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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:
Newbutoldfather · 05/05/2024 09:21

About 20k per annum, one nice trip with my children, either skiing or summer, and a couple of smaller trips alone or with them.

Income all passive now and varies, but mainly spending capital. Can comfortably afford the holidays and want my children to learn some skills and have some interestIng experiences before they start preferring to go away with friends.

loverofalmonds · 05/05/2024 09:20

quietlifeneeded · 04/05/2024 19:04

nope.... we dont share finances

do you live together?

OnlineO · 05/05/2024 09:17

We usually have one week in a UK holiday cottage (c. £3K) and DH and DC usually have a city break in Europe for a weekend to watch a football match (c £1K). This is mainly due to having dogs, who we don't like to leave...and habit. I'm quite the mosquito target so there is that too. Oh and DH travelled a lot ofr work so he wasn't very keen to do that on holiday. We had a motorhome for a few years, so that cost a bit more.

Net household income per month after deductions (inc. pensions) is £8K/month, so currently about 4% of that (2% total renumeration, 3% gross income). We're both part-time now (3-4 days week) and thinking of retiring soon (and having a dog break when our last elderly dog dies) so I expect this percentage to go up. It was probably a lower percentage in the childcare/mortgage years - we earnt more but had more outgoings.

Looking back I regret not making holidays a bigger priority when the DC were mid-primary to secondary age. We could've easily clawed the money from elsewhere (like eating out so often/budgeting shopping/not drinking so much wine...etc) and got the dog(s) used to kennels etc. I think we were lazy. I plan on giving adult DC money for holidays or paying for holidays with us when so they don't do the same thing.

PumpkinPie2016 · 05/05/2024 09:17

It varies for us. I am the main earner and take home around 40k a year. DH is self employed and very part time due to some health issues. He did used to work full time though and we have substantial savings and no mortgage.

We have one child who is 10.

This year and last, about 6.5k - trip to Austria in a lovely hotel plus a week self catering in the Lake District.

Previous years probably 2-3k just UK breaks.

Austria is a splurge in fairness. The hotel is gorgeous so paid more for that. However, we are catered and can take packed lunch out each day which we did last year. We also got a regional summer card which saved an absolute fortune on activities/cable cars.

AuntieMarys · 05/05/2024 09:16

2 adults, about £10k on breaks...we don't go on week long holidays. That's about 15% of our income.

orangetriangle · 05/05/2024 09:15

to add this year is our first time abroad for 15 years!!

orangetriangle · 05/05/2024 09:14

our total income is about 56000
However we no longer have a mortgage thanks to an inheritance
This year is our 30th wedding anniversary so not an average year for holidays as we are splashing out on a cruise
Next year we have
A long weekend away 1000
easter break 1000
Cyprus main holiday 12 days 5000
and looking to perhaps do a short break in England in September so guessing 1000 total 8000 so about 8 percent of our earnings
But this is only since I've lost my parents would far rather they were here
All I would say is no one knows what's round the corner
And saving is great but if you have to go into a home when you are older like my mum they take all that for your care and its very expensive

wejammin · 05/05/2024 09:12

Family income of around £80k net. Family of 5.
Always have 2 weeks camping in Cornwall, including fuel food and days out comes to around £2k.
Usually have a UK cottage-type week away as well, budget around £3k for that.
This year we're going to Denmark for 5 days, first time abroad in 9 years, it's costing £3k.
So 10% give or take?

DGPP · 05/05/2024 09:11

£200K income, about £17K on holidays. Realise we are fortunate

thaegumathteth · 05/05/2024 09:08

Not even that @Garlicnaan her dh earns 33k and pays 12,500 on holidays and all but one bill

Spacecrispsnack · 05/05/2024 09:05

Household income 100k, spend 3-6k on holidays. Torn as we really need to save to move up the housing ladder for the space we need but getting balance between secure future and enjoying the ‘now’ very hard.

MariaDingbat · 05/05/2024 09:03

Beezknees · 05/05/2024 08:23

Well, your answer is in the post really. My income is less than half yours but I no longer have childcare costs so I probably have more disposal income currently than you do.

We went on honeymoon before kids and spent about £5k on 2 weeks away. I thought it was loads but it seems that it's just some people's summer holiday budget. It was just for 2 of us and I'm sure it wouldn't stretch so far if we were bringing 2 kids so I'm going to have to adjust my expectations for the next one.

Neveragainisaid · 05/05/2024 09:02

This year about 20% but DC is leaving school so it's a big celebration. Usually nowhere near that much and we've saved for a long time to do it properly.

VerasChips · 05/05/2024 08:58

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

Are you going to expensive resorts?

