If you go on luxury holidays often?

[Nevaenuf]

If you do, Disney Florida, luxury destinations every year? How large is your family? How much do you earn? How much is your disposable income? And how much do you spend?

im in a few Walt Disney world groups and the amount of people that go every year is quite significant and stay deluxe and I’ve always wondered how people afford it’s out of reach for us but our income according to that national statistics thing is the top 20%.

so asking the totally nosey question that people probably wouldn’t want to answer unless they could anonymously

NYE - A week skiing usually in alps, sometimes Austria

Feb half term - winter sun (Maldives) or city break

Easter - city week away (last year Rome and Capri, year before NYC or European warm - Ibiza, Palma etc)

Summer one or two weeks Greece/Spain/Italy

October - city break if we did Feb winter sun.

we also do several more local weekends: Edinburgh, Paris, Barcelona etc

we’re a family of 6, inc 2 adult children who come on main hols. Weekends away are likely to be a mix of attendees.

We always stay in hotels, but not normally “luxury” ones especially not if it’s a city break and we’re out all day. Although where luxury is cheaper we might: so Kempinski in Austria or Ritz in Abu Dhabi. In NYC we stayed in the Marriott, but then for a long weekend in Ireland we stayed at Adare Manor in Ireland. For summer I do like Ikos and Sani. So varies.

I prioritise good location and when long haul DH and younger DC will usually fly business/first. Older DC don’t always.

A week generally costs 15-18k per week wherever we go.

But the question was how do you afford it ;)

Sorry quote didn't work
This was in response to PP saying some parents look down on a popular holiday in the med and only favour wet holidays in their holiday home in UK as being a proper holiday....

I hear you! We love Corfu and have a little resort we adore but it feels we're looked down upon for going to a more touristy Island and not one that takes a whole day to get there by a mix of planes, ferries and whatever..mule..maybe. We're 'simply not experiencing the real Greece' apparently.

@Didimum I enjoyed WDW and would go back. I think people get a bit snobby about it tbh. But I don’t get the Ikos obsession either…

I favour the small, lesser known islands that are a ball ache to get to, but I am under no illusion that I am experiencing the ‘real Greece’. What a nonsense. I hope you burst out laughing at their ridiculousness!

We've found nicer long haul holidays are cheaper or better value than the med.

Last time we went to Costa Del Sol in early Aug it cost us 6500+ for family of 4 (2 teens) for 7 nts in a one bed apartment all inc in 2023.

This year we have a luxury two bed apartment in Mauritius all inclusive for just under 8k same time of year give or take a week but for 10 nts.

Also done Barbados for two weeks for 4k and Maldives for 14k (that was luxury for us).

Stayed AKL at WDW no desire to go back plus prices are now through the roof.

It's about priorities and finding a good deal.

We probably earn similar to you.

No mortgage, 2 adults, household income of £600k+ (both in exec jobs) and we spend what I think is a fortune as we need to unwind to balance work stress. Probably spend around £60k a year on 2-3 long haul trips (we can only go for 7-10 days at a time so fly business to minimise jet lag) and then a few other long weekends in Europe/UK. I know it’s extravagant but I do try and use airmiles/book during sales. Most we’ve spent was £27k on a week in the Maldives flying first class (and we could have spent a lot more on the hotel) which was worth every penny. Anyway I know we’re very fortunate, however we don’t really spend a lot on going out when we’re at home as we’re always working.

MN is like peering into another world sometimes. Makes me feel completely inadequate

But OP’s question was those who do go, how can you afford it. So most replies are of course from those who actually can afford it. It doesn’t mean that most people can, and you absolutely should not feel inadequate.

One in Finance, other professional services type role (think Communications or HR or Risk).

To be fair you asked lots of questions including how big is your family and how much do you spend which I answered. I thought breaking it down was probably more interesting /helpful than saying approx £100k.

The rather boring - and somewhat obvious - answer to how do I afford it is I earn a lot of money.

