| Growing up, it blows my mind when I had peers that have been to places like Japan or Italy. I know plenty of people who make six figures who can’t even afford to travel to Las Vegas. Most companies have cut funding for business travel because it’s expensive to pay for flights and hotels. If you have a family in any major city, I don’t know how on earth you can afford a house and kids and still be able to travel on top of that. |
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I think people who travel for work and rack up the miles have the best chance for affordable travel.
I have a neighbor who games credit card deals, opening and closing cards to get the travel points and somehow doesn’t worry about his credit score. |
Because it doesn't really affect your credit score much at all. https://onemileatatime.com/insights/my-credit-score/ |
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Recent very similar question/discussion.
https://www.dcurbanmom.com/jforum/posts/list/1295419.page |
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I didn’t read the other thread but international travel is expensive. Flight costs are crazy.
We try to fit in one international trip a year. No points from work travel. We save up. |
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Because there are a lot of people who make a lot of money. It's that simple.
And yes, there really are a lot of people with large incomes. And if you are smart with money and budgets and travel, it's highly manageable. The most common complaint I hear around me isn't the cost of travel but the time scarcity. |
What is a large income? I make $150k per year and cannot afford to travel at all. I don’t even spend much besides on food, rent, gas, and insurance |
How much is your rent and car note? Health insurance? How much are you spending on groceries/takeout/restaurants? Childcare? Other debt? |
Wasn’t there just an article saying poverty level is $140k? So…a lot more than that. We were not able to travel when we were younger. Now we spend about $100k yearly traveling on a salary of 1.25. |
| We make 350k together but live in the Midwest. A lot different. Kids grown and flown |
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I think that travel can be done by most people but it comes down to what your at home priorities are as well as what your travel wishes are.
If you make an effort to make travel a priority, you should budget for it. Cut down on non necessities. When it’s time to plan your trip, do your research and plan ahead. Airline tickets can be cheaper when bought far in advance. Stay in cities and accommodations that are more reasonable. Travel in the shoulder seasons. You also have to consider different destinations. For example, we recently priced a spring ticket to phoenix. That ticket was more expensive than a nonstop to Dublin. So we went to Dublin. I hear of friends who spend +$5K for a share of a week at a beach house over the summer. Thats crazy to me. I’d rather spend that towards a trip elsewhere. Travel isn’t affordable for everyone but I do think it can be done if you budget and manage well. |
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We prioritize it because it’s something we all enjoy.
We don’t have a college fund for DD. She’ll go to CC then transfer hopefully. |
I make 150k as a single and I still take two trips a year. And max my retirement, pay my mortgage, put money into savings. My summer trip is typically two weeks in Europe and will cost about 6k, my winter trip is about 10 days somewhere (it varies) and will cost me about 4k. I travel frugally and have no need to stay in fancy hotels or resorts. I do use points, but mainly by cashing them out and that typically pays for at least one flight a year, often two. People around me are mainly dual income couples and families with HHIs in the 300-400ks which is typical of the UMC these days. Everyone travels if they want to. |
$150k is plenty to travel if you’re single and have an apartment or low mortgage. I never traveled as much as I did when I was single, had a roommate in a HCOL city, and made $150k. But to the PP that prioritizes travel over a college fund… that’s crazy. |
DH just broke $300k. We use credit card points to travel to beautiful places. |