How to budget for that long-awaited summer vacation

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While some are in a position to splurge on a vacation after having accumulated some savings during the pandemic, others are eager to do so regardless of whether they have the cash available

“If they want to travel, they’ve likely decided on it and it’s really my job to come up with a strategy,” he says.

“I’ve definitely heard that before,” he says. “Maybe they haven’t had that six months, one year to set up a monthly savings plan, then they’re likely going into, let’s say, a line of credit, maybe even a credit card to make this travelling happen.”“Be very cognizant of how much this is going to cost you and your final bill and come up with a repayment strategy,” he says.

“But with interest rates going up, it’s an even bigger hit; where you thought you could afford the interest rate of, say, 3 per cent, and now it’s 5 per cent. Well, it’s going to be even harder to pay off.” Indeed, in the current environment, Ms. Somba says it’s important for clients to account for the impact of inflation and not to build future travel plans based on the cheaper prices seen during or prior to the pandemic.

 

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It is puzzling to me why people would need help in the financial planning of a vacation. It's even more puzzling why someone would finance one. If you have a budget, it does all the work for you so you know where you're at and can see what expenses you've accrued for.

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GOLDSTEIN: PM is entitled to vacations -- taxpayers are entitled to know wherePrime Minister Justin Trudeau is on a two\u002Dweek vacation with his family in Costa Rica and that\u0027s fine. Yes entitled… but should be on his dime, not ours!!! Is he entitled to as many vacations as he's taken though? Most Canadians are lucky if they vacation once per year. Many haven't vacationed since 2019 (myself included) because of Trudeau and his involvement in the controlled demolition of western society. sunlorrie No vacations after he spent only 11 days on the ground last month. He had all the down time he needed sitting on a private jet between campaign stops. It is OUR MONEY he is WASTING. Like the money he wastes buying main stream media. How much of your pay check is liberal tax $$?
Source: TheTorontoSun - 🏆 23. / 68 Read more »

GOLDSTEIN: PM is entitled to vacations -- taxpayers are entitled to know wherePrime Minister Justin Trudeau is on a two\u002Dweek vacation with his family in Costa Rica and that\u0027s fine. Jayzus Goldstein even i know where he's at...and i'm not one to give a 💩!! Oh no they are not! The white noise over a simple 2 week holiday is pathetic as is Goldstein and the Sun.
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GOLDSTEIN: PM is entitled to vacations — taxpayers are entitled to know wherePrime Minister Justin Trudeau is on a two\u002Dweek vacation with his family in Costa Rica and that\u0027s fine. Why? It gets vetted internally… if it’s acceptable location, it’s none of our business His whole fucking year is a vacation. Also, no he isn’t. If we can’t afford to buy food that mutherfuc&er doesn’t get to take multiple vacations in other countries. Click bait
Source: ottawasuncom - 🏆 4. / 92 Read more »

GOLDSTEIN: PM is entitled to vacations -- taxpayers are entitled to know wherePrime Minister Justin Trudeau is on a two\u002Dweek vacation with his family in Costa Rica and that\u0027s fine. sunlorrie If you're paying Lorrie, then that says everything about your rag sunlorrie It reads like sunlorrie is defensive about the over-reaction of the right wing to anything Trudeau. The chorus of right wing hysteria has become disconnected to reality. Because they have overplayed the rage card. And, they have placed themselves as the joke they are. sunlorrie Didn’t read that shit.
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