Traveling without unraveling: How to vacation the right way

It seems many Canadians have made a New Year’s resolution to travel more., the Canadian branch of the popular travel-planning website, has announced the results of its latest survey. It concluded…

Both millennials and baby boomers are looking forward to reaping the benefits of travel in the new year – vowing to have a better balance of work and play, take more vacation days and reduce stress.

Before conducting the survey, Travelocity guessed that those under 30 would have different travel goals than those over 50. But it turned out both groups have a lot in common when it comes to taking time off.

“Surprisingly, the data reveals they look for the same things in travel,” Travelocity says. “While household income, age and time restraints may differ, 28 percent of millennials and 27 per cent of boomers named their top travel resolution in 2014 as exploring history, art and culture. In second place, 23 per cent of millennials and 24 per cent of boomers want to experience a luxe all-inclusive beach vacation in 2014.”

What about everyone in the middle of those two groups?

“Overall, Canadians of all generations rank travel as highly important with 88 per cent of millennials and 89 per cent of baby boomers saying they plan to travel just as much, if not more, in 2014 as they did in 2013.”

Jeff Schwartz, executive director of Consolidated Credit Counseling Services of Canada, is encouraged by the news – as long as Canadians vacation responsibly.

“We all need time away from our routine,” Schwartz says. “But we should never take time off from being financially responsible.”

That’s why Consolidated Credit has a free four-part web report on Vacation Budgeting. Check it out.

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