Reply to Advice on annual travel budget with HHI of 300K?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Are you saving for college?[/quote]

Yes. I think about $300/mo ($100 per month per child). [/quote]

NP here.  That's not nearly enough, especially considering that you have a HHI of $300k.  If that's all you're saving, then the right answer for your vacation budget is $0.[/quote]

Who says she needs or wants to fully fund college?  Sure, her amount may not be enough but that doesn’t mean she gets a $0 travel budget. One is optional (college). Most don’t consider vacations optional. Even “staycations” usually require output of $. [/quote]

Wait are you honestly arguing that college is optional but "travel" is not?  Weird...  I like travel a lot, and I also fully intend to pay for my kids' college.  But if I had to eliminate one of them, it wouldn't be the college.  But you do you, different strokes and all that.[/quote]

I am saying that expecting someone to have a zero for vacation budgeting is unrealistic. To find college at the expense of ZERO money to visit far away family, or see a beach or see touristy things or another country is what is ridiculous. There can be a happy medium which may mean not fully funding college or it may mean not vacationing where you want.

Our college funds are fully funded so me doing me doesn’t really apply to this situation. [/quote]

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