Debt ‘not stopping Brits going away’

Over a third of Brits are willing to go into debt in order to escape for a holiday, according to a survey.

The report from Lonely Planet showed 35 …

Over a third of Brits are willing to go into debt in order to escape for a holiday, according to a survey.

The report from Lonely Planet showed 35 per cent of respondents are willing to put the cost of the trip on a credit card and almost a quarter are prepared to sell possessions to fund a trip abroad.

In contrast only one per cent reported that they wouldn’t take a holiday because of a lack of money.

However, those struggling for the cash often try to save elsewhere, with 63 per cent admitting they would adjust their lifestyle in order to go away.

Nearly all of those who responded chose cultural sights as the most important aspect of a vacation, with nature and scenery the second-highest importance.

One way to reduce the cost of travelling is to minimise the use of credit cards while abroad, according to moneyfacts.co.uk.

By James Perkins

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