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Money and Finances
Reply to "How to transition to spending more money"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What if you just didn’t spend it? Would that be so bad? How much frivolous sht do you need? What a stupid brag thread.[/quote] The point is that we don’t want frivolous stuff and aren’t inclined to buy it. I don’t particularly want to be like Scrooge either with two lumps of coal in the fire. Looking for the middle ground after a lifetime of being strict. [/quote] This is still a dumb thread. Basically “we have a bunch of money from our investments! How can we spend it down more or buy more expensive stuff cuz we have too much!!!???” No. You should literally grow your money pile more. Isn’t that satisfactory enough? Why spend lavishly? [b]I get more satisfaction watching my VXUS or other smart investment decisions grow than I would buy a business class ticket that costs $1,500 more than a coach seat or a stupid Hermes bag.[/b] Take your money and buy a condo and rent that fcker out. Play around with options. Maybe try and grow the money more for the next generation. To be real, i feel like there are no threads started by men that are like this one. Men don’t ask this question of how can they waste their money. I feel like men don’t ask “how can I spend more on unnecessary material goods”. Sorry, I don’t know why this thread is so annoying, but it is. Invest the money. Grow it. Care about money. Stop trying to blow it. Did you even earn it or are you spending it for someone else like your spouse?[/quote] This is not a dumb thread at all. It's an important consideration for those of us who have doggedly worked and saved for years and now find ourselves with more money/income than we've ever experienced. What I have found since I loosened up and started spending more is that the beautiful home renovation, the personal chef, the elevated travel...all of these most certainly have brought more joy to my life than watching my portfolio statement grow does. I've always been interested in financial planning and keen to leverage the power of time and compound interest. I've always "paid myself first." I still do and I still am following my savings and investment strategy. I've just let go of the pressure I've always felt that the more money I make, the more I must set aside. I've now embraced living for today much more. And it's made a meaningful impact on my family's life. It's reasonable to ponder your options when you've always been strict with yourself with money in order to build a strong financial future. Once you've taken care of that, a shift in perspective can really open a whole new world of opportunities.[/quote]
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