Unless you live on a lake, don’t buy a boat - you’re buying a bunch of work and hassle. Storage, winterization, etc. If you’re not getting multiple uses per week you’re buying into upkeep.
Join a nautical club and enjoy the benefits without the hassle.
Personally travel and track days are the two that do it for me…
The old adage “better to have a friend with a boat.” If you get one, it’s either a labor of love maintaining it, or a chore to figure out the logistics of what needs done when, by whom.
If you make a habit of it go for it. My partner and I go kayaking often and we recently put a sail on it. Instantly hooked. After the first trip I made it a personal goal to build my own sailboat (into woodworking).
I’m intensely frugal too, but the building part is more out of romance than cost. By all means get a boat if it’s the shiny thing that adds joy to your life.
Have you started building? Full disclosure.... I own a Catalina 22.. but they're dirt cheap and parts are abundant, so it hasn't been a massive drag on my wallet.
But! I would absolutely LOVE to build my own. I've looked at a few CLC plans but feel those may ultimately be too small for my liking. I'd want something large enough for a couple nights at anchor with the wife.
Try golf…get addicted to golf…spend all your time on golf…spend all your money on golf.
I’m very fortunate, but I keep track of every dollar I spend and last year I spent 56k on golf. Yes you read that correctly.
I've actually never heard of someone putting a sail on a kayak, I thought I was being adventurous by putting a cupholder in mine lmao. Is it pretty easy to control?
Building a boat is an amazing way to become closer to your spouse. Something about working on a project/many projects and overcoming challenges & adversity together makes for a long happy life.
Good luck.
"if it flies floats or fucks, rent it"
But seriously, I agree. Found that with a vacation house too. The idea of "my vacation house" conflicted with the reality of having another house to manage. Things break. I'd spend a half a day of a weekend getaway doing "chores". Sold it and happier in hotels / airbnbs. Sure, I could have a property manager and more staff to do it, but then the costs start to add up to the point where, at my financial level, it didn't make sense.
I assume you also then feel obligated to go to that spot instead of trying new vacation areas. If it is close enough and you do a weekend every month it seems worth it more. But once a year for a week or something is gonna get boring quick.
Travel. It’s what I do and love. I’m frugal about it and find the right deals. But man, just going to a different locale for a couple weeks and enjoying life, even if I’m still doing a lot of my normal day business….its just nice to be away some times.
Boat stands for
Bust
Out
Another
Thousand.
The best days in a boat owners life ate the day the buy it and the day they sell it.
Am mechanic, I wouldn't own a boat, sure make a lot working on them though. Rent. It's far cheaper and unless you plan on boating more than 7 to 8 times a year the better way. All the fun with none of the upkeep. Rent includes a full tank of fuel, insurance, trailer to gwt it there, or akready there, etc. Usually 50 gallon tanks, and you will burn most of it in a day. If the rent is 450 a day and you burned 45 gallons of 91, you came out ahead.
Take into account yearly lake passes, insurance, and registration at $1k plus and you need to go A LOT to make it worth buying one. Plus you need a good truck to tow it with. Everytime I feel like it's time to get a boat I borrow or rent one and get reminded why it's better to not own.
My grandmother used to own a small general store, restaurant, RV park, and boat rental near a lake, and my cousin and I would work for her in the summers, taking the boats to the lake for people and giving them instructions and then coming back for them at the end of the day.
So many of the people who would rent had sold their own boats because of the expense and hassle. They loved renting, but said owning wasn’t worth it.
I have a house a quick walk from a large lake. Wife asked if we should buy a boat. I told her hell no. The marina is a 10 minute drive and we can rent a boat for $400 for the day.
We can get any type of boat we want. Fishing, speed boat, pontoon. We don't have to maintain it, store it, insure it, go down to the boat ramp, register a trailer etc. It's not even about the money, it is about the time, and avoiding headaches. Smartest non-move ever.
I commute a decent bit for work and have been considering an M series to save on gas (my daily is a Tacoma).. But I'm not a big enough car guy for a Ferrari so I'll leave that to the experts.
I bought an oversized condo because I like to swing my golfclubs in my living room from time to time and run around in circles indoors for exercise. Worth it.
