HHI 250k—what’s your travel budget?

[Anonymous]

Our HhI is 250k. We have two teens, one going off to college soon. We have decent savings but are also paying back our student loans. Don’t have family money.

We tend to balk at travel prices. More likely to go to the beach than abroad. Have only left the country once since we have had kids. How do we save for college, retirement, house repairs, AND travel?

What’s your travel budget if you’re in our range?

[Anonymous]

We have taken our kids to 70 countries on similar income. All about priorities.

[Anonymous]

Travel is my one big expense. I do a spring break, summer break, Thanksgiving, and winter break vacation.

I’m single with a 14 and 17 yr old. I try to pay for airfare and hotels with points when I can.

Spring break this year was $8k to Belize
Summer is Europe—mostly on points so it’s going to be about 5k for food and activities
Thanksgiving is 7500 to Grenada
Winter is a western Carribean cruise for $6k

So this year, $26k

[Anonymous]

We are now at about 300k. We don't do expensive cars, we have reasonable housing costs, public schools etc. But we travel a lot. We don't really budget, just do it. It is what we value.

[Anonymous]

Anonymous wrote:We are now at about 300k. We don't do expensive cars, we have reasonable housing costs, public schools etc. But we travel a lot. We don't really budget, just do it. It is what we value.

We're similar. Travel is our one big expense while living frugally with pretty much everything else. I'd estimate about $20k-$25k a year on travel with HHI of about $300k.

[Anonymous]

We're about $275K and spend about $20K on travel every year. This number was about 25% less pre-pandemic. I think travel costs have increased a lot.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We are now at about 300k. We don't do expensive cars, we have reasonable housing costs, public schools etc. But we travel a lot. We don't really budget, just do it. It is what we value.

We're similar. Travel is our one big expense while living frugally with pretty much everything else. I'd estimate about $20k-$25k a year on travel with HHI of about $300k.

same.

I bought a Subaru for $30K, cash. No student loans; kids 529 funded for in state; retirement funded annually to the max (most important), and a bit of extra for emergency savings. Shop for clothing at the cheaper stores, especially the sales racks.

Rest goes to vacations.

We don't do expensive vacations every year, but when we do, it's about $20K for a family of four (teens).

[Anonymous]

We make $300k combined, but we have no kids, our home has been paid off since 2019, and just a 2022 car loan which has about 20k left.

We don't really have a budget for travel - but that's where I like my money to go. It's nothing crazy though - we typically do mid range stuff. We go on 2 international trips a year, with both of us getting 5-6 weeks PTO. I keep a separate savings account for very big vacations (next one is an Antarctica cruise). This year we are going to Ireland and Japan.

I WFH, live in a walkable community (so I'm hardly ever driving), I don't do designer clothing or purses (a huge change since my 20s when I was all about that).

[Anonymous]

We don’t travel. Spend a lot on kid activities.

[Anonymous]

Anonymous wrote:We have taken our kids to 70 countries on similar income. All about priorities.

70 is a lot. Tell us more.

[Anonymous]

HHI is around $500K. Spent $37K on travel in the last 12 months. Plan to spend more on travel once we retire.

[Anonymous]

HHI of 400k. Spend about 25-30k on travel.

[Anonymous]

Anonymous wrote:HHI is around $500K. Spent $37K on travel in the last 12 months. Plan to spend more on travel once we retire.

You make twice as much. Not the point.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We have taken our kids to 70 countries on similar income. All about priorities.

70 is a lot. Tell us more.

What do you want to know? We have taken them to most of Europe, most of Americas, lots of Middle East and North Africa, East Asia, plus Australia and NZ. So many great places in this world, we go whenever we can.

[Anonymous]

Op here. Thanks all—including those with a different income, still curious about your travel budget.

I also want to hear more about the 70 countries! Amazing!