How much do you spend each year on holidays?

[peachjuice]

We're pricing up for next year, haven't been since 2015 as we "can't afford" it, yet our household income is ok - about £90k gross. There never seems to be spare money though.

Curious to know how much other people spend on their holidays each year as a proportion of their income.

Household income about 60k ish holidays 5-10k a year. We'll do two to three trips together all of us (me, DH and DS), of which one/two are visiting family abroad and one a week away somewhere. Then me and DS will go every second month for a long weekend / week - usually abroad (whilst DH works).

If you are fine with booking flights and hotels separately (this is something we do), then for the flights side there is a great APP called 'Jacks flight club', there is a free version - the paid is £15 for six months but I saved more than that on first flight alone. it sends you super cheap offers for all around the world on flights. (£200 return to US / £130 return to Russia / £30 return to Switzerland etc);

@WeLoveFlowers

What does "improving your daily life" mean?

We spent about £10k including spends this year; on a household income of £90k for 2 adults, 3 children. But we've been away a lot, even for us... we've had three full weeks away in the school holidays (1x Easter, 2x summer), plus additional weekend trips for the adults (festivals, camping etc).

This year as a family of 4 (13 and 18yr old)
All inclusive in the canaries, 10 days £4k. Dp and I going to Paris, in Oct for 2nights. About 800euros all in. 2k Feb half term, self catering villa in Spain (including food budget).
7k ish. We earn 50k between us, but our outgoings are low.

@Mrsmadevans

According to her post “mortgage, renovations and pension”!

Without kids we spent about £40k on holidays but now we have kids probably about £30k. Income about £550k in total

Well when the DC were young and we had family holidays we spent around 3/4k a year on holidays. Now it's just the two of us, no school fees to pay, no mortgage, we spend around 10/12 K. Next year we've booked a grand tour of Japan for c.9K and are looking to travel to the far east also.

Something I would say is that "at home" we do fine dining, opera, lots of corporate stuff paid for by clients/the"firm" A lot of glad handing, tinkly laughter, etc. The last thing we want on holiday is dressing up or anything "offenshow".

Holidays for us are in scruffs, picnic eating from the Inter Marche, watering the garden and croissants from the bakery. The very thought of dressing for dinner with people is horrific.

Our smug moments are when our offenshow gitettes with jobs in financial services, in their Boden and Beemers give us quizzical looks when we know they have spent £7k for a fortnight in a converted outbuilding and DH looks a notch up from a tramp watering the garden and pretending not to speak English.

We usually have 1 "big" holiday every 2 years. Just for a week at about 1k per person. Before children it was a lot more but at least whilst childcare is eating up all my earnings, holidays for us is a caravan weekend if we are lucky.

About 8% of gross income

£70k income.
£8k childcare
One daughter

Last year 10k in holidays
This year 3k (mainly as just bought a house & new car)

About 3-4K. Household income £75k

All in all, inc long weekends etc, prob about 5k a year. Household income of around 85k.

This year about £5k combined income about £85k. That’s a weekend away on the uk, 10 days in Spain (partly spent with friends in their house so reduced accommodation costs) and 4 nights in Majorca coming up in October (our half term is out of sync with most of the country do really cheap flights st god awful time and quite cheap accommodation). All self catering. If we eat out for lunch we eat in at night and vice versa

I feel like I've stepped into a parralell universe. I thought we were making an average income but clearly the UK average income according to MN is between 90 and 150k 😂 I am definitely losing at life!

I earn about £34K. Until I inherited some money, my absolute biggest spend was about £1K on a fortnight’s holiday! Even now, it has to be something special to make me spend a lot. I’m off to Italy for a week soon and travel plus hotel is about £500.

I feel like I've stepped into a parralell universe. I thought we were making an average income but clearly the UK average income according to MN is between 90 and 150k

I hear ya. The top 1% are all on MN, clearly.

I can't believe how well off people are

Household income £38k, we go on 1-2 UK holidays a year paid for by in laws who come with us (we have a fab time as they are awesome people), usually a few family nights away to York, Chester, Liverpool etc so maybe £500 a year.

Normally less thank 1k, but we just spent 2.5k on one holiday this year. Income around €50k but we don't have kids.

It's so interesting to read this thread! I think we spend about 5% on holidays in the UK with a trip abroad every couple of years. I'd definitely say that we choose concerts and day time off one experiences or London theatre shows etc over holidays, so if I stopped booking us tickets to as many things we could afford more on holidays.

I have a friend who has several international long haul trips a year on only a bit more than our household income so I wonder what % that is.

It seems to be quite different to the "what percentage on rent/mortgage?" threads - wider range maybe? It could just be I need to go to bed though and bad maths!

The median disposable income (after direct taxes, and once all applicable benefits, if any, are included) in the UK in 2017 was apparently £27,300 (so £2275 after all taxes including council tax, but before any bills including housing) in 2017.

government survey

£1,365 per year on holidays should be average, or rather the median which more than 50% of households might be below, if the 5% of household income figure is common.

We spend about 15% of our after tax income on holidays though! We still save up more than we spend on holidays even though we rent in an expensive area and have 3 kids - we only have 1 needing after school childcare, so no nursery fees just 1 after school club. I guess our other outgoings are low. We certainly don't do brands, buy things second hand where appropriate, own our reliable but unglamorous Korean cars outright and don't have expensive hobbies... That's because flashy cars and brands and money pit hobbies luckily don't interest us, I guess. Our income is above average for the UK but well below average for the thread

Our income is about £40k.
We spend about 6k on holidays and festivals. usually one eurocamp two week trip via the sun, one staying with friends who have a place abroad, one festival, 3 small camping trips in the UK a couple of trips to cities in the UK. We are a family of 6. We priorities holidays pretty much over everything else. And do them on the cheap.

Usually around £8K a year to include one week in winter and a two week summer holiday. This doesn't include the odd weekend away, which I just take out of general cash flow. Will pay more when we go to Orlando but that isn't often. House hold salary C. 76K

What do these 40k holiday spends per year consist of?

Considering you could do two round the world trips for that amount. Do the whole family fly first class? Do you buy the holiday home you’re flying to?