People get rich for 1 of 2 reasons:
1. They’re gifted/inherited/fall ass backwards into it.
2. They earn it.
Ppl doing #2 got there for a reason and one of them is because they’re not spending it.
I hate that this has to be explained to people. I've met people making way more a year than me, but they don't have any "extra" money... People who get there, know the value of a dollar, and are willing to save and make sensible purchases.
My biggest splurge is paying people to do things I don't want to. It doesn't matter what it is. If I don't want to do it and it is going to take up my free time, I pay someone else to do it for me.
Travel and art are my other two. I don't really care about material possessions in general, but I love experiences and art.
Hear, Hear! My neighbors spend every waking hour doing projects. I don’t do shit other than basic maintenance and mowing my yard. Otherwise, I’m by the pool.
I always forget this has long been on my list of things to buy, and then every so often I’m reminded. I stayed at an Airbnb that had one of these and I’ve wanted one since, incredible.
I like mixing very expensive liquors into stupid cocktails at bars just to watch everyone have severe looks of pain on their face as I drink it.
Then watches, keyboards, headphones and shoes.
You need to wander over to r/bartending to lurk
I once ordered a Rum & diet in a Mexican restaurant, in a Mall in Minnesota. It was NOT busy, but the bartender was CLEARLY trying REALLY hard with his outfit; cabbie hat, rings, vest, pins & buttons... basically a very "flare" type outfit.
That lil homeskillet got a wire crossed and brought me a Tequila and Diet coke.
Let me tell you, it was SPECIAL. If you have ever wondered;
"What does it taste like to french kiss Death, after he tried to hide being a smoker, by washing his mouth out with sweet'n low"?
You are IN for a treat! ALL ashtray, all bitter stinging, sweet death.
I immediately asked my friend to taste it 😆
Just posted this: Hi. So I love a good rum and coke. What is your favorite mixed drink with cognac? Does it pair well with Coke or another mixer? Expanding my horizons
Let’s see how that goes….
That’s been my wife’s drink for about 6 years now. Silver tequila and diet. I haven’t drank in over 12 years and I still cringe every time she orders it.
I turned my 3rd bay in my garage in to a legit gym. Been getting back in to shape.
I also love the taste of fresh squeezed orange juice. So I’ll buy oranges by the case to make my OJ. Grew up on frozen from concentrate, and the fresh is my guilty pleasure.
As for my wealth, I don’t flaunt it. I buy my clothes at target or old navy for the most part. A few nice suits when the need arises. But I hate paying more than $10-$15 for a piece of every day wear. Let your wealth talk quietly. No reason to show off
We did that in our second bay garage in the first house we bought. It was so nice just walking out into the garage to work out instead of driving to post to work out instead.
I got into doing my own nails during covid... it's meditative like building a ship in a bottle.
And you can do one hand, then go to bed and so the other in the morning. Or start at 10pm etc unlike a salon.
Too many to list. Depends on what you like really. Panerai has some cool watches. I’ve got a carbotech on the way. I had a strap made for it from purple raptor and blue cayman. Cost 3k just for the strap. The watch is around 13 I think. I have a few Rolexes but they were the first ones I bought. Not really a Rolex guy. I have a Patek Philippe 5711 I really enjoy. Vacheron constantin is a favorite as well. I’m thinking I need an A Lange and sohne next. Glasshutte is great as well. Truly too many to list. I love Louis Vuitton stuff too. I’m a big shoe nerd.
Anything that makes my life slightly easier…cleaner, fast pass, same day service, delivery, etc.
Also, luxury sheets and towels
I too suffered from being a tad miserly, but once I got really nice sheets, it kind of clicked for me that (at least some) money is to be spent!
What surprised you most about the good sheets? What is the difference? I have heard this before about nice sheets and it’s hard to imagine spending money on expensive sheets. Aren’t they just sheets?!
It just feels better. Way more breathable. My skin feels better. Softer, hold color better, look gorgeous.
I love getting in bed, especially after spending anytime away.
This is something I'd never considered, but its absolutely intriguing..
We've all heard of Picasso, Van Gogh, Rembrandt... but could you name a few Artists who are well regarded in the /r/artcollecting community but the majority of us may not know? Thanks!
I also collect a bit of emerging artist art (under $5k).
