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Travel Discussion
Reply to "How is everyone affording all of this international travel?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We do at least 3 trips a year and we... 1) have only one kid 2) live in a much smaller home than a lot of our friends, so our housing costs are so much lower 3) play the credit card points game 4) prioritize travel expenses over other non-essentials #2 and 3 are the most important to being able to afford travel [/quote] This is our formula for 3 annual trips: summer (domestic beach house—cost shared with relatives); winter break (Caribbean/LatAm); and spring break (international). [b]HHI is mid-$500k. [/b]No family wealth subsidizing us: -Only child is in public school. -We’ve stayed in our modest Bethesda starter home in (w/ a very low interest rate and monthly payment) although our income could easily justify a purchase at least 2x value. -We enjoy occasional fine dining and I do spend regularly on beauty services and products (hair, nails, skincare, makeup), but no cosmetic derm. -No high-end designer clothes/bags/shoes (Anthropologie, J. McLaughlin, Everlane, etc. is about the most I’m willing to spend on clothes). DH spends even less. No high end jewelry, etc. -One nicer, newer car with a reasonable payment; one older, less exciting car nearly paid off. - Aggressive college and retirement savings. [/quote][/quote] I mean, this is your answer right here. You wouldn't have so much disposable income to devote to travel [b]if you earned only $300k[/b], right? So many of you pride yoursleves in being so frugal but plenty of Americans also drive Hondas and live in small houses, etc., you're not really doing anything special. You just have more disposable income to start with so there's mpney leftover once your essentials are met. [/quote] It's funny how you're trying to sound "of the people" but you said "only $300K." My family earns 180K (which is still more than double the median US household income of $84K) and we travel internationally a lot. It's actually really not more expensive than domestic travel by airplane. It's all about priorities and keeping monthly expenses low.[/quote] Are you in the DC area?[/quote]
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