At what point do I consider saving for a vacation?

0
0
Marked as spam
Posted by Derek Martin (MONEY FORUMS: 4, Answers: 0)
Asked on May 3, 2016 8:32 pm
76 views
0
Private answer

I would say that saving for a vacation is largely contingent on your income, your spending habits, and financial situation. If you don’t have large looming debts, and a steady income sufficient to your needs, and have already thoughtfully considered your finances in respect to the future, saving for a vacation is not unreasonable and moreover a motivating factor that ensures your financial safety. I think that once you have ample emergency savings and a reasonable understanding of your financial future, and feel relatively economically free, it would be appropriate to start saving for a vacation fund without feeling financially constrained or immobile.

Marked as spam
Posted by Joshua (MONEY FORUMS: 2, Answers: 4)
Answered: May 5, 2016 5:52 pm
0
Private answer

Once you have sufficient emergency savings, are saving towards retirement, and don’t have ridiculous debt, saving for a vacation is a reasonable thing to do.

Marked as spam
Posted by Beth Tallman (MONEY FORUMS: 1, Answers: 61)
Answered: May 3, 2016 10:31 pm
0
Private answer

I would say you should consider saving for vacation when you have a steady income. If you have been working a job for a couple years and your life is settled you should know how much money you are putting away each year. This will allow you to budget for a vacation.

Marked as spam
Posted by Scott Rivlin (MONEY FORUMS: 4, Answers: 7)
Answered: May 3, 2016 8:46 pm