It starts with visiting a few small local galleries in your area to get familiar with lesser known artists and there’s also websites like Artsy where you can check out art
You can check out my posts about Emile Gruppe and Eric Sloane. You can buy very nice works for under $10K. Both Gruppe and Sloane were fine artists, but they were also very prolific and produced hundreds of works a year for decades.
Day care for my dog, a couple days a week. Sure, he could stay home but playing with other dogs makes him so happy and it really is good for him. I don’t care if people think I’m weird for sending him there.
I have been seriously considering this. My elderly dog passed away in February and my 4 year old dog no longer has interactions with other dogs. We aren’t mentally ready to bring another dog into our home so I have considered this as an option.
It's worth looking into. My dog has so much fun there and then he's nice and tired when he comes home. I just love seeing how happy he is when he plays with other dogs.
It’s not boring it’s just what you like.
I drove 2.5 hours to my favorite diner just because 2 weeks ago. Spent the night and then ate there again, then drove home 😂
Total waste of resources or was it, it brought me joy.
It’s like a mini vacation! I hop on my moto and drive few hours over to a random town and just spend the day like a normie, eat at the local pub and enjoy the near by nature. I’m also spoiled living in California, few hours any direction is vastly different and beautiful all the same
California is an amazing place. I’m a native of central California.
Do you, do it without gps telling you where to go? That’s kinda my favorite part. Just getting “lost”.
Haha normie, we are all normie some of us just have more zeros.
I usually splurge on my friends. If one of them needs something, I will pick it up no questions asked.
Possessions do not give joy. Also, a yacht is a floating liability. Have you done the math on the upkeep? It’s astronomical.
This is the fun part. My close were friends were struggling after Covid and expecting their first child. I asked them to send the link to their baby registry so I could get them something nice. I looked through all the items on their registry and eventually just said "Fuck it. I'll buy all." I bought them literally every item on their registry and it was the best part of my month.
Same. Me and my friends grew up in poverty and I gotta repay their mommas for all the times they made me dinner while my parents were out getting wasted
Yes and yes. Love giving friends things. I've also loved the yachts I've owned but they are true money pits that will absorb any amount of money that you throw at them. And they continue to depreciate the entire time.
Yes! This is one of my splurges as well. E-readers are nice, but nothing beats the happiness that comes from holding a new book in my hands and adding it to my shelf. Even better if its hardcover.
😭 This is beautiful and incredibly relatable. When I became wealthy, this was my liberation from the scarcity mindset. Buying as many books as I wanted - any one I see.
[This detergent](https://a.co/d/0fRlE3PJ) will change your life. I got a small sample for Christmas as a stocking stuffer and didn't think much about it, but then I used it. The first party I went to after I used it I was bombarded by compliments; I literally got double digit compliments about how good I smelled. Once I realized it was because of my detergent I knew I would never go back. Spending $70 on detergent seems absurd until you experience how fun it is to smell fantastic. Try out the $10, 4 oz mini-bottle, go to a social gathering and I promise you'll buy it for the rest of your life.
This. Definitely this. I appreciate, deeply, designer perfumes, shampoos, detergents, air fresheners. Everything in life feels wonderful when things smell wonderful. I always get a serotonin boost when I catch the smell of fresh laundry or a diffuser in passing.
I’m a single woman and haven’t had sex in years but get Brazilian waxes like clock work. I do it for me, myself, and I and it’s always the best money I spend every month.
Relaxing and not worrying about anything. So right back to freedom of time. It took me a while to learn this.
It’s such a simple concept and pleasure. at my core I’m just a simple person.
If we are talking about money, wandering (traveling) ever had the time freedom and resources to just wake up in the morning, pack a bag, leave and wander. Not planned just because. coming back home is not as fun. But I do love it.
Travel, I always spend a lot when I do travel on nice hotels and amenities. Watches, I have a couple Rolexes and Breitlings. Cars, between the daily drivers, sports cars, and project cars, I'm probably 500k into my cars but will be selling one for 100k to buy an older 911 as a track car. My dream ride was always a f430 6spd convertible, which I have. I dont see the point in owning multiple exotics as it's just a waste and more to maintain, which is a pain. I also like to rent exotics when I'm on vacation to try out something new.
