Great question, but we probably don't have as much time off and money as people think. We do fine, but we're not overly rich or well endowed with time.
I currently get 96 hours of vacation, plus two floating holidays (at my previous job I used to average well over 80 hours a week at work in summer [117 in a week was my record], but then we got the winters off to compensate. I currently make $63K a year. Quite good, but we're not super rich. My wife works two jobs, one for $9 an hour at McDonalds and one for about $11.50 and hour at the school.
We do a lot of trips because we don't do other things people occupy their time with and money with; i.e., we don't have TV, we don't go to movies very often, we seldom go out to eat, we've never been to a concert, I've never even watched a pro sporting event save once when I was in cub scouts. I've never watched a sporting event on TV, neither has anyone else in our family.
A lot of hikes we do are in the evenings after work, plus we do something every weekend. We spend all holidays in the outdoors, including Christmas, New Years, Thanksgiving, etc. To save money we also keep the house at 60F in the winter and we have no air conditioning. We have also avoiding getting into excessive debt. We've never spent money on alcohol or a cigarette either; this saves money.
We put all of our bills, shopping, and expenses on our credit card, but pay off the full balance every month. Having all those bills and expenses really allows us to rack up the miles. By always booking 330 days in advance, we can get the discount miles fares. It is true that we spend $600 round trip to get to Peru, but we usually pay much less and that was the first time in a few years that we spent over $100 on a plane ticket.
Here are the tickets for our next trip:
Attachment 74134
Notice that we're only paying $60.10 a person for a plane tickets.
Most places we travel to our cheap as well. It's easy to find a hotel in Central or South America for $5-$15. Camping usually cost nothing. Neither does hiking. If you're only paying $60.10 for plane tickets, it really isn't hard to do a trip for really cheap. It's much cheaper for us to go to some place like Guatemala than it is to go to Disneyland or something. You can easily do a trip to somewhere like Central or South America for a few hundred dollars a person.
Even with travelling, we still have money for a few extra things like giving to charities (humanitarian aid, church, etc.) and offsetting are carbon footprint, etc.