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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

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:
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!

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

loverofalmonds · 05/05/2024 17:44

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

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.

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.

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.

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.

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

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.

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.

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.

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.

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

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.

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

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.

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.

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

Papyrophile · 05/05/2024 18:34

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

3WildOnes · 05/05/2024 18:35

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.

I'm not particularly worried about uni costs. We pay for one child to attend private school uni costs are similar so we can just pay out of salary if needs be.

ColonelMustardEatingCustard · 05/05/2024 18:38

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

Ah, sorry! Yes, it's a bit confusing when not everyone is using the same measure. I had to work out what percentage of my take home salary I spend because I don't tend to think in terms of take home.

JaninaDuszejko · 05/05/2024 18:44

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.

We were like that as well when our kids were young. We would visit my parents and the PIL but have no holidays just the 5 of us. To be fair both sets of grandparents live in holiday destinations, so e.g. my Mum lives on an island with lots of beautiful beaches and MIL lives in a major city with lots of museums. So it wasn't like having to visit Slough every year for your holiday.m

When we bought our current house and the mortgage advisor asked what we spent on holidays we said 'oh less than £1K' and she told us the average spend was over £1K per person and people on our income would spend even more so we increased our holiday spend, our youngest had just started school so the kids were getting a lot easier and it was worthwhile having good holidays because the kids were getting to an age where they appreciated going somewhere different.

But I think a lot of people on good incomes don't necessarily do loads of holidays, I have some friends who are always off somewhere amazing and they obviously prioritise holidays but other friends who just use holidays to visit family or have only started having holidays abroad as their kids get older, they obviously prioritise different things.

cheddercherry · 05/05/2024 18:49

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’m not sure it is normal per se, but I imagine people answering this thread are people who saw the title and also travel frequently so it’s probably skewed (my own answer included).

We have friends who earn more than us with no kids who spend more than us on more luxury trips and friends who earn less and spend accordingly. We tend to do maybe an all inclusive and we “travel” in the summers, so this summer we’re heading to South Asia. The South Asia trip for 6 weeks is costing not much more than the all inclusive for 10 days tbh. Plus city breaks, even weekends to London rack it up to around £10-12k for us for two adults and a child. However we don’t pay nursery or childcare fees, and still go outside of school holidays as our school is quite flexible, we have a low mortgage that’s fixed (got lucky before all the rises) and our bills I’d say are low compared to most. For us it’s something we prioritise so we’re happy to pay it as I don’t think we’re extravagant in other areas of spending so possibly levels out. My best friend spends about £350 monthly on gym membership, hair colour apps, nails, eyebrows, lashes etc (and looks fabulous btw) and I’d probably put a similar amount towards a trip so that’s where we differ.

MiniCooperLover · 05/05/2024 20:02

Our household budget combined is around £150K, we spent about £6/7K for 2 weeks for 2 adults and one 13 year old in the summer. Do something most half terms if we can get time off work (I'm fortunate I'm the only one in my team with a child in school as they hate the idea of term holidays).

FoodieToo · 05/05/2024 20:07

Income about 230k( euro ) pre tax. Spend about 35 k on holidays . Priority here !

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