Obsessed

forextc

The glass is half full or half empty.

I know plenty of people who spend everything today and forsake tomorrow as well as those who have saved all their lives and now have no reason to spend.

Life is a funny thing as you never know what is around the next corner.

Save and invest for your future but don't postpone your happiness as it may never come.

thenewcomer

i am half a spender and half a saver. i reward myself occasionally.

Emily_Joy

geeovana wrote: »

How do you breakdown what is worth spending money on and what isn't?

There are necessities: for instance, I can't afford my laptop to stop working while I am on business abroad, so the laptop must be reliable. I also have back problems and find it difficult to do anything when in pain, so I happily paid for a proper mattress. For everything extra, I take the ratio between the price and the number of days I am likely to enjoy it. A pasta machine used once a year doesn't worth £60.

grey_gym_sock

fiisch wrote: »

You can sleep in a car, but you can't race a bed....

au contraire ... https://www.bedrace.co.uk/

you can do a "bed & ISA", but you can't do a "car & ISA" .............

look at the cost in £ per hour that you will use it.

by that measure, a new bed is going to come out cheaper than just about any expenditure you can think of. that is assuming that the new bed has a better mattress, so you'll notice the difference while you're asleep. (but if there were no noticeable difference in the quality of the mattress, then you couldn't count the time you're asleep, so the calculation wouldn't be so favourable.)

a car is less obviously worthwhile. how would a 'new' car do the job better, for the way you're actually using it? this is definitely an area of expenditure where some people waste a lot of money. however, i take it you would be paying in a cash for a 'new' car, which means you are avoiding the worst common car mistake.

mr money mustache has some good rants about how not to waste money on cars - e.g. http://www.mrmoneymustache.com/2011/05/02/car-strategies-to-cut-your-costs-in-four-or-more/ ... see if you can justify a 'new' car under his 'rules'.

System

Oh dear your wofe must be fuming! Youve got all that cash in the bank amd wont buy a bed. But if she biys ome you'll happily sleep in it amd reap the rewards?

Ive got a few relatives that have got grands in the bank and live like theyre in poverty because theyre too stingy to spend it. Its a bloomimg miserable horrible way to be and you wont enjoy life being that way! As others have said youre a long time dead. And dont be surprised if the wife leaves you one day becuase you are so tight fisted you arent

spending any on myself or my partner / family as 'enjoyment' as I see it almost as a waste

Sea_Shell

As a life-long saver, I know that it's hard to turn into a spender, especially once you start to live off your hard earned savings. Seeing balances fall can be a bit....:eek::eek::eek:

But sometimes we have to just open our wallets and buy the things we need (and sometimes want). For me a new mattress would be a definite BUY, as good sleep is worth its weight in gold, but maybe not if its just a fancy new bed frame/base... a new(er) car...hmm maybe depends on how reliable your current run-around is.

joeblags

I have the same problem.. from been in debt on a crap wage to a 80% yearly increase in money allowed me to pay my debts then start saving... got to 5k and remember thinking how quick I saved 5k which was suppose to be for a new car, then got to 10k and thought wow I could save enough to even buy a house here. right now I have quite a lot of money and also want a new car but just cant allow my self to buy one. I keep looking at them and thinking why not but end up backing down.


right now im thinking why spend all my life paying a mortgage on an expensive house? I live in a rented house from some private company and could buy this from them cash and get a 3x3m extension to meet our size needs. some old fella at work spent his life paying a mortgage to only get so annoyed he sold his house for £265k and bought some caravan for 30k on a site and now lives there for 50 weeks of the year with next to no costs...

Wassa123

I'm the same, I rarely buy myself anything and am quite happy with my hobbies. I'm saving/investing £1k a month and just plodding along.

I feel like I should get a new car. It's 11 years old, full of dings and scratches. But it works fine and I don't really have a need. Maybe when we have kids I may consider changing, but otherwise it does the job.

ManofLeisure_2

geeovana wrote: »

I now find myself only wanting to save money and not spending any on myself or my partner / family as 'enjoyment' as I see it almost as a waste when I could be investing it.

Why not create an account which you use solely for 'enjoyment'. It doesn't have to include large sums of money and maybe it would encourage you to splash out a little . No need to feel guilty - enjoy yourself.