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This trip is going to so awesome!!! There was a guy that went to Vegas with little money and ended up lending his wife out for money for one night.
It was such an indecent proposal. Well, "broke" and Vegas do go hand and hand because most people are usually broke AFTER they've been there a day or two!!
Yes, there are TONS of cheap things to do and cheap things to eat in Vegas, but there are also tons of expensive things And that's not including the gambling!!
I understand that Vegas IS expensive, and there's pretty much no way around that. I'm bringing as much money as my budget can allow not much, but it's the best I can do.
Don't listen to those who are discouraging you from going. I use to go to Vegas as a broke college student and had lots of fun.
There are lots of things to do and see that are free! I would suggest that you do buy a cooler for your room and have it stocked with beer.
This will save you lots of money. There are plenty of food courts in the various casinos that you will be able to afford to eat at.
Does your time share have a fridge? If so, I would stop off at a store to buy snack etc. As far as gambling goes, it is a form of entertainment and should be treated as such!
The house always wins! Go and have fun and be sure to post a TR when you get back. Revel in being 21 and broke. That situation has some huge advantages over being 43 with expendible income -- advantages you'll never enjoy again.
Once you're my age, you look back on those to-a-room crazy days with great, great fondness. You'll have the experience forever. Just DON'T think you can profit from the trip.
Blow all the money you're prepared to part with. Drink all you can handle without inviting regret. And have a ball!
I'm surprised no one has mentioned this yet, but poker may be a good bet for you. Poker can be an excellent choice if you're hoping to limit your losses or even win.
It is the one game I know of where you are playing against other players and not against the house. Get to know your deficit. Spending less than what you earn is critical for you to save something for another day.
Credit cards are great when used in a bad financial situation. However, this particular plastic in your pocketbook is the greatest promoter of lousy money habits as it allows you to spend on impulse abandoning your budget plans.
So sticking to your budget and keeping your credit in your wallet is one of the best money habits you can have. More than one-third of your FICO credit score is determined by your ability to pay bills on time.
When your credit card bill, car insurance or utility bill arrives, pay it before the due date. Devise a payment method and plan with your creditor before it goes to collections.
Your financial future depends on it. When you consider your friends, are they financially successful? If the answer is no, then you need to start spending time with people who are successful.
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