Home
Vacation debt
According to the 2017 LearnVest Money Habits and Confessions Survey, 74 percent of people say they’ve gone into debt to pay for a vacation; to the tune of $1,108, on average.
On average, Americans spend 10 percent of their annual income on vacations. A quarter of respondents even said they spend 15 percent or more.
While 32 percent of Americans marked vacation savings as a financial priority, only 7 percent said retirement savings was top of mind.
