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How Americans Are Paying For Vacation

Posted

June 29, 2024

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More than one-third of summer vacationers say they are willing to take on debt to pay for travel this season, according to a March 2024 report from Bankrate. The average vacation for one person in the U.S. costs nearly $2,000 per week, according to BudgetYourTrip.com. An analysis by Forbes Advisors found that 28% of Americans across all generations say they have less than $1,000 in personal savings as of May 2024. Watch the video above to learn about those vacation-spending practices and what financial experts think about them.

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Produced by: Charlotte Morabito

Edited by: Dain Evans

Animation: Jason Reginato

Supervising Producer: Lindsey Jacobson

Additional Footage: Getty Images

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How Americans Are Paying For Vacation

Guests & Subjects Covered

Bankrate TheBudgetYourTripcom AnForbes AdvisorsChapters Introduction CreditCharlotte Morabito EditedReality TVTake CNBCsCNBC News Online Get

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