Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

How much do you spend on holidays per year?

116 replies

User135792468 · 18/07/2022 07:25

As the subject says, how much do you budget per year for holidays / weekends away?

We are a family of 4 and we currently budget 6k per year. It used to get us a few long weekends and a main holiday abroad for a couple of weeks. With prices going up, it doesn’t seem to be going anywhere near as far, yet the £500pm going into the holiday account feels like a decent chunk each month.

Others seem to go away so much more (like we used to before dc) and I’m struggling to make it stretch.

OP posts:
BarbaraofSeville · 19/07/2022 22:26

People have different priorities and discretionary money available.

You obviously don't prioritise/value holidays and certainly not foreign holidays if that's what you spend and that's fine. If you wanted to spend more, its likely that you could.

Others want to go on holiday and think it's worth it to them to spend a higher percentage of their income than you do.

We don't have a budget as such but pre covid typically spent 10-15% of our gross income going on holiday. It's probably a bit less now because our income has increased and we've got out of the habit. But we do have a long list of loosely planned holidays so it's just a matter of getting round to booking something.

But the amount we spend is affordable to us as we are childfree and our basic expenses are comparatively low.

prinnycessa · 19/07/2022 22:26

user143677433 · 19/07/2022 22:07

Good god I am astonished at the figures on here. Would love to know how it compares to income.

We budget £1-2k and holiday in the U.K. Income (gross) £250k.

@user143677433 Why don't you apportion more to holidays with the combined income? Is it because you don't enjoy them?

I imagine most people who spend a lot thoroughly enjoy them and prioritise them

BarbaraofSeville · 19/07/2022 22:27

Sorry, that was a reply to @user143677433

user143677433 · 19/07/2022 22:31

prinnycessa · 19/07/2022 22:26

@user143677433 Why don't you apportion more to holidays with the combined income? Is it because you don't enjoy them?

I imagine most people who spend a lot thoroughly enjoy them and prioritise them

Quite the opposite. We enjoy the holidays we have!

And apologies, I don’t mean to criticise those spending more. I was just genuinely astonished at the figures.

(Also, not sure what you mean by “with the combined income”. Combined with what?)

Yabado · 19/07/2022 22:38

we don’t have a budget as such but holiday are normally 2.500 -4K for 2 adults inc flights AI

So since Oct last year we have spent
3500 on 2 weeks in Lanzarote
4000 - 2 weeks in Tenerife
1k 1 week in Greece
4600 in Sept on 2 weeks in Gran Canaria
weekend jn London in Aug bank holiday 1k

we mainly do package type holidays as I can’t be bothered to do individual flights /hotels

So roughly 13k plus spending money and 250 a week in dog kennel

But kids are grown up no mortgage

BerryTree1 · 19/07/2022 22:49

And apologies, I don’t mean to criticise those spending more. I was just genuinely astonished at the figures.

@user143677433 you are astonished at the figures... some people choosing to spend tens of thousands each year on holiday?

But you earn an income of £250k as per your previous post. With that income surely you understand that many people spend a lot of money on holidays.

I'm genuinely baffled. You earn £250k. Spend £1,000 - £2,000 per year on holiday and wonder why people spend more? Your MONTHLY take home pay is probably around £15,000. Of course you aren't astonished that some people spend £20k per year on holidays. Don't be so daft.

user143677433 · 19/07/2022 22:59

@BerryTree1 my monthly take home is about £8.5k after pensions (and then there is annual bonus which goes straight towards the mortgage).

Of course I realised a few people spent £20k on holidays - I have colleagues who collect Ferraris and don’t even drive them (higher pay than me though!)

Its just from this thread it seems a lot of people spend a really substantial portion of their income that way.

prinnycessa · 19/07/2022 23:09

@user143677433 I meant combined with your partners, but now fr your posts it seems it's your sole salary, my mistake

gogohmm · 19/07/2022 23:11

We don't, it depends. We are fortunate to be mortgage free and kids are grown. That said we are saving hard for retirement

Seeleyboo · 19/07/2022 23:13

2k a year will get us 4 midweek breaks in the uk for 4.

