And he'd get paid, and the exposure would have given him a career to be proud of.
And he'd get paid, and the exposure would have given him a career to be proud of.
Don't forget money.
Key word driven. I don't drive. 2.5 by car is about a 10+ hr non stop bike trip, lol; then gotta get home
Should've been like you better give me a ride too
Hell man, Greyhound bus ride of that distance is only like $20-$25 with return trip pricing around $18-$20.
18 mile bike ride to the greyhound station then gotta risk my bike getting picked apart while I'm there, lmao.
but any way you look at it, wasn't realistic. Would prob have to go there and apply first, then come home get called back, etc. Would probably take 3 trips up there before anything ever happened
I don't see a problem with going to the same place for vacation every year, just so long as you actually enjoy it. I'd love to own a cottage and spend all my yearly vacation going there, fuck if it's close enough I'd prolly go there on the weekends in the summertime too.
I think you don't completely know how timeshares work. You don't have to go to the same exact spot every year whether it's the point system or not the point system. That's why timeshares were created in the first place. They are movable vacation homes. And to answer your question, millions have vacation homes where they go to the exact same spot every year. Both have maint fees, btw.
Some people like to go the the same place. I went to FL every year, and looked forward to it every year. With that said, the timeshare is not limited to the same place every year, what it does do is force you to take a vacation every year, which some people need that motivation (myself included) and don't regret the fact it does force you to.
As to the money, it may or may not save you. If you want to go to Orlando once and don't care about the place you stay at, then yes timeshare is a complete waste of money. If you want to go to Orlando every year and want to stay at a Disney-owned location (many of which run you about $400 a night), then you will ultimately save money (~15 years if you are buying new really fast if buying resale) staying at it through the timeshare vs. just renting a stay there. There is also the gamble of whether your kids will want the timeshare meaning they will save money right off the bat.
But again, not everyone cares as much where they stay. The timeshare I grew up in has a lot of nostalgia value, but right now it's cheaper to rent it then pay the maint fees ($100 a night for rent, but $900 in maint fees). But that is for that particular timeshare. With that said, one we have always wanted rents for $294 a night but the maint is $800, meaning it would be cheaper to own it if I wanted to stay there.
And keep in mind that if we don't want to go to FL one year we can either bank it, or trade it to a different location/week.
Can I find a place that will cost me less than $800 for the whole week? Yes. Will it probably be 2 bedrooms with a kitchen? Most likely not. Do I like having a nice big space when relaxing on my vacation and a full kitchen so I can then save money on food? Absolutely. Therefore it's worth it for me. It might not be for you which is 100% understandable, but it is not a waste for everyone.
*rent values are based off expedia/hotels.com for July. I chose which ever came up cheaper.
My understanding is that as long as you actually use it every year, timeshares are not a terrible deal. The ability to do that, though, is contingent on being able to coordinate a block of time (pretty far in advance) when you can go on vacation every year. Additionally, it eventually becomes kind of a toxic asset because the things are impossible to sell and your kids are going to grow up some day and there won't be family vacations anymore.
Timeshares make profit because the vast majority of timeshare owners do not use them, either because they can't make time or their kids grew up or for the same reason people still pay for AOL.
Also, you gain no equity unless you take out a lolmortgage. You are throwing money into a hole to go to the same place.
It's fine, it suits you, that's great.
Everyone that buys a regular vacation home in the same place? They have two giant benefits in addition to going to the same place which they love.
1) You are gaining equity and improving your financial situation.
2) Even if you NEVER use it. You can a) rent it b) use it as collateral c) watch the real estate prices creep up and eventually sell at a much higher rate of return than a Disney Vacation share.
This is very very true. I think that a huge portion of timeshare owners should not have been timeshare owners. We are lucky in that I am a teacher (so summers off are garunteed) and hubby's field is really flexible about vacations, so it's easier to plan.
And the other bonus is for those with busier lives it forces them to make the effort to plan. I feel bad for my kids this Christmas break. I took them to DL once and that was the extent of really going anywhere. We mostly sat around the house, or they went to preschool, and we visited family/friends a few times. But we really didn't GO anywhere. This is my fault completely. But I know that if I have timeshare, I will want to get the full value of it, and will make sure to plan it every year. Even if I spend more than I would have, it's worth it because it means my kids will get that vacation. I am so thankful my parents did it for us.
I am not buying it for an investment. I never said I did. I specifically referred to vacation homes to address these comments with have nothing to do with investments:
The point is that there are many many people out there that DO like to go to the same spot every year. You don't? Great. Doesn't mean it's then wasteful for everyone else.
And obviously there is no resale value if I am going to buy one for a $1. lol
My point was that you could buy a vacation house and still have a lovely vacation to the same spot every year and it would also have tangible benefits. The upfront costs of a timeshare are the reason it's such a poor use of cash.
If you're spending 10K on something like this and not looking from an investment perspective than that's a whole other issue.
A poor people perspective.
I cannot afford a vacation house. Duh. But that doesn't mean I shouldn't stay at a nice place with a full kitchen.
.If you're spending 10K on something like this and not looking from an investment perspective than that's a whole other issue.
Why does it need to be an investment for it to be useful? Not everything is about money.