yeah, that's an important one for sure.Mattress
I kinda read the OP's question as "what things do you happily spend..." as in what do you personally find spending the max of your budget a worthwhile expenditure. For example - Lets say I need a new mattress and I have budgeted a max of $3000 for it. Do I get the mattress that I find is a fine mattress, and is only $1800, or do I get the mattress that I really, really liked and is $3000 ??Not sure I ever have. The maximum on many things can be downright ridiculous and unnecessary.
Certainly, but my point is the price range can be mindboggling. You need a car to get to work. Do you spend $18,000 for a new Mitsubishi, or $495,000 for a Rolls Royce. Me, I probably spend about $30,000 for a Camry..I guess what I mean is 'downright ridiculous and unnecessary' is in the eye of the beholder, or in this case the spender.
I spend $15,000 on a pre owned.Certainly, but my point is the price range can be mindboggling. You need a car to get to work. Do you spend $18,000 for a new Mitsubishi, or $495,000 for a Rolls Royce. Me, I probably spend about $30,000 for a Camry..
Fortunately things appear to be turning around but the past 3 years very hard to find a safe car for $15,000. As my mechanic put it at the peak of used car prices, a used car that would pass smog check was worth $7,500 even if it was unsafe.I spend $15,000 on a pre owned.
My big expense is my hair, it costs about $500 for a highlight and color after tips. It’s good for about 4 months (pushing it), but I love my colorist and all of the stylists.
Certainly, but my point is the price range can be mindboggling. You need a car to get to work. Do you spend $18,000 for a new Mitsubishi, or $495,000 for a Rolls Royce. Me, I probably spend about $30,000 for a Camry..
Budget, or how much of your income or credit you choose to use for that item? Someone could decide they would rather have the Rolls Royce and take out a loan for that instead of for a mortgage and cut corners on where they live.Well sure - but if you had a maximum budget of $30 or 40K you'd be shopping for a Camry, not a Rolls Royce.
Of course, the difference in price on many items can be wide ranging. My point is that it is dependent on a persons budget what they will happily spend on. Mindboggling or Ridiculous it is if it's NOT in your budget. But if it IS in your budget, then you may look at it differently.
But I think that's exactly the OP's point...because everyone's max budget on anything and everything is different.Certainly, but my point is the price range can be mindboggling. You need a car to get to work. Do you spend $18,000 for a new Mitsubishi, or $495,000 for a Rolls Royce. Me, I probably spend about $30,000 for a Camry..
The words income or credit aren't in the question, it's asking, "your max budget", plain and simple. So yes if someone wants to take out a loan for a fancy ride and live in a tiny home somewhere, that's their max budget.Budget, or how much of your income or credit you choose to use for that item? Someone could decide they would rather have the Rolls Royce and take out a loan for that instead of for a mortgage and cut corners on where they live.
OMG my balayage is getting expensive!! I only do it once a year or sometimes even stretch it to over a year, but still painful when I see that $$ at check-out! But yes...when everyone compliments your hair, worth it!I spend $15,000 on a pre owned.
My big expense is my hair, it costs about $500 for a highlight and color after tips. It’s good for about 4 months (pushing it), but I love my colorist and all of the stylists.
I remember explaining private jet charter to someone once - back when it was (only lol) $100,000 from California to New York and I had a client that did roundtrip at $200,000 at least once a month. Some folks were flabbergasted, saying he could go First Class Commercial for $10,000 why would any sane person do that? Here was what I said to compare ... you can drive your car for $1,000 per month, or use buses (which may not suit your lifestyle) for $20 per month - you do not use the bus because the $1,000 fits safely in your cost for value range. Same with the guy and the private jet.Well sure - but if you had a maximum budget of $30 or 40K you'd be shopping for a Camry, not a Rolls Royce.
Of course, the difference in price on many items can be wide ranging. My point is that it is dependent on a persons budget what they will happily spend on. Mindboggling or Ridiculous it is if it's NOT in your budget. But if it IS in your budget, then you may look at it differently.
A friend is a charter jet pilot. He wondered how many millions were spent at the Super Bowl in Las Vegas this year just on charter private jets. 525 jets had landing and take off slots. The fuel bill alone for the 12 passenger jet he flew there and back was $13,000.I remember explaining private jet charter to someone once - back when it was (only lol) $100,000 from California to New York and I had a client that did roundtrip at $200,000 at least once a month. Some folks were flabbergasted, saying he could go First Class Commercial for $10,000 why would any sane person do that? Here was what I said to compare ... you can drive your car for $1,000 per month, or use buses (which may not suit your lifestyle) for $20 per month - you do not use the bus because the $1,000 fits safely in your cost for value range. Same with the guy and the private jet.
Budgets differ. A lot.