Reply to Guac and queso if you make over $450k

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What if you are someone who gets what you want but truly wants very little. A non-mindful spender who spends way less than most mindful ones?[/quote]

I agree with you.  I have a child who loves math, so once a week I take him to meet 1:1 with a math tutor and do problems together.  I buy them both a soda.  It costs me about $70.  He doesn’t need it, and it’s expensive, but it’s the highlight of his week.  He doesn’t care much about his clothes or shoes and would never in a million years want $1500 concert tickets.  Overall, even though we spend money fairly liberally on non-necessities, he’s a pretty cheap kid.

I also take my daughter to a therapist that doesn’t accept our (or any) insurance.  My daughter likes her, and I think she’s good.  If I did a bunch of hunting, I could probably find someone good who is cheaper, but I’m happy with the current situation.  And once again, Dd doesn’t have expensive taste.  She plays sports at the school and is in the church choir, doesn’t play travel anything, doesn’t want Lululemon, etc.  Overall, she’s not an expensive kiddo even though she has a couple of “unnecessary” expenses.

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I would argue this is mindful spending.  You thought about it and decided it was worth it.[/quote]

Everyone thinks it’s “worth it” when they spend.  
[/quote]

If you aren’t mindful, you don’t evaluate anything. I need gas, so I will get it at the next station. Don’t forget to take a water bottle from home isn’t a thought. Grabs what they want from the grocery store without thinking “wow, this a $x for a single piece of fruit, I will get this fruit instead.”

My sister in law/former spouse was like this. Almost a million HHI, but had debt. Paid off their house and then got a HELOC. Her husband got stock options every year in December. Their “plan” was to spend freely - without thought to how much or how much more they could have in savings and every Dec when he got his options, he’d exercise them, sell the stock immediately and use the $70k profit to pay off their cc debt.

It was beyond comprehension how they could blow through his income and still have debt but if you watched her on a vacation or just our for a few hours, you understood that almost no consideration was given to weighing the value of something.

In your statement, it isn’t just “I want it” for mindfulness spenders, but “I want it” at this price…and other considerations are weighed. I love mangoes…but I am not getting one for $2.75. My consideration is more than if I want it. Happy to grab an alternative and wait.[/quote]

This only makes sense if you are using a $3 mango as a metaphor for a $3,000/night hotel room.  
No one is blowing through a million dollars $3 at a time.  [/quote]

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