FILE - A man stands on a crowded Waikiki Beach in Honolulu, Monday, May 23, 2022. Summer vacation season is here, and a lot of folks are willing to take on debt for their trips.found that nearly a quarter of Americans would skip a credit card payment before skipping a vacation.WalletHub Founder and CEO Odysseas Papadimitriou said he was surprised to see so many people willing to throw their finances to the wind for travel.
Papadimitriou said an island getaway might sound great, but it might not be if you spend your trip worrying about money or if you’re saddled with debt for months after your return. And filtering vacation planning through a lens of what’s a necessity can be an important part of overall prudent household budgeting, he said.
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