Reply to Would you sacrifice liquid savings to take memorable vacations with teens?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Memories don't come from more expensive trips.  Some of our most memorable trips have been National Parks and amazing hikes.  [/quote]
But didn’t it cost you money to get there? [/quote]

DP:  you find National Parks that are nearby and camp/stay at reasonable places.  You can do a 7 day driving vacation that is very affordable.  You don't have to spend a fortune
[/quote]

OP is talking about 2K you numbskull. That’s not exactly a fortune.[/quote]

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.[/quote]

Anyone who keeps 100K in an emergency fund is already living beyond their means. Think about it.[/quote]

Not really.  If you make $500K+, a $100K ef is very reasonable.  eG should be 9-12 months of expenses ideally.  So most making $200K should have that size ef. [/quote]

Nope! If you need a $100k emergency cushion you are the definition of a profligate spender.

And basing what is reasonable on some arbitrary rule of thumb means you’re an unimaginative idiot. Sorry.[/quote]

No you are the idiot.  Someone who spends $100k in 9 months is not a "profligate spender" if they make $200k+.  Housing likely costs $40K+ alone probably more (mortgage/insurance/utilities/maintenance ), food for family of 4 is easily $1k now with the way prices are, if you like to eat fresh fruits/veggies and quality protein sources.  Thats well over $50k for just that, now add in car payments, insurance, gas, and medical and clothing and other basic expenses [/quote]

Basing your spending on your income is profligate. You absolutely don’t need to spend that much money - you spend that much money because you’re entitled and irresponsible.

You are in absolutely no position to be giving anyone financial advice.[/quote]

First it's an example.  Second, nobody said it was basing your spending on income.  It was a list of costs.  And yes in a cola spending $3.5k monthly on mortgage, insurance, maintenance and utilities is a reality.  That's a $2-2.3k mortgage payment and rest is insurance and multiplies and maintenance (saving it whether you use it or not)

Also I personally am uhnw so I think I know something about finances and how to budget ;-) [/quote]

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