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Reply to "Guac and queso if you make over $450k"
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[quote=Anonymous][quote=Anonymous]Seems like some of this boils down to scarcity mindset type thinking. People are talking about whether you can afford guac and at what income the savings of not paying for guac are meaningful. At my HHI, the savings for guac alone are not meaningful. Frankly, we've chosen fixed costs that would make it really hard for us to go into debt unless our income changed substantially. But I think there is still value in thinking about whether something is "worth it". That could be because of value-for-dollar. It could be because of value-for-time. It could even be because of value-for-enjoyment. We have the luxury of choosing sometimes to evaluate value on the the second two criteria. By the time I was in HS, my parents were well-off enough that most of the things I could want were affordable. But I was raised not to think about spending in terms of whether I can afford it, and that's how I live today. I don't spend money on things just because I can. I would say that I'm raising my kids this way, but in reality they are just observing that this is how we live.[/quote] Same. I “can” afford almost anything but I evaluate much of what I spend. Somethings- I don’t look at savings money at all, but that’s infrequent. [/quote]
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