Anonymous wrote:

Anonymous wrote:honestly? not until after like 2.5 million

Our NW is technically around 2.5M but it's all in retirement accounts and home equity. We don't feel like we can splurge on things.

Anonymous wrote:honestly? not until after like 2.5 million

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Anonymous wrote:So many little things. The big one was when we started wanting to make sure we were enjoying our money vs just saving it. Dh went for his dream car and we paid cash easily. Just pulled it from checking. No big emergency could derail our lives. We need a 12k roof? Okay. New hvac? Sure- let’s get the energy efficient one, not necessarily the cheapest.

People who have a “dream car” are pathetic. Sorry.

Huh? How is a dream car any different than your ambitions? If that's what brings him joy, let him go for it. Please tell us what your 'non-pathetic' dreams are..

Crickets, of course.

Not anything as pathetic as a friggin' car. That's for sure.

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Anonymous wrote:I think for me it happened when we crossed above 5 mil in net worth. I remember eating a meal for 200 dollars for the four of us and not caring. That was a clear "before/after" event. I understand that there are many experience-focused people for whom a $50/person meal is perfectly normal even with far less net worth. This was just an example, I am sure everyone has their own examples.

Everyone is different OP. We are over 5mil and still don't feel like this PP.

We are way under that an feel like that, PP. Our net worth is about 1.5mil and I’d have no problem dropping $500 on dinner. But we don’t usually spend much and don’t have expensive tastes. Once I paid off my school loans I felt like I had plenty.

Maybe one explains the other.

Yes. The fact that they have 1.5M net worth explains they can afford a fancy dinner.

DH and I had a $1k dinner at a Michelin starred restaurant on our honeymoon, when our NW was like $200k 😀

We were in our mid-late 20s then. Now 10 years later our NW is 10x what it was but when we get takeout it’s $50 from Cava :-/

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think for me it happened when we crossed above 5 mil in net worth. I remember eating a meal for 200 dollars for the four of us and not caring. That was a clear "before/after" event. I understand that there are many experience-focused people for whom a $50/person meal is perfectly normal even with far less net worth. This was just an example, I am sure everyone has their own examples.

Everyone is different OP. We are over 5mil and still don't feel like this PP.

We are way under that an feel like that, PP. Our net worth is about 1.5mil and I’d have no problem dropping $500 on dinner. But we don’t usually spend much and don’t have expensive tastes. Once I paid off my school loans I felt like I had plenty.

Maybe one explains the other.

Yes. The fact that they have 1.5M net worth explains they can afford a fancy dinner.

DH and I had a $1k dinner at a Michelin starred restaurant on our honeymoon, when our NW was like $200k 😀

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think for me it happened when we crossed above 5 mil in net worth. I remember eating a meal for 200 dollars for the four of us and not caring. That was a clear "before/after" event. I understand that there are many experience-focused people for whom a $50/person meal is perfectly normal even with far less net worth. This was just an example, I am sure everyone has their own examples.

Everyone is different OP. We are over 5mil and still don't feel like this PP.

We are way under that an feel like that, PP. Our net worth is about 1.5mil and I’d have no problem dropping $500 on dinner. But we don’t usually spend much and don’t have expensive tastes. Once I paid off my school loans I felt like I had plenty.

Maybe one explains the other.

Yes. The fact that they have 1.5M net worth explains they can afford a fancy dinner.

Anonymous wrote:I am older and have a high net worth through a combination of 401K, real estate investments, and a relatively small taxable account.

I have always lived well below my means, even at a low income level, and have always had enough money saved to take care of emergencies without panic. I don't shop higher than Safeway and have never stopped looking at price per unit in the grocery store. We drive used cars and very seldom eat out or travel.

Things have changed, however, as I am now supporting an adult child in another state who has developed significant health problems, with a fair amount of medications etc. not covered by insurance. I feel stressed every month when the credit card bill is due; after paying in full, there is so little left and my once healthy emergency fund has dwindled into a mere ghost of its former self.

I am old enough to withdraw from my 401K without penalty, so that has become my emergency fund. I have a colleague in the same position due to adult child medical problems. The first and, thank goodness so far only, time I had to withdraw I consulted with him on how he handled the tax aspect.

Anonymous wrote:I grew up buying clothing at a thrift store that sold it by the weight and was not able to go on school field trips if I didn’t earn the money first. Making six figures for the first time and being able to just put whatever groceries I wanted into my shopping cart without having to re-total to make sure I had enough money is an indescribable feeling.

Anonymous wrote:When my retirement savings hit 1 million. As a single woman who came from a blue collar family and has totally supported myself, that made me proud.

Anonymous wrote:Once we had 5 million