AIBU to spend £2k of £35k savings on a holiday?

As someone who is near 60 and starting to get tired, I'd say to any woman of 40, go on the holiday, and get decent drinking and shagging time in. I can see why some people end up bitter, outside of giving children a hand, you won't need what you think during retirement. It's the rare few that still want to hike across Vietnam. The frugal living I read on here sounds miserable.

Get a grip! Book the holiday.

All of us who wouldn't think twice about going on holiday with little or no savings is probably the reason why we have little or no savings. 😁
But as someone who has never had the 3 to 6 month savings in life, but went on holiday every year since leaving home and am now retired, I wouldn't change it whatsoever. Holidays are great.

Some of the performative parsimony on this thread is bananas. How much are you supposed to have in savings before you can have a little joy?

Edited as caught the button to post too soon.

Why don’t you change your attitude to the savings by setting up 2 accounts instead of 1. One for your long-term savings with the bulk of your money in it and have that marked mentally as ‘untouchable’ and then another that is your spendable savings, for your larger ticket stuff like holidays etc, all the stuff you want to do like holidays and home improvements etc.

I think this is a good approach for everyone to take

It is young enough but not the way off retirement you stated previously.
For what it's worth in your position I would go on holiday.

Like cottage cheese however we save incrementally through the year for this stuff .

I think that's perfectly reasonable yes !

If you had said 10k to disney essentially wiping out half your savings id have said a hard no.

I don’t know why you’re asking.

I would never suggest going into debt to pay for a holiday or using your emergency fund for it. I think 2k out of 35K is fine unless you know something big and expensive is about to happen like your car is about to die or you know your whole roof needs replacing

I prefer to set money aside upfront put if you have actually being putting it savings account then just go right ahead

I think going forward it is easier to split savings into 3+ piles assuming a decently funded pension is elsewhere
a) emergency only if urgent and unavoidable and impossible to cash flow
b) long term savings for say a new car, home renovation or extension, uni costs for your kids private medical treatment
c) fun stuff extra presents holidays luxury purchses

Err that's what savings are for. Money has no value unless it's spent.

Do iiiiiiit

I wouldn’t give it a second thought tbh

Haha! Thanks for the reality check… reading these other replies I thought I was the only one who doesn’t have multiple thousands sitting around in savings!

Strange reply… She’s already saved up to the tune of £35k! Seriously, how many people forego a holiday for a year when they “only” have £35k in savings?! Virtually no one!

I appreciate the need for some caution with finances, but some people on MN such as you take it to the extreme!

My dd was saving and saving and saving, postponing a holiday because he was very young. Very young he had a stroke and we took him on holiday, but it was a nightmare, nobody enjoyed it, least of all he. If you said 'I spent 2K out of my 35K savings on a designer bag', I would have said you were stupid. But a holiday!!!!! I hope you will enjoy it tremendously and after you return you will say to yourself 'how did I even think I should not go, thank God I went!'

Yes, I had an uncle who lived a frugal life, and surprised us all when he died when he had £200k squirrelled away in savings (he had a works pensions so wasn’t drawing down on it to live).

Be sensible, yes, but don’t be an Ebenezer Scrooge.

In which case you’d be unreasonable not to. Life is for living.

I can pretty much guarantee you that 99% of people at your stage in life who spend £2k on a holiday don’t have £35k in savings!

As pervious people have said, go for it!
You don’t know what’s around the corner…
Enjoy every minute!

I wouldn’t hesitate for a second. It’s a small percentage of overall savings. We have base savings then spend savings (savings for treats like holidays/new bathroom etc). Base savings is £20k and anything over is for nice things to enjoy life.

Do it!! In fact take double that and have a great holiday...you never know what could happen tomorrow. Enjoy a little of your money and make some memories.

Sorry if you think thats morbid, but im all for living for today. ❤️

If you can and want to build up your savings again then after this holiday then do it. It’s not a huge amount for a holiday.

I can replace it over 6-8months

Then what the heck is the issue? Enjoy it while you can, you get one life.

Agreed. I really don’t understand people who save 10’000’s and are ridiculously strict about touching the money. Completely different if it’s for a purpose requiring large amounts I.e house renovations but to just “have” money for the sake of savings I really don’t get. You could drop down dead next week with £35,000 in the bank and having had missed out on amazing life experiences. With that amount I’d be booking at least £10,000 worth of amazing holidays, and a few city breaks! Enjoy OP!

Of course it’s fine. You’re a long time dead.