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The Savvy Scot

Personal finance and lifestyle blog

Viewing posts tagged with: Financial Plan

When Does Travel Fit into a Financial Plan?

By savvyscot

Yes, opportunity cost is the cost of doing something with your time. Since the trip was over summer break, this trip would cost me greatly in opportunity cost. Let’s break this down.

This is a question I’ve been contemplating since I was 14. When I was 14, I had my first job. The job didn’t pay much but since I was in high school, I was able to save nearly everything.   One day, there was an early morning meeting about a group tour. A tour company… Read more

Filed Under: Travel Tagged With: Financial Plan, Travel Fit

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