#105 | Our summer vacations: detailed cost breakdown and reflections

July 12, 2021

Episode Summary:

 

In this week’s episode, we reflect on our recent family vacations, more recently known as vaxications. Mike went to Colorado; Maggie went to the US Virgin Islands. They were very different trips, but you can learn a lot from the details of other people’s travels, especially when they share their detailed costs. So we’re sharing the specifics, including all the costs.  We break down what we spent across airfare, lodging, car rental, food, activities, clothing, and gifts.  

 

Episode Notes:

 

Everyone’s travel realities are different.  Some choose where they go based on price; some are going to visit families and need to be in a certain location.  It’s interesting and helpful to hear what other people are spending on their vacations, just like it is helpful to compare spending across all spend categories.  Vacation spending can be particularly different based on the purpose of your trip, the size of your family, and many other factors.  

 

We break down what we each spent across airfare, lodging, car rental, food, clothing, and gifts. Then, we compare our total spends for two very different two-week vacations with kids.  We also share the cost area where we cut back and areas where we splurged.  

 

Top 3 takeaways:

  1. Travel costs money, but it’s a great category to spend in.  Very few people regret the money they’ve spent on travel. 
  2. You can cut back in some areas and splurge in others.  Try to avoid splurging on every category and be intentional.
  3. Hearing how others spend their money can help you prioritize and justify your spending.  

 

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