Alexandoy
VIP Contributor
This is not to discourage traveling because for us a vacation trip is one of the nicest things that life can offer. However, if the crux of a vacation trip is the splurge in spending that after the trip you will be saddled with a loan or debt to pay. That was a mistake that we were able to avoid because we learned early.
Before we started traveling we made sure that our savings are healthy and substantial in the bank. There is another bank account that we opened to hold all the extra money. You can guess that the extra money was for our travel plans. It was not easy at first to control the urge to spend when the travel funds has grown substantially. But fortunately my wife has the self-control. In 2012 we started traveling to Hongkong and Singapore. In the succeeding years we were traveling abroad at least 3 times in a year. We are so satisfied with our vacation trips because we never incur debts for any of our trips.
Before we started traveling we made sure that our savings are healthy and substantial in the bank. There is another bank account that we opened to hold all the extra money. You can guess that the extra money was for our travel plans. It was not easy at first to control the urge to spend when the travel funds has grown substantially. But fortunately my wife has the self-control. In 2012 we started traveling to Hongkong and Singapore. In the succeeding years we were traveling abroad at least 3 times in a year. We are so satisfied with our vacation trips because we never incur debts for any of our trips.