Escorts are also fun. I have money, but not a lot of time, I'd rather pay a beautiful woman for her short-term company than waste time on various apps and sites. A bender in Vegas with a 10/10 21 year old is a good time.
I cut back on clothes. I wear nice, durable business casual clothing, but nothing too crazy. I don't care for designer labels at all. I also downsized the home into an older one and hired help to maintain it. Some of my rental properties are nicer than my own residence, but housing is such a money pit... I'm not a social guy at all and never invite guests or host parties, so it doesn't make sense to have 2-3m tied up in a house.
Young beautiful women and older men with money have been a pairing since the dawn of time. I know more men who see escorts or have sugarbabies than those who don't. Wealthy businessmen, musicians, actors, athletes, royalty, you name it, do it, and flaunt it. Leo Dicaprio openly parades young models on his boat, but that boat would be empty if he didn't have $.
You don't even need much money to play the game. When you're older, under a lot of stress and pressure, and a bit too caught up in the hustle and bustle, the presence of a young beautiful woman who is carefree, happy, optimistic, and naive is very refreshing and relaxing, just like how she feels pampered and cared for with an accomplished older man with excess resources; it's an escape that is consensual and mutually beneficial, and well worth the cost.
That being said a long-term relationship for me wouldn't be about money. I don't see the logic behind paying someone to be your wife unless you were very lonely and miserable.
I get that reasoning of course. But idc if the entire world was doing it… I’d still think it’s not great. There’s one perspective that you’ve said, and there’s another perspective of the young woman who doesn’t really know what she’s doing and the older man who does. It’s a plus for him and majority of the time he’s taking advantage w/o her even knowing. Listen I’m not a prude in any way, shape, or form, i just feel weird on this one… especially the bender part.
I spend money on hobbies.
I have all kinds of paints, pencils, pastels, different types of paper, brushes, all kinds of stuff.
Most recently we were given some wooden outdoor furniture that's in good condition but needs to be sanded and stained. I bought a bunch of traditional wood stains and Unicorn Spit and I'm in the process of sanding it all down, taping it off and I got pretty eager and started staining one of the pieces.
I don't go out anymore, I have problems with large amounts of people (fuck you Covid) and can't handle crowds of any kind. I don't buy clothes, I work from home. I spend money on bills and art stuff.
I will occasionally get a massage but it's every other month or so.
Why spend money if you don't want to?
That isn't miserly, that's wisdom.
Most of the rich people I know are mostly frugal. Except "new money" people who throw money around just for kicks and attention.
If there is something you \*want\* to splurge on and you can, then go for it. But don't go looking for ways to spend money if you are content with your lifestyle.
The peace of mind to not worry because you have the money if you need it is glorious. Between now and old age, who knows what you might need. New roof, no sweat. I know I could get a mouth full of implants instead of false teeth. The list is endless. If that's what makes me content, thats all that's important.
Just a little advice. I spent 30 years in a marriage with a “miserly” man. I was financially and emotionally abused without even realizing it. Finally realized if I was ever to be happy I had to get out. I tell you this not because of my present situation but because of his. He’s now an old man with all his money. He lives with his cat. He has no family memories to think back on or share with his only grandchild. Although his accomplishments for his community are well known and he is celebrated. Before it’s too late, buy a boat. Go skiing. Take trips with family or friends. Take someone for ice cream or lunch and let them order what they want with no eye rolls or guilt trips about the cost. I don’t know your personal situation but if you have or plan to start a family, learn to let go and spend that money on happy times and memories. Please update with a picture of your boat.
Boats cars four wheelers side by sides snowmobiles wave runners they all bring me lots of joy I do live on a lake tho and also have a cabin on a lake. I have found That I only need 3 sports cars tho because after that it gets kinda hard to use them all and they just sit. Owning boats is great unless it’s a yacht it’s better to rent those. When it comes to boats u need to be able to tow them easily or they can be a real pain. I retired by 30 soo I like to play alot
What did you do to retire at 30?
Edit: Looked at your post history. Trading/stocks, nice. What was the big come up if you don’t mind me asking? I’ve dabbled but never made retirement money.
The car that made these two, equal-length tire marks had positraction. You can't make these marks without positraction, which was not available on the '64 Buick Skylark!
