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To ask how much you spend on your holiday?

269 replies

grassseed · 04/05/2024 18:47

How much do you spend a year on your holiday and how much is this as a percentage of your income?

E.g. do you earn £30,000 as take home pay and spend £1000 a year (3% of your take home pay).

I'm just wondering as I earn an above average amount, but when I'm on holiday I feel like I'm scrimping compared to the other people I see holidaying and I'm wondering if these are the super rich or if people spend a much larger proportion of their take home pay on holidays

OP posts:
Papyrophile · 05/05/2024 18:34

We don't go on holiday every year, we're not tied to school holidays either.

Nw22 · 05/05/2024 18:32

@ColonelMustardEatingCustard sorry yes I know what it means but a lot of the comments read like people were talking about their gross salary

ColonelMustardEatingCustard · 05/05/2024 18:31

Nw22 · 05/05/2024 17:10

By take home do people mean after tax/pensions etc or just what they earn?

Take home pay means what you take home, i.e. what you get in your account after tax, pension, NI, student loan repayment (any other deductions from your salary before it you're paid) if you're on PAYE.

Pollipops1 · 05/05/2024 18:28

@3WildOnes I don’t really know what the average mortgage is, as it’s so location dependent but know a lot of my friends have seen theirs increase big time. We just got lucky with the timing of our last fix & as a result are overpaying as dont want to pay a load more in interest when that ends.

my dc are younger than yours & im already panicking about uni costs for them etc. And we are not planning to work till 68 (or whatever it will be) so save for that too.

TheGiantEmperor · 05/05/2024 18:22

Beezknees · 04/05/2024 19:00

Household income after tax is £30k (I am a single parent with one child).

Probably spend around £5-£6k a year on holidays, so around 15-20% of total income. My rent and bills are low though so while I am not wealthy, I can afford this amount in proportion to my salary vs outgoings. I don't own a car, don't have to pay for childcare as DS is old enough not to need it, and we live in social housing so my rent is cheap.

As there are only 2 of us, this gets us 2 holidays a year plus some weekends away. Usually do one long haul and one short haul. Next year we are going to Greece in May, which is costing under £2k and then Bali in summer.

Gorgeous!! This is how I wanted my life to be. Have an amazing time in Bali

3WildOnes · 05/05/2024 18:21

Pollipops1 · 05/05/2024 18:16

@3WildOnes do you have high housing costs though? Kids? If so are they young? I would be less bothered about savings if my dc were adults for example.

Average mortgage I think? 3 kids. Aged 4, 8 & 12. We do have saving but we haven't added to them for years.

loverofalmonds · 05/05/2024 18:20

JustMarriedBecca · 05/05/2024 17:51

£200k+ a year and we probably spend £10k a year for a family of four.
That's
February half term for a weekend
Easter for a week (UK - family second home)
May Bank half term holiday (UK)
May half term for a week (UK)
June weekend
July weekend
July week (Europe)
August week (Europe)
September weekend
October half term (Europe)
December Christmas weekend (UK)

We go away a lot. Our July break is usually France (£1.5k), August "beach holiday" (£3.5k), May half term UK (£1.2k)

We probably will up the budget as the kids get older and we go further afield. Plans to visit Jordan, USA, India, Vietnam and South Africa in next few years.

I feel like we prioritise holidays but I'm not a fan of an all inclusive.

i am guessing a fair few are camping trips

Pollipops1 · 05/05/2024 18:16

@3WildOnes do you have high housing costs though? Kids? If so are they young? I would be less bothered about savings if my dc were adults for example.

3WildOnes · 05/05/2024 18:12

catchthebeat · 05/05/2024 16:08

Wow, this thread has been really eye-opening!

Our take home pay is about 100k.

We probably spend about £800 on holidays per year. So about 0.8%

We usually stay in a static caravan somewhere, and go out of season. The last time we went abroad we did Eurocamp. I genuinely didn't know it was normal to spend like 10% of your income on holidays.

I assume you don't enjoy holidays very much so don't prioritise them?
We earn similar to you and spend about 10-15% of our take home salary.
We don't currently put any money into savings, we have some savings to tide us over in an emergency and would rather enjoy ourselves now.

SlothsNeverGetIll · 05/05/2024 18:10

Joint income of £115k.
DH and I. No kids.

We would spend around £1.5k max on a sun holiday - never in the school summer holidays - plus spending money.

We have a campervan and go on a few long weekends a year, paying £25-£40 a night for a pitch.

We're going on a holiday of a lifetime shortly. It's 2 weeks and we've only actually spent about £4.5k all in for our accommodation and flights.

We could spend way more I guess, but it wouldn't add additional value for us.

Pollipops1 · 05/05/2024 18:03

@MrBouc I said previously myself and my peers have similar incomes but we couldn’t justify 12k on holidays every single year but obviously high housing and childcare costs eat into that budget, some pay school fees etc. And I was bought up with happy holidays & value them. We do something every school break but just spend less than 12k.

