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The Expert in Baby Boomer Travel

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travel finances

You can be a jet setter if you follow some simple financial rules.

You can be a jet setter if you follow some simple financial rules.

Today’s guest post is by financial writer Jackie Edwards, who offers some tips on how to get your finances in order to budget for your next big trip (and beyond).

Among other tips, she cautions that while international travel isn’t just for the rich, you should approach travel as an investor would — making sure it pays off for you personally.

Good planning, choosing the right destinations, and learning about personal finance are other ways to develop a realistic travel budget. So don’t assume you can’t afford foreign travel — instead, make it happen using the resources you have (or can develop) and using them wisely.

By Jackie Edwards

The term “jet-setter” implies a person who hops around the globe, seeing places others only dream of. It’s often used in conjunction with other terms like “the wealthy”… Continue reading

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According to government and private surveys:

  • Leading-edge baby boomers (born between 1946 and 1955) and seniors account for four out of every five dollars spent on luxury travel today.
  • Roughly half the consumer spending money in the U.S.--more than $2 trillion--is in the hands of leading-edge baby boomers and seniors.
  • Baby boomers (born 1946-1964) travel more than any other age group.
  • When asked what they would most like to spend their money on, baby boomers answered “travel” more than any other category, including improving their health or finances.

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