Here's the deal.....after reading some of the other posts on this board today, I felt it was so ironic to be reading about this topic when I have this decision to make today!
DH was laid off in June. He did receive a serverence package, and, although we have had to cut back, we have been able to still pretty much be able to live like we had been. He decided to go back to school and finish his degree. He was 2 semesters short when he got his last job and had to drop because of extensive traveling. We have a savings, and our goal from this year was not to take from the savings. We have suspended putting money in the account at this time, but we wanted to just leave it there and not use any of it until we can start putting back in.
That said, we were still planning a spring break trip to DL. I was saving a portion of my income every month. Plane tickets were bought off Travelocity and paid for. I now have $900 in Disney saving money for our trip in March.
I also decided, since hubby was finishing up college (1 hr. away) that I should go ahead and and begin my master's so we could carpool and save gas. I am going to a cheap college, but planning on getting a subsidized loan to pay for it. I decided this late and was told to go ahead and pay out of pocket, my loan had been approved and they would pay me back when the funds came in, so I paid close to $600 for the class and book. Well, now I was just told my loan had been cancelled because I was only taking one class.
I am sure it was probably in the fine print somewhere but I hadn't seen it and had been told my loan had been approved and we are just waiting on funds. So, now I have a $600 CC bill to pay. 
My choices are to pay it out hubby's savings (which we were wanting to keep untouched in case of a REAL emergency), to try to pay it off monthy, but being charged interest out the kazoo, or to pay it off now out of my Disney savings but then try to somehow save enough by March to still go on the trip, or to cancel the trip, use that money, and see if we can't get reimbursed for the flight. I have been told there are no reimbursements for Expedia or Travelocity. I was supposed to get a $1000 bonus in January that I was going to allocate to Disney. Well, the state still can't agree on a budget plan so we will see the bonus in little bits on our check starting in January, not as a lump sum. This just all makes the numbers really tight.
Any ideas? Of course we would really like to go and will sacrifice in order to do that. My first want is to just use hubby's savings, but I have that superego telling me we should cancel the trip. What do you think?
DH was laid off in June. He did receive a serverence package, and, although we have had to cut back, we have been able to still pretty much be able to live like we had been. He decided to go back to school and finish his degree. He was 2 semesters short when he got his last job and had to drop because of extensive traveling. We have a savings, and our goal from this year was not to take from the savings. We have suspended putting money in the account at this time, but we wanted to just leave it there and not use any of it until we can start putting back in.
That said, we were still planning a spring break trip to DL. I was saving a portion of my income every month. Plane tickets were bought off Travelocity and paid for. I now have $900 in Disney saving money for our trip in March.
I also decided, since hubby was finishing up college (1 hr. away) that I should go ahead and and begin my master's so we could carpool and save gas. I am going to a cheap college, but planning on getting a subsidized loan to pay for it. I decided this late and was told to go ahead and pay out of pocket, my loan had been approved and they would pay me back when the funds came in, so I paid close to $600 for the class and book. Well, now I was just told my loan had been cancelled because I was only taking one class.
I am sure it was probably in the fine print somewhere but I hadn't seen it and had been told my loan had been approved and we are just waiting on funds. So, now I have a $600 CC bill to pay. My choices are to pay it out hubby's savings (which we were wanting to keep untouched in case of a REAL emergency), to try to pay it off monthy, but being charged interest out the kazoo, or to pay it off now out of my Disney savings but then try to somehow save enough by March to still go on the trip, or to cancel the trip, use that money, and see if we can't get reimbursed for the flight. I have been told there are no reimbursements for Expedia or Travelocity. I was supposed to get a $1000 bonus in January that I was going to allocate to Disney. Well, the state still can't agree on a budget plan so we will see the bonus in little bits on our check starting in January, not as a lump sum. This just all makes the numbers really tight.Any ideas? Of course we would really like to go and will sacrifice in order to do that. My first want is to just use hubby's savings, but I have that superego telling me we should cancel the trip. What do you think?
