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Memorial Day And Some Summer Spending Statistics

Last Updated: BY Michelle Schroeder-Gardner - 30 Comments

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Hello everyone! Today’s post is just a short one due to the holiday. On Wednesday, I will have a new post for you to enjoy.

I hope all of you had a fun weekend and I hope it’s a great Monday for you too. For those of you here in the United States, it’s Memorial Day.

Last year, I published an infographic from the U.S. Department of Veterans Affairs that I recommend you check out if you didn’t see it last year. I want to thank everyone who has served and is currently serving in the military. If it weren’t for all of you, I don’t know where I would be. I know I mainly talk about personal finance here on my blog, but please remember the true meaning of Memorial Day.

While last year’s Memorial Day post was more about the real meaning of Memorial Day, today will be more light and I wanted to include the infographic below about summer spending (no, this is not sponsored – I found the infographic myself and enjoyed the statistics that were included).

After all, Memorial Day to many also means the start of summer!

If you are looking to start your summer off right, below are some posts you may want to check out:

How much do you think the summer months will cost you? Anything in the infographic below surprise you? What are you doing today?

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About Michelle Schroeder-Gardner

Michelle is the founder of Making Sense of Cents, a blog about personal finance and traveling. She discusses how her business has evolved in her side income series. She paid off $40,000 in student loans by the age of 24 mainly due to her freelancing side hustles. Click here to learn more about starting a blog!

Comments

  2. Thomas @ i need cash ASAP! says

    This makes total sense. We usually have a wedding or two each summer. Plus vacations, BBQs and parties, it all starts to add up quickly.

    We try to keep our vacation costs down by going camping. We go three or four times over the summer for a total cost of ~$600.

    Reply

  3. Giulia says

    Well this summer I am going to work till the end of July and use free weekend for miny gateways absolutely low cost, a mix between staycation and little holiday, but I have always a budget to respect!!!

    Reply

  6. Mrs. Frugalwoods says

    Our vacations tend to be pretty frugal (and we often use points/travel hacking to make them cheaper), but I can see how a vacation could cost that much. And, I think this is our first summer in quite awhile that we’re not traveling a lot for friends’ weddings. I love weddings, but it does get expensive!

    Reply

  7. Kalie says

    We will definitely spend some dough on vacation this summer, but we save by renting a home with 2 other families and not traveling too far (by car). We also go camping (just got back from a weekend trip), which is very inexpensive, fun, and great for the kids–probably better than summer camp which is fun but kind of artificial. I will spending a ton this summer to travel to India for a 2-week missions trip. But I think it’ll be worth the cost to help others and hopefully gain some perspective on the world & my life.

    Reply

  9. Amy @ DebtGal says

    This hits on my family’s largest-ticket items for the summer – a vacation in Maine and summer camp for my daughter. We’re driving to Maine, but still have to pay for hotel and meals. I’ll do my best to keep meal costs under control by bringing breakfast foods and snacks. Still, I’m really looking forward to enjoying a lobster roll or two… 🙂

    Reply

  11. Brian says

    I am not looking forward to summer camp expenses. I know there are several in the state and they range from very affordable to HOLY COW that’s insane.

    Reply

  12. Allison @ Frugal on the Prairie says

    I think it’s awesome that 71% of people will spend less than $1,000 on a vacation! We are taking advantage of credit card rewards and other perks. We don’t have to worry about hotel expenses so we’re “cheating” in that regard. But this year we will spend less than $500 on our family of three for a week in Florida.

    Reply

  13. Sylvia @ Professional Girl says

    I am hoping this summer I can be a part of the 71% who spends less than $1,000 on vacation. I don’t want to spend a lot on vacation because I have other trips I would like to take and because last summer I spent a whole lot of money I didn’t have.

    Reply

  14. Jason B says

    I’m a fan of infographics. I’m surprised that only 46% of people that make over 100K budget for a vacation. I thought the number would be higher.

    Reply

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