 |
|
10-22-2017, 05:31 PM
|
#21
|
|
Moderator
Join Date: Jul 2017
Posts: 5,776
|
3. Seeing money pile up is more fun than whatever fun I could have with it, aka SMGDS, aka Scrooge McDuck Gold Diving Syndrome.
There is something wrong with that? 
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
10-22-2017, 05:44 PM
|
#22
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2005
Location: Midwest
Posts: 2,972
|
 Quote:
Originally Posted by SecondCor521
Excessive safety over having some fun.
Right now my net spending is less than 1% of my FIRE stash.
I ask myself what am I saving it for, and currently the answers seem to be:
1. Protection against the next pullback - coming soon to a theatre near you - pushing my spending rate over 4%.
2. Having more money in case my kids' college ends up costing more than I have saved.
3. Seeing money pile up is more fun than whatever fun I could have with it, aka SMGDS, aka Scrooge McDuck Gold Diving Syndrome.
|
That's me too. I am budgeted for far more than I've actually been spending.
Two years ago was going to blow some bread on a thousand dollar guitar. Maybe even $1200. I ended bargaining myself down to a $600.00 model which I then purchased for $400.00 because it was on sale. Then Two months later I do my taxes and get $1000 refund! Now I'm stuck with the money
Four years ago I was going to get rid of my 20 yrs old Dodge Shadow and get a slightly used Cadillac or maybe a Lincoln Town Car. So, now I'm driving a top of the line with (almost) all the options Ford Focus. The front end arrives at destinations only fractions of a second later than a Cadillac would.
|
|
|
|
|
10-22-2017, 05:45 PM
|
#23
|
|
Moderator
Join Date: Jul 2017
Posts: 5,776
|
Quote:
Originally Posted by Senator
Ice cream and strippers.
I hate paying estimated taxes, but I plug my nose and do it.
|
I'm with you on the ice cream and the estimated taxes. Federal tax, state tax, sales tax, property tax, ALTERNATIVE MINIMUM TAX. Sometimes I feel like more money is going out in taxes than is coming in. 
The lovely ladies however will have to supplement their income without my support. I'm sure they'll do fine - but I must wonder - do they pay their estimated taxes? 
|
|
|
|
|
10-22-2017, 05:47 PM
|
#24
|
|
Full time employment: Posting here.
Join Date: Mar 2017
Posts: 629
|
Competitive shooting.
|
|
|
|
10-22-2017, 05:51 PM
|
#25
|
|
Full time employment: Posting here.
Join Date: May 2014
Location: Lakewood
Posts: 920
|
DW and property. I’d very likely have twice the net worth if I’d stayed in apartments the last 10 years rather than buying a house at the market zenith. I’d likely have four times my wealth had I stayed single. Although I might’ve also been so miserable and lonely I would’ve ended it. So no regrets.
__________________
Why be normal when you can be yourself?
|
|
|
|
|
10-22-2017, 06:25 PM
|
#26
|
|
Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
|
Grand kids !
|
|
|
|
|
10-22-2017, 06:34 PM
|
#27
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2014
Posts: 7,373
|
Definitely travel but I figure as long as I keep all the bills paid and the WD rate under 3% I can do whatever I want with the money.
|
|
|
|
|
10-22-2017, 07:26 PM
|
#28
|
|
Thinks s/he gets paid by the post
Join Date: Jun 2013
Location: Bonita (San Diego)
Posts: 1,795
|
I like cars, but have controlled that as I’m still driving an 07. Though if my wife keeps being open to the Tesla idea...
__________________
"So we beat to our own drummer in the sun;
We ask for nobody's permission to run.
I just wanna live in a world like that;
Now I'm gonna live in a world like that!" - World Like That, O.A.R.
|
|
|
|
|
10-22-2017, 07:31 PM
|
#29
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2016
Posts: 8,968
|
Wine, women and song.
The rest I'll just waste.
|
|
|
|
|
10-22-2017, 08:03 PM
|
#30
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2006
Location: west coast, hi there!
Posts: 8,809
|
Mine is probably DS. Gave him $2k last year to fund a Roth IRA. During a visit he shows off his new tattoo which will be $1500 when it is complete. He did set up that Roth though. Still I am learning about unintended consequences. Money is a fungible item.
Grand dog ... cute phrase.
|
|
|
|
|
10-22-2017, 08:11 PM
|
#31
|
|
gone traveling
Join Date: Apr 2011
Posts: 3,375
|
Quote:
Originally Posted by bclover
Louie Vuitton bags.
|
Paper or plastic?
|
|
|
|
|
10-22-2017, 08:12 PM
|
#32
|
|
Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Williston, FL
Posts: 3,925
|
I also allow blizzards, frosty's, cement mixers, shakes, malts, and custard (Culvers) to be considered ice cream.
I am guessing that very little gets claimed on the dancers tips.
__________________
FIRE no later than 7/5/2016 at 56 (done), securing '16 401K match (done), getting '15 401K match (done), LTI Bonus (done), Perf bonus (done), maxing out 401K (done), picking up 1,000 hours to get another year of pension (done), July 1st benefits (vacation day, healthcare) (done), July 4th holiday. 0 days left. (done) OFFICIALLY RETIRED 7/5/2016!!
|
|
|
|
|
10-23-2017, 06:41 AM
|
#33
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Location: Pacific latitude 20/49
Posts: 7,677
|
Shoes! Since I have had plantar fasciitis and a broken foot, I spend way too much on foot comfort.
__________________
For the fun of it...Keith
|
|
|
|
|
10-23-2017, 07:02 AM
|
#34
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2013
Location: Limerick
Posts: 5,655
|
Real estate. I told myself I wanted to get out of the rental business. This past week we bought a New Jersey beach house which is the most expensive property we’ve ever purchased. Rental income of $4000/week plus being able to use it ourselves for this newly remodeled home was just too tempting. Plus we need to contact an architect to plan an addition for a master bath and other modifications they didn’t include in the remodel.
|
|
|
|
|
10-23-2017, 08:11 AM
|
#35
|
|
Recycles dryer sheets
Join Date: Aug 2013
Posts: 400
|
Travel
|
|
|
|
|
10-23-2017, 08:27 AM
|
#36
|
|
Full time employment: Posting here.
Join Date: Dec 2015
Posts: 617
|
Gadgets. Just ordered brushes that you can attach to your hand-held drill for scrubbing the shower.
|
|
|
|
|
10-23-2017, 08:28 AM
|
#37
|
|
gone traveling
Join Date: Nov 2011
Location: The Deep South Bay
Posts: 744
|
I’ve become a passive income junkie, can’t get enough money that I don’t work for
|
|
|
|
|
10-23-2017, 08:41 AM
|
#38
|
|
Thinks s/he gets paid by the post
Join Date: Jul 2013
Posts: 1,884
|
Seems like the responses are a mixed bag of 2 (IMO) categories: things you can control, and things you can't control.
I'm not worried about spending I can control. My achilles heals are health insurance and possibly having to support an aging parent.
|
|
|
|
|
10-23-2017, 09:42 AM
|
#39
|
|
Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Syracuse
Posts: 3,502
|
Fear.
Greed.
DD2.
Pets.
__________________
“No, not rich. I am a poor man with money, which is not the same thing"
|
|
|
|
|
10-23-2017, 09:42 AM
|
#40
|
|
Moderator
Join Date: Nov 2015
Posts: 13,927
|
Really really nice hotels. I will book a shorter trip to stay 5 star.
And cats.
|
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
Linear Mode
