You would think I had enough dang on funds right?!? LOL
Well I guess not.
Four of my close friends just got back from the Essence Festival in Louisiana. Some are going to Vegas in August for 5 days. I was invited for both trips but declined after I realized how much I would need to spend. For some reason I can't imagine spending so much money for those trips. I try and have an open mind about the whole thing but I just feel like it shouldn't cost me an arm and a leg to travel to another state for a few days.
After doing some thinking, I have come to the realization that maybe I would see the matter in a different light if I had money specifically allotted for vacations. Then I wouldn't see it as such a huge hit on my finances. Hence, the vacation fund. :-)
My current goal for now is to put $50 a month into the fund. I don't have any trips set in stone right now. I know that I definitely want to go to Atlanta to visit a close friend before the year is over.
I am going to need to do my budget over and see how all this new stuff impacts my finances. I don't think $50 will have a huge impact but we shall see. Hopefully I can get that posted tonight.
Well I guess not.
Four of my close friends just got back from the Essence Festival in Louisiana. Some are going to Vegas in August for 5 days. I was invited for both trips but declined after I realized how much I would need to spend. For some reason I can't imagine spending so much money for those trips. I try and have an open mind about the whole thing but I just feel like it shouldn't cost me an arm and a leg to travel to another state for a few days.
After doing some thinking, I have come to the realization that maybe I would see the matter in a different light if I had money specifically allotted for vacations. Then I wouldn't see it as such a huge hit on my finances. Hence, the vacation fund. :-)
My current goal for now is to put $50 a month into the fund. I don't have any trips set in stone right now. I know that I definitely want to go to Atlanta to visit a close friend before the year is over.
I am going to need to do my budget over and see how all this new stuff impacts my finances. I don't think $50 will have a huge impact but we shall see. Hopefully I can get that posted tonight.
Comments
I have been struggling with this notion myself. Not to set up a fund, but just to go on vacation or not. I look at all my boys and see them blowing 2G's on a vacation, meanwhile, they need brakes on their cars, or can't pay such and such bill.
Granted my financial situation is much better then theirs, but I have all of these goals I want to conquer and vacationing seems like it's taking me further away. I have to decide quickly, because if I am going to book something this year, the good rates are quickly being consumed.
Thats the same viewpoint I have. But I have came to the conclusion that I won't be able to enjoy my financial accomplishments if I am worn out and overworked. Vacations would be a time to relax, unwind, and be stress free. I see it as an investment in retaining my sanity.
Try creating a vacation fund yourself. I really believe saving for a vacation will change my opinion. It might change yours.
LOL @ "yo, i'm going to Puerto Rico next week"
I have similar type of friends. I am always in disbelief when they go and take off here and there. I am not envious of the debt they are most likely accumulating but, darn it, they have so much fun!. Thanks for your support. Live we must!
Another thought, having too many xx funds is spreading yourself pretty thin. Aggressive saving when your accts are barely moving can result in a feeling of self defeat. But if you prioritize and focus on one thing at a time, you'll build momentum and feel a sense of accomplishment. After each goal, reward yourself, then apply the same funds to your next one. And so on...
At any rate, if what you're doing works for you, good luck!