Every fourth Swede makes more trips abroad today than five years ago. This is according to a Novus survey conducted for Ticket. Most people finance their travelling with savings.
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ShareSavings
Regardless of income and employment, savings are the most common means of financing travel abroad. A total of 63% use existing savings, 20% have a salary to cover costs, 18% set aside a certain amount each month, 12% start saving a few months before booking their trip and 8% use their tax refund.
Two per cent of Swedes say that their partner is paying for the trip. Among 18-29 year olds, ten per cent say that their parents are paying for the trip.
Loans
Only one per cent of Swedes say that they borrow money from relatives to pay for their trip. Not a single Swede states that they take out an SMS loan to pay for their trip. "The vast majority of people set aside money regularly so that they can pay for their trip with their own funds at the time of booking. However, if it is a more expensive trip, some choose to split the payment," says Maria Gertell, Communications Manager at Ticket.
How do you do it?
It is positive that so many people are able to save for a trip. It is also positive that so few people choose to borrow to finance travelling! Are you one of those who consistently save for travel every month, or do you save more purposefully when you have a particular trip in mind?
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BP says:
Interesting reading and very positive that you don't take out loans to pay for your holiday.
We probably take a mixture of regular salary and savings depending on the cost of the trip. The Tel Aviv stay probably "hit" the savings account;-)
12 December 2013 - 8:53
Lena & Jan says:
Interesting figures, the Swedes seem to be a people with "orderly" finances!
12 December 2013 - 19:08
Lennart says:
Good thing so few people are borrowing for the trip!
How fun can it be to pay long after the trip is over!
12 December 2013 - 21:42
admin says:
BP, that's probably the case for us too. Depends on the economy at the moment and how expensive the trip is.
Lena & Jan, it seems so. Good thing people don't borrow!
Lennart, oh no. Saving in advance is one thing, but paying afterwards is boring!
12 December 2013 - 22:57