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Students sticking to budgeted travel for spring break, while some may opt for consumer credit counseling for financial help
By Angela Hawke on Mar 8th, 2010
A recent survey shows that many students are cutting back when it comes to travels for spring break this year.
According to consulting research firm Oncampus Research, 46 percent of respondents to a survey said that plan on staying home during this year's spring break. That's compared to the 37 percent who said so when a similar poll was conducted in 2008.
Money was the top reason why young people are not traveling for spring break this year. Of respondents, 40 percent said they could not afford to go anywhere this year. Another 20 percent said that work was holding them back, while 18 said they want to spend time with family or friends.
Furthermore, younger people who are traveling are doing so in a less expensive fashion. Of those surveyed, 44 percent said they picked a location to travel to because it was less expensive. Another 30 percent picked a vacation destination they could reach by using a car rather than flying.
By making these decisions, young people may be able to stick to their budgets a bit more easily. However, others may not have a spending plan at all, which is why they may consider visiting a consumer credit counseling service.
Such a service can help by analyzing a person's income and expenses and then developing a budget that fits the given situation.
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