My company has been shut down for the holidays since December 23, and I have been trying to make the most of that time. Last week the family and I went to Disneyland and later this week we will be going up to Tahoe for a couple of days of skiing. All this traveling costs quite a bit of cash, probably in the neighborhood of $2,000 when all is said and done, but the final tally will only be available when we return.
This is a fair amount of change to be spending in this type of economic climate, but I think this is money well spent. First of all, we are a family of 5 so the cost per person is pretty modest when you think about. While visiting Disney we stayed at a reasonably priced Holiday Inn, and the kids got only $25 each for souvenirs. At Tahoe, we are renting a vacation house, with my wife's entire family. Since our vacation is all in California, we are driving everywhere and have no expensive air travel to deal with.
I think that my wife is bit more concerned about spending all this money on a vacation, but I am not terribly concerned. First, now that my company has completed its second round of fund raising, we have enough cash for over a year of operations, and I believe that my position within the company is very stable (unless I somehow cause a major blunder - which I am not currently planning to do...). Second, our emergency cash reserves are fully funded. We have over one year of living expenses in cash and equivalents. So, while I am nervous about the economic situation (who isn't), I don't intend to hide under the covers until the sun comes out. We'll be reasonable, prudent and frugal, but we are not going to stop living. The holidays are a good time to relax and enjoy life, and that's what we intend to do.
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