Do you ever feel really guilty about spending?

[ericmedem]

Originally Posted by disneysteve

That can be a very dangerous theory. What you can not replace, no matter how hard you may try, is the benefit of compounding growth over time. Spending money, whether for stuff or for experiences (and I, too, am partial to experience spending), when you should probably be investing for your future, can never truly be replaced. While there may be retirees who regret not doing something, I'm sure there are lots of retirees who regret not saving more money.

There may also be some retirees that regret not adding more value to themselves and making more. Making money is far from rocket science.

[LuxLiving]

I used to when I knew I had my head in the sand over our debts. Now that the majority of our debts are paid and retirement savings are getting on track then no, not so much. We do the frugal things that we do so that we can have some of the fun extras, otherwise with our income (which by the way The Hubster is totally content with) it would be foolish to not count the cost before spending unnecessarily.

We've worked hard to be sure the essentials and unexpecteds are planned, saved for and covered, and with the remaining we choose carefully what we'd like to indulge our selves with.

In regards to the retirement issue, I doubt you would find many who'd say, "Oh I wish we had saved LESS money!"

[Ima saver]

I guess I am one of the oldest on here and I would never say, I wish we had saved less money! We have no 401 or pension plan to fall back on. we have to live on our savings and a little bit of social security.

[pjmama]

At times I guess I feel guilty after meaningless spending, but not so much now that I've started really thinking about my purchases. There are times that I break the budget on things like clothes and eating out at restaurants, but it really depends on the circumstances and how much is being spent. Sometimes you gotta treat yourself. As long as you're not going over the top, I think indulgences every so often are necessary.