Go Back  Fodor's Travel Talk Forums > Destinations > Europe
Reload this Page >

How much of your personal annual budget do you devote to travel?

How much of your personal annual budget do you devote to travel?

Old Feb 19th, 2006, 04:10 PM
  #1  
Original Poster
 
Join Date: Dec 2003
Posts: 409
Likes: 0
Received 0 Likes on 0 Posts
How much of your personal annual budget do you devote to travel?

Perhaps this may be too personal a question for some, but I'm wondering strictly what kinds of percentages of their annual budgets people devote to travel throughout the year. My credit card breaks down the percentages of my types of expenditures (restaurant/health etc.) for me at the end of the year, but I haven't taken the time to tally up all my travel expenditures (meals, lodging, car rentals, hotels etc.) I would guess that maybe I spend maybe 15-20% of my annual budget on travel, but I think that it may actually creep up to closer to, gulp, 25%. Obviously, each individual is in a different life place, but I wonder how Fodorites would weigh in on this, given our propensity for hitting the open roads...
letour is offline  
Old Feb 19th, 2006, 04:47 PM
  #2  
 
Join Date: Oct 2003
Posts: 57,890
Likes: 0
Received 0 Likes on 0 Posts
Haven't a clue. And it would be way too much trouble to figure out - since I use my AMEX for both personal and company travel to max the miles. But it's nowhere near 25% - not with two stepdaughters in college and saving for a beach house.

But what really controls my hitting the open road is time - neither the beau nor I have careers that allow a lot of free time - so we're often stuck adding a few day on a business trip - often alone - and are ecstatic if we can get more than 10 days off together.
nytraveler is offline  
Old Feb 19th, 2006, 06:01 PM
  #3  
 
Join Date: Jan 2006
Posts: 363
Likes: 0
Received 0 Likes on 0 Posts
As much as I can and then probably a bit more.
Midnightsun is offline  
Old Feb 19th, 2006, 06:03 PM
  #4  
 
Join Date: Feb 2003
Posts: 3,977
Likes: 0
Received 0 Likes on 0 Posts
Budget? What budget?
USNR is offline  
Old Feb 19th, 2006, 06:11 PM
  #5  
 
Join Date: Sep 2004
Posts: 45,322
Likes: 0
Received 0 Likes on 0 Posts
Not enough, LOL. Seriously letour it varies from year to year. These last months I think my budget is being spent on financing a General Contractor's vacations.
LoveItaly is offline  
Old Feb 19th, 2006, 06:20 PM
  #6  
 
Join Date: May 2003
Posts: 12,361
Likes: 0
Received 0 Likes on 0 Posts
Less than 10%; however, this year it will be more than that because I'm going to Mittel Europa and also (I hope) to Hawaii. I'm trying not to nickle and dime away so much of my disposable income so that I have more with which to travel.
Pegontheroad is offline  
Old Feb 19th, 2006, 06:49 PM
  #7  
 
Join Date: Feb 2003
Posts: 877
Likes: 0
Received 0 Likes on 0 Posts
So Letour, let me figure this out...If you spend 25% of your income on travel...Carry the one...hmmm...

You spend $250,000 a year on travel?
Zeus is offline  
Old Feb 19th, 2006, 06:53 PM
  #8  
 
Join Date: Jan 2004
Posts: 10,823
Likes: 0
Received 0 Likes on 0 Posts
I"m with USNR......what budget?????
Grcxx3 is offline  
Old Feb 19th, 2006, 07:13 PM
  #9  
 
Join Date: Sep 2005
Posts: 6,818
Likes: 0
Received 0 Likes on 0 Posts
Budget? Hell, we do our traveling and whatever is left we budget. Priorities, Fodorites, priorities!

Stu T.
tower is offline  
Old Feb 19th, 2006, 08:51 PM
  #10  
 
Join Date: Jan 2003
Posts: 94,388
Likes: 0
Received 0 Likes on 0 Posts
count me in the "I have no idea" club! depends on the year - number of trips and different destinations most likely.
suze is offline  
Old Feb 20th, 2006, 12:40 AM
  #11  
 
Join Date: Mar 2005
Posts: 241
Likes: 0
Received 0 Likes on 0 Posts
Last year I spent nearly 40% of my net income on travel.

