Comments on: 6 Different Wealth Levels and How They Affect Your Decisions

By: J. Money

J. Money — Wed, 12 Feb 2020 12:00:00 +0000

Haha yeah – the childcare alone already makes it a splurge! :) But awesome you guys still treat yourselves like that… Sometimes I dream of just getting a babysitter and then staying in my room for hours and just reading in peace and quiet, lol…

By: Stephanie

Stephanie — Tue, 11 Feb 2020 19:40:44 +0000

I would guess some of this depends on tastes and circumstances. We don’t go out to fancy dinners often because we have a kid and no reliable childcare, so when we do its a no brainer to live it up and order what we want. We dropped over $100 on dinner this past Saturday but the last time we went to a fancy restaurant before that was… October? Otherwise we go to cheap, family-friendly places and no matter what we order, we come in under our $50 budget.
Same with travel, we prioritize visiting family so don’t typically have big hotel, rental car, or food costs, just plane tickets. But when we do travel for pleasure, we’ll splurge on the nicer hotel, entertainment etc

By: Connie

Connie — Fri, 07 Feb 2020 21:01:17 +0000

Exactly!! True freedom

By: J. Money

J. Money — Fri, 07 Feb 2020 17:00:33 +0000

In reply to Connie. Congratulations :) Great position to be in! And the best part: you've set yourself up to have the *freedom to choose!*.

By: Connie

Connie — Fri, 07 Feb 2020 16:44:08 +0000

We are of retirement age, but not “retired”, as we want to continue to contribute, through either paid or unpaid work.
We are at but not interested in # 4 as we help out with grandchildren and are home bodies. We are at but not interested in #5 because we are perfectly content with how well the house we have now functions for us. We are at and thoroughly enjoying #6…. we have an account for that and receive much pleasure from giving from it.

By: J. Money

J. Money — Fri, 24 Jan 2020 20:08:20 +0000

In reply to Lee S. Haha... maybe! I doubt I'd be much concerned about it with that many millions in the bank :)

By: J. Money

J. Money — Fri, 24 Jan 2020 20:07:17 +0000

In reply to Angela Jean.

Hmm… don’t agree all the way w/ that last line, but yes – you are correct you can always make a difference with whatever you’ve got :)

By: J. Money

J. Money — Fri, 24 Jan 2020 20:05:42 +0000

In reply to Chickenwizard’s DivBlog.

Well done staying in one place like that!!! That’s hard to do for most of us!

I agree w/ the nice refunds too, so long as you’re consciously doing it like you are and you don’t end up just blowign it on stuff you don’t really care about.

By: J. Money

J. Money — Fri, 24 Jan 2020 20:04:37 +0000

In reply to Nita. You'd rather not reach level 3 or not care about restaurant prices? :)

By: Lee S

Lee S — Wed, 22 Jan 2020 20:27:16 +0000

I’m not above a good vacation now, but I still put a lot of consideration in it. So, one good vacation a year isn’t out of the question but planning and budgeting must be done to make sure it doesn’t hinder everything else for the year. Have to maintain investing, and make sure quality of life though frugal is maintained and not wrecked by a vacation. So maybe the vacation no problem is more around the 3-8 million mark.