My family and I just returned from a week at the beach. It was fun and very hot. We spent the week with all of my wife’s family. I can say for me, I am glad to be back and able to get some rest!!
Being at the beach is fun, relaxing and interesting. We were able to see many interesting things including a shark and an alligator.
The most interesting thing I witnessed was what people do on vacation. Everywhere we went people were spending money! The problem was not with spending money, but how they were spending it. It appeared that the plastic was being worked hard. Restaurants, grocery stores, beach souvenirs – it did not matter, people were using the plastic cards.
I do not mean to suggest that everyone was going into debt for the vacation, but I really wondered if anyone was managing their vacation by a plan. A plan to financially stay on track with what they expected to spend on their trip. If you are not very careful, you can spend way more than what you planed and put yourself in a position of facing the debt when you return.
Our family had a cash limit. We made it. In fact, we beat it and brought home cash from the trip. Great vacation, great memories and no credit card bills. That is the life.