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What % of your disposable income do you spend on hols?

17 replies

hulawoop · 26/10/2023 14:07

Just curious, we don’t have a benchmark and don’t know if we are spending too much

Ours yearly is about 15% of our disposable income (that’s after all bills are paid). Not sure if that is extremely high given we aren’t high earners

OP posts:
Nw22 · 26/10/2023 14:11

I think we spend about 15% of our net income and that’s gone down since we got our dog

Greatbigfluffytrousers · 26/10/2023 14:17

This year it’s been about 20% (inc spending money which means in reality it’s a bit less as some of that spending would have needed to have been done regardless). This is really high for us. Until about 3 years ago I’d say it was under 5%.

Chewbecca · 26/10/2023 14:19

Around 50%.

No mortgage though and newly retired.

cocksstrideintheevening · 26/10/2023 14:21

Around 12% this year

BarbaraofSeville · 26/10/2023 14:21

No idea. But seeing as you're talking about disposable income, ie after essentials including those which are annual/irregular and making sure your pension is covered and you have some emergency money/can afford any planned large purchases then surely it's down to priorities for discretionary items like holidays, beauty treatments, hobbies, food and drink out of the house, more expensive cars, tech, clothes than the basic level etc?

Leo227 · 26/10/2023 14:22

about 9% of total income each. high ish earners though. I think it's about 20% of truly disposable income after absolutely everything else has been paid and this money goes into savings.

HeavenKnowsIamMiserableNow · 26/10/2023 14:22

No idea, we want a holiday we go, thanks Mum.

WeightWhat · 26/10/2023 14:26

About 25%. The DC are too old to go as children but too young to pay their own way. So if we want family holidays we need to pay for all of us.

Earlier today I was wondering when DH and I will do a ‘just us’ trip abroad. Then it occurred to me I could take a ‘just me’ and that would be even cheaper. Might do the Himalayas…

therealcookiemonster · 26/10/2023 14:37

none. everything goes on cookies.

Colinswheels · 26/10/2023 15:35

It varies from year to year. This year we spent about 5% total income including spending money. Next year will be more like 15% as we have a luxury holiday booked. The year after will likely be more quiet to make up for that.

OhDoSitDownAndShutUp · 26/10/2023 15:36

Disposable income - what's that then?

Ohwhatlarks · 26/10/2023 16:39

Last year we had a weeks holiday, we spent far more on eating out which was close to double. I haven’t bothered to work it out as an exact % but approx 12% We do have a decent amount of disposable income. It really varies year to year holiday wise.

Foodorder · 26/10/2023 17:00

It's been very different at different life stages. The first year DH and I were married, with our first mortgage and a doer upper, we had 3 days in a B&B in Dover. Then we had a few basic Mediterranean breaks as things became more comfortable before DC arrived.

When DC were young we mostly holidayed in UK, but that was a practical more than financial decision.

When they reached their teens and we had a dawning realisation that there weren't many family holidays left, we had some amazing holiday of a lifetime type trips that cost ££££

Now I'm on my own, I'm spending loads on short trips with friends and big experiences on my own. I might even spend more than I earn on travel this year, but my ability to do that has largely come about because we were frugal earlier, although that was never a hardship, we had some lovely holidays, even if they weren't expensive. I'm definitely spending on travel now to compensate for gaps elsewhere in my life, in a way that if didn't need to when I had family around me.

frozendaisy · 26/10/2023 17:13

As much as we can! 15-20%

yeekls · 26/10/2023 17:30

About 11% on our net salaries currently as we are saving up for 2 separate trips. We have quite a healthy income, we used to spend a lot more proportionately, interest rates have stopped us being able to grow the holiday budget with our incomes!

Catsmere · 27/10/2023 05:58

None. I haven't been on a holiday for many years. Don't want to, either - putting my mother in a nursing home for the duration was a disaster last time I tried to get a fortnight off just to be at home (she fell and broke her hip). A holiday would mean taking that risk again, and putting my cats in kennels - and since they are both on daily medications and prescription diets, I can see the $$$$$ getting out of control even for a couple of weeks. Fortunately there isn't anywhere I want to go other than a possible day trip!

Peepshowcreepshow · 27/10/2023 06:03

Too tired to do the maths, so not sure. However, I prioritise holidays over pretty much everything else, so I forgo things others may see as important to save for a holiday.

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