A Life Without Debt: The Debt Free Vacation

One of our favorite things to do is travel. There are so many places we want to see, I doubt we’ll ever make it to all of them. However, despite the fact that we want to see so much, we are not willing to incur debt to do it. People ask me how we afford to travel so much if we don’t go into debt to do so. It’s a good question because while we may not have any debt, we aren’t wealthy, either. The simple answer is that travel is a priority for us and we give up other things in order to travel, but of course it’s not quite that simple. There are other considerations, as well.

I know plenty of people who are willing to incur debt for a vacation. The rationale seems


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7 Responses to A Life Without Debt: The Debt Free Vacation

  1. Ok, call me naive, but I have never ever in my half century of lifetime considered going into debt to travel as a vacation. Ever. Did I say never?

    It’s optional. Get it?

    And travel for family obligation (wedding, reunion) or emergency (death, illness) is also included. Maybe that’s because I have never been faced with a ‘do it now or never’ type of obligation, but I have NO regrets with saying ‘Can’t attend’ to a wedding for example.

    Just my opinion folks.

  2. Wisepicker says:

    I do travel fairly thrice a year, with my wife and kid. What I use to do is to state into the budget the money that I am willing to invest in travels.

    From my viewpoint, a life of excellence requires that you get knowledge in a continuous way. It also requires that we assign enough time to get some leisure.

    But, I am never willing to get indebted just because of travel. I think that there are options for all kind of budgets, and many of my trips do not even require to go overseas. There are far so many inexpensive options out there, not just Spain or the Far East.

  3. Studenomics says:

    I just came back from my second vacation of the year. That is one of the major benefits of being a student that works full time. I sacrifice things like new clothing and new technology in order to travel a couple of times a year.

  4. DB Cooper says:

    It’s never fun for the “current me” to have to pay for the “past me’s” fun. Nor is it fair for the “future me” to have to pay for the “current me’s” fun. That’s the way I try to look at it. Have fun now – pay for it now!

  5. rajeev says:

    Great advice.. its easy to fall into credit traps for smaller thrills in life if care isnt taken..

  6. Good post! I recently traveled to Aruba, which is apparently the Carribean’s most expensive island. I managed to stay for an entire 2 weeks, dining out at the most fancy restaraunts on the island, enjoying all the activities the island had to offer, all without going into any debt.

    My method of travel is to be cheap in some areas while splurging in others.

  7. Pingback: The Debt Free Vacation « Where’s Our Money?

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