Quote:
Originally Posted by Snave
I look at this expenditure as I do at all of my other savings goals: I am saving for my son's college - and one day I will spend that savings. I am saving for retirement - and one day I will spend that savings.
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There was a thread a few weeks ago where someone asked if money that you plan to spend still counts as savings. I replied that any money that you don't spend soon after getting it counts as savings, even if it gets spent later. I used the same reasoning as you. Our college savings will get spent. Our retirement savings will get spent. Our car savings will get spent. Our vacation savings will get spent. That's why we're saving it - so we can spend it when the time comes.