Going on a holiday can be a costly affair, but a recent survey has revealed that Singaporeans have a few tricks up their sleeves to cut their losses. The survey conducted by online shopping and discount service website Picodi with 22,000 respondents – including 616 from Singapore – found that on average, each Singaporean spends about S$1,086 (HK$6,202) on a holiday. The results released on June 20 also revealed that Singaporeans are the seventh biggest holiday spenders in the world. The biggest spenders, according to Picodi, come from Australia, who spend an average of US$1,505 (HK$11,757) per holiday per person. 11 boutique hotels in Singapore perfect for a romantic getaway Hongkongers came in second place, with travellers spending US$1,021 (HK$7,976), while travellers from Finland were third with an average expenditure of US$897 (HK$7,007) per person. Meanwhile, Malaysians proved to be thrifty travellers, coming in at 33rd place in the list of 49 countries, with travellers spend an average of US$383 (HK$2,992) per person per holiday. Buying tickets in advance to save money To lower the cost of their trip, about 68 per cent of respondents from Singapore said that they buy their plane tickets in advance, while 40 per cent said that they book their stay in advance. Other popular ways of saving money on a trip include looking for free attractions to visit during their trip (23 per cent), buying last-minute packages (18 per cent), and going to less-visited places (18 per cent). 7 jet card memberships that put comfort back into luxury air travel About 17 per cent of respondents said that they travel during the off-peak season to save money, and only a minority (5 per cent) of respondents said that they don’t try to save on trips, the survey revealed. Among respondents who preferred to travel abroad, the most popular holiday destinations were Malaysia, Japan, Thailand, Hong Kong and Australia. It appears that Singaporeans travel often, as 39 per cent of respondents said that they travel twice a year. This was followed by 34 per cent of respondents who travelled once a year. Nasa opens the door for private space travel – but what’s the catch? Meanwhile, 21 per cent of respondents said that they travel less than once a year, and only 6 per cent said that they travel more than two times in a year. When asked about the length of their holiday, 44 per cent of respondents said that their holiday typically lasts around a week, while slightly more than one quarter spent less than a week on holiday. This was followed by 23 per cent of respondents who said that their holidays usually lasted around two weeks. 5 ways travellers can avoid adding to global waste each day And it appears that only a small minority would take long breaks as only 7 per cent spent more than two weeks on holiday. Want more stories like this? Sign up here . Follow STYLE on Facebook , Instagram and Twitter This article originally appeared on Business Insider .