Jun 13, 2024, 6:53 PM
Jun 12, 2024, 7:10 PM

Study finds 45% of parents take on debt for Disney World trips

Highlights
  • 45% of parents with children under 18 go into debt for trips to Disney World.
  • Average trip to Disney World puts parents $2k in debt.
  • Parents are willing to spend thousands to visit the Walt Disney World Resort.
Story

A new survey by Lending Tree shows that an increasing number of people are going into debt to afford a trip to Walt Disney World. Nearly a quarter of Disney visitors have taken on debt for the trip, with parents of young children being even more likely to do so. On average, those in debt took on around $1,700, with men being twice as likely as women to go into debt. The biggest unexpected expense was concessions, with many people underestimating the costs of in-park food and beverages. Despite the financial strain, most people do not regret going into debt for the Disney trip, viewing it as a valuable experience for themselves and their families. The study also found that a significant percentage of parents are willing to take on debt to fulfill their children's dreams of visiting the magical theme park. Overall, the survey highlights the emotional significance and lasting memories associated with a trip to Disney World, making the financial sacrifice worthwhile for many families.

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