Meet the Other Phone. Protection built in.

Meet the Other Phone.
Protection built in.

Buy now

Please or to access all these features

Holidays

Use our Travel forum for recommendations on everything from day trips to the best family-friendly holiday destinations.

If you love holidays, what percentage of take home pay do you spend on holidays

39 replies

Jellycattoys · 16/06/2023 11:35

Just for fun really.

If you love going on holidays, what % of household take home pay (so after taxes, pension, NI) do you spend on holidays?

Obviously income, expenses etc. will also play a part and I am fully aware just percentage might not mean a huge amount.

This is just me being nosey on a Friday. Please share if you are willing to.

Our holiday spending including booked ones this year is 12%. Thinking about booking one more before end of year that will push it to 16% of take home.

OP posts:
Superstar22 · 16/06/2023 21:57

About 15% which is about £10-12k. We’ve also just bought a lodge which will cost around £5k a year on top of the above for weekends.

i personally save monthly for some holidays (like a big birthday in 2 years or a trip with friends) and others we just pay for out of holiday fund which we save £1k into each month. We have two preteens & like 5* holidays If possible

icanflysometimes · 16/06/2023 22:18

16%

Usernamen · 16/06/2023 22:25

I think around 20%.

BritWifeInUSA · 17/06/2023 11:39

Around 25%.

Zipps · 17/06/2023 15:45

Generally it's been about 12% a year but we've just retired so will be going away a lot more, at least once a month for the next few years. Probably more like 25% of our income, but we have an amount in savings put aside specifically to pay for holidays.

PicturesOfLily · 17/06/2023 15:53

I just worked it out and it’s around 6-7%. This year that’s got us a week in France in half term with a couple of days at Disney and 4 nights in a lodge in the UK in summer. I’d love to spend more and go on more trips but nursery fees will probably soon get replaced by a much bigger mortgage.

Usernamen · 17/06/2023 19:29

PicturesOfLily · 17/06/2023 15:53

I just worked it out and it’s around 6-7%. This year that’s got us a week in France in half term with a couple of days at Disney and 4 nights in a lodge in the UK in summer. I’d love to spend more and go on more trips but nursery fees will probably soon get replaced by a much bigger mortgage.

Because of higher interest rates or buying a bigger house?

I feel like DP and I are cramming in as much travel now as we can because we know we’re going to have to scale back trips when there’s childcare bills to pay. 😭

Overthebow · 17/06/2023 19:35

3% this year which is a week away and a few long weekends. I’d love to do more but have to make sure we overpay the mortgage and put money in to savings first and this year is a bit tighter than usual due to bills going up.

countdowntonap · 17/06/2023 19:45

14-15%. Two adults including spending money.

PicturesOfLily · 17/06/2023 19:55

@Usernamen mostly because of moving house if we manage to next year. Our mortgage will go up when the fixed rate ends in Jan but it’s quite small so won’t be too bad. I’m hoping there’s some movement on either prices or interest rates in the next 18 months though or there won’t be many holidays at all in the next few years 😩

MissAmbrosia · 17/06/2023 20:20

10%+ I have never added it up. In Belgium your salary is split over 13.85 months so we get an extra months pay in May and in December - like they save it up for you. So the May one paid for our recent Italian trip. We used to do 3 weeks in July every year but now dd is older/at Uni we have gone back to avoiding school holidays. So 10 days May, 10 days September, I normally do 2 or 3 girls weekends every year - this year we had a weekend in Prague, have one planned for Seville and we will probably do an Xmas market someone nearer. DH and I will do some weekend trips still I think, and dd wants to go to London. I am really lucky though. I dont do package trips and am not massively keen on flying so I don't do long haul anymore. I am very happy if it's possible to get there on the train. We did South of France and Northern Italy last year that way.

Fallenangelofthenorth · 17/06/2023 20:27

10% of just my take home. I do love holidays and am not mega rich, but I am also quite tight! I'm good at spotting bargains and we'll have just one foreign holiday for 7-10 days, then really cheap weekends in the UK - quite often Youth Hostels or camping.

grosslyunfair · 17/06/2023 21:22

Around half! But I recently dropped my hours at work having moved to a cheaper house. Like pps I have decent savings- am not adding to those but still adding to pension. Life is for living and I have a hobby that takes me to some very remote and expensive places!

lightisnotwhite · 17/06/2023 23:53

More than I should. I’m in debt over it most of the time. However I started travelling at 16 and have gone away every year since then, often 3 or 4 times. Given I’m in my 50’s I guess I’ve found a way.

New posts on this thread. Refresh page
Swipe left for the next trending thread