Travel no.1 reason to save for half of young people, says TrekAmerica
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Half of young people considering travelling as their number one reason to save, according to TrekAmerica. Whilst young people also valued nights out as a top reason to save up, it was travel that came out resolutely on top: two thirds of those questions spent their money on this, with 70% willing to dip into their savings in order to fund their adventures. The US tour specialists recently conducted independent research on 17-30 year olds to find out just how important saving is to this group, the lengths they will go to to achieve their saving goals, and how young men and women approach saving differently. Obviously, this inherent case of wanderlust means those aged 17-30 (hardly the most affluent bunch) need to take saving up seriously - in 2013 young people spent £133 billion on travelling, with the average price they were willing to pay coming in at £1600. That’s a lot of months of penny-pinching – 14 months on average, in fact. The results also found that 52% believe that they’ll have more freedom to travel when they’re young – so now really is the time to get out there and see the world.
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