Parents go to extremes to save up for family vacations

The “dream vacation” for American families takes nearly a year to save up for, according to new research.

A study examining the lengths parents go to try to give their children perfect childhood memories found moms and dads have to save for 10 months on average in order to make it happen.

Whether dreaming of making memories at Disneyland, flying across the world or enjoying the luxury of a cruise, parents put an average of $416 dollars into their dream vacation fund each month.

From reducing their own spends on socializing or ordering take-out, to using coupons, foregoing date nights and shopping in discount stores, the research unearthed the biggest efforts parents make in trying to bring their kids that dream trip.

It’s worth the trouble though – as the vast majority of parents (89 percent) believe it’s important for their children to travel.

Top reasons for this include the importance of experiencing a new area or culture (74 percent), strengthening family relationships (73 percent) and giving children both the opportunity to have fun and to learn new things (67 percent).

The study of 2,000 parents with school-aged children found that parents spend an average of six months carefully planning their dream vacation and working out how to make it a reality.

The survey, conducted by OnePoll and commissioned by Visit Anaheim in advance of World Tourism Day 2018 (Sep 27), found that two-thirds find it difficult to put money away – which is why 56 percent fear they’ll never be able to save enough for their ideal vacation.

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