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Reply to "How to transition to spending more money"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We have a hard time spending too. I’m trying to ease up on certain things - like upgrading a hotel room or even getting two rooms that fit two adults/two teens better. Breaking lifetime habits is not easy. DH tells me to chill out and that we have enough money not to sweat it and then turns around and replaces the flooring in the basement along with doing the drywall by himself to save money. We’re not rich. I don’t know how to calculate net worth. Maybe 4 million? But that’s not what we work off of day to day. [/quote]you are rich [/quote] They are well off, but if that $4M includes paying for college, you can subtract $300-400K for just instate for each kid. If one or both wants/needs graduate programs/professional school, add in a bit more. So for those of us who value education, if I have a kid who wants to be a doctor/lawyer/etc, I'm figuring $400-500K per kid for undergrad and professional school ($50K/year for undergrad is reasonable now). So yeah if you can refloor and drywall yourself and you enjoy it (don't hate it), why wouldnt' you do it right and save $10-15K easily. [/quote]
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