TS Today - Creating a Vision for the Future of Vacation Ownership Issue #142, Jul/Aug 2015 | Page 5

TimeSharing Today Page 5 the cost we might incur to get rid of the unit when we no longer want it, the cost still may be less than hotels would be. We intend to keep this unit for a long time, but, given the low purchase price, we would not have to keep it long for it to be ¿QDQFLDOO\SRVLWLYH The other timeshare we bought for a much higher price a few years before the recession. It has two bedrooms at a higherHQGUHVRUWDQGLVPRUHGLI¿FXOWWRMXVWLI\¿nancially. For equivalent accommodations elsewhere and/or if we keep the unit substantially longer than our other unit, it may pencil out positively. Personal Considerations Can a timeshare still be considered a wise investment even if it doesn’t pencil out ¿QDQFLDOO\"$JDLQLWGHSHQGVRQWKHRWKHU factors mentioned above or any other factors that are uniquely applicable to the person considering the purchase. Each of us will have different motives DQG SUR¿OHV IRU ZK\ RU KRZ D WLPHVKDUH might be a good investment. As we conVLGHUVRPHRIWKHVHOHW¶VSXWWKH¿QDQFLDO consideration aside. Maybe we should even DVVXPHWKDWLWLVQRWDJRRG¿QDQFLDOLQYHVWment to see if any other considerations can RYHUFRPHWKH¿QDQFLDOQHJDWLYH7KLVZLOO be different for each of us. Timesharing, unlike hotels, can help force or at least heavily incentivize us to take a vacation. Once a timeshare has been purchased, not using it would be silly. It’s paid for, so we’d better get as much value out of it as we can. Each time a hotel is booked, it is completely elective. If you don’t elect to book a hotel and go on vacation, you don’t spend any money. If you buy, but don’t use your timeshare, you’ve wasted your money. Having the timeshare should increase the likelihood you will take a vacation that you might not otherwise take. A timeshare could then be considered an investment in vacation. Building Fun Memories How many of us have some of our best memories coming from vacations? Vacations are times away from the usual rigors of daily life and so are associated with enjoyment and fun. This is fertile ground for building fun memories. A number of things can be stored in our memory banks while on vacations: beautiful sites; historical, archaeological, geological, cultural, and other sites of interest; being together with family or special friends; s