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What's it worth to you....?

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VfM4meplse
VfM4meplse Posts: 34,269 Forumite
10,000 Posts Combo Breaker I've been Money Tipped!
edited 16 February 2016 at 6:21PM in Old style MoneySaving
I have the opportunity to fulfil a lifelong ambition (experience) next year. My material needs around the home are largely met - my purchases are wants rather than needs - and enjoy experiences much more than material things.

Why am I thinking twice? Well, for this week away, it will cost £8,000 at least. My frame of reference isn't against income, but it does makes me think about what else £8k could buy? I think that amount could keep my home ticking over for at least 18 months.

What would secure you the maximum happiness for a budget of £8k?
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Comments

  • Islandmaid
    Islandmaid Posts: 6,626 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    There is a significant difference between 'cost' and 'worth'

    Doubt many on their deathbeds wish they hadn,t fulfilled a dream X
    Note to self - STOP SPENDING MONEY !!

    £300/£130
  • From what you say, it's affordable.

    So, question is: are you hurting yourself or anyone else by doing this thing? If not, do it.

    Lifelong ambition = need, not want.

    It's what money's for. It's great using this site to find ingenious ways to save and avoid spending, BUT saving and economising etc are a means to an end, and that end is using this weird thing called money to exchange for STUFF. The stuff might be material things or peace of mind or pleasure gained by giving or sharing with others.

    In your case, some of the stuff is something that you've wanted all your life so it's a no-brainer really.
    __________________________________
    Did I mention that Martin Lewis is a god?
  • Bordeuax
    Bordeuax Posts: 298 Forumite
    I was nearly offfered 45k, could of had it and do anything I wanted but thought it will be gone really quick, have a good time but still be in crap st, crapsville. so didnt accept .
    if I won 8k easy, gap year around the world bumming it .... done it around europe ..cool,, never forget the time.. might do it again, lifes too short:)
  • If I had an extra magic 8k I'd spend it on a caravan pod I've seen. It is like a tiny caravan, which I'd use to go exploring at weekends around the country and to festivals. I'd probably need a new car for it too mind, but I need a new car in the next 5 years anyway so that wouldn't count as part of it ;)
    MFW OP's 2017 #101 £829.32/£5000
    MFiT-T4 - #46 £0/£45k to reduce mortgage total
    04/16 Mortgage start £153,892.45
    MFW 2015 #63 £4229.71/£3000 - old Mortgage
  • Bordeuax
    Bordeuax Posts: 298 Forumite
    that a good one, campervan, europe and bring some refuggees back for a bit off extra cash:)
  • System
    System Posts: 178,325 Community Admin
    10,000 Posts Photogenic Name Dropper
    8k for a lifelong ambition?

    Go for it!
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • I would agree if its something you can afford and its a great opportunity to fulfill an ambition they go for it You are a long time dead Carpe Diem etc.
    I went to the US on a touring holiday with my oldest friend back in 2007 we had an amazing 'Thelma and Louise' trip (two little old women in a car racketing around the north east coast for three weeks

    It was amazing and I loved every minute.The week after I came home I went for a mammogram and discovered I had breast cancer
    I had a mastectomy and a years chemo and r/therapy,In all I had five operations and have had a full reconstruction now. I was so glad I did my US trip when I did as I had lots of good memories to get me through

    Thankfully I have been clear since, and all operations and treatments are finished But I wouldn't have missed my trip for anything

    I value every day I get up and am able to say I have beaten the cancer So grab every day and use it the best way you can as you never know whats just around the corner.

    I lead a very busy life now and am out and about most days

    OK my joints are a bit clapped out and I'll never dance the night away as I once did but I believe in grabbing life by the throat and making the most of it

    So go for it and enjoy every experience you can.Health not wealth is the most important thing for everyone
    No pockets in a shroud honey


    JackieO xxx
  • Go now! I have seen many regrets and I wishes amongst older people in my family. They all have houses full of 'stuff'.
  • I understand you having reservations. It's a hell of a lot of money to spend and when you're used to saving, of course it's a tough decision to make.

    But honestly, if it's affordable and if it's a lifelong ambition, do it! I doubt you'll regret it. My parents just went on a holiday they'd been wanting to do for years. It took the death of an acquaintance (a real "life's too short" lightbulb moment) to give them the kick up the @rse to do it. Of course they haven't regretted it!

    (Me, I'd spend £8k on sorting our house out and put it towards a new car. But I've got a small baby so holidays are probably more a chore than an adventure right now ;))
  • DigForVictory
    DigForVictory Posts: 12,035 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    VfM4meplse wrote: »
    I have the opportunity to fulfil a lifelong ambition (experience)

    what else £8k could buy?


    The point of lifelong ambitions is to fulfill them, not die with a fat savings account & regret.

    Right now, you have enough money. How many more opportunities to fulfill lifelong ambitions will arise? You're here, you are MS, you know where to turn should you need to raise additional funds & how to cope if things go a bit sideways - so Take this Opportunity, and have a wonderful time!
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