According to a survey from Experian, only a quarter of travelers stated that their friend group had set a budget in advance before a trip. The survey also discovered that most travelers are likely to spend more money than they originally planned when traveling with friends, with Gen Z and millennials taking the lead by admitting that they would most likely go 50% over budget. While going away as a group can be an exciting experience, there are financial concerns for every generation when planning a trip together.
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