I’m stretching the word “Budget” here, as our typical vacations aren’t really what most people would consider cheap. However, given our new found love for the FIRE, we’ve been trying to scale down on the “luxury traveling”, and now spend an awful lot of time, trying to find the best “value for money” vacation spots. It suits my frugal mind just fine. (Brace yourself folks, this is going to be a long one!).
Historically though, this was not always the case. I’ve never been the kind of guy, to go for the most expensive stuff that money could buy – but spending a monthly salary on a weeks vacation was not uncommon for us (this was before we had a kid). These days, we try to spend around 1/3 of a monthly salary (my salary) on a weeks vacation (to somewhere warm, typically). It’s still a lot, all things considered – but remember that lifestyle inflation is a lot easier than lifestyle deflation 😉