How Much Do You Spend on Vacation?

I'm a current analyst, and I am going to be lateralling to a different role this coming spring. I am planning on taking a month or two off in between jobs and want to do a bit of traveling. Tropical island is my destination of choice, and I want to take my gf with me. I haven't had the opportunity to travel much in my life so far, so this is all relatively new to me. I've been looking at some of the different islands, and all in it seems like I am going to be spending $5k+ for a week or so stay. Growing up I didn't have much, so spending that amount of money makes me a bit uneasy.

For perspective, I'd love to hear what some of the other guys on this site tend to spend on vacation. Am I spending way too much? Has anyone done any unique trips after their analyst years? Also, I am very much open to suggestions on where to go. Thanks!

Comments (40)

  • Analyst 2 in S&T - Other
Dec 23, 2020 - 6:32pm

Also interested in this. Did a trip after college out to Vegas and I spent like $2000 with a few of my friends for 10 days or so. Want to do something again before associate

  • 1
  • Investment Manager in HF - Other
Dec 23, 2020 - 6:41pm

I've done many Vegas trips, starting at the analyst level when I had a similar budget (think I spent ~$2.5k including airfare) to the most recent that was many many times more. 

Depending on the type of trip you want (high end food, nightclubs, golfing, etc) I think $5k gets you a great weekend if your friends are good with pitching in. 

Most Helpful
Dec 23, 2020 - 7:13pm
Bankerconsu, what's your opinion? Comment below:

this is the type of area i'd spend money on. you get can more money, you literally cannot buy time back.

Weekend trips to vegas used to run ~2-3K a person including gambling losses (yes i fucking suck at sports betting). Your 5K for a week on a tropical island with your girlfriend sounds about right. Not overboard

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Dec 24, 2020 - 11:48am
m8, what's your opinion? Comment below:

Vacation is one of the few areas where I splurge. Enjoy yourself. You have limited time off, don't waste it trying to save 1k here or there that in the grand scheme of things is meaningless.

With that being said, I try to keep it reasonable. If I go to Europe, I'm not spending 500$ a night on a hotel room when $200 gets you an equivalent AirBnb with more space. I'm certainly not flying first class, which I think is a waste of money. 

Which islands are you looking at? You'll get more bang for your buck in Central America vs the Caribbean, and I think it has a better vibe. 

Dec 24, 2020 - 7:03pm
Kevin25, what's your opinion? Comment below:

I was traveling around the world for about 9 months after graduation. visited 30+ countries and had a time of my life (saw a lot of famous places, had 30+ local girls, tried local cuisines, etc.). spent about $10k on the whole trip. I stayed at cheap airbnbs and hotels from booking.com, ate at cheap restaurants (fast food, street food, in cheap countries I went to good restaurants that are super cheap for American standards), used public transport and local uber in places with bad public transport.

but yeah, other people spend $10k on a luxury hotel where they sit at the pool for 10 days sipping booze and seeing nothing. it's up to you how you want to travel.

  • Prospect in RE - Comm
Dec 25, 2020 - 9:19pm

Would I be able to Pm you about this? I'm graduating in spring and would love to do this (or atleast a shortened version) before starting full time in late Summer.

Dec 24, 2020 - 9:52pm
Hunter324, what's your opinion? Comment below:

I'e recommend Tulum if you're looking for a good beach spot that's good bang for your buck. A week at an all inclusive high end resort was less than $3k for myself and my girlfriend.

Also try to use credit card points if possible to get free flights or accommodations. This can save you a ton.

Enjoy the trip!

Array

  • Analyst 1 in IB - Cov
Oct 19, 2021 - 4:01pm

As a Mexican and environmentalist, please void Tulum. There is no infrastructure and the environment is hurting so bad. The second largest reef in the world is in Mexico and it is dying due to climate change and constant disregard by the government to develop Tulum for tourists with no regard for people who actually live there.

Dec 25, 2020 - 3:33am
Big Banker Brand, what's your opinion? Comment below:

At what point did y'all decide to start paying for your girlfriend on vacation? A certain age, stage in your career, pay? Just curious since a few of you have mentioned it so far

Array

  • Analyst 2 in S&T - Other
Dec 25, 2020 - 7:59am

I personally think it's more dependent on if your gf can pay for it herself or not. If she doesn't have the money, and you want to take her, then go for it. Spend time with people who make you happy

  • 1
Oct 19, 2021 - 1:30pm
AmeliaNorth, what's your opinion? Comment below:

I think this is an average amount for two people on vacation, don't worry. I understand your worries that such a sum seems too big, I had the same thing when I started earning a lot, but I still remember how my parents and I lived poorly in childhood. It all goes away, and the main thing is to understand that you are not hostages of your childhood and deserve to live in comfort and prosperity. My wife and I don't often rest, as our jobs are already connected with travel. But when we go on vacation, my wife prefers to stay in LosAltosResort.com since she likes it there. In general, I don't mind; I have a good rest everywhere.

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  • Anonymous Monkey
  • Rank: Chimp
Oct 19, 2021 - 1:52pm
Anonymous Monkey, what's your opinion? Comment below:

I spent all of COVID travelling while studying remote and it was a blast.  Get an Airbnb in Southern Europe by the sea or a lake (You can get < 1000/month for a pretty large apartment in Turkey or the Balkans, even in a capital city) and just take it all in.  

  • Associate 1 in ER
Oct 19, 2021 - 1:56pm

Seems normal 

domestic vacations are a lot cheaper - $2-3k for me and +1 for a week

international is $3-10k, depending on how long, locations etc

- always pay more for the direct flight, unless it's like triple the cost -

- generally 'pay up' that extra $50-100 night if it means going from holiday inn to a four seasons tier 

Oct 19, 2021 - 6:01pm
m_1, what's your opinion? Comment below:

~$5k - $10k for 3 nights usually. Two of us. I don't think you can enjoy nicer things once you have kids for a while so may as well do it now before kids. There's no fucking way I'm taking some mac and cheese eating 6 year old to a nice restaurant or I will die inside.

Oct 21, 2021 - 3:04am
hansen_stan, what's your opinion? Comment below:

Oh, it usually depends on the place I wanna visit. But in general, I'm trying to be economical enough. I usually don't waste much money on souvenirs or other unnecessary items. But sometimes I wanna spend a lot to become happy, so spending around 2k bucks can be a true story for me, but it happens rarely. I honestly adore traveling, especially by plane or train. I've recently been in Germany and got several train tours on dbauskunft.com which turned out to be a good investment for me. I saw a lot of nice places from the window while traveling on the perfect german railroads. It was a great experience for me.

Oct 25, 2021 - 5:39am
alvinabish, what's your opinion? Comment below:

It usually depends on the place I wanna visit. When I go abroad in Europe I spend too muchhh. When somewhere near the lake in my state....I spend only on gas and food, lol.

Aug 17, 2022 - 5:14am
AmeliaNorth, what's your opinion? Comment below:

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Jul 30, 2022 - 3:41am
NeedSomeHelp, what's your opinion? Comment below:

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