Don’t Dip into your savings.
If you have to take money out of your savings, investments, or expenses, then you actually can’t afford the trip. Also, don’t use your credit card to book any flights or hotels if you don’t really have the cash on hand—unless you think debt looks good paired with that tan you got in Bali. “While the memories last and the experience is priceless, coming home to zero is not a very sound financial judgment,” asserts de la Paz. APRIL 2016