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

[Ladygregory1]

AIBU to think if you have 35k in savings that it’s ok to use 2k towards a holiday?

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!

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!

I wouldn’t give it a second thought tbh

Do iiiiiiit

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

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

I don’t know why you’re asking.

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.

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

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.

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

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?

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.

Get a grip! Book the 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.