From Emergencies to Vacations - Savings Strategies for Life
By: David Smyth, June 19, 2019
We returned home looking forward to the next year's trip - some years we could travel, and some years there were emergencies that needed to be covered. I don't know how you save for vacations, but my point here is that, if you have a fully funded emergency fund, keep those automated payments up, and then don't be afraid to have a little fun with the excess during those years when life treats you well. As long as you're saving towards retirement and have enough in that rainy day fund to sleep peacefully at night, I see no reason not to take that trip and make those memories that will last for the rest of your life. I'd love to hear about your vacation memories, and to help you plan for the next one.