You've proabably heard about timeshares and how they can benefit you. For instance a timeshare takes away the confusion of booking hotels or making camping reservations as you already know where you'll stay. It is cost effective for large families, as extra hotel rooms can add to what may be an already stretched budget. It is can also be worth the cost when compared with buying (or having built) property as there are many associated headaches and costs that simply don't enter the picture with a timeshare. Another benefit of a timeshare (especially if you've got teen or "tween" children) can be the chance to brag just a little about the nice big hotspot your staying for your vacation. Finally, a timeshare, properly researched, can make one a lot of money on resale, if the property value and demand increase over time. That said, a timeshare may not be the right thing for your particular circumstance and can have some drawbacks.

First, consider the type of person you are financially....