I booked a sunsail holiday last year. We're due to go in September. I have paid a £700 deposit. In one week's time I need to pay the rest which is roughly £2000.
But both of our showers have just packed in. We need to replace our bathroom completely as something is leaking and causing a damp patch on the ceiling of the room below. It's going to cost us at least £5k (probably more). We really can't afford to do it but it's one of those things that needs to be done but it would mean having quite a lot of debt which I hate.
So now I am thinking that we should cancel our holiday and put the £2k towards the cost of the bathroom. (Plus we'd probably spend at least another £1k on the holiday plus it means I won't be working for two weeks which means no income)
But if I cancel, we lose the £700 deposit - which seems like a lot of money just to throw away.
What would you do?