Memories a Good Trade For Money

Luke's wife has terminal cancer, and Luke wants to take her on a vacation for about $27,000. She says no because he'll need the money when she's gone. Dave tells them to go.

QUESTION: Luke in Nashville and his wife are disagreeing about spending money. They are on Baby Step 4 with $38,000 in a nest egg. They don’t have the $75,000 they originally set a goal for. His wife is 34 and has terminal cancer, and Luke wants to take her on a vacation for about $27,000. She says no because he’ll need the money when she’s gone. Dave tells them to go.

ANSWER: I don’t even have to think about this. One hundred percent of the time, I’m going on this vacation. You’re paying cash for it, you have the money, you’re the breadwinner when you get home, and this is the last few precious months or years or whatever that you have. You’re facing an unbelievable battle here.

Absolutely you’re going on this vacation. It’s what money’s for. You would rather have this time—you would—10 years from now looking back, you’d rather have those pictures and this memory than you would a lousy $27,000. That’s a good trade for money. That’s a good trade. You’re making the right trade. It represents your heart. It represents your value system. You’re not irresponsible. You’re not telling me you’re putting this on a credit card. You’ve got the cash. You’ve worked hard to have this money and be in this position. Dude, you go buy the tickets. Tell her to pack her suitcase.

Jump-Start Your Goals!

Jump-Start Your Goals!

Get our 8-Day JUMP START series and weekly newsletter that are packed with articles and tools to help you win with money.

Reach Your Money Goals

Reach Your Money Goals

Start with a budget. Join the millions already budgeting with EveryDollar!

Create My (FREE) Budget

Thank You!

Your 8-Day Jump Start is on its way to !