Over my life, I’ve noticed that my expenses for living fall into one of three buckets:
- Exciting buys
- Wise purchases
- Necessary costs
But I’m mostly curious about that first one…
What is your favorite kind of exciting buy?
My exciting buy might be a new musical instrument even though I have plenty, a new video game, purchasing art, a vacation, a luxurious meal, etc.
And less on the fun side of things, my other categories would shake out like:
- A wise buy might be investing in a house or business, putting money away for savings, or spending a premium on a BuyItForLife kind of purchase to avoid buying a new one every year.
- A necessary buy is probably the same as most others: housing costs, utilities, clothing, household goods, food, transportation, etc.
The last exciting purchases I have made have been some video games (I never buy any anymore), special food for my wife like Korean or her hometown food, bought my wife a bike, vacation stuff is fun like taking a sudden Saturday trip to the beach, buying a fun drink, buying a month of a vpn to torrent more.
I would like to think continuing to invest in 401ks and IRA is my most wise purchases.