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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Nope. We have a nice lifestyle, but who knows when the money train will stop. Because of that, we save a decent amount. No $100k cars for us. Make hay while the sun still shines. [/quote]

What percentage of your HHI do you save (that you consider a decent amount as "savers")?[/quote]

Usually about 30%. Sometimes more if a bonus is big. [/quote]

Gross or net?[/quote]

I save between 30 and 40% off of the net.  We could save a lot more but from my perspective I am OK with it because

1.  I have a detailed sheet with all of my accounts - contributions to date and earnings expectations that are conservative.

2.  We have one kid (3.5) and next year I will have his 529 fully funded (at least as fully funded as I think it needs to be)

3.  My wife and kid have insurance policies that will cover things if I am not around.

4.  I always try to keep the plan and goal in mind.  Currently 43, would love the option of being done at 55, no way I am working past 59 and I know what my 'number' will be every step of the way.

5.  I justify in my mind that we both work very hard and it can't always be about 15 years from now.  I don't want to wake up at 59 with a bunch of money but a lot of lost years when we could have had some fun.

6.  I always run the numbers as to what I 'could' be saving and update that in my sheet just to see the impact.  Normally I come to the conclusion that the extra dollars I save aren't moving the needle later.

Long story short, from my perspective - enjoy the new car, OP and do it without guilt.  Just understand what it is costing you in the short and long run and make an educated decision.

[/quote]

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