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Do You Spend More Time Planning Vacation Than Your Finances? You're Not Alone

Monday Aug 5, 2019
Do You Spend More Time Planning Vacation Than Your Finances? You're Not Alone

A new survey released by MyBankTracker.com compared how much time people spend planning a vacation versus planning their finances. Considering how much more complicated and necessary finances are than vacation planning, these results may be surprising:

  • More than half of respondents spend more or an equal amount of time planning vacations than their finances (54.1%)

  • 1 in 5 Americans (20%) spends more time planning vacations vs. managing their money

  • Of the 11.2% of people that reported "spending more than 5X planning their vacation than planning their finances," nearly 60% were men

  • 46% of respondents claim they spend more time planning finances than vacations

  • The age group that spent "more than 5X more time planning a vacation than finances" was the 25—34 age group, with nearly 29% of respondents

  • The 35-44 age group was the most financially focused, having the highest percentage of respondents that spent 5X more time planning their finances than a vacation with 26.8%

    The study was conducted through Google Surveys on behalf of MyBankTracker from July 17, 2019, to July 19, 2019, with 999 respondents in the United States of age 25 to 64 with a standard deviation of +/- 3.7%.

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