39 million Americans can't afford summer vacation, report finds

Can't afford a summer vacation this year? You're not alone, according to a recent report.

More than 39 million U.S. adults can't afford to go on a vacation this year, a report by bankrate.com found.

The largest factor for a quarter of those Americans who can't afford to take a trip is paying down debt, the report showed. The average cost for summer travel was just under $2,000.

To start saving for next year, experts suggest finding expenses to trim. In the meantime, consider relaxing with a "staycation," which tends to be cheaper.
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