A financial planner would have a heart attack.

It's a good thing I don't have a financial planner.

liz
luveurop is offline  
Old Feb 20th, 2006, 02:37 AM
  #12  
vacationwannabe
Guest
 
Posts: n/a
This will be our first vacation in Europe but our total budget including air, hotels, train, food, car rentals, sights, transportation and everything else is $8,750.00 This year we will devote about 15% of our total yearly budget to travel.
 
Old Feb 20th, 2006, 03:14 AM
  #13  
 
Join Date: Aug 2004
Posts: 4,667
Likes: 0
Received 0 Likes on 0 Posts
it's vulgar to speak of such things.
just do what's right for your own situation.
walkinaround is offline  
Old Feb 20th, 2006, 05:23 AM
  #14  
 
Join Date: Jan 2003
Posts: 6,098
Likes: 0
Received 0 Likes on 0 Posts
We usually spend around 5%.
RufusTFirefly is offline  
Old Feb 20th, 2006, 05:41 AM
  #15  
 
Join Date: Nov 2004
Posts: 6,260
Likes: 0
Received 0 Likes on 0 Posts
More than you do.
Intrepid1 is offline  
Old Feb 20th, 2006, 07:47 AM
  #16  
 
Join Date: Feb 2006
Posts: 177
Likes: 0
Received 0 Likes on 0 Posts
It's gonna be up there.

I've taken one trip and have 4 other flights booked and paid for. Probably one more at the end of the year to hit Gold Medallion with Delta.

I don't want to think about it too much.
wco81 is offline  
Old Feb 20th, 2006, 10:05 AM
  #17  
 
Join Date: Apr 2005
Posts: 1,145
Likes: 0
Received 0 Likes on 0 Posts
Budget? Travel or otherwise? Hahahahahaha!

Seriously, though, we travel as cheaply as is comfortable so we can travel as much as possible.

As an aside, we always roll up about $250 worth of loose change around the house before our annual "big" trip as bonus spending money. Try it, folks, no matter what your tax bracket -- you probably have more lying around than you think.
Worktowander is offline  
Old Dec 24th, 2006, 03:51 AM
  #18  
 
Join Date: Mar 2003
Posts: 542
Likes: 0
Received 0 Likes on 0 Posts
I know this is an old thread - but I have been trying to do some serious accounting/budgeting at my house. It is a timely "end of year" issue for our house as we look to next year. This year we spent about 8% and that was with one trip being all FF miles to travel to India.

This year we have to cut back given some home remodeling etc. Everytimg I get the construction/architect bill, I think what am I doing,.... I would rather just take a trip!

I am now trying to do some more long term planning - What trips in 2008, 2009. I got to have a reason to research on Fodors right! And maybe with more planning I can manage the budget better. I am relooking at how we can rack up the miles, checking out some airfare tracking sites I have never been to before, and vowing to do more "sticking to a budget" when we do get on the road/

Happy New Year!
sfmaster is offline  
Old Dec 24th, 2006, 05:28 AM
  #19  
 
Join Date: Jan 2005
Posts: 2,554
Likes: 0
Received 0 Likes on 0 Posts
Yeah I reckon 15% to 20% a year. No wonder the dining room suite is looking so tired! Mmmm, and the kitchen could do with a makeover....

Oh what the hell, where did I put those brochures on Italy.
worldinabag is offline  
Old Dec 24th, 2006, 06:15 AM
  #20  
 
Join Date: Jan 2003
Posts: 2,334
Likes: 0
Received 0 Likes on 0 Posts
WHAT BUDGET!!!! We cruise and wait for sales and bargains, yet want a great cabin and itineraries (waiting to take another trans-atlantic cruise)...have taken a winter trip to a warmer spot in S.A. or the Caribbean for the past 30 years (we leve for the D.R. on 2/4 and a trip to CA to visit an elderly relative the end of May...We are retired, but traveling and theatre are our passions.. We've gone to London for theatre in November several times... but the Euro is making it impossible this year..
ParrotMom is offline  

Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Do Not Sell My Personal Information