Ideas for “frivolous” spending

[Anonymous]

Anonymous wrote:When you say it cannot be saved, you mean I can't save it up for a year and then spend $60k? Hmm...

Light cosmetic maintenance bc $5k isn't enough for actual procedures
Wardrobe updates
Concerts/ live entertainment/ really good Caps tickets

Correct. 5K to use or lose each month.

[Anonymous]

Tickets to entertainment. Sitters to attend the events that are not for kids.

More housecleaning.

One new wardrobe item a month.

Small house upgrades in a few years once kids are big enough that we can have nice things

[Anonymous]

Another horse!

[Anonymous]

Can I take out a loan for renovation and use the monthly $$$ to pay it off?

[Anonymous]

Wegovy is $1000 a month

[Anonymous]

Anonymous wrote:Gosh, I don't know. You nixed all my default answers!

Maybe a private chef so I don't have to ever think about meal prep again?

+1000

[Anonymous]

A nanny.

[Anonymous]

Anonymous wrote:Another horse!

+1

[Anonymous]

Buy a cow and pay someone to milk it and churn fresh butter every day.

[Anonymous]

Renovate my house?

[Anonymous]

Anonymous wrote:Pretty specific hypothetical: you have an extra 5K/month that cannot be saved/invested/donated/etc., only spent on unnecessary indulgences for yourself. Travel aside, what do you buy simply for the joy of it?

Jewelry.

[Anonymous]

Anonymous wrote:Wegovy is $1000 a month

Only $499/month directly from the manufacturer.

[Anonymous]

Do you have to spend it each month or can it carry over?

If it's use or lose, I'd hire an organizer and get rid of all the junk on the house. Then I'd do various small (5K) level improvements over time. Full interior painting. Redo furnitire in many rooms. Exterior cleaning. Gardening. Fix some trim. Get wood floors polished. Patch hole in roof (but sadly a roof replacement would have to be saved for). I wonder if I could add a bathroom in our basement (like could I pay the 5 k over a few months to get that added?), then add in walls and a kitchenette and bedroom and make it rentable. Oh but I'd need ot add AC so that wouldn't be fun money.

I started to veer into aggregate at the end there - but doing cleaning and basic repair (painting, floors) would bring me a lot of joy, as would remodeling.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Handbags
Jewelry
A new car
Cosmetic procedures
Renovating my house

I could spend the first year's income in 20 minutes if you let me.

Unfortunately it’s just 5K to use or lose each month. Can’t aggregate for larger purchases, but something like a car lease (monthly payments) would work!

Is this real? How would you have an extra 5K a month that is use it or lose it? Are you lower down in the Trump administration and this is your expense account?

[Anonymous]

Can you please tell us why you are in this situation?!