Ok, Asked for help before, new username, here we go

chinagirl

My family are in the "shall we- shan't we go on holiday" mode at present. We have a Mon-Fri break caravan holiday booked in our favourite resort on the Norfolk coast. £50 deposit paid, and £200 left to pay. Yes we deserve a holiday, have cancelled all cable chanels, now only pay TV licence, cut down on buying new clothes, will only buy from ebay or charity shop. Kids have cut right back on clubs, etc. Only shop for food at Aldi/Netto. The question is this. Should we borrow the money to pay off the holiday, or should we cancel and loose £50. (We have spending money saved in loose change in a pot, which we gather throughout the year) If we borrow the money, we can pay it back out of the family allowance.

My husband says I, he and the kids deserve a holiday, so I think we will bite the bullet and go for the break. Sometimes you have to "live a little" to make money saving worth the effort.

trafalgar_2

I agree ,take the holiday ........................



now if you were saying you needed £500 to pay it off and £400 to take with you .......I'd say best to think about cancelling if your serious about sorting finances out

within reason is the key

Foxy

2nd holiday this year now i know why you keeping out of it ejones99 think i have to agree with you by looks of this thread

http://forums.moneysavingexpert.com/showthread.html?t=13224

Debt_Free_Chick

For those with no debt, the general rule is to live within ones means i.e. only do/buy those things you can afford to. If necessary, save up so you have the money to do/buy whatever it is you need.

When in debt, one generally has to live way, way below ones means in order to pay off the debt and purchases that are optional are generally best avoided. The last thing you want to do is increase your debt.

So Mr Mourinho .... your plan seems to be to increase your debt. To post that on the Debt-Free Wannabe Board is .... a little odd, to say the least. Hence, you are not getting support for your idea.

If you want to be debt-free, we can help. If you want us to endorse increasing your debt, then I think you might be better on another Board, as we're all fanatical about being debt-free here.

Good luck, whatever you do. And when your debt gets unmanageable, come back for some sound advice. But be prepared to cut out unnecessary expenses, like holidays, even though they're very tempting.

Regards

ceegee

Foxy wrote:

2nd holiday this year now i know why you keeping out of it ejones99 think i have to agree with you by looks of this thread

http://forums.moneysavingexpert.com/showthread.html?t=13224

Thanks for the link, Foxy. Very interesting and he doesn't seem to have learned much over the past few months. :rolleyes:

jen_jen_2

china girl, take the holiday, the money you will spend on it you would spend at home anyway and you have a plan (money coming in) that will pay off the borrowed money v. quickly

Have a nice time

elona

I agree with jen jen - have a great time - you deserve it:j

stripeyfox

I wouldn't go to Magaluf again if you paid ME 500 quid! Horrible place. These days I choose my holidays on the strength of there being as few British people there as possible!

andy88_2

mr_mourinho
Last Activity: 09-05-2005 8:25 PM
Offline

wot no gushing thanks?

elona

I wonder why?:j