Brits spend £350,000 on foreign holidays over a lifetime

Whether it is a European stag weekend, or a family holiday to the States that you are planning this summer, the cost of your trip is a drop in the ocean compared to the £350,000 us Brits spend on foreign holidays during our lifetime. A study of 3,000 adults has revealed that we spend the price of a good house on our holidays during our lifetimes, as we pay for our first trip abroad at the age of 17 and will go away twice a year until the age of 78. The study found that the average holiday package costs around £1,100 but other costs incurred on the break will increase the cost to an eye-watering £2,981.41. Paul Smith of E.Z. Pay, which commissioned the study, said: "People often underestimate how much they will need to budget for a holiday abroad. "The average respondent claims to save for about six months in the lead up to a holiday, but still they get caught out by spending more than they had anticipated when abroad. "It is easy to budget for things like food and drink, or entertainment, but unexpected charges when withdrawing cash or credit card fees can hit you when you get home, and suddenly you're paying for a holiday long after it has finished." The Stag Company can also help save you money on your stag do abroad, so get in contact for a bargain quote.