Just be aware food even at grocery store is very expensive there. |
I think you can save money doing flights and letting the destination pick you, rather than you picking the destination. Be open to where you can go cheaply with flights, and I have had decent luck with airbnb outside of the US too. I more often use VRBO inside the US. |
It's not "very expensive". I've priced out a Target pickup for down the street from our resort and while it was more expensive than here, it was maybe 30%ish higher. Such as their brand 1lb of pasta here is $.99, there it's $1.29. |
Or if you have other investments that give you more freedom with income. Our HHI is free money, we don’t have to use it for any expenses. We will spend about 150k this year on travel. |
You can live a little. It will be ok! |
Life's too short for all this pointless travel just to make a bunch of photos. My family is all super tall so flying is a drag as well. We just go to our second home on the Vineyard and hang out there. Ofc we are not from the DC. |
Yea, PP is an idiot for spending that much. We’re going to Europe for 10 days at spring break for about $6k and she’s spending $7k on Key West? Why would all four need to check a bag, for example? We usually check one large bag for our family of four and take some carry ons. Use points for some hotels, find deals for flights. Etc. We fly to Europe every year. |
What would you suggest for a travel budget on this HHI? |
Want to tell us where you've gone - and how much around flights and lodging have cost? Where you stayed etc? I would be happy for ideas and tips! We are family of 5 - 2 adults and 3 kids. |
We’re going to Portugal this year. Flights about $3600 for four (on TAP Portugal which isn’t great btw). Car rental about $400. We have most of the accommodation paid on chase Sapphire reserve points, but spending about $750 for one Airbnb rental. Tbh there were great prices for places to stay without points / looking mostly for apartments/guest houses or suites. Trains are also inexpensive, so a car might not be necessary. Breakfast is included in most of the places we are staying and we also have kitchens at the two places we are staying the longest. Though will likely eat out quite a bit. Most activities and sights are not expensive. I don’t count our usual food and entertainment budget (what we’d spend if we were at home) as part of the vacation budget and it seems Portugal might cost less overall than we spend at home some weeks. Have also flown to Europe via Iceland in Iceland air for bargain flight prices (stop over in Iceland is fun too, though Iceland is very expensive, particularly for food). Last year that cost less than $3k for flights for four. Don’t fly Saturday to Saturday for the best prices. In the summer we tend to go mid week to mid week and book as far in advance as possible. |
$320k HHI, family of four (2 in college), between $5-8k per year depending on bonuses. |
Thanks! I hope you have a good trip to Portugal. My husband and I went to the Azores in July 2023 while our kids were at sleepaway camp and we liked it and found it affordable there! Mainland Portugal is cheaper than the Azores too, as I understand it. |
I wonder what your definition of high end is. We just came back from Europe, stayed with family half of the time, and in a good but not luxury hotel for about 6 days, flew economy and the total came close to 15k, including some expensive activities, like soccer matches of major European clubs. Or are you just including flights and hotels? I normally think of travel budget as anything I would not have spent if I stayed in DC. So maybe that would be worth clarifying in the answers. To answer OP’s question, we are a family of 3, our income is a bit over 500k and we spent about 45k last year. That included a trip to Europe (also mostly staying with family), two trips to the Caribbean and a few long weekends for which we rented a house within driving distance from DC. I want to bring it closer to 30k this year as we are undertaking some house renovations. |
This is a bit misleading. Nice (not even luxurious) places, and in particular in high season will still cost you a lot. We go to Italy yearly in high season (as that is when our work and school schedules allow to go) and the expense is always quite high if you want to have a nice room with sea view and a good dinner every night. Activities are not cheap either. |
A cultural trip in the US? You made me chuckle. |