travel. Otherwise, petrol and accommodation are your other key costs. Accommodation costs can vary from camping grounds to motels to hiring a bach. Bear in mind that costs can skyrocket in popular holiday spots and at very busy times of the year.

3. Local day trips

To avoid accommodation costs, have a think about where you can go on a day trip from your home. These destinations might not be typical places you’d venture to over a weekend, but when you have more time available, the idea of a day trip to Somes or Kapiti Island from Wellington could be a perfect day-filler. If you’re further north, why not treat the kids to a visit to Hobbiton or the Waitomo Caves. These types of destinations may not be places you want to stay overnight but can be a simple day trip with some pre-planning.

If you live down South, a day trip to a new beach or lake or other natural attractions like the Punakaiki Rocks or Franz Josef Glacier can also be a fun day outing.

4. New Zealand’s Bucket List destinations

What a great time of year to explore and tick off some of those bucket list activities and locations! If you’re adventurous, you might be keen to head to Taupo or Queenstown for a once in a lifetime bungy jump. Or perhaps your family has never experienced the sights and smells of Rotorua – bubbling mud pools and geysers are fun for all ages. 

New Zealand tourism operators have many discounts in place for domestic travellers, particularly while Covid-19 travel restrictions are in place, so take advantage of these for more cost-effective family deals. 

For those that have been put off in the past by the sheer numbers at tourist hotspots, this is a great time to explore Nelson, Hanmer Springs, Wanaka, Taupo and the Coromandel, to name a few. Factor in your petrol costs or plane tickets, and expect to pay a little extra for accommodation in these popular destinations.

If your bucket list dreams revolve more around nature and our spectacular environment, this could be the time for a great New Zealand walk, a lakeside stay or beach adventure.

5. A New Zealand holiday without the planning?

Yes, you can book an all-inclusive family package holiday, even in New Zealand. Don’t add to your Christmas stress with holiday planning stress and seek out a local travel agent to give you a hand. Some accommodation providers and airlines are also putting simple holiday packages together to make your life simpler. You’ll be sure to see all the tourist highlights in your chosen destination without any of the stress of planning. Enjoy!

6. Treat yourselves to a luxury escape

If you and your family are in need of a luxury getaway, New Zealand has lots of options. Whether it’s five star accommodation you’re after, helicopter tours or private day spas, New Zealand can certainly cater for all tastes and budgets. If ever there was a year deserving of indulgent treats or unique experiences, this could be it.

Perhaps it’s a luxury escape with the kids, or even better, an opportunity to let the grandparents step in so the parents can have some well deserved ‘us’ time. There’s no better way to recharge for the year ahead than dining in restaurants with no children’s menu, having a drink or two and taking advantage of the rare opportunity to sleep in.

Financing your holiday with a holiday loan

Now you’ve decided what kind of holiday you’re keen to have, you’ll need to start booking and work out how you’ll pay for it.

Taking out a personal loan to finance your holiday isn’t necessarily top of the list, but it can have significant advantages.

Take the heat off your credit card

At this time of year, as we approach Christmas, credit cards are getting a workout. Firstly, check your credit card limit to see if you have the funds available. Secondly, instead of adding to your credit card debt, which is often accompanied by high interest rates, consider lower interest rate finance options. At Nectar, you can borrow between $1000 and $20,000* to put toward your holiday, and enjoy the benefits of a fixed interest rate for the life of the loan. 

Managing upfront costs

Flights and other travel can be significant upfront costs if you’re travelling as a family. Last minute travel can be even more expensive. Check the terms of your accommodation, as significant deposits, or the need to pay in advance to secure your booking can impact your cash flow.

Saving your cash for your day-to-day holiday expenses can be a better option for some people.

Pay your holiday back when it suits

Some people like to have the flexibility to pay off their holiday in the weeks or months after the fact. Perhaps you’re expecting a post-Christmas bonus, or know that the beginning of the year will be focused on working and earning money. Whatever your reasons, enjoy summer while it’s here and know that your regular payments will take care of your personal loan once you’re back to work.

No fees for early repayments

If you’re feeling flush, Nectar won’t penalise you for topping up your repayments. Once you pay it down, you can kick back and start planning your next holiday break away.

Allow for unexpected costs

Even the best holiday planners may not have prepared for a vehicle breakdown, bad weather washing out your campground or unexpected holiday guests to feed. Having access to finance quickly can make all the difference when it comes to getting your holiday back on track. At Nectar, we can provide you with an instant online quote and if approved,  money could be in your account on the same day.

We always encourage our clients to plan for the unexpected. So, do a holiday budget, and work out what you’ll need for contingencies or unexpected costs too. Consider a holiday loan with Nectar as a way to finance those large upfront costs, or as an emergency cash option, should you need it. It’s always helpful to know what your Plan B is, before you pack your bags. 

Getting started with Nectar

Can’t wait to start planning your dream holiday? As you can see, there are plenty of options to get you started. Find out how much you can borrow today, and check out our competitive holiday loan rates. Get started with Nectar for an instant quote. Borrow better, faster today!

*Nectar’s lending criteria and responsible lending checks apply.