Percentage of respondents: 15.2%
Most people dreaming of becoming a millionaire one day probably envision a jet-setting lifestyle. As such, it might make sense that many people don’t view giving up travel as a realistic option for chasing down $1 million. But, as any globetrotter knows, travel can be very expensive.
Between airfare, hotels, food and other expenses, a trip can easily translate to thousands of dollars that — if saved or invested — could have put you closer to achieving your savings goal. Even if it just means taking a staycation instead, cutting out travel is one sacrifice that could play a crucial role in achieving some of your loftier financial goals.
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