I honestly think if it's a good friend they'd be upset to know what anxiety this has caused you. Just be honest and say with Christmas you can't afford a big holiday at the moment. Tell her your budget and then if you do fancy a more expensive holiday just say you could probably do one June/Sept/insert whatever works.Posting here so I have to follow through with it...
I have been provisionally discussing a holiday with a friend in the new year. The trouble is, where they want to go and where I can afford to go right now are very different and I feel like I'm pressuring myself into booking something I can't really afford (they've suggested I just stick it on my credit card which I really don't want to do).
I've been dragging my feet a little and I think I need to just bite the bullet and say it was working out a lot more expensive than I initially thought and that I don't want to limit them. I have suggested a city break to somewhere in Europe but they only want hot sun somewhere far flung and I just can't afford that at such short notice, particularly with Christmas so close.
I've been in knots about it all week and was awake in the night thinking about it. It sounds silly, but I hate having to wick the balloon of someone else's enthusiasm.
I'd hate it if a friend of mine felt they couldn't tell me something like this. I would never want to cause them anxiety over a holiday