We spend a long while on holiday- basically don’t say no for the time we are away.

Breakfast and Lunch out, three ice creams at the beach, 4 things from a castle gift shop, expensive wine to drink with dinner etc BUT because ds and I are disabled we have worked out over the years that UK holidays in cabins/bell tents/glamping type things in places like North Wales or Northumberland or North Cornwall work best for us- so we do have multiple kids being utterly ‘spoiled’ in cafes etc but we haven’t usually spent more than a couple of hundred £ on accommodation or travel.

On the other hand if you are in the Bahamas then yeah, the people are spending a lot!

TribeofFfive · 05/05/2024 08:54

between 10-15% of net income. We have fairly low outgoings and love going on holiday. We usually go abroad 2-3 times a year and have weekends away in the UK when we can which depends on work.

AppasAnnie · 05/05/2024 08:52

We tend to use my bonus for our holidays each year.

I earn 93,000 and bonus is 25% so we typically spend about £15k on trips (one main holiday and 2 uk breaks typically)

Garlicnaan · 05/05/2024 08:50

This reply has been deleted

This has been withdrawn by MNHQ at the poster's request.

We have (one) second hand car, kids in state school in second hand uniform, no expensive hobbies, live pretty frugally, and could still not spend 25% of our income on holidays... Surely it's relative to what you earn and your other outgoings?

Garlicnaan · 05/05/2024 08:47

I think our gross income is about 75-80k after pension, healthcare etc.

Last year we spent about 5k. Week in Spain, then 10 days in France (we drove).

This year it will be less. More like 4k. 1 week away abroad, and 2 UK weekends away. So that's about 5-8%.

I'm amazed at people spending 20% or more of income on their holidays!

Garlicnaan · 05/05/2024 08:41

BrendaSmall · 04/05/2024 19:26

Dread th think what percentage of wages we spend on holidays 🤣
3/4 times a year we go abroad each holiday around £3500 , husband goes away on his own and that’s around £2000,
He earns around £33k I earn around £18k
i only pay 1 bill a month everything else comes out of his wages, I pay for 1 holiday a year

You earn £51k and spend £16k on holidays?! This is crazy 🤣

ladykale · 05/05/2024 08:39

@BrendaSmall genuinely interested in how you afford this - so you both live with one set of parents?

chatenoire · 05/05/2024 08:34

Net income of around £75k.... This year we reckon we'll spend around £10k, same next year, and in 2026 around £20k (we're going on a cruise).

Our basic monthly expenses aren't that high (£25k annually) which is why we can afford them.

LaWench · 05/05/2024 08:28

Very variable, we've done cheap trips to Spain and £10k trips to Disneyworld, over the last couple of years (when our income is at it's highest) we do cottage holidays in the UK, 2 a year maybe £1250. It's 1.5% of our annual income, I begrudge paying the costs of holidaying abroad.

Beezknees · 05/05/2024 08:23

MariaDingbat · 04/05/2024 22:27

I'm amazed at the amount people are spending on holidays. I thought we'd pushed the boat out on our honeymoon but it was less than some people summer holidays! Currently we're have a joint income of just over £80k and will be spending £1k on 4 nights away in the UK this year, so 0.8%. However we have a childcare bill of almost £1700 p/m so I'm a few years done of that will be redirected towards trips away.

Well, your answer is in the post really. My income is less than half yours but I no longer have childcare costs so I probably have more disposal income currently than you do.

Bs0u416d · 04/05/2024 23:44

princesspadam · 04/05/2024 21:47

I have no idea what OH earns

We go away 6-9 times per year, long and short haul
Some are cheapies e.g 5 nites in Tenerife
Others will be a week all inclusive in 5* carribean

You have no idea? Surely you know the sector and his position withing that sector? IE teacher 3 years qualified or partner at EY? If you don't know what her earns then you need to thing about the validity of this relationship. You're partners and you need to know if your endless holiday are within or without your budget!

Bs0u416d · 04/05/2024 23:20

BrendaSmall · 04/05/2024 19:26

Dread th think what percentage of wages we spend on holidays 🤣
3/4 times a year we go abroad each holiday around £3500 , husband goes away on his own and that’s around £2000,
He earns around £33k I earn around £18k
i only pay 1 bill a month everything else comes out of his wages, I pay for 1 holiday a year

This can't be correct? How do you also pay for your mortgage/cars/food. I'm all for enjoying it whilst you can but your DP cannot afford this in the long run and either this is going to impact you in terms of saving/pensions or he is absolutely drowning in credit card debt. This is not the badge of honor your seem to think it is.stop dreading the percentage and sit down to work it out. Jesus.