Home

Millions of Americans Can’t Afford To Travel For Holidays, Survey Finds

By Parker Diakite

Share

Traveling during winter holidays is a trying time, for both your patience and wallet.

 

As people head into one of the most expensive travel times of the year, a recent study conducted by WalletHub found that at least 40 percent of Americans are opting to stay home this winter because they can’t afford it.

PHOTO| WalletHub

 

WalletHub’s Winter Travel Survey comes amid recent reports that the U.S. economy is flourishing. The unemployment rate dropped to 3.7 percent: its lowest level since 1969, the Labor Department recently reported.

 

Despite the unemployment statistics, many Americans are feeling the strains in their pockets.

 

“U.S. consumers will be shelling out billions of dollars in extra charges they otherwise could be spending on other things such as travel,” Mark A. Bonn, director of the resort and vacation rental management program at Florida State University, told MSN. “This makes it difficult to travel now, let alone after the holiday spending has ended.”

 

Even more alarming, the survey also revealed that more than 90 percent of the people surveyed believe that airlines take advantage of travelers by charging higher fees.


PHOTO| WalletHub

 

That’s why many of the respondents said they were looking into ways to make their holiday travel plans more affordable.

 

At least 80 percent of respondents plan to apply for a new credit card to save on travel this winter.

 

Following results from the survey, WalletHub analyzed which credit cards would benefit those planning to apply for a new one to travel.

 

WalletHub ranked the Barclaycard Arrival Plus Card as the best because it has an initial bonus of 60,000 miles, worth over $600 in travel, for spending $5,000 in the first 90 days.  Also, cardholders earn 2 miles per $1 spent on all purchases.

 

Capital One Venture was ranked as the second-best travel card by WalletHub. Analysts said the card offers the “best all-around travel rewards cards with a great initial bonus.” Spending $3,000 in the first 3 months will get travelers  50,000 bonus miles, which will earn cardholders an extra $500 in that can be used for any travel-related expenses that appear their bill.
Share
Travel Noire

Parker Diakite

Want more?

Get exclusive, unpublished tips from Travel Noire's CEO to help you get off the beaten path, into the hearts of locals and onto a better, more cultured life.

Meet The Group That’s Coordinating ‘Birthright Trips’ To Africa

Meet The Group That’s Coordinating ‘Birthright Trips’ To Africa

This year’s 400th year anniversary of the first Africans to arrive in America has sparked an interest in ancestral tourism with people from the United States, Caribbean, and Europe seeking to explore their West African roots. Tourism in Ghana has nearly doubled this year alone after the country’s President Nana Akufo-Addo announced the “Year of […]

Parker Diakite

Nipsey’s Around The World: This St. Louis Woman Feeds 100 Kids In Her Neighborhood Everyday

Nipsey’s Around The World: This St. Louis Woman Feeds 100 Kids In Her Neighborhood Everyday

There are still great people in this world. St. Louis resident, Champale Anderson is living proof of this. As a mother of 6, she understands that it can be hard for families to feed children as they grow. Therefore, she began purchasing food and snacks, from her own money, to prepare 100 bag lunches daily […]

DeAnna Taylor

Unruly Passengers Are On The Rise & Here’s How They Get Away With It

Unruly Passengers Are On The Rise & Here’s How They Get Away With It

The number of disruptive passengers is increasing in the friendly skies, according to a report from the International Air Transport Association. The numbers, which were released back in 2017,  revealed that there is at least one unruly passenger for every 1,053 flights compared to the incident rate of one incident every 1,424 flights. IATA categorizes […]

Parker Diakite