My dad's first car as a kid was a 1964 GTO and he loves them to this day so I bought him one as a father son project for 4k that we have been restoring from the Frame up for the last 7 years and it's almost done. I would say it's probably worth 35K the way it sits and will probably be worth 50K when we're done. I just wish we had the original motor and transmission For the matching numbers. My dad does auto body work for a living so We had the ability to do a decent job And keep the cost down To parts, materials, ect... But sand blasting and stuff like Doing the wiring harness and motor Confusion things added a little bit on also.
I stopped spending on hair and nails. I saved $600/mo, $7200/yr. The more I spent the worse I felt about both. Especially nails. I could never get them perfect: I now simply refuse to care.
I splurge on animal care. My cat cost $2-3K/mo when she was in end stages of her disease, and we opted to avoid kidney transplant bc she wasn’t a behavioral fit ($25K to start), but I’d wished we’d done dialysis sooner (iirc $2K/ea but I don’t remember for sure.), just hadn’t heard of it until she was too late.
ridiculous etsy items related to stuff i enjoy. and buying old items that i suddenly become nostalgic for. random badass gifts for fiance and friends. im a good listener and i LOVE getting hyper specific gifts for people randomly.
I spend on other people. I never splurge on myself. Im 38 and never been on vacation since I was 18. My underwear have holes in them and my clothes pretty much come from Walmart and discount stores. I enjoy helping people who need the help and buying stuff for people that they want but would never buy for themselves. I'm different though. I have really low self-esteem and don't feel like I deserve anything and helping people or Making other people happy as the only way I ever feel needed or wanted. There's been many times where I put so much of my funds toward helping other people or making other people happy that I've struggled myself. And I always tell people to pay it forward.
you sound really kind and considerate. hopefully the folk you've helped do pay it forward. and perhaps one day, you'll foster the high confidence/self-esteem/compassion you ought to have for yourself too
You do deserve nice things. As a person who has also struggled with self esteem I will share that leveling up your character really does set the stage for self worth. You don’t need fancy clothes or a lot of clothes but wearing good quality is a game changer, even better if you can afford to have them tailored. I’ve also found that learning new things interests me far more than material goods or touristy vacations. I see the money I spend on myself as a health/wellness investment. If I feel more confident I bring that to the table in everything I do, it ripples out into my work and community.
Golfing for me. Spend $100 on something we want for around the house, never. Drop $150 on greens fees and beers on a random Saturday for a round with the boys, don't even bat an eye
Bougie gym membership and personal training. I am much more consistent if there is someone I see every week and if I can work out in a nice place with long hours and lots of good equipment. Also, it has a beautiful outdoor pool in the summer.
I know it sounds stupid, but clothes. I’m not talking high brand names but definitely a quantity of clothes related items. If I’m feeling sad it makes me feel beautiful’
Travel, spending like 50-60k this year
But will shop coupons for bogo organic chicken and house basics. I refuse to pay cvs price for toilet paper, Amazon all the way.
Somethings are worth the money, some are not whatsoever.
I am a divorced, 51 year old, executive, happily working 50+ hours a week. The best thing money can buy is a part time personal assistant. The goal is for him/her to run every errand and complete every task that would take up your time on the weekend as well as other, irregular items that pop up (such as booking vacations, organizing your library, whatever...) This would include managing other services such as laundry pick up, landscaping, cleaning people (if you don't have them do it), etc. You can pay between $25-$35 an hour for 10 hours a week and you will buy back so much time and free yourself from the frustration that comes with having to do things you hate. I am not a luxury brand type of person but I will always pay extra for service and to protect my free time.
Just remember, don't hire someone you can't fire. A personal friend is not a great choice because ultimately, they will get involved in your personal business. Also, there are services such as "Care.com" and others that have these types of professionals pre-screened and organized for your review. That is how I found my first. Hope this helps.
Bourbon that I don't drink because I'm concerned I won't have it once it's gone.
I just started this in the winter, but I go to the liquor store and buy a $35 bottle to drink and $100+ bottle to stash.
I don't even have a shelf or bar to show them off or whatever... I'm just hoarding (or gifting them when appropriate.)
A very high end barber with an annual membership costs. I can get my haircut every week, massages, shoe shines, top shelf bar, espresso, coffee, shoe shines etc all included. It’s a HUGE networking place. The palm and forearm massages and the facial scrubs are ABSOLUTELY worth it for my mental health.
