Party like it’s 2022: Americans are ready to spend big on vacations, weddings, concerts and more this year!

NEW YORK – The summer of 2021 led many Americans to start their lives over after COVID, and that meant moving away from the house they had been cooped up in for so long. Now, according to a survey of 2,000 adults, 62% have more life goals they hope to accomplish this year than ever before.

More than anything else, the survey shows that most people are ready to hit the road again in 2022! Traveling tops the list of Americans’ life goals this year. In fact, they are more interested in taking a vacation—at home (44%) or abroad (39%)—than buying a house (35%) or having a baby (26%).

Among those surveyed planning to travel in 2022 (just over 1,100 respondents), the most popular trips include a group trip with friends and family (64%), a road trip (50%) and a holiday must-sees to a destination they’ve never been to (48%).

For those not planning to travel this year, 54% expect to spend more than usual on their next vacation to make up for lost travel time during the pandemic.

Produced for Affirm by OnePollthe survey finds that beyond travel, other events on the horizon for Americans include buying a car (38%), attending a concert or festival (37%), furnishing a house or new apartment (34%) and attending a wedding (34%).

The wedding boom in 2022

The average American expects to be invited to four weddings, and almost a third (28%) are planning their own wedding. Nearly two in five (39%) will attend a destination wedding while 35% will attend a “suite wedding” (referring to a second celebration planned by a couple after their first pandemic wedding).

“With vacations, home renovations and weddings on the list of life goals for many Americans this year, we are encouraged to see that nearly two-thirds of Americans surveyed plan to use a buy-it-now solution and pay-over-time in 2022. In fact, nearly 80% of those using pay-over-time options say these solutions will make it easier for them to achieve their goals within their budget,” says Silvija Martincevic , chief commercial officer of Affirm, in a press release.

The survey also finds that the financial pressures of the wedding boom associated with new trends like back-to-back weddings are evident, with 63% of those who were invited to a wedding this year feeling financially stressed – and with good reason.

Americans surveyed who have attended a wedding in the past estimate the cost to attend is nearly $3,000 (average $2,877) and if they are at the wedding party, add a few hundred dollars for an average of $3,260.

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Given the high costs of attending a couple’s big day, more than a third of Americans have had to say “no” to giving a wedding gift (37%), attending a wedding party (36% ), and even to attend one (28%). %).

“Americans are feeling the financial pressures of attending a record number of weddings this year, with costs of up to $3,000 each. Nearly a third of respondents are turning to pay-over-time solutions to spread the costs costs in order to make attending a wedding more manageable,” adds Martincevic.

trip 2022

Joseph K. Bennett