DH and I have decided to add more debt and not an insignificant amount. As you remember, we were saving money towards a DVC contract or a trailer. Because a friend was selling the exact trailer that we wanted and it was no longer going to be produced, we decided to go ahead and purchase it last October. From the $25k cost plus almost $2k tax and registration fees, we have now just $11k left to pay on it. I think it will be closer to $8k by the end of the year, so we are far ahead of where we had planned for this loan.
Well, though it wasn't really in our plan right now, we looked over the numbers and have decided to purchase another DVC contract at the new Riviera Resort. DH was stuck on the idea that he only wanted to have a contract at a monorail resort, so because of that we were considering Grand Floridian as our next option. The Riviera will have the Skyliner and DH he really likes that idea. He also likes the idea of having a home resort closer to some of the other parks rather than just being right by MK. The studios are very similar to Poly, with a shower and a shower/tub in each room, plus 3 separate beds, so we see these rooms working for us long term with 2 kids. And though it will cost more to buy direct than if we go for a resale contract, we will get the benefit of the entire 50 years rather than a shortened amount on a resale contract.
I am both excited and a little nervous, but we know that we can make this work and we would rather invest in fun family vacations than most other things. Since DH probably won't have enough vacation time, we will likely be renting out our Riviera points for the first year and applying that towards the costs as well. Though I really hope he gets a promotion so that his vacation time doubles.