Travel & Destination
Summer vacation travel: 24% of Americans can’t afford to take one
Your relaxing summer vacation could be interrupted by hoards of other tourists if you plan on going to one of the most popular vacation spots. Buzz60's Sean Dowling has more. Buzz60
Not taking time off from work is not always the best policy as other studies have found that workers who take vacations are generally more productive and happier at their jobs.
"It’s important for Americans who have vacation time to use it, even if it’s for something as low-key as a 'staycation,'" said Bankrate.com analyst Amanda Dixon. "Otherwise, it’s almost like you’re leaving money on the table."
Among the lucky Americans fortunate enough to be heading out for a summer vacation, the median amount they plan to spend is $1,000. But many plan on spending more than that with 24% expecting to drop $2,000 or more.
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Can you afford to take a summer vacation this year? 24% of Americans say no
Memorial Day is prime time to plan a vacation, but about a half of Americans say they don’t plan on taking a vacation this summer, according to a new Bankrate.com survey. And 24% cite money as the main reason why they aren't.
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