Quartzkitchen · 05/05/2024 18:00

About 2% of our income. Our income is £95k but we have a house that needs work so we're staying in a UK holiday park this year for £900 with about £1k for spending money (which unless it rains I don't think we'll spend)

Next year about £4k for an all inclusive abroad

Doyouthinktheyknow · 05/05/2024 17:52

We used to spend a couple of grand a year, now we are spending upwards of 10k for 2 of us. Dses are grown.

DH is retired, I’m still working, we are mortgage free and save monthly for our holidays. We have no debt.

JustMarriedBecca · 05/05/2024 17:51

£200k+ a year and we probably spend £10k a year for a family of four.
That's
February half term for a weekend
Easter for a week (UK - family second home)
May Bank half term holiday (UK)
May half term for a week (UK)
June weekend
July weekend
July week (Europe)
August week (Europe)
September weekend
October half term (Europe)
December Christmas weekend (UK)

We go away a lot. Our July break is usually France (£1.5k), August "beach holiday" (£3.5k), May half term UK (£1.2k)

We probably will up the budget as the kids get older and we go further afield. Plans to visit Jordan, USA, India, Vietnam and South Africa in next few years.

I feel like we prioritise holidays but I'm not a fan of an all inclusive.

MrBouc · 05/05/2024 17:47

Pollipops1 · 05/05/2024 17:09

I genuinely didn't know it was normal to spend like 10% of your income on holidays

I don’t think it is? Do most people earning 120k ish have 12k spare a year?

It's the same proportion, so I can easily believe that those who have 120k can spend 12k on holidays in the same way a family on 40k like us can spend 4k.

If you don't particularly enjoy holidays, or weren't brought up with them and don't have happy memories from time spent in that way as a family then it's possible that you feel that it's extravagant in the same way someone who doesn't drink alcohol may be slightly surprised if someone were to calculate a family's alcohol budget for the whole year.

Sallyingon · 05/05/2024 17:45

Joint income is about £52k. This year we will be spending about 5k. Last year was more. We are ok off as we are mortgage free and the kids are working and less expensive. I would like to do more travel and holidays but I dont think we would comfortably afford it.

loverofalmonds · 05/05/2024 17:44

oh so it’s a mix and sometimes they don’t come

ohthejoys21 · 05/05/2024 17:25

""ohthejoys21
Dh is so good to everyone.. including me.. I just wanted to make him happy!

so when he asks “do you want adult
kids
to join us?”

you say “hell yeah!”?"

No I'll say only if we also go somewhere I want eg Safari!

just the two of you?"

Either with friends or just two of us

BelleStar2023 · 05/05/2024 17:19

bubblesforbreakfast · 05/05/2024 15:17

£120k take home between us. As our mortgage reduced we spend more on holidays - usually 2x big hols a year and a few weekends. £10-20k per year but we cut back in other areas to afford it.

Same as this!

Busybusybusy73 · 05/05/2024 17:16

Single parent and usually one holiday with the kids, plus several on my own.

Only earn £30k, but low outgoings. Usually £500 for a holiday with kids (plus meals out etc) and another £2500 for additional breaks (not including meals etc), so about £3k overall and about 10% of my budget.

Newmumatlast · 05/05/2024 17:10

Not sure what take home is (self employed and fluctuates per month) but gross taxable is about 140k. I must be extremely tight as I'd estimate that I've spent/will spend once spends accounted for around £1500 so far this year which covers 4 caravan and Butlins breaks. Will have a summer break too but probably will do another caravan or lodge type of break. I don't fancy going abroad with little kids and they love the kids entertainment at places like butlins and parks so I'm happy to oblige.

Nw22 · 05/05/2024 17:10

By take home do people mean after tax/pensions etc or just what they earn?

Pollipops1 · 05/05/2024 17:09

I genuinely didn't know it was normal to spend like 10% of your income on holidays

I don’t think it is? Do most people earning 120k ish have 12k spare a year?

loverofalmonds · 05/05/2024 16:27

ohthejoys21 · 05/05/2024 16:25

"ohthejoys21
Dh is so good to everyone.. including me.. I just wanted to make him happy!

so when he asks “do you want adult
kids
to join us?”

you say “hell yeah!”?"

No I'll say only if we also go somewhere I want eg Safari!

just the two of you?

Bigcat25 · 05/05/2024 16:26

catchthebeat · 05/05/2024 16:08

Wow, this thread has been really eye-opening!

Our take home pay is about 100k.

We probably spend about £800 on holidays per year. So about 0.8%

We usually stay in a static caravan somewhere, and go out of season. The last time we went abroad we did Eurocamp. I genuinely didn't know it was normal to spend like 10% of your income on holidays.

Agree.