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Where we're going and how we're spending our money

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    An American Express travel expert lets you in on the way we choose our vacations and how we use our finances when away from home.

  • Duration 1:59
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So what's the state of holiday travelers here.

We recently conducted a service -- the American Express spending and saving tractor and we asked consumers about their holiday plan.

And there's great news.

More consumers are traveling here and they're going to be spending more in 2012 or 2011.

So actually -- four million consumers can be traveling in 2012 that's up 7%.

Life here.

And they're gonna spend on average 773.

Dollars in 2012 that's up from 659.

And 2000 left.

So what's driving the increased spending -- year over year.

Well it's a couple things one is when you travel during the holiday season high traffic time there's a lot of people traveling so costs are higher.

And at the same time.

Even though those -- people are doing they want to visit their parents and family they want vacation they wanted to recharge their batteries and get ready for ages that was out there.

Were they going.

68% of them are going to visit different -- But while that's that big number that large numbers just looking at that point.

And where they go on vacation they are heading to the sound money go to warm and -- with the traveling and.

Actually according to American Express booking data the number one destination is floor finally if you haven't booked for the holiday for the new year they're still great deals to be down.

They first go online you can go to and a travel dot com there's a lot of great deals out there where you.

Or another option to take advantage of loyalty programs American Express charge card members can use their membership rewards points.

To offset all or part of the cost of the trip.

And the great thing is it's no blackout dates that he can.

It really.

Go and enjoy at any time and it's a great way to make sure you just have the vacation you want.

And get ready for a fantastic 2013.