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Optimal Finance Daily - Financial Independence and Money Advice

414: Should You Go on Vacation If You Have Debt by Michelle Schroeder-Gardner of Making Sense of Cents

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Self-improvement, Education, Business, Investing

4.51.3K Ratings

🗓️ 28 September 2017

⏱️ 7 minutes

🧾️ Download transcript

Summary

Michelle Schroeder-Gardner of Making Sense of Cents answers the question: should you go on vacation if you have debt? Episode 414: Should You Go on Vacation If You Have Debt by Michelle Schroeder-Gardner of Making Sense of Cents (Travel Hacking). Michelle Schroeder-Gardner created Making Sense of Cents in order to help improve her own finances. With diligence, she was able to pay off $38,000 in student debt in 7 months, kept track of progress, and helped readers along the way. She's currently touring North America and living out of an RV. You can learn more about her and see her monthly income reports at MakingSenseOfCents.com. The original post is located here: https://www.makingsenseofcents.com/2017/09/should-you-go-on-vacation-if-you-have-debt.html Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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Lenovo.com slash yoga. Limited time only terms and conditions apply. Engineered to do it all. That's a laptop evolved with Intel Evo Platform.

0:28.0

This is Optimal Finance Daily, episode 414.

0:33.2

Should you go on vacation if you have debt by Michelle Schroeder Gardner of Making

0:37.3

Sense of Sense.com.

0:39.2

And I am your host and personal narrator, Dan.

0:41.2

I'm here each Monday through Friday reading to you from some of the best

0:44.4

personal finance blogs on the planet.

0:46.7

Now today's post comes to you from Michelle Schroedergardner of Making Sense of Sense.com

0:51.9

so let's get right to it as we optimize your life.

0:55.0

Should you go on vacation if you have debt by Michelle Schroeder Gardner of Making Sense of Sense.com.

1:07.0

Managing your money and paying off debt can feel like a never-ending process.

1:11.1

And if you have a long-term debt repayment plan, you may find yourself wondering if you can realistically take a vacation without feeling guilty and or potentially wrecking your financial progress.

1:20.0

Whether or not you travel while having dead is a personal decision.

1:24.0

Personally, I did travel when I had student loan debt.

1:27.0

They were usually short trips and I always made sure to budget for them while keeping them as affordable as possible.

1:32.0

And we still had a great time.

1:34.3

We went to Puerto Rico, Kauai, and many other places,

1:37.2

and each trip was done affordably.

...

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