| No, just spend time together. |
+1 |
| If you get a terminal illness, will you think I wish I have 2k more in savings or I wish I have traveled more with my kids? |
| Of course, you've clearly thought once about it by making this post, but do not think twice. Spend on memorable vacations at this point. It's what I'm doing as well. FYI, you're going to get plenty of advice here from people that are committed to dying with huge nest eggs. |
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OP we are going on vacation later this year with our 21 and 23 yos.
I don't know if you should spend the money, but you shouldn't believe that the opportunities for vacation are coming to an end. |
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Absolutely. Take it from someone whose kids are 24 and 26 and don't vacation with us any more. Make those memories.
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OP is talking about 2K you numbskull. That’s not exactly a fortune. |
| Do it, OP! You only have today and as long as the trip won’t make you insolvent, what’s the harm? I know too many people who lived frugally and sacrificed only to end up terminally ill if not dead before they even reached retirement age. |
| How much do you have in emergency savings? Somehow, I get the feeling that this person doesn't have 9 months saved like most of the recommendations. |
Depends what percentage that is of her savings. If she has at least 100k in emergency fund this is nothing but if it's 10k, she should take a cheaper vacation. |
| I don't really understand the question. Don't you already have savings? Would you be pulling this out of your savings? |
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Yes. As long as you have actual savings and the financial sacrifice would just mean lifestyle adjustments for a bit - all day long, yes.
We have older kids. Go on an adventure together. Different conversations happen away from home and friends. Have fun. |
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Not too long ago, we were sitting around the table with our kids and their SOs. My kids could not stop talking about how great their life was growing up. Trips were a huge part of it. (so were birthday cakes - who knew?). We did big trips and tons of overnight beach and camping trips locally. I'm really cheap so we never did fancy hotels and we drove to a lot of places. We just did a lot on a little money.
Anyway, based on listening to our kids and the occasional walk down memory lane, I don't regret a single cent I spent on our trips and I don't regret a single minute I spent on planning them. I will say that my kids are all very close and love to be together so we never had any conflict or difficulty traveling together. |
| If you are on track for retirement and college savings, yes! |