|
TIMESHARE NIGHTMARE
When you read the title of this article, what was your immediate response? Did you wonder if I was going to tell you how to invest in a timeshare wisely? Or did you think yourself, "I don’t need to know anything about timeshares." Regardless of your reaction, I assure you that this topic has been popping up in many conversations for me throughout this summer.
First let me share a few of the conversations that have peppered this summer. One friend was on vacation and shared with me that she had to get up at 5:30 a.m. two mornings in a row to confirm her reservations at a Disney timeshare. Even though she did that, she still ended up on the waitlist for a stay next year.
I had a woman reach out to me through Dave Ramsey’s website. Her sister-in-law had just lost her husband and they were learning about all the things that he had “invested” in that she had no knowledge of. The woman who reached out to me wanted to get some advice as to how to “get out” of the timeshare nightmare.
My husband and I were recently staying at a hotel in Charleston, South Carolina. Every morning while we enjoyed the impressive breakfast offering, someone from the “Grand Vacations” umbrella of the chain would walk around the dining room and “offer” an irresistible three-to-five-day vacation for only $299 if we just committed to attend their two-hour presentation. If you know, me you know that this did not go over well. I was already paying nearly $300 per night at the hotel I was staying at. Wasn’t that enough? I digress.
Another local single mom told me about a timeshare that she had with her now ex-husband. Through the divorce they had to figure out how to get out of the agreement. She told me that she followed Dave Ramsey’s wisdom.
Dave Ramsey says it can cost on average between $5,000 and $6,000 to get out of your timeshare nightmare. It might take between 12-18 months to exit the agreement. So as your children grow up and you consider making big decisions about vacations, I want to share this article with you written Dave Ramsey.
If you’d like to have a conversation about timeshares and how you might benefit from them, I welcome the opportunity. In the meantime, budget well, pay cash and truly enjoy your vacations without the hassle.
| 
