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How to let go of the purse strings

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Comments

  • silverwhistle
    silverwhistle Posts: 4,192 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    Vitor has come up with some good ideas there but I think it's important to pick and choose based on your own priorities. I've not flown in a plane since 2015 for example (it was cheaper than rail!). Slightly embarassed to say I'm up in a helicopter again tomorrow as that's my BFF's addiction but I do give her a generous contribution every time.

    Receiving a FS pension at 50 based on service to 45 was odd. Not enough to live on but a good foundation and I managed to leave work that bored me to tears as all the interesting stuff had been outsourced. Subsequent employment was about a third of what I earnt before, but adjusting to income was easy enough (mortgage paid etc.). When I received the state pension I started saving again!

    Follow your fancies. For various reasons I fancied an EV, so instead of my usual 4 year old models I splashed out on a new one, but at a very good price. [I did my research, still an MSEr..] Drove the test drive with a grin and a bigger one when I drove out of the dealer! Off to Italy in it with my pilot in a couple of months to indulge in some serious wine tasting, white water rafting, ziplines etc..

    I do understand the OP though, and last year I inherited a bit, and feel a bit guilty. I could get a bigger, longer range EV but that would really be pushing my MSE credentials and have no need for one as my current model does what I want it to.

  • Shimrod
    Shimrod Posts: 1,216 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    When it comes to retirement, for many of us MSE should stand for money spending expert instead. It's how best to get value for money, but remembering that we accumulated to spend in later life. I took often find myself dithering over relatively small expenditures that we can easily afford - it's a habit that has been ingrained over the past decades of saving.

  • missile
    missile Posts: 11,896 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    Easy once you realise money cannot buy happiness

    "A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
    Ride hard or stay home :iloveyou:
  • MarzipanCrumble
    MarzipanCrumble Posts: 398 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 12 May at 1:38PM

    "

    Easy once you realise money cannot buy happiness

    But it can ease the way to happiness by eliminating worry and stress and giving (always) a choice.

  • missile
    missile Posts: 11,896 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 12 May at 9:06PM
    "A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
    Ride hard or stay home :iloveyou:
  • Albermarle
    Albermarle Posts: 31,600 Forumite
    10,000 Posts Seventh Anniversary Name Dropper

    It can buy a nice restaurant table at Royal Ascot.

    The 'Vista' restaurant starts from £3,720 per person on Thursday & Friday.

    Personally I would choke on the food at that price 😄

  • Vitor
    Vitor Posts: 1,434 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    edited 14 May at 2:51PM

    That's meant for corporate shmoozing, the options at around £500 are more suited to punters. I've found VIP packages at racecourses such as York and Ayr make for a pleasant day out; good view under cover, nice meal, easy acess bar and a dedicated Tote.

  • Albermarle
    Albermarle Posts: 31,600 Forumite
    10,000 Posts Seventh Anniversary Name Dropper

    I am sure there is a lot of corporate shmoozing going, but there are also some very wealthy people in the world/London/ around the Ascot area.

    I booked an 'inside seat' at the Races once, but spent 90% of the time outside because it is a sport I follow, and I prefer being close to the action/horses. Plus its a lot cheaper to watch in the Grandstand than the VIP lounge ( no purse strings being let go here 😄)

  • annielyn
    annielyn Posts: 34 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker

    Guess its Horses for Courses! (Sorry , couldn't resist)

    It is interesting to see what people are happy and willing to spend their money on though.

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