Great post, that can be seen almost everywhere in the world, for example here in Venezuela many people used to do that, that is, get into debt on vacation, although nowadays with our deep crisis you hardly see this anymore, but you are right when you express:

Instead of getting into debt for vacations that will always come back, why not simply settle for what you have and increase your asset portfolio? If you can now pay some of the expenses, then why won't you?

Thank you for sharing such interesting content.