[disneysteve]

Originally Posted by brig2221

I vacillate back and forth on this type of reasoning. I guess it depends on the overall financial health of the person in question. Generally speaking though, I can actually stomach this. Assuming that you aren't putting your family in a huge financial hole, there is some credence to living for today, and enjoying youself a bit while you are younger and have a family.

I understand what you're saying, but I think it makes a whole lot more sense to save for a year and then go, then save for another year and go again, than to go on credit and take a year to repay, then go on credit again and take a year to repay. If you can afford to make the payments, you can afford to save in advance. That way you also don't pay the interest (you collect it instead) and, if something were to happen along the way and you needed the money for a more urgent problem, you'd have it.

The couple in my example are totally "live for today" kinds of people. I'm willing to bet they have little if anything saved for the future.