Kazakhs embrace loans to fuel summer travel despite rising costs
More Kazakhs are turning to loans and installment plans to fund their summer holidays. Travel operators have noticed a sharp increase in bookings paid for through borrowed money. Despite rising costs, demand for foreign trips remains strong, especially among younger travellers.
The trend of financing vacations through credit has grown significantly in recent years. Popular destinations like Turkey, Egypt, and Thailand now see many Kazakh tourists using payment plans to cover their trips. The United Arab Emirates and Vietnam are also high on the list for those opting for gradual payments.
Economists suggest that psychological fatigue and the need for emotional recovery after stressful periods are driving this behaviour. Many travellers, particularly those under 35 and young families, view holidays as essential for well-being. Social media culture has further fuelled the desire for travel, pushing more people to book trips even when budgets are tight. The cost of foreign travel has climbed due to several factors, including unfavourable exchange rates, higher airfares, and peak-season demand. Inflation has also played a role, making holidays more expensive than before. Despite this, the tourism market remains busy, with all-inclusive packages staying in high demand. Travel experts advise careful planning to avoid financial strain. They recommend setting aside savings months in advance and booking tours early to secure better prices. Calculating all expenses beforehand and resisting impulse loans can help prevent post-holiday debt.
The shift towards credit-funded travel reflects both economic pressures and changing attitudes toward leisure. With more Kazakhs prioritising holidays despite rising costs, financial planning is becoming increasingly important. Experts stress the need for budgeting to ensure trips remain enjoyable without causing long-term financial stress.
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