Struggling to Take a Week-Long Vacation? You're Not Alone, Especially if You're a Single Parent or a Family with More Than Two Kids in Germany!
Approximately 20% of Germans struggle to afford a week-long vacation. - Almost 20% of Germans struggle to afford a week-long vacation.
Let's cut to the chase: Over a third of single parents in Germany can't even dream of a one-week vacation, and over a quarter of households with just two grown-ups and kids can't either. But it gets worse for families with more than two kids - a whopping 29% are stuck at home, struggling to make ends meet1.
That's the harsh truth straight from the Federal Statistical Office in Wiesbaden. Single individuals also face daunting odds: 29% can't take a week off to unwind, which is higher than the national average1. But there's a silver lining: Couples without children seem to be the lucky ones, with only 15% feeling the vacation-budget pinch1.
But here's the kicker: Kids aren't just tiny goldfish who grow faster - they demand more attention, care, and, of course, cash. The European Union's Support Office for Statistics noticed a striking pattern: Households with fewer children generally have an easier time affording a break, while those with three or more kids face a tougher reality2.
What does this all mean? Well, if you're a single parent or a family with three or more kids tiptoeing around the stress of budgeting for a vacation, don't feel alone. The Blues aren't just limited to Germany - EU-wide, single parents experience greater financial pressure that often leaves a vacation off the table2.
Summing it up:
- Single parents and families with three or more children in Germany have the most difficult time affording a vacation, with over a quarter grappling with their pockets1.
- The number of children in a family can significantly affect vacation affordability, with families having three or more children facing greater financial challenges2.
- Across the European Union, single parents living in couple households face greater budget constraints, making it challenging to afford vacations2.
- Despite the financial challenges, it's important for families in Germany, especially single parents and families with three or more children, to prioritize setting aside funds for personal-finance management, ensuring they can afford necessary expenses like vacations.
- To improve the situation, it might be beneficial for families in this situation to explore various personal-finance strategies, such as budgeting, saving, and increasing income, in order to largestly reduce vacation-related financial stress.
