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| Name | How Americans Are Paying For Vacation |
| Video Uploader | Video From CNBC |
| Upload Date | This Video Uploaded At 29-06-2024 16:00:36 |
| Video Discription | More than one-third of summer vacationers say they are willing to take on debt to pay for travel this season, according to a March 2024 report from Bankrate. The average vacation for one person in the U.S. costs nearly $2,000 per week, according to BudgetYourTrip.com. An analysis by Forbes Advisors found that 28% of Americans across all generations say they have less than $1,000 in personal savings as of May 2024. Watch the video above to learn about those vacation-spending practices and what financial experts think about them. Chapters: 0:00 Introduction 1:16 Credit card debt 3:12 Taking out a loan 4:58 Economic consequences 6:54 Fun on a budget Produced by: Charlotte Morabito Edited by: Dain Evans Animation: Jason Reginato Supervising Producer: Lindsey Jacobson Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: https://cnb.cx/4aryNgM Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC How Americans Are Paying For Vacation |
| Category | News & Politics |
| Tags | affording summer vacation | budget travel tips | vacation planning 2024 | travel on a budget | saving for vacation | creative travel financing | affordable summer trips | managing vacation costs | travel debt trends | economic impact of travel | budget-friendly vacations | travel savings strategies | vacation on a budget | travel tips 2024 | affordable travel hacks | summer vacation planning | managing travel expenses | family vacation budgeting | cost-effective travel |
