Post # 1
Darling Husband and I haven’t done much traveling. In the 7 years that we’ve been together, the only trips that we’ve taken was an overnight to Niagara Falls and then our Honeymoon. After going on the ‘moon we realized what we’ve been missing all this time. We want to travel and see the world but we never actually do it. We’ve been talking about going on an anniversary trip this year so I’ve been pricing out some options and such. Well, yesterday we discussed how awesome it would be to take a Mediterranean cruise. We’ve always wanted to explore Europe but it was never really on our radar considering how expensive it is. We decided to roughly price out the trip to see how feasible it would be. It looks like we’ll be dropping between $8-9k on airfare (coach because first class was like $8k per person, PER WAY), the 7 day cruise that hits multiple amazing stops, a total of 3-4 extra days in Rome before and after the cruise and spending money (which I fluffed considering I don’t really know how expensive everything is going to be). It’s a lot of money but we also have to remember the kind of trip it’s going to be. It’s not just a cruise to the Caribbean or something, we’d be traveling around Europe for approximately 2 weeks.
So Darling Husband and I discussed it and be both agree that while it’s expensive its not totally out of the question. We would forego the big anniversary trip this year (probably just go somewhere within driving distance for a long weekend) and save for Europe in May 2013. This is something that I really want to do before we have kids and will probably never get a chance to again but Darling Husband, being the more level headed one, keeps coming back to the house downpayment. We both really want to buy a house (can you tell we want a lot of things? lol) so we won’t be able to swing both next year. The way I see it, once we buy the house we’re never going to Europe, atleast not for many many years. We either won’t have the money for the trip or we’ll be sinking that into home repairs and upgrades. As much as I want a house, I’d be willing to postpone that for an additional year so that we could have the experiences that this trip would offer.
I realize that the house downpayment would be the more responsible of the two but that doesn’t necessarilly mean that it’s the right choice. I want to experience different parts of the world before we settle down and become homeowners and parents. After those happen, we’ll probably be lucky to get to Disney every few years let alone galavant though Europe.
If you were in my position, what would you do? Take the trip and postpone the house for another year or so or become a home owner and possibly never see the other half of the world, atleast until you’re old and grey?
Post # 3
I’m just bumping this up a little because I’m curious to hear some bee’s opinions on this. This is a situation Darling Husband and I mighgt find ourselves in very soon… I’m just as torn as you are!
Post # 4
I would take the trip. I’m a little biased because I don’t have a desire for home ownership yet. However, Darling Husband and I are fairly well traveled for our ages (multiple trips to Europe, several cruises, lots of in-country travels) and I can sayunequivocally that we value those experiences so much. Europe is amazing, Italy is my favorite country so far with the friendliest people, beautiful scenery and delicious food, and there’s something about traveling that is a real bonding experience for my husband and and I. I don’t think yoit’d regret it, especially while you have the money that doesn’t need to be sunk into your house.
Post # 5
I’d postpone the house and take the trip. I’m taking my sweet time buying a house, right now neither my husband or I know if we want to be in his home state or mine, so we’re living in a very nice apartment until we figure it all out. A year is nothing, it’s a blip on the radar, take the trip!
And not for nothing, but I wish I’d had the opportunity to do something like this early in my marriage.
Post # 6
I would take the trip. When you look back on your life, you’ll remember travelling. That’ll be the stories you tell your grandkids. You wont talk about getting a house a couple of years earlier.. IMO.
However, i think you’d probably get more for your money if you forego the cruise route and instead travel europe on land. On a cruise you only really get a day for each city (with a lot of time spent on the boat) and theres so much more you could do if you bought an interrail ticket, choose say four or five cities and spent two/three days in each.. Accomodation and food wise, if you stayed in hostels/cheaper hotels it actualy wouldnt cost that much more (or even any more) than the cruise and you get so much more experience of actual Europe..
Post # 7
@KatyElle: We’re kind of in the same boat. We’ve discussed where we want to settle down and we’ve yet to really come to a decision. If we were going to buy, it would most likely be where we’re currently living but we’ve also discussed possibly relocating to the west coast. Of course we’ll have to figure all of this out before any decisions are made.
I worry that we’ll regret not going and having the experience. Neither of our parents ever traveled anywhere. Actually, no one in either of our families have done much beyond beach vacations. Europe has always been a dream of ours.
@MrsWrangler: Thanks for our reply! That’s my concern. I kind of doubt we’ll ever have a spare $10k lying around after buying a house. There will always be somewhere that the money would need to go to over a fancy trip.
