Aussies are shifting their everyday spending habits to save more cash for travel, according to new data released by global travel app Skyscanner and digital bank Up.
Three in five (57%) are cutting back on non-essential shopping, with two in five (40%) even going as far as to ditch their daily coffee runs in order to put more money aside for their next holiday.
Additionally, more than one-third (32%) are timing big purchases, including home upgrades and new cars, around their travel goals.
The research also found that Aussies are planning ahead when it comes to booking travel, with 53% booking flights early and 52% pre-paying major expenses to manage costs.
The findings are not surprising, considering that seven in 10 (69%) respondents acknowledge that saving for holidays is not easy, with cost remaining the biggest consideration when choosing a destination.
Skyscanner data shows that nearly half (47%) base their travel plans on the affordability of the destination, and more than half (58%) are influenced by flight prices.
According to the research, one in four Aussies (25%) have a dedicated travel savings account, while another 25% regularly set aside physical cash.
