Research has already proven travel experiences can contribute to our identities in later life all while creating moments and memories that will last a lifetime.

So why are parents wasting hundreds if not thousands on toys instead of just giving kids their time?

According to the Telegraph, a survey in Britain showed parents splashing out an average of £508 a year on toys per annum, a depression figure that could be put towards some time away with your nearest and dearest and that will be valued by your children, especially in years to come. 

If you're looking for more reasons on why you should start putting the pennies away instead of investing in piles of plastic, here are some of the many benefits associated with holidaying together with your family:

It's an educational experience.

There is nothing like spending quality time in nature whether it's camping, hiking or day-tripping on an interesting adventure. While discovering an abundance of family-friendly outdoor activities both kids and adults of all ages are bound to learn something they will carry with them for life. 

It gives children a love for new food.

Being away from home comforts and the usual food offerings means children have to be a little adventurous at mealtimes. Kids who travel are more likely to try new foods such as fresh fish, local street food and the funkiest spices. 

Going on holiday gives children an opportunity to learn about different cultures, languages, and living habits.

It promotes bonding.

It's true, spending true quality time together on a family holiday helps tighten the family bond. Research has also proven that moments of togetherness enhance your health and wellbeing with physical connections - a perfect opportunity to disconnect from devices.

It broadens the mind.

While travelling, children tend to be more inquisitive, asking all sorts of questions. Cultural day trips and excursions of all kinds are educational experiences and give us a clearer picture of the world we live in. Vacations also bring out the inner explorer increasing the curiosity of kids going to different places. 

Improves social skills.

Going on holiday gives children an opportunity to learn about different cultures, languages, living habits and depending on where you are staying they may get a chance to mingle with locals or other like-minded children, opening the opportunity to enhance their social and interpersonal skills. 

You get to relax.

It's a known fact that holidays are stress busters. While away, there's no need to be keeping up with appearances, phones can be switched off and in most cases, alarms are non-existent. On holidays you can kick back, be present and enjoy the moment a little more.