Summer Vacation Has Been Cancelled (Video)
In this 20 May 2025 video, host Michael Bordenaro talks about how many Americans are finding this year they either need to cancel their summer vacation altogether, or they need to modify their plans to a more affordable version of what they previously had in mind. Inflation is taking a larger toll on budgets than people thought and since travel is a discretionary expense people are just saying no or opting for a cheaper alternative.
https://youtu.be/vhMw62YiWZ4
0:00 Economic Challenges and Travel Plans
1:25 My road trip gone wrong..
3:19 Expensive travel plans cancelled
4:51 Travel spending dropping off a cliff
7:05 We’ll just do something cheaper
8:48 Why I choose California for the summer
11:05 Stores closing and mergers
11:44 Retail and Economic Trends
14:23 The good life on the boat
14:38 Smart with the money
15:47 Watchout at the grocery store!
17:55 Wealth, Income, and Economic Disparities
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