A recent survey reveals as a nation, we prioritise holidays over preparing for the future. Results show a whopping 72% of 18-34 year olds prefer to look for smaller more regular forms of gratification, such as holidays, rather than saving for houses and future investments.
The main reason for prioritising a holiday for almost half of those asked, was to escape the hustle and bustle of everyday life, even if it’s just for a week or two. One in five said that the difficulty of getting onto the housing ladder, made it seem like an impossible feat to even bother saving. These financial concerns also had an impact on holiday habits, over a third of younger holidaymakers admit to carefully planning their holiday budgets in advance, compared to 80% of over 55’s who feel they can be more spontaneous.
Holidays are a great way to get away from the stress of day to day routines, clearing our minds and making sure we come back feeling refreshed. With many people still feeling the pinch, it’s interesting to see just how important holidays are to so many of us, so much so that a break away with loved ones is often prioritised above other lifestyle purchases.
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