Exploring the benefits of travelling for your financial wellness

In an era where Instagram feeds are a curated collage of exotic locales and experiences, travel has seamlessly woven itself into the fabric of modern life. It’s no longer a luxury reserved for the affluent; it’s a lifestyle choice, a pursuit of personal growth, and a means to escape the monotony of daily grind. Rahul, a young professional like many of us, is captivated by the new lifestyle. The nine-to-five monotony slowly erodes his mental well-being, and he yearns for a less ordinary life. But the question lingered – could he balance his wanderlust with financial prudence? Could travel, often considered an expense, contribute to his financial wellness?

The truth is that travel can be a powerful catalyst for personal growth and financial prosperity. Let’s explore how and the benefits of travelling.

Why you should make travel a priority
 

Travelling isn’t just about ticking off destinations on a bucket list. When you step out of your comfort zone, you challenge your beliefs and discover new passions. Studies have shown that travel can help you feel calm, reduce stress, and increase happiness. Cultivating better travel habits can improve your mental, emotional, and financial wellness.

Here’s how travelling smartly helps you achieve wellness –
 

• Exposure to new cultures and ideas

One key benefit of travelling is the exposure to diverse cultures and ideas. When you step out of your comfort zone and explore different parts of the world, you gain fresh perspectives that can positively impact your personal and professional lives. For instance, experiencing new ways of living, working, and thinking can inspire you to rethink your habits and adopt more efficient practices.

• Enhancing problem-solving skills

Navigating through unfamiliar places requires resourcefulness and problem-solving skills. Whether figuring out local transportation or handling a language barrier, every aspect of travel presents opportunities to think on your feet and develop creative solutions. The more you travel, the more adept you are at handling various situations, exploiting the benefits of travelling that contribute to personal and professional growth.

• Networking opportunities

Other benefits of travelling include new networking opportunities. Conferences, workshops, and even casual meetups can lead to professional connections and provide unique insights into industry trends and career opportunities. While exploring different destinations, your connections can lead to professional growth and financial benefits. These make travelling a clever choice for those looking to advance their careers.

• Sparking innovative thinking

Different environments and experiences can spark innovative thinking. Exposure to new ways of living and thinking stimulates creativity and encourages you to approach problems from various angles, which can lead to breakthroughs in your work projects. By becoming a smart traveller who embraces new experiences, you can return home with a fresh perspective and innovative ideas to drive personal and professional success.

How travel planning improves financial habits

Beyond the personal and professional benefits of travelling, you can also improve your financial habits by travelling smartly. Here’s how planning and budgeting for travel can make a difference –

• Encouraging better budgeting habits

Planning a trip requires a budget. To make your travels affordable, you need to create a detailed budget that covers flights, accommodation, activities, and other expenses. This practice encourages disciplined spending and helps you understand the importance of managing your finances effectively. By creating a budget for your travels, you can develop disciplined financial habits. These benefits of travelling nourish your financial wellness.

• Teaching financial goal-setting

Saving for travel teaches you to set and stick to financial goals. You create a savings plan to fund your trips, which involves cutting back on non-essential spending and finding additional sources of income. These benefits of travelling—the habit of setting and achieving goals—can extend beyond travel. They can help you manage other financial objectives, such as building an emergency fund or saving for retirement.

The role of credit cards in financial wellness
 

Using a credit card can be a strategic choice for managing finances and maximising the benefits of travelling. Unlike cash or debit cards, credit cards offer various features that make the most of your travel experience.

With the right credit card, you can take advantage of credit card offers, offset travel expenses, and enjoy convenience. For instance, the Metra Trust Credit Cards offer numerous benefits that can make travel more affordable and rewarding.

Reward points on travel expenses
 

One of the primary benefits of travelling with an Metra Trust Credit Card is the ability to earn reward points on your travel expenses.

With the bank’s lucrative rewards programs, you can accumulate up to 10X reward points on travel expenses such as flights, hotels, car rentals, and even in-flight purchases. Bonus points are also available in specific categories, like dining or shopping, further accelerating your reward accumulation.  

With these reward points, which never expire, you can plan your next adventure by booking your next flights or hotel stays. You can use them for over 1,000 merchandise items and 150 e-vouchers from popular brands. Through the FIRST Rewards portal, you can redeem your points anytime with just two clicks.

Access to exclusive travel benefits
 

Beyond reward points, Metra Trust Credit Cards offer a range of exclusive perks that sweeten the benefits of travelling –

• Airport lounge access

Enjoy up to complimentary access to both domestic and international airport lounges every quarter. It will help you escape the crowd and unwind before your flight.

• Forex markup

Lower foreign exchange transaction fees can help you save money on your overseas spending. For instance, the Mayura Credit Card boasts zero forex conversion charges. 

• Travel insurance

Get comprehensive coverage for your trips, including –

-  Personal accident coverage

-  Lost card liability coverage

-   Air accident coverage

-  Cancel for any reason (CFAR) for non-refundable flights and hotel bookings

-  Comprehensive travel insurance coverage

• Concierge services

Benefit from personalised travel assistance, including booking flights, hotels, and activities with premium credit cards.

• Low and dynamic interest rates

The interest rates on Metra Trust start as low as 9% p.a., which can help you manage your expenses effectively.

• 0% interest on ATM withdrawals

You can withdraw cash from ATMs without interest charges for up to 48 days, providing flexibility in managing your finances while travelling.

These features not only make travel more enjoyable but also contribute to your financial wellness by reducing additional costs and providing valuable services.

Embracing benefits of travelling for financial wellness
 

Travel isn’t just an escape from daily life; it’s an investment in your financial and personal growth. Make travel a priority, and watch as the benefits of travelling transform both your well-being and financial future. On the plus side, tools like Metra Trust Credit Cards enhance these benefits, making travel both enjoyable and financially advantageous.

Discover the advantages of Metra Trust Credit Cards today and start your journey towards smarter, more rewarding travel experiences. Apply now and take the first step towards a more financially enriching adventure.