To book a holiday even though we're in debt?

[HalalPork]

We haven't been away at all this year or last year. The year before our lovely ILs took us away for the week (not abroad).

We've had a really tough time over the past couple of years, illness, job loss, general stresses. We've never done a foreign beach type holiday.

From a quick browse it looks as though we could book a villa with a pool for next year for a couple of grand. This amounts to four months roughly of credit card repayments at the current rate we're clearing it (all 0%).

Would this be mental? I'd like to give the kids the experience before they're too old to want to come with us (teenagers already).

We're not on the bones of our arse, Dh earns good money and all the bills etc are paid before we look at repayments, and we do still have some fun money, we're not sacrificing ourselves at the altar of debt.

Would it be madness at this point to stick another £2k or so on the credit card?

No way. You are £15K in debt and want to add to that :/

Why on earth? What about future planning?

Spending on a holiday will be 100€/day minimum in my experience. So don't forget to add that to villa, flights, insurance, car hire etc

You obviously want to do this so go ahead, but some people's reckless attitude to money baffles me. Reading about your finances makes me feel incredibly anxious I couldn't live that way at all. FWIW if I had debt except a mortgage there's no way I'd be buying a holiday (a luxury) "on the tick", although I would never ever use credit as I am of the mindset "it's not my money" so if I want something I save up and get it. It's surprising how many times that by the time you've done that you decide you don't want the thing anymore.

For me money equals security. I'm not frivolous with it but I like to know it's there so it would really go against the grain for me to put something like a holiday on a credit card, I would just never ever consider doing that.

Harry
The debt - which is seemingly serviceable - will be paid off in time

Not if they keep going on holidays and spending fun money on debt.

Peace of mind for me, personally, doesn't come with having no debt, it comes with squeezing as much as I can out of all my available credit.

Wasn't this attitude that basically led to the last financial crisis? And most people who suffered weren't those with debt as close as possible to what they could afford (including their mortgage)?

we are not in debt and we never spend a couple of grand on a holiday you knw you can book via places like owners direct etc for far cheaper, get your own flights?