Why not just deposit that money into a preferably interest-earning account that you control? At the end of a year, you will have the cash you need for a vacation, plus some extra from interest.
Sure. That works for some people. But some people lack "commitment" and make compromises when making decision like - Should i take vacation or finish project X on time? Should I take vacation or use that money for fixing something in the house?
Comments
Why not just deposit that money into a preferably interest-earning account that you control? At the end of a year, you will have the cash you need for a vacation, plus some extra from interest.
Sure. That works for some people. But some people lack "commitment" and make compromises when making decision like - Should i take vacation or finish project X on time? Should I take vacation or use that money for fixing something in the house?
So this is like layaway for vacations?