Ikos is just very easy and when you have 2 adult DC in FTE who like an aperol spritz and 2 younger ones who can drink 8 mocktails a day but no one likes having to queue for a buffet dinner the AI is very welcome 😊

£90k. Just me and DH now. We’re spending £12k on Disney World this year 😳 😳 (that includes spending money) We’ve already been abroad once this year which cost about £1.5k and we’re booked for Jan next year to the States again. We like holidays.

Glad it’s not just us.😄 Which rides are you most looking forward to?

2 Adults - 1 16 yr old combined income £125,000
Mortgage free
I will be going on 4 foreign holidays
Husband will have 4 - 3 with me plus one golfing holiday
We will then have 3 weekend aways on our own
I will have 3 overnight spa trips and a weekend in Rotterdam
We're happy to book cheap flights and pay for nicer accommodation

We earn well - we are mortgage free - we plan - book early and pay it off in good time

A lot is subjective though isn’t it ;)

What in finance?

working in finance myself I find that most roles are rather mundanely paid

We have been on a Caribbean cruise and a week in Greece and 5 days in Italy so far this year .
we will holiday with our 4 adult children and their partners for a long weekend that we pay for .
We also have a couple of city breaks booked and maybe a week in San Sebastián in October.We fly business class and stay in luxury hotels/ villas as I don’t want to go away and have less than I have at home .
we don’t drink but do eat out often and work long hours.
No mortgage,self funding dc and high earners is how we afford it .
over £500 k combined income.
We have supported our dc well and still do in some ways but now is our time to enjoy our money.

We usually have one long haul holiday per year plus a couple of short haul. Our household income is around £250k. However, my friend with a much smaller house income goes on holiday far more than us and goes to Disney every year. The difference? She lives in a small terrace house she bought years ago in a Northern city, we live in a five bed detached about 40 miles from London with a big mortgage. Plus we have one DC at private school (and had two DC in private for prep). Those school fees would pay for a lot of holidays!!!

I have no idea what you’re trying to get at.

why don’t you just say what you want to say and stop with the stupid winking 🤷‍♀️

I’m always baffled who can afford DisneyWorld holidays. When I price it up it’s easily £12k for a standard resort for our family of four. We earn £150k ish but that seems extortionate to me (and I am a spendthrift who would love to go!).

Big difference though is I am not prepared to just do that one “big” holiday. I also want my week in Cornwall, VIP festival, a few days in Center Parcs, and a couple of weekends away. We’re skiing next year as well. Not to mention the many, many gigs and football games we go to.

We earn well, but we spend well. And it would take a lot more money to get me to spend big on two weeks in the sun.

Exactly this. Travel is important to us. Took kids to Disney once when they were much younger. Surprised to find it was such a shopping experience. Not what I expected at all and we never waste our money on that nonsense. Kids brought up to know it's not worth asking!
People think we go on exotic holidays, last one to Turkmenistan. Fascinating and not expensive. Horrified to hear what people are paying for Disney trips.

Never done Disney (not our thing) but we love holidays and it’s our one real luxury. 2A 3C, earn around 90k combined pre tax and we spend around £10-15k a year on holidays. Money is set aside each month. We’ve done 5 star adult only holidays when we’ve been lucky enough to do this, and we take the kids away each year. Last year we did two weeks in the USA and 5 nights in Europe. This year we’ve done 5 nights away and have another week booked over Christmas. We also enjoy camping trips a couple of times a year (a lot cheaper!)

We go to Disney World every year or every other year. We normally do a deluxe resort and fly either premium economy or upper class. Easily spend 20k+.

We earn about £120k between us.
Biggest reasons we can afford it though is we have no mortgage and about 700k in savings and investments so we can spend on holidays like this guilt free with it being topped up with excess disposable income and monthly interest/returns.

We have combined income of about £160k and one teenage child. We made the decision to stay in our four bed semi instead of buying a detached house with bigger mortgage, and instead spend money on saving for DS’s future, adding to our pensions and having lots of holidays. But we make sure our holidays are to lots of different countries around the world where DS can experience different cultures and different ways of living. We decided that was far more valuable that a bigger house. And we recognise how lucky we are to have these opportunities. It wasn’t always this way - at the start of our careers we were scraping by and totally skint with a young child a nursery fees, so we really appreciate the position we’re in now.