Anonymous
01/13/2024 20:53
Subject: Re:% if income spent on travel
HHI is $700k and we spend about 5% on vacation travel.
Anonymous
01/13/2024 18:44
Subject: % if income spent on travel
3%. HHI 400K
This year more like 5%-6%, going to Europe for two weeks with the kids.
This year more like 5%-6%, going to Europe for two weeks with the kids.
Anonymous
01/13/2024 18:38
Subject: % if income spent on travel
Reviving this thread. HHI is $1M and we spend about $40k/year on travel, or 4% of gross income, for a family of five. There’s a topic on the money board now where I commented and someone said something like “live a little” and I’d love to do more but also want to save sufficiently and live well day to day.
Curious about your travel budget relative to HHI.
Curious about your travel budget relative to HHI.
Anonymous
03/10/2021 18:43
Subject: % if income spent on travel
Anonymous wrote:Anonymous wrote:Probably about 50% of 250-300k. Not including maintenance on beach house.
Are you retired? How do you spend $125-150k on travel and also spend time at your beach house?
No, early 40s. We spend summer at beach house. We typically fly first class, stay in higher end hotels/resorts (two rooms, one for us one for kid). Do a lot of experiences/private tours/private dinners.
Anonymous
03/10/2021 18:03
Subject: Re:% if income spent on travel
3.5%
All figures based on gross HHI and 2020 to keep the math easy. We traveled before and during the pandemic so spending wasn’t that off. Net figures would certainly be different because we live in NYC and are taxed out the wazoo (and rent is 17% of gross HHI, ugh).
All figures based on gross HHI and 2020 to keep the math easy. We traveled before and during the pandemic so spending wasn’t that off. Net figures would certainly be different because we live in NYC and are taxed out the wazoo (and rent is 17% of gross HHI, ugh).
Anonymous
03/10/2021 15:40
Subject: % if income spent on travel
Anonymous wrote:Probably about 50% of 250-300k. Not including maintenance on beach house.
Are you retired? How do you spend $125-150k on travel and also spend time at your beach house?
Anonymous
03/10/2021 07:46
Subject: % if income spent on travel
up to 15% for once in a lifetime journeys, 5-8% in other years
Anonymous
03/10/2021 04:12
Subject: % if income spent on travel
20-25k for four people, HHI 290k
Anonymous
03/10/2021 03:55
Subject: Re:% if income spent on travel
About 10% in normal years.
Anonymous
03/09/2021 20:37
Subject: Re:% if income spent on travel
Just shy of 10% this year 2021. In normal years probably like 4%.
Anonymous
03/09/2021 18:39
Subject: % if income spent on travel
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Probably about 50% of 250-300k. Not including maintenance on beach house.
Did you accidentally add a 0 to your %?
No, our mortgage is only 1200/ month.
I'm not sure a mortgage on a second home qualifies as "travel" expenses.
Second home is paid for. Our only real expense is our mortgage in primary residents which is 1200/month
Anonymous
03/09/2021 18:37
Subject: Re:% if income spent on travel
5% for us, too.
Anonymous
03/09/2021 17:01
Subject: % if income spent on travel
Anonymous wrote:Inspired by other thread about max $/night. What percentage of your income do you spend on travel?
3-5% of 230k
Anonymous
03/09/2021 16:35
Subject: % if income spent on travel
About 10 percent of $400k, pre-covid.
Anonymous
03/09/2021 16:33
Subject: % if income spent on travel
Anonymous wrote:Anonymous wrote:Anonymous wrote:Probably about 50% of 250-300k. Not including maintenance on beach house.
Did you accidentally add a 0 to your %?
No, our mortgage is only 1200/ month.
I'm not sure a mortgage on a second home qualifies as "travel" expenses.