It’s almost vacation time again for us. I just bought 2 flights to Havana last weekend for June. The flights are expensive, about $1000 each. We will be going budget once in Cuba though, staying in Casa Particulares, eating in Paladares, and taking the bus. It will be cheaper than an all-inclusive resort. I decided not to use Air Miles for our flights by the way (even though I said I might), because I decided to assume the higher $0.16 or $0.2 valuation for the Air Miles. I think they will get used for sure within the next year for flights to Calgary. We already know we will be going to a wedding in Canmore next January for a weekend and Air Miles are worth about $0.23 on flights to Calgary.
Since our last vacation, in October 2005, we have been saving about $600-700/month towards vacations. That amount is automatically transferred at the middle of every month from one of our chequing accounts into an ING account. We did this because we both have full time jobs and we both get 4 weeks of vacation per year now and we want to be able to use it. We have no kids right now, but we will eventually, and we want to make sure we take advantage of this post-marriage pre-children period. We are maximizing our RRSPs and slowly but surely paying off the student line of credit and putting away some more money for a rainy day so I think we can afford it. Last but not least, we just need a vacation!