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To want to spend £20k on holidays and nice things?

(124 Posts)
mosschops30 Sun 28-Aug-11 21:47:52

well almost!

I want to put 4k aside for a family trip to florida
Split the remaining £16k between me and dh
Leaving me with £8k to spend.
Want to take dd and me to hong kong and dubai, two places i have always wanted to go but could never a) go because of flying phobia and b) afford it. That about £4k.
Then a trip to vegas, grand canyon and california for me and dh. Bout 2k i reckon which leaves me with 2k, which i will probably use as spendng money.

So AIBU to just want to blow it on nice things? We have a fairly small and cheap mortgage, and i have a minimal amount on my card.

MissVerinder Sun 28-Aug-11 21:49:20

Do it, but the cheapest you possibly can, and pay your card off and a bit off your mortgage if you can.

worraliberty Sun 28-Aug-11 21:49:23

If you and your family are happy with that, does it matter if anyone else thinks you're being unreasonable?

Serenitysutton Sun 28-Aug-11 21:49:41

Why on earth would it be unreasonable to do whatever you like with your own money? I don't know why you're even asking a load of strangers. Sounds fabulous btw

emsyj Sun 28-Aug-11 21:50:07

Is it an inheritance or something?

I think I would always want to have a bit put by 'just in case' - you know, in case the roof caves in, or the boiler breaks down, or the car just conks out - but otherwise, spending your money on travel and creating lifelong memories sounds very valid and reasonable to me.

A1980 Sun 28-Aug-11 21:50:14

YABU to think that a trip to Vegas, Grand Canyon and California will cost only £2k for the two of you. I'd almost double that.

Why not just have one nice holiday and pay off your debt?

Tchootnika Sun 28-Aug-11 21:50:28

ERm depends on your circumstances, I suppose.
Why are you asking a bunch of disparate strangers about your finances?

lockets Sun 28-Aug-11 21:52:06

Message withdrawn at poster's request.

rhondajean Sun 28-Aug-11 21:52:21

You sound financially sensible, stop feeling guilty (which i am guessing is why you are asking us!) and go do it.

Sounds brilliant.

And just think of what your dd will learn on the trips.

mosschops30 Sun 28-Aug-11 21:53:37

But i dont want to do it cheaply, i want to stay in fab hotels i could never normally afford. The card will be cleared in a month or so, so not even an issue (bout £400 on it atm).

We are very close to settling my claim, i will know within a month, but the liklehood is it will settle out of court. Of course it might not but after 18 months i am beyond excited that we are this close.

limetrees Sun 28-Aug-11 21:53:40

If you have £20k, it's reasonable for you to choose how to spend it.

However I think you should take into account your DH/DP's views as the pair of you are joint heads of the family unit.

Personally, I would not blow that amount of money - I would pay the majority of it off the mortgage and I would choose one trip to go on.

I suppose it depends where it came from as well. If it is an inheritance from a family member who loved travelling and would really approve of the use of the money, then I would say it helps your argument.

worraliberty Sun 28-Aug-11 21:53:45

Tchootnika grin

I can't believe it but for the first time ever I think I'm about to use that well known MN phrase 'stealth boast' shock

Someone help me please. If I use that phrase today...but tomorrow I'll be telling everyone they have a sense of entitlement and then it's all downhill from there! blush

whackamole Sun 28-Aug-11 21:55:02

I agree with A1980 I think you have seriously underestimated about a trip to America!

But, if it's your money and this is what you want to do with it, then do it.

Artichokes Sun 28-Aug-11 21:56:45

I think you are being a bit over optimistic about costs. The USA trip will cost double what you estimate without even staying in really amazing places. Enjoy your money but do careful research before deciding how to spend it.

thewrongstuff Sun 28-Aug-11 21:57:46

You could do those trips but only spend a fraction of your estimates. If you have debts it's daft not to pay them off first.

mosschops30 Sun 28-Aug-11 21:59:18

Erm im asking for the same reason that people ask strangers:
Is my dh cheating?
Are sausage rolls the devils food?
Does bottle feeding make me an evil mum?
Can disabled people park in patent and child spaces?

Surely thats what MN is for?

DH is getting half, once the big Florida trip has been put aside, he can spend it on what he likes (unless its a lapdancer lol)
We have 12 yrs on our mortgage, its tiny.
Unfortunately i see waay too much crap in my job that makes me want to not play it safe and wait to do these things when the house is paid, i may never get there

EvenLessNarkyPuffin Sun 28-Aug-11 21:59:51

Spend it how you want to, but please pay off your credit cards first. And stick some into an account as an emergency savings fund. Then go nuts. It would be pretty shitty to spend it all on fun stuff and then have a big bill and resent it all instead of enjoying the memories.

AnnoyingOrange Sun 28-Aug-11 22:00:33

book one of the trips and go on it.

see how you feel after

what's the claim over?

cantspel Sun 28-Aug-11 22:01:10

How are you going to do these trips if you have a flying phobia ?

It is an awful lot of money to spend on a series of holidays. But if you are financially secure then why not spend it.

marriedinwhite Sun 28-Aug-11 22:01:32

It's your money to spend as you please. TBH, I would probably have one special family holiday and put the rest aside for a rainy day or invest in a static caravan in a really nice place and rent it to others for some of the time to fund lovely holidays abroad and have a bit of fun in it a couple of times a year. They are supposed to offer one of the highest returns on investment.

BimboNo5 Sun 28-Aug-11 22:01:35

Is this just an excuse to say 'ooh look at me and all my money' or do you ACTUALLY care less what others think about what you spend?

EvenLessNarkyPuffin Sun 28-Aug-11 22:01:42

Not that I know
No, mint Matchmakers
No, but if you FF and have minions and a secret underground lair...
Yes.

MissVerinder Sun 28-Aug-11 22:02:05

Stay in the Bellagio in Vegas then ;)

Bloody fabulous!

mosschops30 Sun 28-Aug-11 22:02:07

I have priced up the hong kong/dubai trip, its £3600 with v. Nice hotels.
My friend just did a week driving thru vegas/canyon etc for £1200 so i dobt think its massively out. Only talking bout 9 and 7 nights.

Anyway thts beside the point, not sure why im bickering bout my holiday prices smile

TheMagnificentBathykolpian Sun 28-Aug-11 22:02:50

Try to think - in 5 years time, where will you be? What will you wish you had done?

If you think that you'll be looking back at the great time you had spending - do that.

If you think you'll be crippled by debt that you could have paid off, and will have a lower standard of living long term than you could have done - then you know what to do.

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