Over the weekend I got an email from the travel agency I used to book the China trip that said the trip will not materialize.

I was given three options.
1-Rebook for the Feb trip which is more money.
2-Apply funds towards another trip.
3-Have a refund issued.

I went with option #3. I will be getting back $2,198 and I've set aside an additional $2,000 in a vacation fund for the visa's, excursions, spending money, etc.

I'm debating on what to do with the funds. I could just leave the $2,000 in the vacation fund and apply the $2,198 towards the mortgage or just use all of the money $4,198 towards the mortgage. Or hand tight and see what deals will be available for Cyber Monday.