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Thread: What do you spend on vacations?

  1. #1
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    What do you spend on vacations?

    Another thread got me thinking. How much do you spend on vacations as a percent of your income? Please specify if it's gross or net.

    I will go first.
    We spend about 4 percent of GROSS income.

    Just wondering if we are average.


  2. #2
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    Depends on the year, but generally 4%-5% as well.

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    I spend what I feel like spending on vacations; it varies considerably from year to year depending on where I go and how much time I have off. Like most rules of thumb, I think "vacation as a percentage of income" is a pretty useless yardstick, because someone who makes $42 million a year might spend 0.002% of their gross income on vacations, while someone who makes $20,000/year might spend 10% of their income on a vacation.

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    Current plan is about 12% of after tax normalized income. This is down by about half from when we first retired. Bought a couple of houses after retirement that we spend more time at- so less travel. Still take about 2 longer trips per year representing maybe 30 days of travel. This year it was biking in Croatia in the spring and Egypt/Jordan in Sept. Next year planning biking in Portugal and African safari. We enjoy active travel particularly biking trips.

  5. #5
    Senior Member kcowan's Avatar
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    We spend about 5% on vacations because we travel on points.

    SR do you have any must see places in Croatia? Currently we are sail to 8 islands and then driving to Dubrovnik, Split, Zadar, Krk and Zagreb.

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    Quote Originally Posted by kcowan View Post
    We spend about 5% on vacations because we travel on points.

    SR do you have any must see places in Croatia? Currently we are sail to 8 islands and then driving to Dubrovnik, Split, Zadar, Krk and Zagreb.
    We use points too but still spend 12%. We biked through Spit, Hvar, Korcula. Ending up in Dubrovnik. The coast is beautiful. Split and Dubrovnik were fascinating. The whole trip exceeded our expectations.

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    Quote Originally Posted by brad View Post
    I spend what I feel like spending on vacations; it varies considerably from year to year depending on where I go and how much time I have off. Like most rules of thumb, I think "vacation as a percentage of income" is a pretty useless yardstick, because someone who makes $42 million a year might spend 0.002% of their gross income on vacations, while someone who makes $20,000/year might spend 10% of their income on a vacation.
    Right. I don't think the OP suggested there was a rule of thumb. He probably wanted to get % rather than absolute dollars to even the discussion a bit. I doubt anyone who makes $42 million a year would be posting here.

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    Quote Originally Posted by kcowan View Post
    SR do you have any must see places in Croatia? Currently we are sail to 8 islands and then driving to Dubrovnik, Split, Zadar, Krk and Zagreb.
    Plitvice is worth a visit.

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    My wife works a side gig every summer. That money goes straight into the vacation fund. It works out to about $2,000 - 2,400 a year or about 5% of take home pay.

    I work a much less lucrative side gig in my spare time, which I save for our 25th wedding anniversary, it's about 0.3% of take home pay.

  10. #10
    Senior Member kcowan's Avatar
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    Quote Originally Posted by Nemo2 View Post
    Plitvice is worth a visit.
    Yes I met a lady from there at Hastings Race Track who recommended a visit there. And there are plenty of pictures on Webshots. I need some lessons on pronunciation. I am reading a book on the history of the region written by Rebecca West (Black Lamb and Grey Falcon). She loves Rab.


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