Firstly, I suggest not doing it haha! I’ve heard Dave Ramsey talk on the matter and he says that broke people should NOT take vacations. Well we are messing up on this one 😭 (sorry Dave😩)
Months ago before we started our journey to become debt free, my husband was partaking in trying to keep up with the Joneses. Two of his best friends had planned to take their families to Disney World so he wanted to do the same. His heart was in the right place, but there was no way we could afford that vacation. We would HAVE to use credit cards. After we signed up for Financial Peace Universiry, we decided to immediately cancel our trip. We were unable to get a refund on our flight but received credit that we had to use by March or that money would be lost.
We were hoping to use a our plane credit for spring break, but when we double checked two months ago, we found they would expire before then. We decided we would take a small trip during winter break so that money wouldn’t go to waste (and so I wouldn’t have to miss work). Though it’ll be exciting to take this trip and we won’t need to use credit cards, I can’t help but feel guilty thinking how this money could go towards our debt. We know after this we won’t plan for another vacation until this debt is gone, but I am going enjoy this trip with my family!
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