User2145738790 · 19/07/2022 23:16

12 year olds can't possibly sleep in single beds 😂

SleepingStandingUp · 19/07/2022 23:20

PeggyGa · 18/07/2022 07:44

Did you just come onto boast

It doesn't work as a poll if the only people who answer are ones you say "I put a pound away and a week and that does us and twelve kids". You just sound jealous.

alanabennett · 19/07/2022 23:29

LilacPoppy · 19/07/2022 20:32

@BarbaraofSeville the double bed analogy doesn't really work. If a room
can't fit a double bed it's a nursery not a bedroom. It would be unusual to have a child past the age off 11/12 in a single bed.

Not in my world. In real-life I don't know any children who have a non-single bed!

Blueberry40 · 19/07/2022 23:32

thisbathiscoldnow · 19/07/2022 20:40

£0

Working 70hrs a week and still struggling to afford to put food on the table.

I'd love a holiday but it's a luxury I don't think we'll get for a long time unfortunately

@thisbathiscoldnow sorry you can’t afford a holiday even though you’re working such long hours but thank you for injecting some much needed reality into this thread.

We’re in the same boat here, haven’t had a holiday for years and not looking like we will be able to save anything any time soon, despite both working hard. I’m finding it difficult to get my head around how much people spend on holidays per year!! I feel like I’m living in a completely different world from virtually everyone who has answered…

mobear · 19/07/2022 23:38

We’ve spent about £5.5k so far on accommodation for two 10 day holidays abroad for a family of 3. The money definitely isn’t stretching as far as it used to but I’ve compensated by buying our tickets with Avios. I think we’ll probably do one more 10 day holiday abroad before the year is out,
or two shorter ones.

CheeseTopping · 19/07/2022 23:44

Up until 4 years ago I used to spend as little as possible for a week in a caravan and didnt really see the point of holidays. Then I got a bit of a bug for travelling and this year will have 5 holidays and 5 weekend breaks. Don't have a budget as such but this year its been a lot, maybe 9k (just my half of the cost) though I think the lack of holidays over the last 30 years balances the books.

AnnieSnap · 19/07/2022 23:45

About £12,000/£15,000 for the two of us. Our incomes are fairly modest, but we have some savings from pensions that supplements what we can save. We’re in our 60s, so how long we’ll feel up to taking exciting/sometimes challenging trips is uncertain and we can’t take it with us!

BerryTree1 · 19/07/2022 23:47

LilacPoppy · 19/07/2022 20:32

@BarbaraofSeville the double bed analogy doesn't really work. If a room
can't fit a double bed it's a nursery not a bedroom. It would be unusual to have a child past the age off 11/12 in a single bed.

I know plenty of teenagers and young adults with single beds. All uni accommodation is single bed.

It's also ridiculous to suggest a small bedroom is a nursery. No it's not, it's a single bedroom. There are plenty of them!

RJnomore1 · 19/07/2022 23:50

The £20k poster is getting a hell of a lot for her money!

I don’t really budget I pick where we want to go and then find he money for it. So some years it’s not much and other years quite a bit…

Icecreamandapplepie · 19/07/2022 23:51

This thread has blown my mind more than any other thread over ever read on here

SleepingStandingUp · 20/07/2022 00:00

LilacPoppy · 19/07/2022 20:32

@BarbaraofSeville the double bed analogy doesn't really work. If a room
can't fit a double bed it's a nursery not a bedroom. It would be unusual to have a child past the age off 11/12 in a single bed.

No, it's a single room. With a single bed in it. Which I as an adult could fit in so I'm damn sure a 13 year old could.

SleepingStandingUp · 20/07/2022 00:03

I don't need to budget or save, we just pay for it as it comes
£60 train fare
Free accommodation
Typical food spend as at home + a couple hundred extra for treats
Maybe £100 for trips out
Very little by way of clothes etc. They have shorts, t-shirts etc for the summer, they don't need different for a trip to Wales.

LilacPoppy · 20/07/2022 00:04

@canellini What do you suppose uni accommodation has? small doubles.

thisbathiscoldnow · 20/07/2022 07:30

@Blueberry40 thanks for your comment! I know when I saw how much people were spending on holidays I thought we must be doing something massively wrong!

Good on them though, if I could I would!

Watapalava · 20/07/2022 08:24

Joint income here of £70k

we spend £12k a year on holidays

one winter ski week
one summer Europe week
couple weekends away

2 teens here

Swipe left for the next trending thread