Inside: No one wants to have a life of regrets. So should you take a vacation if you’re in debt? Take this quiz to help you find the right balance.
When my family proposed that we take a vacation this year, I was immediately against it. A vacation right after such a successful #yearofno? We’d corrected our bad spending and were doing so well paying off debt. It didn’t make sense to postpone our debt free date so we could have a family vacation.
Then again, I’m a pretty boring person. I’ve always been the type to set goals and bend over backwards to reach them. And while my more playful husband aggravates me sometimes, his viewpoint is an important counterbalance to my own. It keeps me from missing out on the fun things in life, and I usually end up appreciating it in the long run.
I reluctantly agreed to the trip. But the more I thought about it, the more I realized that we are set up for successfully paying off debt whether we travel or not.
We all want to live a life of no regrets. But avoiding the regret of spending too little time with family should be balanced against the regret of having debt as we reach retirement age.
[clickToTweet tweet=”Can you avoid the regret of spending too little time w/ family AND the regret of debt at retirement age?” quote=”Can you avoid the regret of spending too little time w/ family AND the regret of debt at retirement age?” theme=”style1″]
Should You Take A Vacation If You’re In Debt?
Can you have it all?
Try out this quiz to see if you should take that vacation while you’re still in debt.
What’s next for you?
Put together a plan to get out of debt.
Keep going and knock out that debt!
Put together a budget for that vacation.
What result did you get from the quiz? Do you think it’s right?
I'm Jamie, and I want to help you afford a beautiful life with your family. 
I got the “Go take a vacation!” response, yay!
We are empty nesters. My husband and I are very nearly debt free — we have less than $1500 in personal debt, which we are paying off monthly, coming after a very tough few years of unemployment. HOWEVER, I made the enormous mistake of letting another family member in a crunch use my personal credit card which I had paid off…. this person is paying me back monthly, but there is still almost $14,000 dollars on it. Obviously, this person no longer may use my card, but should we suddenly find ourselves paying this debt off, it would be painful.
On the other hand, there are times when the weight of always working, working, especially as we are getting older, is too much, and I feel almost desperate to get away, Therefore, yes, a small vacation is happening this year, and none of it is on credit.
Sounds like you could definitely use a getaway! Have fun on your trip! 🙂