How much would you spend on a holiday?

[Lm1981]

Been discussing this with family. My preference is to do some European holidays however Florida came up. We have been before several times (10 years ago was last time). Basically it’s looking like a 10k holiday for 2 weeks - my thoughts are this is crazy money to spend for 2 weeks. Does anyone else have any limits they would spend on a holiday?

£10,000 just for Florida is crazy money. I'd expect long haul in luxury accommodation for that.

I spent £2500 on Iceland but that was a fully guided hiking trip full of excursions.

This is a “how long is a piece of string” question- this depends entirely on disposable income and the importance to each family of their annual holiday ie prioritising it over other discretionary spending. You’ll get people saying “£20k is fine“ and others saying “utter madness to spend more than £800” and everything else in between. But nobody can tell you how much is reasonable for you to spend on your holiday

For how many people?

I spend quite a lot on travel but they are more adventures than holidays

How can you claim that when you don't even know how many people it's for?

Holidays are my big extravagance so I spend whatever I can afford and wouldn’t have any limit if budget allowed it. We usually spend about £13k for Florida and have spent £20k on family holidays (cost pushed up by flying business class)

Most open-ended question ever ..... if you're genuine in your questioning, be a bit more specific about whether anyone's got a better deal than "X" for "Y" holiday etc
£10k for 4 people = £2.500 per person. Not wild for for 2 weeks somewhere nice, with food & drinks, activities, depends on your "standards".

My personal limit varies according to what I want and can spend at the time. Like a poster above, I've had times where holidays are my ultimate luxury and I'll prioritise everything at bar food & bills to save / spend on a holiday. No-one else's limit should have any relevance to me.

It's totally going to depend on the income of each person or their attitude to debt if they can't afford it out of income, what kind of holidays they like, where they've been before, all kinds of factors.

Im not sure how much someone else spends affects your decision

I would spend about 20pc more than I tell my oh it will cost!

Would I spend £10K on a holiday- yes

Would I spend it on 2 weeks in Florida- no

But that is because for me I'd rather longer somewhere else, or more holidays.

But that doesn't mean I think you are unreasonable to want to spend that, and that sounds, if anything, a little on the low side for Florida.

How many of you going? 10k for 2 is quite a lot. But if there's more people then maybe it's cheap! Also if you've been several times before, unless you absolutely love it, why go again?

The most I have spent is 7k for just me. But that was flying business to Japan and a 4 week stay with a decent amount of spending money. So I got a lot for that amount.

We have just spent £6.8k for 10 days in california including spending money for 2 of us- but part business too, so can probably claim back £2.5k We didn't however do a silver wedding holiday as it was lockdown, so this is the delayed holiday. That's the most I think we have ever spent

It depends on type, lenght, number of people etc. We’re going to Helsinki in a few weeks for four days, our budget is about £500 for flights, airbnb etc then no more than about £50-70 a day spending for two adults and two children.

We spent £12k on Florida this year (4 of us) had an amazing time, it was one of our goals for our children's childhoods, hope to go once more when they're older teens but would do the villa route that time. I don't regret a penny.

We don't usually spend that much though, we usually spend between £5k-£8k a year depending on where we are going (that's sometimes a couple of trips too). We've always saved a good chunk a month of our salaries for holidays, when we had lower incomes that would only be £2k a year, now we can afford more and will continue to increase it as and when wages increase.

Surely it depends what you want to do and what you can afford. I wouldn't spend that much going to Europe for example but I would like to take DCs to Florida once and I expect it to cost around that amount. Personally I wouldn't want to spend huge amounts going to the Caribbean or the Maldives for example as I would be bored after a couple of days. So basically each to their own! I try not to judge other people for their holiday choices and hope they don't judge mine.

£10k is our annual holiday budget, including spending money, for family of 4. Which normally means £5/6k on an abroad summer holiday and a couple of UK breaks. I could get 2 holidays abroad with that mind you too so depends how I juggle it. Wouldn't blow it all on one holiday though no. And if I did it wouldn't be Florida.

We did Florida at Easter and was a fair bit more than that for four of us but we did Disney

We have been away about 5 times this year

Always at least 5k

We have 3 children

We usually home swap or rent an air bnb

Spend a lot on renting cars and eating out

Our most recent holiday was 20k. We went to Croatia, outside Dubrovnik. Sounds a lot but it was 8 people (dh and I, our 3 young adult (over 18) dc and their partners). Included flights, lovely huge villa with pool, car hire (of a car big enough for 8!), eating out most days (and if not, enough for food + wine and beer for the whole lot of us!), petrol, excursions including 3 whole days out) and even covered my accident in the shower and ambulance call out and treatment (though that did get refunded on the insurance).

14 days, 8 people so was £2k per person. As probably our last big family holiday, we felt it was good value.

There would be 3 of us.

When we went in past (10 years ago) it was just 2 of us. It cost £1.2k each for flights and 5* hotel plus £500 each for tickets to the parks. We then spent about another 2k on food , few purchases like clothes etc.

things seem to have risen a lot now , we are looking at about 2k each for flights and hotel (£6k) about 1.5k park tickets. Then food / other purchases on top so likely to be around 10k.

its affordable it’s just it pains me a little as I feel the money could go further in other places / ways.

we will likely do it anyway as want my DD to experience Florida as a kid. It is still by far the best holiday I have had personally. (Have been twice in past)

@Lm1981 yes they have sadly, we were due to go in 2020 which was cancelled for obvious reasons, we were looking at £8.5K all in, we did almost the same holiday this year but opted for a value rather than a moderate Disney resort (due to loss of free dining) and it cost £12K as stated, a huge jump in such a short period. We had to vastly increase our spending money due to to inflation and exchange rate.

Although £2K for flights seems a bit dramatic unless you're looking at premium or above, we managed to get flights for about £2.5K for all 4 of us.

@Lm1981 actually I tell a lie, we paid £1800!!

I'd go to Europe over Florida any day. Cheaper, too, apparently.

Four of us are going to Florida next year and its coming in at 8-10k. It will certainly be the most we've ever spent on a holiday, but then we haven't been abroad for 6 years.

10K total is about 3K per person. That's not a bad amount for 'a once in a lifetime' holiday - although your specific itinerary looks like it could be done for less (cheaper flights and hotels). I mean, Paris has Disneyland too but if you want to go to the original it's up to you.

Personally I'd spend 10K per head on a rare experience such as visiting Antarctica. But not on much else.