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Families sacrifice holidays because of money worries

Posted on 5 Apr at 9 AM Tags:

Recent research has revealed that nearly a quarter of families in the UK have sacrificed their annual holiday in order to pay for other necessities. As the UK economy continues to languish in the doldrums 22 per cent of respondents to a survey conducted by Kleeneze said money worries meant they had to forgo a family trip away.

Just over half of those who replied to the survey said the cancellation of a holiday had caused disappointment and 10 per cent said missing out on a holiday had led to arguments. Nearly one in five said they had made up for not going away by spending money on other treats suggesting that not taking a holiday may be a false economy.

Of those who refused to cancel their holiday 34 per cent said they had resorted to taking steps to make sure they could take the family away. Most said they had cut back on other expenditure, and 64 per cent said they had worked extra hours in order to earn more cash.

Kleeneze sales director Lisa Burke said redundancy, reduced hours and pay freezes were clearly taking their toll on families when it came to spending time away. Just under a fifth of respondents said they had relied on other members of the family such as grandparents and parents to help fund a holiday.

Researchers found that families in Northern Ireland were the most likely to sacrifice a holiday followed by those living in North West and East Midlands.

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