Reply to Most expensive vacation you’ve ever taken?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Are people just trolling and making up these numbers ?

Unbelievable. [/quote]

I assume a lot of those people have generational wealth and are used to those kinds of vacations. I am wealthy now but grew up with a teacher mom, so I am used to living a middle class lifestyle. My husband also grew up middle class and is in tech and makes low 7 figures. We've never spent 50-60k on a vacation, though we could. I don't even think I've spent over 12k, and I've had some nice vacations. I'm just not comfortable spending that much, to me it is ridiculously over the top. I'd rather invest more or spend on something I use everyday. [/quote]
We both grew up in strictly middle class families in third world countries, so no generational wealth here. We came to the US to study and worked our way into well-paying careers and had a bit of luck with the stock market. Beyond a point after saving well and making sure our kids are taken care of we can’t take anything with us. We would rather create memories with the kids and grandkids. I would always look at National Geographic magazines with awe when I was a kid and I can finally visit the places I thought I’d only be able to dream of.[/quote]

Of course, well paying careers are key. But at some point, if you were raised middle class, you decided to substantially increase your spending far beyond that which you need to be comfortable or taken care of. It's interesting to me that you are taking regular luxury vacations to "create memories" just because you have money to burn. Maybe I just can't shake my own middle class frugality. I love to travel, can easily afford that kind of travel, and yet view a 60k Galapagos tour as a very wasteful (and let's be honest, environmentally destructive) way to spend one's wealth. But you're right, there comes a point where acquiring more wealth is pointless. [/quote]

So you don't have to do a trip you consider wasteful.  Others prefer to do so, they might be donating over $60K/year to charities as well as taking that trip---you do not know.  I grew up LMC, and we were frugal and until we had enough not to be (college, retirement saved for, cars paid for with cash, no mortgages with multiple homes).  Now we are still "frugal" but on a different level.  We don't just spend spend spend, we consider if we value something enough to spend that much.  And yes there are still times we say "nope, not this time or this year".  So it's all relative.  Because if you dont' still think about it, you will overspend and not be in a good place (and I say this as someone who is UHNW).

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