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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I spend my money where is counts.  Like one of the PPs said - there is no substitute for good quality high-thread count sheets.  You won’t catch me with a Gucci handbag, ever.  I do value experiences where I bond with people.  Our family skis a lot, so we invested in good quality lessons when our kids were 3 and bought a ski home; we get about 15 days on the mountain a year.  We travel to visit family overseas and spend money when we are with them.  That said experiences like a Pink or Taylor Swift concert, although I like their music, will not increase the quality of my life one iota, so I will never buy a ticket.  I buy my kids clothing that will allow them to fit in, but never be at the height of fashion (hard no to Golden Goose shoes!).  With this - I actually bought 2 ski homes - one for each kid, held in trust.  [b]This ensures my grandkids will also have this experience[/b].  When I retire, I’ll buy something small for myself in the area.  So, my priorities are BONDING experiences, then generational wealth.  Things are just for comfort along the way, like a good night’s sleep, healthy delicious food, comfortable warm clothing, etc. - nothing fancy or showy.[/quote]

I completely agree with you about the bonding experiences .  But the "ensures" here seems a stretch--skiing may no longer be a thing with climate change, your kids may not have kids, their spouse may hate skiing, they may not have vacation time that they want to spend that way etc.  Not to be nitpicky, but some of the generational wealth thinking seems to want to control and institute one's values down the line--and sometimes it works out and sometimes it doesn't.
 
[/quote]

That was an odd one, buying two ski houses.   I know too many people who got bored with skiing and moved on to something else.  [/quote]

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