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Credit Score & Credit Repair

Most Consumers Overspend on Vacation: Here’s How to Stay on Track

While many consumers say they design their vacation plans in such a way to save money, 60{7dabfd103aa443fce219eea47f0f346a11a54ce587a1a0cbb74f06b9f7a304ca} of consumers said they exceed their summer travel budgets every year, according to a nationally representative survey conducted on behalf of Citi ThankYou Premier card. Nearly a third (30{7dabfd103aa443fce219eea47f0f346a11a54ce587a1a0cbb74f06b9f7a304ca}) said they avoid holiday weekends when scheduling their vacations because of the high costs associated with them — only 11{7dabfd103aa443fce219eea47f0f346a11a54ce587a1a0cbb74f06b9f7a304ca} said Memorial Day is the best time to arrange summer travel. For those who plan to take a vacation this summer, most (74{7dabfd103aa443fce219eea47f0f346a11a54ce587a1a0cbb74f06b9f7a304ca}) say they’re going to do so by car. On average, gas prices are about $1 per gallon cheaper this year than last year, according to AAA’s data on national fuel costs, though the average