To ask how much you spend on your holiday?

[grassseed]

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

We only pay fees for one. One is in state, one we pay fees for and the other has a scholarship & bursary & grandparents pay the remainder.
We won't be keeping ours in private for long once the VAT increase comes in. They will leave as soon as they reach natural exit points. Our youngest won't join the independent sector. We will be having to cut back on holidays as it is with the fees increases that have come this year.

10-12% of £100,000: one week abroad all inc, one week in Devon on a fancy farm, one week in North Wales in a huge house next to a beach with extended family, plus a week camping somewhere tbc.

he can’t be saving or spending a single thing towards…. well anything aside from holiday and keeping roof over head @BrendaSmall

One long haul like the USA or Japan, in business class (we collect enough Avios / companion vouchers to pay economy price for this about every 1 in 3 trips) with expensive day trips. Plus 2 or 3 UK short breaks.

Sometimes we’ll go over the £25k, but the next year would be say Italy in a private villa for £10k.

All in the school holidays.

It’s not zero, it’s just so much less than it used to be. 10-15 years ago we had £750 each per month. It stretched so much further then and I built up quite the collection of designer bags, shoes and clothes which are still lovely now. This certainly makes it easier not to spend now.

Now we have £500 each. DH tends to save this and spend it on big gadgety type things. I spend c.£100-200 and put the remainder away to pay for upgraded accommodation and experiences for my wider family on a big holiday we’re planning. That’s my choice, I don’t expect DH to contribute to that.

I do get my hair done every 6 weeks, highlights every 12. It’s definitely not a life of suffering or scrimping!

When the big family holiday is done, I’ll go back to spending my full £500. Then when the kids are secondary age (c.4 years away), I will go full time again and maybe our personal spend will return to pre-children status, adjusted for inflation!

Tbf you said I’ve cut my personal spend to practically nothing over the last 2 years

@loverofalmonds A modal average of £100/month feels like ‘practically nothing’ to me! It’s pretty much as low as I could realistically go. I also said this was so I could pay for my wider family as a one-off. It’s completely separate to the £25k we spend on ourselves, so whether I spend £500 or £0 on myself, it would make no difference to the bottom line figures OP asked for.

The crux is that either our outgoing are significantly lower than others (probably true given our high equity from previous property profit, and taking on a lot of maintenance ourselves) and/or we put less into savings (about 15-20% + any discretionary bonuses, not including pensions). Without everyone setting out their entire family budget, we’re not going to know.

yes but it was just when you said you go back to £500 a month post holiday
which wasn’t what you’d said yo thread about getting your spend down to “practically zero” over last two years!!

It’s completely separate to the £25k we spend on ourselves, so whether I spend £500 or £0 on myself, it would make no difference to the bottom line figures OP asked for.

come again? you said unthread that massively cutting your personal spend to “practically zero” was one of the reasons you were able to spend £25k a year on holidays!

I don’t understand. I have spent c.£100 per month over the last 2 years in order to save c.£8000 for my parents and siblings so far. I’ve got about a year to go before the holiday (it’s been a long time in the planning) to get to my £12k target. Then I’ll stop doing this.

Gosh, I only mentioned it as an aside about becoming less and less materialistic. It’s obiter dictum.

Ah, I see the misunderstanding.

I said “I’ve cut my personal spend to practically nothing over the last 2 years in order to take wider family with us on the next one.”

I meant I’m saving extra to pay for my parents and siblings to come with us for a one-off. This isn’t normal for us.

I have absolutely no idea, surely it depends where we go and how many holidays we have. Literally never thought about it as a percentage. This year we have an expensive one coming up and a few UK based holidays planned, may go somewhere at Xmas too.

i’m confused

i thought you were going on £25k holidays every year

but it would seem one holiday of £12k that you’ve been saving up for for 2 years

ah the saving for the last two years was £8k to bring family… got it!

I’m not sure why you’re invested so heavily in what a stranger spends on their holidays, or how they can afford it, but I’ll respond one more time.

We do spend £25k on holidays for the 4 of us a year.

My parents and siblings cannot afford this kind of money on a holiday, but there is a particular place we desperately want to go together, and I want us all to do it in the style that my family of 4 is used to. Parents and siblings are saving what they can afford over 3 years and I’m topping it up with £12k.

Cross post! I take back my snippy remark. Sorry!

I probably spend about a month's take home pay on my main (often only) holiday of the year. But I have expensive tastes in holidays, and otherwise not particularly.

We don't always go "on holiday". We do two long weekends away in very nice swanky houses with two different groups of friends to catch up and just spend time with them. This year, we may not get away for a holiday at all, simply because there's too much complicated stuff going on, but we'll make up the holiday time next year. We like holidays where we move location every two or three days, and almost never go to the beach. We would go to the beach daily if we lived in a place with a beach, with the dog. We are getting to the stage where we have to count the cost of looking after DDog at home as part of the price of a holiday. She's too old for kennels and set in her ways.

This isn't enough information to answer your question as to why don't people seem to have more disposable income for travel.
Someone might have a household income of 50k but no/little housing costs, no childcare and spend 10k on holidays and save nothing. Someone else might have an income of 100k but spend 24k a year on their mortgage, another 20k on nursery fees and save £1000 a month and feel like they struggle to afford centreparcs

We have two holidays booked for this year.
7 nights in an apartment in Corfu, self-catering - cost £1400, with 800 euroes to spend plus £200 to pay for car-hire.
10 nights in a cottage in Wales, self-catering - cost £1300. No spends assigned yet but would expect approximately £600, possibly less, as we have memberships to things like National Trust and the area is rural with few expensive attractions to go to.

So, £1600+£700 (euroes) and £1300+£600 = £4,200.

So, almost a quarter of my annual income (I pay for the holidays in their entirety) and approximately 12% of our household income (pre-deductions).

We’ve got plenty of savings!

sure you do

on a salary of £18k
and your partner on £33k

and spending £16k on holidays every year

😆

Well actually yes we do have savings!
well I do FYI!!
You don’t know what our bills are each month!!!

sure

loads of savings!

interesting that your husband has no idea what you earn but happy to pay for £16k worth of holidays plus all bills except just not (on a salary of £33k… poor guy!)