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Brits to cut costs on winter holidays this season

Almost three quarters of Brits going on ski holidays this year intend to spend less, as they try to make their money go further.

Research from Sainsbury’s Travel Money has found that many people are giving up on the idea of a ski holiday altogether this year.

As little as one in five people who have skied before are intending to go this year, the research has revealed.

And of those who are hitting the slopes this year, 73% said they intend to cut the cost of their winter break.

The research found that 28% will cut costs by bringing a packed lunch on to the slopes, rather than eat in mountain restaurants.

A further 26% intend to stay in cheaper accommodation, with 23% opting for a cheaper resort to save money.

“Skiing is an expensive sport and in a time of financial uncertainty it seems that many enthusiasts are being forced to either forgo their holiday or try to find ways of reducing the cost of their trip,” said David Barrett of Sainsbury's Travel Money.

“Skiers and snowboarders should also look to reduce the cost in other ways such as shopping around for the most competitive rates on their travel money and arrange it as far in advance as they can.”

Travel money cards are a good way to save money while abroad. Using a pre paid travel money card will save money by avoiding expensive bank charges and foreign ATM withdrawal charges.

Sainsbury’s Travel Money offers customers several products, including Travelers’ Cheques and the Cash Passport pre-paid money card.

There are a range of other travel money cards available, which offer free cash withdrawals from foreign ATMs.

These include Escape Travel Money Card from Phones4U, the My Travel Cash Multi Currency Card, and the Travelex Cash Passport Dollar Card.