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Vacation Now or Later

August 4th, 2015 at 11:16 am

Interesting question whether a person should vacation now before retirement or later after retirement. Should a person be fiscally responsible earlier in life or relax a bit and travel and spend money earlier?

We did the more prudent thing in our 20s and traveled less than if we had been spendy. With our time and income we could have easily have traveled more. But we didn't. We were financially prudent. I sort of regret it.

But doing so allowed us to do other things like stay at home, travel now, move, etc. So it was a conscious trade off. 10 years of being "frugal" and responsible for this next year of being "indulgent".

But do I regret not traveling? Yes and No. I think I once read that when you are young you have time and no money, but as you get older you have money and no time. I find that to be incredibly true.

We have the money now to travel or relax and but with kids the time is way to precious and there is less of it. Our trips now are kid oriented instead of what we would do. My big trip I wish we had done was Macchu Picchu and Galapago. But who knows.

Do you think travel when young or travel after retirement? I will say we did travel quite a bit still just not as much as we could have. We did both domestic and international travel.

3 Responses to “Vacation Now or Later”

  1. creditcardfree Says:

    Well, both! We have traveled more with kids, but wish we had the money and the time before kids...we just didn't. We are looking forward to more travel once we are on our own though, too. Smile

  2. FrugalTexan75 Says:

    I didn't have much money to do too much of the traveling I'd really like to have done in my 20s or 30s, and probably won't in my 40s either. I have visited all over the US though, mostly from moving place to place. But outside of North America ... such as Europe or Australia, etc., don't know when or if that'll ever happen.

  3. livingalmostlarge Says:

    CCF me too. I look forward to some more adventuresome travel without the kids. Although we might hit some places with them.

    FrugalTexan my goal now with kids might be doing all 50 states. I think we are 30. But like you I didn't do as much as probably we should have. We did a bit of asia and some of europe but no central or south america or africa. But who knows what the future holds.

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