To go...or not to go?

[NiftyJ88]

We did Disney in November with DD4, who was 3 at the time. We had an awesome time. I saved up money for over a year to be able to pay cash for everything. We were planning to go again in summer 2011. However, DH will need to use his vacation time to come with me for my week long clinical for grad school on the other side of the state, so we won't be able to go to Disney then.
So I was thinking, maybe we will just go this summer. However, I haven't had enough time to save up the money, so I will need to put the vacation on a low-interest credit card (1.9%). I figure it will cost us about $2000 including room, airfare, park tickets, food. We do have all kinds of debt - cc, mortgage, 2 cars, student loans, however, our highest interest rate on anything is 6% and we have no trouble paying our bills and debts (paying more than minimum on several debts) on a monthly basis. I know I *should* but that money towards our current debt, but I really don't want to miss out on Disney this year when she will enjoy it so much (and I will too).
So what are your thoughts?

 

[LuLuO]

I would say do not go if you have to charge the vacation and don't have the means to pay it off immediately, especially with having other debt you are paying on. If you can't go in 2011, maybe plan for 2012. I know it sounds far away but it will go by quickly and you will feel better about your fabulous fun time being paid for free and clear.

 

[lisaross]

I say don't go also...go in 2012 and just think how great it will be all paid for and then some..ur daughter will have an even better time at 6 she can go on more rides - won't need a stroller etc etc.

We did Disney in November with DD4, who was 3 at the time. We had an awesome time. I saved up money for over a year to be able to pay cash for everything. We were planning to go again in summer 2011. However, DH will need to use his vacation time to come with me for my week long clinical for grad school on the other side of the state, so we won't be able to go to Disney then.
So I was thinking, maybe we will just go this summer. However, I haven't had enough time to save up the money, so I will need to put the vacation on a low-interest credit card (1.9%). I figure it will cost us about $2000 including room, airfare, park tickets, food. We do have all kinds of debt - cc, mortgage, 2 cars, student loans, however, our highest interest rate on anything is 6% and we have no trouble paying our bills and debts (paying more than minimum on several debts) on a monthly basis. I know I *should* but that money towards our current debt, but I really don't want to miss out on Disney this year when she will enjoy it so much (and I will too).
So what are your thoughts?

 

[MEM]

I'm sorry but I have to agree that taking on more debt would not be a wise idea at this time.

 

[Kika]

I'm sorry but I have to agree that taking on more debt would not be a wise idea at this time.

I totally agree that I wouldn't go now.

Would you be able to go before or after your clinical, maybe in the spring or fall of 2011, or even late 2011? (Not sure how much vaca time your DH has each year.) Otherwise, I would probably push it to 2012.

 

[MomtoEmIs&Ow]

This is the budget board, and there are a lot of really smart dedicated savers/pay off debter So most of them will say don't go. I am sure that you will get 'Don't go' from 90% of responders.

That said, we are going to Disney this summer. We have debt, but we are still going. THe last few months we have been really tight with our budget, and paying off more on our debt monthly, and saving.

We are going at the end of Aug, and are paying for our trip, there may be $200 left on our CC that I will pay off 2 wks after our trip.

We have had a really hard year this year. My best friend was killed in Feb , so I think that we really need a get away. Most people would say that we could do a cheaper get away, but this is what we want to do, and we know it is not the smartest move, but we are doing it all the same. My husband says that I should not feel I have to justify our trip, but my friends death makes me really feel the need to go to my happy place....
So please no flames.

For you it really seems that you want to go. I would make my decision based on how much $$ I had saved. If you are putting the majority of your trip on your CC I would say no. If you are just putting a bit on there than it may be doable. Also take into account how long it will take you to pay off the rest of your vacation. Maybe just cutting back on eating out or entertainment will help you pay for the rest of your trip.

I think that life can be too short sometime, so you need to enjoy as well.
After our trip we will continue with our really tight budget in order to work on paying our debt faster.

Really you need to decide yourself. If you are going to be stressed about the debt after the trip its probably not worth it. Good luck deciding!