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[quote=Anonymous]1. Cars - my first two cars I drove for 10+ years until they were undrivable because I couldn't really afford anything better. Now it's a habit and I can't imagine swapping out cars every few years even though technically I could pay cash to do so. Instead I'd rather invest the money and let the investment grow so I can retire earlier. My current car is 14 yrs old and has 85,000 miles...and it's never had any engine issues.

2. Expensive jewelry - my engagement ring was passed to my husband by family and it's much more meaningful than a purchased ring. Other than my engagement and wedding ring, I don't care about jewelry.

3. Designer or expensive clothing - we buy limited amounts of mid-range clothing, aiming for good quality and lasting a long time. I also really enjoy searching for bargains on resale sites and in consignment stores.

What do we spend money on? We are Gen X and owned homes that appreciated by large amounts. We live in a large home (4,000 sq ft) in an excellent school district and are close to paying off the mortgage. We have enough in savings that we can fully pay for our kids college (and related - I don't see the point in full pay for private universities for undergrad. It's either a state school or a significant scholarship to attend anything else. I'll pay more for grad school but only relative to what the ROI is). I'm also starting some brokerage and Roth IRA accounts for my kids to get them interested in saving and investing. My dad did this for me -- the $4k he put in an IRA for me at 18 is now worth $150,000. Because of him I've maxed out my retirement savings for the last 20 yrs. [/quote]

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