cost of item vs hours worked for it

dktreesea

badger09 wrote: »

Having taken early retirement almost 10 years ago (10 years :eek::eek::eek:) I have no 'how many hours do I need to work for this' measure.

Instead, I now think 'if I don't buy this for myself/spend this £xxx now, and die soon - how will my son spend it?'

That is usually enough encouragement to go ahead and treat myself :rotfl::T

Yes, good on you. What is it about retired people in particular who insist on hoarding their money, and refuse to turn the heating on?! Or won't buy themselves a new book because hey, it's new instead of second hand (obviously; it only just came out) and in three years time it will be 1p (£2.81) on Amazon.


All you retirees, who are you hoarding the money for??? Please stop. Most of us want our parents to be warm, to go on nice holidays, eat all the foods they like, to enjoy their retirement, not sitting in a freezing house, only heating one room, because they don't want to "waste their children's inheritance".

Eco_Miser

dktreesea wrote: »

All you retirees, who are you hoarding the money for??? Please stop. Most of us want our parents to be warm, to go on nice holidays, eat all the foods they like, to enjoy their retirement, not sitting in a freezing house, only heating one room, because they don't want to "waste their children's inheritance".

I'm hoarding the money for myself. I have a reasonable expectation of being around for another 30years, 40 years would be pushing it, but possible.

This doesn't stop me keeping warm, eating what I like (other considerations do that ), or generally enjoying myself, but I'm not going to waste money on overpriced stuff I don't need.

Flobberchops

[Deleted User] wrote:

£15, wow, that's 5 pints of lager. :beer:

Or 3 London pints...

BananaRepublic

Flobberchops wrote: »

Or 3 London pints...

Or 7.5 pints from the brewery round the corner.

BananaRepublic

dktreesea wrote: »

I wouldn't like to pay for a new car. ( A company car would be nice though ) We drive around 30,000 miles a year. Even if it only dropped 20% (just over £30k to replace ours so £6k a year) in the first year,

Cripes, my new car cost £8,000. 60 mpg, £20 a year road tax.

mark1959

I buy a new car and keep it for 10-12 years. Always a £8-9000 one at today's prices and can live with the £800 PA depreciation.

Apodemus

joeblags wrote: »

does any body else think this way? I find now I save a lot more buy thinking , hang on, this item costs £ 15. that's one hours wage for 1 item I don't even really need. might not seem a massive deal over 1 item but when I apply it to everything I look at buying it saves me hundreds a year

I look at it in terms of the future income stream I might get if the cash was invested instead. A Starbucks coffee today versus an extra 10p income for life...quickly cures some of my more consumerist moments!

Grabs39

joeblags wrote: »

does any body else think this way?

I never used to. I'd always been paid a salary since I was 17 so £X just landed in my bank every month, I never really felt the connection between it and the 37.5 hours per week. (I was also very very reckless with money)

Since I started working extra jobs and lots of overtime I think like this all the time. Every hours wages I spend is an hour I didn't get to spend with my Fiancee/Dog/Friends.

kathrynha

I use it with my daughter when she is wanting lots of expensive things. "Your Dad would have to work X number of hours for yo to have that" means more to her and explains better than just saying no because it's too expensive.

maxie014

I can temember my mrs buying some bedroom furniture before xmas a few years back despite me wanting to wait for the sale,i worked all xmas on overtime,then it was £400 cheaper in the sale,i was seething for a while,that wasnt all my ot money but xmas days and a £100 of another shift,never again i tell ya!
As for cars me and the mrs can walk to work so no need for a flash car,decent second hand cars seem to just come my way,spent £18000 on cars in 30 years of motoring,best cost £600 mazda 626,ran it for six years and scrapped for £180,highly recommend mazda awesome engine on them.