As a very young child, the first thing that I saved my pennies for was a Tot 50 stapler. It cost a dollar and it took me forever to save for it.
When I was a little older, I saved for and purchased my first pair of roller skates. The kind with the key that you attached to your shoes. I remember that they had ball bearings in the wheels and I could really fly on those things.
And I remember saving money from my paper route to buy my very first 10 speed racing bicycle. I lived on my bike from the time that I learned to ride until I learned to drive. That bike cost me $80 from Sears and I kept it until I needed money for car insurance.
In high school, I scrimped and saved to buy myself a real stereo. A Sherwood S7100 receiver and a Garrard Zero-100 turntable. I didn't have enough money for speakers, so I also bought a pair of Koss Pro4A headphones. I also purchased a Westinghouse reel-to-reel recorder so I could record radio programs. I wanted a Teac recoder, but didn't have the money.
In college, I managed to save up enough money to finally buy some speakers for my stereo. When I graduated from school, I ended up giving my parents the stereo system which they used for many years. Ironically, they just returned it to me this past weekend. I now have a teenage son who is about the age that I was when I first purchased most of that stereo.
I bought my first wheels in college. A $1200 Kawasaki KZ400 motorcycle. It served me well up until I graduated. At that time I bought my first car from my girlfriend's dad. A 1963 Plymouth Fury. I think I spent $40, so that doesn't count as a big purchase.
My first "real" car cost me $7000 and was a 1979 AMC Spirit with a 5 liter V-8 engine and a 5-speed manual transmission.
So you see, I had several "first" big purchases in my life. Right up until the time I had kids, I was spending all sorts of money on first computers, first big screen televisions, first home theater system, and the like. Then we had two kids. Now I am dreading spending some REAL money on college in a couple of years.
Life was so much simpler when all I wanted was a Tot 50 stapler.