Monetary budgets influence activity participation and related travel as they demarcate limits to how people may organize their activities in time and space. In this paper, we are interested in money allocation to out-of-home leisure activities and how this is affected by duration, socio-demographics and time-location variables. Analyses are carried out by applying seemingly unrelated regression model on a leisure activity data set. The analyses revealed that expenditures for out-of-home leisure activities are influenced by the variables mentioned above. Moreover, the results indicate that there is a substitution between expenditure of each activity.