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Sometimes it feels good to splurge!

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  • Sometimes it feels good to splurge!

    We're very conservative financially, and found that spending a bit more for comfort to be a nice reward for being on good behavior and getting to where we are now. For trips, we used to work very hard to find the best deal on airfare, car rental, hotels, and dining. This time around, we decided to spend more, and we din't regret it at all!

    I'll admit, it was hard at first, because it was mostly foreign. We rented a luxury car and enjoyed the comfort and space. We bought into a wonderful AirBNB house with family (pricey in CA). We enjoyed good eating.

    Not for everyone, and it's not going to be a habit for us. It was very nice doing this, especially since we have no debt and can pay off everything we charged within a month. We don't get to do things like this very often, traveling and meeting up with extended family, so it was frosting on the cake!

  • #2
    That's great! I've slowly learned over time the value of spending a little more to get a measurably improved comfort, enjoyment, quality, or experience from how I spend money. As long as you're being responsible otherwise with your money, you should absolutely enjoy an occasional splurge when it's for something you value. Travel is definitely high on my list, whenever I have the time to do so.

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    • #3
      As long as you have enough "vacation money"... spend as much you want on luxury.

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      • #4
        Yes, absolutely. Vacation is a great time to restore and recharge by treating yourself to things you don't get to experience everyday.
        History will judge the complicit.

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        • #5
          Originally posted by JoeP View Post
          We're very conservative financially, and found that spending a bit more for comfort to be a nice reward for being on good behavior and getting to where we are now. For trips, we used to work very hard to find the best deal on airfare, car rental, hotels, and dining. This time around, we decided to spend more, and we din't regret it at all!

          I'll admit, it was hard at first, because it was mostly foreign. We rented a luxury car and enjoyed the comfort and space. We bought into a wonderful AirBNB house with family (pricey in CA). We enjoyed good eating.

          Not for everyone, and it's not going to be a habit for us. It was very nice doing this, especially since we have no debt and can pay off everything we charged within a month. We don't get to do things like this very often, traveling and meeting up with extended family, so it was frosting on the cake!
          Sometimes going on vacation is the luxury! Whereas before you might not have gone because were you adding up all the costs and like $1k for a weekend??? but then you realize it's still okay to do something like that. I realized that a while ago. Yes I work hard for deals and it's not luxury but if not for the deals I might not even be going. Now I see it as we have more money than we have time. I still need a deal, but not as badly as before.
          LivingAlmostLarge Blog

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          • #6
            As long as it is in the splurge / burn / fun category, have at it. As long as your bills are paid and your financially able there are no problems with this that I can see. What would be a reasonable percentage of a budge to put into the "splurge" category? 25% feels way to high, while 1% is probably too low. Maybe somewhere in that 5 to 10% range?

            Then again it is also a matter of scale. If you earn $500,000 per year, you can potentially burn $200,000 annually so long as your smart with the rest.

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            • #7
              Originally posted by myrdale View Post
              As long as it is in the splurge / burn / fun category, have at it. As long as your bills are paid and your financially able there are no problems with this that I can see. What would be a reasonable percentage of a budge to put into the "splurge" category? 25% feels way to high, while 1% is probably too low. Maybe somewhere in that 5 to 10% range?

              Then again it is also a matter of scale. If you earn $500,000 per year, you can potentially burn $200,000 annually so long as your smart with the rest.
              There is a lot of truth it depends on what you make. When you make $500k there are an awful lot of taxes often that comes along with that.
              LivingAlmostLarge Blog

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