Certain types of antiques are great fun to collect if you’re interested in purchasing something that maintains value/appreciates fairly reliably. Not to mention you feel like you’re always on a treasure hunt.
Old license plates are my go-to, but the big money guys do old porcelain signs, coins, motorcycles, etc.
A racing level road bike with all the latest tech and features. A normal bike will probably keep me healthy just as well but riding an expensive bike that costs more than a car pushes me to go faster and further!
Get a private pilots license. It’s a great learning experience, you will grow as a person, and meet all kinds of cool airport people. For the love of God though don’t buy an airplane.
Cinematography cameras and lenses for literally just filming friends and kids. Saving enormous raw files on a RAID setup that’ll still look amazing even when the kids are adults.
Track days exactly! I recently decided that my wife and I would like another EV so she told me anything I wanted. Well now, that gave me a lot of options in terms of exactly what I wanted.
When the model s plaid came out, I said to my wife, "one day, just wait, one day". Then the track pack option came out. I had to wait 4 months for it but wow was it worth the weight. The next splurge on the vehicle will be a wrap that is ridiculously luminescent. I could pay for the paint but in the unlikely event I were to get rid of the car earlier than I wanted, I want something that will be easily removable.
The only problem with taking a vehicle like this onto the track for extended time periods is not the battery at all. It's the brakes and not just the meaning the regenerative braking system alone but the actual physical brakes on this option. They are so incredibly expensive to replace, even simple pads, because everything is ceramic, has tons of sensors, and then you have to once again deal with the whole regenerative portion. I swear it's like a Porsche in terms of servicing costs. And if you need a new tire? Forget it. You can wait upwards of a month for one where I am.
From what I learned from my fellow wealthy friends as I was climbing up the economic, social and political ladder 🪜 I learned to eventually spend only up to 10% of my yearly income on my necessities and expenses and the remaining 90% on my investments/investment savings in order to generate long term wealth (it wasn’t easy in the beginning). From that wealth, I developed “two piles” of money streams 💵: 1) money to reinvest back into my capital investments💰to keep my wealth cycle growing and 2) my “play money 🤑“ that I utilize towards my expensive “toys and hobbies.” (To develop fiscal discipline, you need to have an emergency/entertainment fund so that you don’t become an “all work and no play” automan; we’re human beings and we need to have an outlet/outlets for our hard work 😓)
In the beginning (especially when I was young and single) when I didn’t have lots of “play money,” I splurged on 1) Adult Actress Escorts (low 5x figures per FMTU weekend dates; at least 3x times a month), 2) MTG Commander Decks, 3) Legos, and 4) seldom occasional trips around the world 🗺️ (these were “little hobbies and little toys” that I splurged on; my “vices” that kept me wanting to earn more money - not my sole motivation, but a bonus one at that).
As my capital investments started producing more and more money than I can count, I utilized my play money to splurge on:
1) my dream home (in a decent neighborhood; not a too ritzy one because I don’t want to pay too much in property taxes and water fees; my house expenses are now revenue neutral since I A) rented out my guesthouse to my Best Friend and his Girlfriend, B) rented out my guesthouse’s remaining empty bedrooms on AirBnb, C) rented out my 12x car elevator 🛗 garage (the remaining 10x spaces) to my neighbors [I don’t have expensive cars nor a car collection for my car - a 2004 Mercedes Benz with only 70k miles (which I bought when I was in the Army; I pay my secretary to drive me to and from work in her car, which my company bought at a steal) and my wife’s SUV - a 2018 BMW X3 (which is a pre-owned demo), D) installed solar panels that cover most of the costs of my utilities, and E) installed a mini-brewery that is managed by my Best Friend and and his Girlfriend (the same couple who rents my Guesthouse; thankfully, my real estate attorney was able to get my property rezoned as a mix-use property) that generates income to cover my house’s expenses (ie water fees, utility bills, property taxes, umbrella and property and disaster insurance policies, etc),
2) my dream vacation home (that I later learned to rent it out most of the calendar 📅 year to my wealthy friends, my neighbors and my friends’ neighbors, and my business partners and associates and my friends’ business associates - generating a steady revenue stream from loyal and returning patrons),
