New research from Myvouchercodes.co.uk has revealed that more than a third of Brits admit that they will go on holiday this year even though they can’t afford it, with the large majority claiming that they will use ‘credit cards’ to fund their holiday.
In a bid to discover more about travel spending habits, the company polled 1,919 people aged 18 and above from across the UK and initially asked them ‘Are you planning on going on holiday abroad this year?’, to which just under two thirds, 64%, answered ‘yes’.
The respondents who were planning on taking a break were then asked to specify if they could realistically afford their holiday, to which more than a third, 35%, said ‘no’.
According to the results, the top ways that cash-strapped Brits plan to fund their holiday this year were credit card (31%), broowing money (22%), using savings (17%), asking a partner to pay (14%) and a loan (9%).
The company's chairman Mark Pearson said: “With weather like ours, going on holiday is probably one of the things that we Brits look forward the most every year, so I’m not surprised to see that so many people still plan on going away even if they can’t afford it."