Travel budget annually
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Anonymous
That's a wild swing lol $30-100K? |
Anonymous
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Family of 4, $500K HHI.
Usually spend around $25-30K. We are busy with sports most of the year, so we typically just take: 1) one big vacation (~$15-18K) to the Caribbean/Hawaii/Europe and 2) two 4-day long weekend getaways somewhere along the East Coast. Most years we try to stretch our budget by choosing mid-range hotels/resorts, but some year's we splurge and will stay at a luxury resort/hotel. As our kids have grown older, we find ourselves willing to spend more - given our DS and DD are only a few years away from leaving for college. |
Anonymous
| What a depressing thread for normal people aka the poors. 3k flights to see family at Christmas in Texas stay with them. That’s it. Can barely afford medical bills and groceries. Life is so unfair seeing these responses. |
Anonymous
Wow, that doesn’t sound poor. We haven’t gone anywhere for about five years. |
Anonymous
We just do whatever we want to do and the price is the price. One year we did a trip to Japan through a travel agency. Including business class tickets it cost a fortune. Another year we did a road trip in the US that cost a lot less. |
Anonymous
Why is it unfair? We inherited nothing. This is America, so we worked our way to the top and now enjoy the fruits of that labor. If you want better vacations, retrain into something more lucrative or start your own business or side-hustle. The world owes you nothing. |
Anonymous
I mean, on one hand that's awesome, on the other hand I'm surprised you can just YOLO spend $100K on travel in a year with an $800K income. That's gotta be ~20% of your net pay, right? Hopefully it just means you live way below your means most of the time so you can get crazy like that |
Anonymous
I posted a ways back. But I would never spend $3k on flights to texas. You prioritize seeing family at a very expensive travel time of year. I prioritize spending my money to see the world. You'd think I'm cold and heartless for not wanting to pay that much to visit my family, but that's just the reality for most of us (excluding the 500k+ earners). Money only goes so far. Time off only goes so far. It's up to you to prioritize how to spend both. |
Anonymous
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HHI --320K; family of 4, 2 kids in middle/high school
Travel budget 2024-- $21k (1 international trip for winter holiday; NYC long weekend for Spring break; Summer beach trip; Summer local mountains trip; fall break trip; Thanksgiving) Travel budget for 2025-- 18-20k planning international spring break and international Summer trip, and a couple localish long weekends here and there. |
Anonymous
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HHI a little north of 400K.
It's been about 15-20K but this year it's closer to 10K. We did some home repairs and need to keep saving for college. |
Anonymous
+1. Want more money? Work harder. High incomes that afford high lifestyles generally take a high and sustained work ethic. |
Anonymous
Indeed. There is no way we could spend anything close to $800k (or the $500k or whatever it is after taxes). We don’t generally have expensive tastes, we just love to travel. And at my age and with back problems it is worth going business class. |
Anonymous
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HHI: $460k
Budget: $9k |
Anonymous
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trips or vacations? Probably 6 a year.
We aim to spend 15k on travel, but I am a very very good undercover travel agent. Sometimes, we go on a trip and I'm working my side hustle. We are upping that to 25k a year when we retire next year. I think our HHI is 350k |
Anonymous
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These questions are kind of vague to me. Are we only counting vacations? Or do we include all travel (travel to see family, travel for kids activities/sports?)
Are you travel costs just transportation + lodging? Do you count the cost of the activities? What about food? I keep a pretty precise spreadsheet tracking our travel costs and depending on your answers to the above accounting, for last year, it's anywhere between $16k if you only count vacation type trips with transportation, lodging, activities in the total. Or it's $28K if you count every single night we spent away from home (including travel to see family, family events, overnight stays for kids sports) counting food expenses. HHI $320K |