Posted 12/19/2023, 11:00:00 AM
Millennials Prioritize Travel over Traditional Milestones, Seeking Peace of Mind and Escape from Financial Struggles
- Nearly half of millennials said traveling was a top goal for them in the next 5 years, more than any other generation
- Millennials are choosing to travel over traditional financial goals like paying off debt, buying a home, advancing their careers
- Two millennial travelers said peace of mind and mental health motivates their generation to travel
- Millennials came of age during the Great Recession and have lower financial wellbeing than their parents
- Some millennials feel traveling is a better use of time and money than "struggling" with low salaries and high costs of housing/debt