You are using an outdated browser. Please upgrade your browser to improve your experience.

Why you should go on three holidays a year

Posted on 6 November 2017

Happy Brits Abroad

It’s no surprise that holidays make us happy. You might even think that quitting your job and heading off to live on a remote island on a permanent holiday is the ultimate pipedream, but unfortunately most of us can’t afford to do that (though we’re wishing you the best of luck on the lottery draw this week). We’ve taken a look at what us Brits can realistically do in order to make ourselves happier throughout the year.

In our latest Cash Happy report where we looked at how Brits spend their money, holidays were high up on the list of what we like to spend spare money on. That makes sense, sure. But what was surprising is that the happiest 10% of all Brits asked managed to take at least three holidays a year. That works out at a holiday every four months, which isn’t a bad way to break up the year at all.

Number of holidays taken in the past year

If taking three holidays a year means that we could be happier than ever, it’s something that we can get on board with. From staycations to city breaks and even long haul destinations, each break could mean that you end the year feeling happier than when you started. It might sound like a lot of holidays to take, but when you break it down it might not be as hard to do as you originally thought.

Top tips to take that extra break

Set a goal

Once you know where you want to go and how much the holiday is going to cost, keep that goal in mind and work out exactly how you’re going to get there. This may be a mixture of putting away part of your monthly income or even selling your unwanted, dust collecting items online or at a car boot. Whatever way you do it, planning is key, and budgeting for a holiday that is realistic and doable is important.

Decide your timeline

When you’ve figured out how much you need to save, you can put a better timeline of how long it will take to save up - and figure out how many paydays you’re going to need! Again, make it realistic and try booking through a holiday provider that allows you to book with a deposit and pay a bit off each month, that way you’re not tempted to spend your savings.

Every penny counts

Think about how you can make savings each month to put a little bit extra towards your getaway budget. Sometimes you just have to stop and think, do I actually need this? Use our savings calculator to see how much your takeaway coffee habit could be costing you.

If you found this article interesting, you may also like The cost of a kids birthday party or What the Tooth Fairy pays in UK.

*Source Research conducted by Charterhouse Research April 2017, commissioned by SunLife.

SunLife offers a range of straightforward and affordable products including over 50s life insurance, funeral plans, life insurance, equity release, pet insurance, home insurance, car insurance, ISAs and Will writing services.

Here's the information that you need to know about who we are and the other companies that we work with in order to provide our products and services.

Who are SunLife? 

Phoenix Life Limited trades as SunLife and is the provider of the Guaranteed Over 50 Plan, SunLife Insurance and the life insurance policy payment option for Funeral Plans. Phoenix Life Limited’s registered office is at 1 Wythall Green Way, Wythall, Birmingham, B47 6WG (registered in England, no. 1016269). Phoenix Life Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and is entered on the Financial Services Register (registration no. 110418). As part of SunLife’s commitment to quality service and security, telephone calls may be recorded.

SunLife Limited distributes financial products and services and is a company limited by shares, registered office: 1 Wythall Green Way, Wythall, Birmingham, B47 6WG (registered in England, no. 05460862). SunLife Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (registration no. 769427).

You can contact us by post at SunLife, PO Box 1395, Peterborough, PE2 2TR or by phone on 0800 008 6060.

If you choose to add Funeral Benefit Option to your Guaranteed Over 50 Plan the funeral services are arranged and provided by Dignity Funerals Limited. Dignity Funerals Limited is a company registered in England and Wales No. 00041598. VAT registered No. 486 6081 14. 4 King Edwards Court, King Edwards Square, Sutton Coldfield, West Midlands, B73 6AP. Telephone No. 0121 354 1557. Fax No. 0121 355 808. Part of Dignity plc. A British Company. Dignity is not authorised or regulated for this activity by the Financial Conduct Authority or the Prudential Regulation Authority but is a member of the National Association of Funeral Directors.

Who provides the Funeral Plans?

The funeral services are arranged by a funeral director selected by Golden Charter Ltd. Golden Charter Ltd are not required to be authorised or regulated by the Financial Conduct Authority or the Prudential Regulation Authority in relation to funeral plans but are registered providers with the Funeral Planning Authority.

If you choose to pay for your funeral in one go, with a single payment, you will have a contract with Golden Charter. The funeral services will be arranged by a funeral director selected by Golden Charter Ltd.

If you choose to pay for your funeral with a life insurance policy, the policy will be provided by Phoenix Life Limited, trading as SunLife. The funeral services will be arranged by a funeral director selected by Golden Charter Ltd.

Who provides My Smarter (ISA)?

My Smarter (ISA) is provided by Scottish Friendly Asset Managers Limited. Authorised and regulated by the Financial Conduct Authority. Details can be found on the Financial Services register, registration No. 188832. Member of The Investment Association. Registered Office: Scottish Friendly House, 16 Blythswood Square, Glasgow G2 4HJ.

Who provides the Will writing services?

Hugh James is authorised and regulated by the Solicitors Regulation Authority (SRA Number:303202).

The information contained on this website is based on Hugh James' understanding of the law of intestacy in England and Wales only as at April 2014. The law in Scotland and Northern Ireland is significantly different. This is for information purposes and is not intended to be legal advice.

Who provides Family Life Insurance?

SunLife Family Life Insurance is provided by Scottish Friendly Assurance Society Limited which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Details can be found on the Financial Services register (registration number 110002). Registered Office: Scottish Friendly House, 16 Blythswood Square, Glasgow G2 4HJ. 

Who provides SunLife Pet Insurance

SunLife Pet Insurance is arranged and administered by BDML Connect Limited. BDML Connect Limited is authorised and regulated by the Financial Conduct Authority (No. 309140). Registered in England and Wales Number 02785540. Registered Office: 45 Westerham Road, Bessels Green, Sevenoaks, Kent, TN13 2QB.

Who provides SunLife Home Insurance

SunLife Home Insurance is arranged and administered by BISL Limited and underwritten by a panel of insurers. BISL Limited are an intermediary authorised and regulated by the Financial Conduct Authority. Registered in England no. 03231094. Registered office Pegasus House, Bakewell Road, Orton Southgate, Peterborough PE2 6YS.

Who provides SunLife Car Insurance

SunLife Car Insurance is arranged and administered by BISL Limited and underwritten by a panel of insurers. BISL Limited are an intermediary authorised and regulated by the Financial Conduct Authority. Registered in England no. 03231094. Registered office Pegasus House, Bakewell Road, Orton Southgate, Peterborough PE2 6YS.