The Christmas season is nearing. Most people are used to traveling to their homes during this time. With ever-increasing holiday expenses and less income, people today are unable to enjoy traveling for vacation.
In several instances, it has been observed that youngsters have to inform their families about their inability to visit them during Christmas vacation. For individuals who own Ice cream, the business finds winter season very difficult for their business. During Christmas, these types of businesses often face lesser sales. In most cases, entrepreneurs owning this business have to look around for part-time jobs during the Christmas season to meet expenses. This is one of the major reasons they are unable to travel to meet their families during the Christmas holidays.
Unaffordable vacations
As per the survey conducted in 2019 by Wallet Hub, it was found that there is a big population of individuals who are unable to afford their winter vacations. This count was equivalent to around 33 million. During the same survey it was also recorded that over 20 million individuals are there who select to save money from their winter travels.
As per experts, millions of individuals feel that travelling during winter means they have to spend excess money on their family vacations. Overspending during this time also over pressurizes them and kills their annual budget.
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Increasing financial costs
As per Kate Wauck, who is the VP at the WealthFront, suggests that a single vacation to the bay area during the fall season can easily affect their financial stability. In some cases individuals also find it difficult to meet up all other expenses, including paying pending amounts for the current loan. They also feel that during this time, most individuals find it impossible to meet the expense of the increase of a return flight ticket to their parent’s home in Philadelphia.
Even if individuals have a rewarding job back at the bay area, still they feel that overcoming all major expenses made during their winter travels can only be reverted to normalcy if all other unwanted expenses are cut down completely. This means that most couples who have a nice job still have to cut down their household budget so the loss of winter travel can be covered up.
Speaking to your parents about cutting down their family holidays may never be an easy topic to discuss with them. The conversation might end up in a very unpleasant way
How to get started with this conversation with parents about a family vacation?
One of the easiest ways to let your parents know of your financial condition this year is to speak to them directly. You can just let them know that you are not able to make flight books as traveling expenses are getting very high this year. Even if this method is straight forward, and kid, but it may not be as simple as it looks
What do most people feel?
In general, most individuals are not very much comfortable speaking about their bad financial conditions. Many are ashamed to reveal their present financial conditions to others as they feel embarrassed. Some feel that if they can overcome this particular stigma, then it will make them feel more comfortable, mentally.
What should you do?
It is obvious that when speaking of your financial situation, you should be the lead character. It is important that you should be able to do all the explaining part to your family. You should try and make them understand how you miss them, even if you are not able to make it to them this vacation.
There are many individuals who face this financial dilemma and are unable to do that explanation part on their own. It is better to get started with the conversation a bit ahead of time and let your parents know of it. This will always prove beneficial for them to make necessary adjustments.
In most cases, it is advisable to avoid being straightforward when doing your explanation part.
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