Wife and I have lived a fairly frugal life. Have always saved maximum for retirement. Well, we are there and now with pension, SS, dividends, company stock, and multiple IRAs and 401k’s. I am overwhelmed with the nest egg and how to spend it. I feel stuck in this frugality mindset and can’t seem to spend more. I know it is a silly problem but for me it is real. Anyone else have this issue or ideas?
Spend your money "efficiently"....which helps your frugel mindset. Examples:
1. Buy prime cut steak and lobsters at Costco.
2. Fly economy but upgrade to special economy with more legroom near the exits.
3. Lease or rent an expensive sports car.
4. Stay at an Airbnb million dollar house for a week near a beach.
5. Hire a maid for a few days a week to clean your house and cook some meals for you.
6. Buy a small RV trailer and travel all over the USA.
7. There are some low cost hobbies...hiking, exploring, fishing, hunting, bird watching, dancing, learning a new language, become an unpaid volunteer or tutor.
8. Remodel your kitchen, your bathroom, your back yard. Buying new indoor or outdoor furniture and new carpets can make a difference without buying a new house.
9. Get rid of your clutter by building a shed or renting a space.
10. Find new friends and buy them dinner.
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