Tue 7 Oct 2008
In planning for an upcoming post on unconventional ways to fund your travels, it recently struck me - there is a global economic crisis going on. Money, and how to squeeze more out of it for your travels, has been on my mind lately.
I want to know, has the global economy effected your travel plans?
Has The Global Economic Crisis Effected Your Travel Plans?
- No, my travel plans haven't been affected at all (50%, 7 Votes)
- Somewhat - I'm still traveling, but cutting back on spending (36%, 5 Votes)
- Yes - I've had to cancel my current plans (14%, 2 Votes)
Total Voters: 14
Loading ...Feel free to add to the poll by sharing your thoughts in the comments.
Loading ...13 Responses to “Has The Global Economic Crisis Effected Your Travel Plans? [POLL]”
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October 7th, 2008 at 6:52
It’s interesting: most long-term travelers aren’t making money anyway… but asset values are getting hit.
But short-term travelers are likely to cut back on travel, both expenses and time.
Personally, I think recessions (assuming the US / world is entering one) are good times to travel…
October 7th, 2008 at 7:47
@ Taylor:
Good point - the economic downturn (depending on how long it will last) will probably hit short-term travelers with long term debts.
For long-term travelers economic issues will be felt on a much more local and regional level.
I don’t think it’s all doom and gloom however, it’s a great time to travel - especially if you can save a little bit every month towards your travels.
October 7th, 2008 at 8:50
So far, our plans remain the same. Our house is on the market and I am optimistic it will sell before the market here drops any further. Once it’s sold, our plans will move forward as before and I actually think we’ll be better off traveling during this time!
October 7th, 2008 at 9:15
@ Gillian:
I’m glad to hear that the poor economy hasn’t hurt your travel plans. And good luck in selling the house!
I just moved into my new home and it was a struggle to purchase - a great deal for a lot of hassle, but that’s another story!
October 7th, 2008 at 10:05
I will be gone for three months which is not that long. Hopefully things will be better by the end of Q1 next year. While the crisis hasn’t affected my plans, it has certainly got me worried over how to save for the next trip!
October 7th, 2008 at 10:30
@ Priyank:
I’m in the same boat - the crisis hasn’t yet affected my current plans directly (since I don’t have any right now), although I’m sure I’ll have a much smaller (than already small) travel budget for next time!
My next round of travel planning is coming up very soon - I think I’ll really feel it then.
October 8th, 2008 at 0:55
didn’t effect me?
October 8th, 2008 at 6:00
[...] I asked you has the global economic crisis is affecting your travel plans, and for the most part it hasn’t - although as Priyank mentions, it does have him a little [...]
October 8th, 2008 at 6:46
@ Nomadic Matt:
Before posting the question I researched affect vs. effect for a while since they both confuse me. On second check, you are correct, it’s effect.
Thanks for the heads up.
October 18th, 2008 at 2:22
The crisis was actually good to me, I can now travel more in my country; the dollar had an increase of like 18% and I receive most of my payments in $$ .
October 18th, 2008 at 9:49
@ Journeyetc:
As the dollar falls, someone gains.
October 31st, 2008 at 13:04
[...] recessions are a good time to travel notes [...]
November 13th, 2008 at 8:18
[...] Tweak, update, or recap an old post that may again be relevant (i.e. has the economy effected your travel plans?) [...]