When searching for a way to save some money in this economy, where are you looking to save, and where are you looking to spend a little more? Our economy is always going to have ups and downs. We never truly know the best place to invest. Some say “Keep your money” while others even say “It’s too much of a risk in this economy.”
Folks, let’s face a few facts of reality for a moment. Our economy will always be the excuse for not making an investment. However, do you want that to be your excuse for not taking the time to evaluate what is best for our families?
It is a well-documented fact that one of the number 1 causes of heart disease is stress. We live in a world where stress is a part of our everyday lifestyles, from school, to work, to errands, and even those simple house chores. So how do you relieve your stress?
There is more than one way to peel an onion.
Research has shown that one of the best ways to relieve stress is to get away from what has created that stress. When I say GET AWAY, I mean leave it all behind, even if it is just for a few days. Put down the computer, the cell phone, and the video games. Learn to reconnect with the ones you love. You will be surprised how much this changes you.
Take a vacation and invest in some type of vacation plan. Look into something like a timeshare or a vacation club. Yes, I said it “Timeshare” or “Vacation Club.” Why do I say this?
Like a gym membership, if it was something you own, it will force you to use it. I’m sorry I am forcing you to take a vacation. I am only looking out for your mental health.
Timeshares or Vacation Clubs are those investments people are always afraid of talking about. You hear the TV or radio ads to “Get out of your Timeshare.” What they are really telling you is to drop that investment and get back to work.
Pros and Cons
Both these options come with pros and cons. One of the biggest cons to both sides is the “Maintenance Fees.” These are those fees that are never set for the life of the ownership. They will all most always increase with the economy. The question is, What are you really getting for those fees?
First, let us look at your traditional Timeshare. These are those investments where you have some limitations on locations, accommodations, and dates for travel. For some people, these are great, especially if you like a particular location and time of the year. The “Maintenance Fees” will cover the normal routine maintenance and overhead costs like utilities or local taxes. However, any additional upgrades or renovations will be added to the fees or create a substantial increase.
Vacation Clubs are more for those folks who want to experience more in their life. Most programs offer more locations along with total flexibility on accommodations and dates. These programs typically offer points in exchange for vacation accommodations. Like using cash, however, those busier locations and times will cost additional points. Then there are those “Maintenance Fees.” Like in timeshare these fees cover maintenance and overhead costs, they also can cover your deeds and security on all the properties within the club. However, additional upgrades or renovations will not usually create an increase. This will explain why some club fees are slightly higher.
The BIG PICTURE
Looking at the “BIG PICTURE.” Investing now to pay for your vacations to reduce stress may not be such a bad idea. Keep in mind that any of these companies are willing to take your money, whether it be today at today’s prices or anytime in the future for a much more cost to you. The decision is yours to pay now or pay later.
Thank You for stopping by, I would love to hear your input on this. Please feel free to comment below.