Post # 8
@mrsbacon: Hmm, I’ll have to look into that! We cruised for our Honeymoon and loved it but maybe you’re right. Traveling by land would probably provide a lot more experiences than only having a few hours in each place. I don’t know if we’d be able to stay in hostels though. Darling Husband is pretty particular about his accommodations. Thanks for the suggestion!
Post # 9
I would take the trip and delay homeownership or look into the FHA loans out there that require a lower downpayment. PS, buying a house doesn’t stop you from traveling as long as you buy a place that isn’t a complete pit and you are comfortable with it. We just bought a place and we are planning on taking a trip later on once we build up enough airmiles for the flight.
Post # 10
I dont know if this is an option, but I’d really try to save up for both a house and a trip and cut out in other areas, like eating out, or other types of personal spending. Did you say the airfare alone was going to be 8-9k? That is REALLY high. I’m pricing out airfare to Italy and Greece this year and they are about 1200-1500 per person. We’ve budgeted about 8-9k total for 3 weeks… although we arent going on a cruise, but considering the cruise would negate what I’ve budgeted for hotel and food, it should be about the same. What type of vacationer are you?? Would you be mainly into sites and experience? Or into luxury travel and fine dining? If you are the first, and good at bargain hunting, traveling doesnt have to be as expensive as it may seem.
Post # 11
I think it depends on how old you are. 🙂 I would go for the house personally, but I am 33.
Post # 12
Take the trip. 🙂 Europe has ALWAYS been a dream of ours as well and we went for 3 weeks during our honeymoon and it was worth every cent. That being said, our 3 week trip only cost us about 8K and that included all transportation, food, lodging. So I would reconsider the season in which you are going to bring down the price of airfare. Or consider flying into a cheaper city to save on airfare. 8K-9K for airfare sound astronomical.
Anyway, not wanting to sound like a nag so feel free to PM me if you’re interested in some of the budget blogs and online resources I used to plan our trip.
GL making your decision! 🙂
P.S. Well IF a cruise can be out of the picture then your options are so much more open to keep the $$ under control. We only stayed at two hostels, the rest of the time we stayed in B&Bs and rented apartments. SO much cheaper than hostels AND hotels. And provides a much more authentic experience. What cities are you looking to go to???
Do you remember my original username Gerbera? Search for my honeymoon recap thread. I think I provided rough $ amounts. Granted that was in 2010 so fluff the $ a little. 🙂
Post # 13
if you do take the trip, which i am sure will be wonderful, stick to land, it is much less expensive.
our return flights from toronto to london’s heathrow were only $1600 total. we got a great deal on a hotel in london from booking.com and then we took the train throughout england (to visit Fiance family). we found great hotel deals online for the spots we wanted to visit. then we took the eurostar to paris. again, our hotel was found online for a deal when you spend more than 3 nights there. we were there for about 2.5 weeks and spent around $5000. we did a lot of touristy stuff and we stayed at nice hotels but never ate out in really fancy places, just pubs and bistos. also, it was off season. that makes a difference with flights and hotel stays.
wherever you decide to go, check out the prices at different times of the year. this may help you decide when to go and you may spend as much as 50% less.
Post # 14
I’d take the trip, but not that trip.
If you want to discover Europe, a cruise is not the way to do it, obviously this is my opinion. 8-9 k for airfare makes no sense to me? I think the last time I flew to Europe, I flew into Spain and the airfare was around 1000.
It is fairly inexpensive to travel in between countries once you are in Europe. My flight from Spain to Belgium was around 200 dollars I believe. And the train system is wonderful within Europe.
You can blow it out and have an amazing trip in Europe for less than 10K, including everything.
Post # 15
I would buy the house. Money has never been cheaper and it’s not garunteed that it will stay that way for years to come.
Its probably he right long term decision to make.
However, I’m not advocating not traveling. Just do a different kind of trip. Instead of a cruise consider staying in hostels or renting an apartment for two weeks. When my Fiance and I travel we always buy breakfast and snacks at grocery stores or local markets and then eat dinner out. You can save a ton of money that way. If you hunt around for bargins you can probably do a 10 day trip to Europe for closer to 5k rather than 10.
Post # 16
I would buy the house personally. How old are you? Im 33 and purhased my first home when i was 25. Once your settled in your home start saving your pennies for this trip. A home is a great investment while a trip is only for 2 weeks.