Parents are looking to give their kids some summer fun with family getaways and vacations, but according to a new study the stress of planning the perfect vacation is taking its toll.
MasterCard reports that 50% of Americans will be heading out to various designations this summer, but a whopping 89% of them are stressing out about the details, as well as being anxious about how much time and energy it takes to make sure it’s a great getaway
Stress and more stress
Whether buying a home or going on vacation location is everything, and this year nearly half of the respondents are stressed over finding the perfect location. Spending time looking for family friendly hotels and vacation rentals was one of the main stressors for 44%.
Once a trip is booked, 57% said getting to and from the airport with enough time to make it through all the checkpoints and make their flight, takes them through some mental gymnastics.
What about fun? Nearly half are worrying about planning their itinerary and making sure that it’s not only fun, but a one-of-a-kind experience.
Women are more stressed out about vacation plans than men (74% vs. 67%). People who are scrambling for vacation plans are the ones left feeling it the most and wishing that planning a summer holiday was easier, when compared with those who have their vacations already booked. (72 percent vs. 66 percent).
Credit and debit cards are winners
Nearly all (93%) of people will be using their credit, debt and prepaid cards to pay for many of their vacation expenses and are giving cash a pass this year.
They definitely have their reasons:
Credit and debt cards are convenient (80%)
Protection against fraud and theft (65%)
Keeping track of expenses (49%)
Earning points, rewards and cash back (46%)
Avoiding currency exchange fees (45%)
The study was conducted by telephone and included 1,006 adults (489 men and 517 women) 18 years of age and older. The interviews took place from May 1 to 4.