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  • October 15, 2015 at 4:00 PM #790242
    scaredyclassic
    Participant

    [quote=flyer]I can understand your concerns, scaredy, and have had this discussion with some friends who want to buy some big ticket items (planes, boats, etc.)

    My take on spending is–if a person knows they have what they need to comfortably support themselves and their families for the balance of their
    lives–spend away. If not, monitoring (especially optional) expenditures might be the smart thing to do.[/quote]

    Have enough to support me and my family for the balance of our lives? Gonna be a while…

    October 15, 2015 at 4:24 PM #790243
    flyer
    Participant

    Understand that, but I think keeping that thought in the back of your mind is a good way of determining whether or not an optional spending decision makes sense along the way.

    October 15, 2015 at 4:33 PM #790246
    scaredyclassic
    Participant

    Not sure savings will help at my level. Will eventually go to a nursing home?

    October 15, 2015 at 7:54 PM #790252
    NotCranky
    Participant

    I still have to watch money to be sure not to go broke, I don’t mean super stingy or anything like that but modesty is a requirement. Sometimes I feel like that is a very healthy place to be. I am kind of anti-comfort anyway. My son and I joke that I want to be a homeless guy- he is my homeless advisor. We are having a lot of fun with that. “Should I live under this bridge or that overpass, son? Maybe I’d rather cut a tunnel in that brush and live in there. I’d have to have my Y membership though. I don’t mind getting dirty, but I don’t like staying that way, I think I could thrive homeless into my 80″s or longer. It seems healthy in a lot of ways. The murder rate for transients is just too high and cops like to push them around. That side of it is really discouraging.

    October 15, 2015 at 8:03 PM #790253
    moneymaker
    Participant

    Don’t have a problem with not spending money, just don’t like to pay other people more than I make per hour, maybe it’s an ego thing or just think too many places charge too much. A watch is just a time piece and since mine is always right I’m perfectly content with it, even though I have many others laying around. Maybe a new watch is like a virgin, overly rated. Most people have too many things!

    October 15, 2015 at 8:27 PM #790254
    scaredyclassic
    Participant

    true but i only want one watch to rule them all … i would be loyal to it, i would have no tothers before it. when you put it on, it gives you superwpowers.

    October 15, 2015 at 8:33 PM #790255
    scaredyclassic
    Participant

    [quote=Blogstar]I still have to watch money to be sure not to go broke, I don’t mean super stingy or anything like that but modesty is a requirement. Sometimes I feel like that is a very healthy place to be. I am kind of anti-comfort anyway. My son and I joke that I want to be a homeless guy- he is my homeless advisor. We are having a lot of fun with that. “Should I live under this bridge or that overpass, son? Maybe I’d rather cut a tunnel in that brush and live in there. I’d have to have my Y membership though. I don’t mind getting dirty, but I don’t like staying that way, I think I could thrive homeless into my 80″s or longer. It seems healthy in a lot of ways. The murder rate for transients is just too high and cops like to push them around. That side of it is really discouraging.[/quote]

    i wouldnt mind being a hobo. less worrying i think. i once read about a vietnamese guy, very old, I think 70s or 80s, still working as a rickshaw rdriver in vietnam. his family was ashamed, they wanted him indoors where they could care for him, but he insisted on doing the rickshaw thing, which made them feel humiliated, like they couldnt take care of him. seemed like a guy who lived on very little money.

    i have so much and im worrying like crazy about the future. this guy earns his ofood every day day by day pulling a rickshaw and at least in the interview he sounded super happy.

    wasnt worryig about the image he projects with this watch or that

    October 15, 2015 at 9:45 PM #790257
    svelte
    Participant

    I’ve seen too many folks die or become handicapped at an early age, robbing them of their chance to enjoy their money.

    I don’t think it is good for kids to inherit an insane amount of money.

    So we set aside a good chunk of our income each month for old age, pay our bills, and whatever’s left we spend.

    Have fun with it, you’ve earned it. And as you said, if the worst happens all that’ll mean is you’re broke again.

    I was just as happy when I was broke as I am now. The Beatles were right.

    October 15, 2015 at 10:01 PM #790259
    Reality
    Participant

    Nobody needs a watch these days. I haven’t worn one in many years. Your phone is also a watch. Duh!

    October 15, 2015 at 10:03 PM #790260
    scaredyclassic
    Participant

    but i cannot have funw ith money. that’s the issue. it triggers enormous feelngs of guilt, thinking about spending it on jewelery or frivolities…

    although the thai food we bought tonight triggered no guilt.

    October 15, 2015 at 10:05 PM #790261
    scaredyclassic
    Participant

    [quote=Reality]Nobody needs a watch these days. I haven’t worn one in many years. Your phone is also a watch. Duh![/quote]

    it’s a misdemeanor to bring a cell phone into a jail while visiting. there are no clocks in there. also, i think lawyers look more serious if they weara fancy watch.

    October 15, 2015 at 10:07 PM #790262
    scaredyclassic
    Participant

    to compound things, I have another competing urge to buy a vintage 1960s watch that is not only very expensive, but will require lots of money in maintenance and upkeep.

    October 15, 2015 at 10:10 PM #790263
    paramount
    Participant

    [quote=scaredyclassic]true but i only want one watch to rule them all … i would be loyal to it, i would have no tothers before it. when you put it on, it gives you superwpowers.[/quote]

    Are we talking a Man on the Moon?

    A watch of that caliber will hold it’s value pretty well.

    October 15, 2015 at 10:12 PM #790264
    Reality
    Participant

    [quote=paramount][quote=scaredyclassic]true but i only want one watch to rule them all … i would be loyal to it, i would have no tothers before it. when you put it on, it gives you superwpowers.[/quote]

    Are we talking a Man on the Moon?

    A watch of that caliber will hold it’s value pretty well.[/quote]

    its

    October 15, 2015 at 10:47 PM #790266
    scaredyclassic
    Participant

    [quote=Reality][quote=paramount][quote=scaredyclassic]true but i only want one watch to rule them all … i would be loyal to it, i would have no tothers before it. when you put it on, it gives you superwpowers.[/quote]

    Are we talking a Man on the Moon?

    A watch of that caliber will hold it’s value pretty well.[/quote]

    its[/quote]

    no. just a regular omega seamaster in 14k gold, but in perfect condition. i doubt very much it would go down in value, but it could require hundreds of dollars of work while i use it. say it costs about 1500, maybe 2000. i wear it for 10 years, it tracks inflation, it’s worth another 500 plus. I spend 500 to maintain it. basically i got to use and enjoy a 2000 watch for a decade for free. how can i not do that? seems foolish to not buy one…

    on the other hand, there are many things that could go wrong with it. decay. failure. loss. 2 grand is a lot to have on your wrist.

    on the other hand, women buy 1000$ purses all the time that depreciate rapidly. why cant men accessorize and not feel dumb for spending money on something absolutely unnecessary.

    at the end of the day, it feels like only a moron would spend a lot of money on something that wasnt necessary.

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