3) a small corporate jet 🛩️ which I only use for workcations with my investors and business partners and my employees (that I also learned to rent it out most of the calendar year),
4) a small yacht 🛥️ (also only for workcations and rented it out for most of the calendar year to generate income to cover the overhead costs and expenses like the crew’s salaries, food, booze, supplies and fuel, security, slip fees, yacht club dues, etc; Pro-Tip 😉- your yacht and jet purchase value should be no more than 10% of your total net worth, anything above that and you’ll end up like Nicholas Cage and Wesley Snipes running afoul of the IRS for back taxes and late fees and penalties and even prison - which snagged Snipes but Cage was able to avoid due to his family’s connections 😜),
5) learned to play golf after signing up at my local country club and started doing side bets with my peers (no more than a low 4x figures per tee time; at 3x times/week and no more than $10k/month),
6) after getting married I stopped seeing Adult Actress Escorts and started pampering my wife with her 2x/month “shop til she drops” trips in Vegas (because of the no sales tax; she can have fun shopping 🛍️ so long as there’s a mitigated cost factor💲- Yes, l taught my wife to learn to curb her old “impulse spending habits” by ensuring her splurging was within our budget, which she learned very quickly for she’s my CPA and corporate treasurer),
7) increased our world travel to at least 2x/quarter to the places where my wife wants to visit (once on our jet and once via business/first class),
8) as I started becoming more of an overseer than a CEO I kept up my splurging on MTG and Legos and started hitting the pro tour circuit indulging in my hobbies,
9) my life long dream 💭 is to have an opera box on both coasts as well as in London and in Paris and I started splurging on lobbying efforts to receive an appointment on the opera board of directors (another life long dream of mine),
10) splurged on my younger brother’s life long ambition of playing on/founding a Pro-Gamer Team which I funded for their League of Legends, StarCraft, and Counter Strike tournaments and their earnings are used to cover his team’s expenses, computers, and salaries so that its near revenue neutral
11) I started splurging on collecting vintage wines and champagnes that later led to co-owning three vineyards in Napa Valley, Italy 🇮🇹 and Monaco 🇲🇨, which revenues I continually use back towards splurging on my wine and champagne 🍾 collections with the aim of making the expenses revenue neutral,
12) shoes 👟👞 (I started a “mini-Imelda Marcos” collection, yet it pales in comparison to my wife’s own collection ROTFLMFAO 😝),
13) I started splurging on mine, my wife’s, my friends’, my business partners and associates, and my neighbors’ charities through my foundation,
14) though I don’t collect/spend money on expensive cars, I splurged on upcoming reservations for space tourism through Blue Origin, Virgin Galactic, and SpaceX. I’m on the long, long waiting list and I’ll eventually be blasting off to space sometime in 2027 (according to my pending space flight itineraries; subject to change since one can get bumped to a later space flight due to the competitive bidding wars for seats💺),
Though the above list seems to be HUGE in terms of splurging, I can certainly guarantee everyone here that my “splurging” pales in comparison to my friends’ and my business partners’ and my neighbors’ scale of splurging. I’ve only been at it for the last seven 7️⃣ years whereas they’ve been at it for over twenty years (yeah, I was the very poor kid in my primary, secondary and post secondary classes growing up with very wealthy trust fund babies; thankfully 😅, my wealthy friends believed in me and kept me as their trusted confidant and steered me towards where I can find investors for my businesses to which I’ve been eternally grateful 🥹 for their steadfast support).
Flying first class.
Trips to NY (from LA) purely as tourists
Hotels in Midtown, near Central Park.
Sedan service to/ from airports.
PENS. Some luxury, others not - whatever catches my eye.
BAGS. Am in a neverending search for the perfect EDC bag.
We pay someone to come in and clean the house for us because it is SO worth not having to spend our free on something that we both hate doing when we can be doing something fun. And there’s nothing like coming home on a Friday afternoon after work to a clean house knowing that you can just enjoy your weekend. Feels good, man.
Omg my pool. I thought I would love it. But it’s just a money pit and all it does is make my stepkids and grandkids want to come over everyday. I know. It’s a first world problem, people you love wanting to be around you. But I work 60 hours and I never enjoy it and sometimes I want to be alone
Honey.
Sugar causes inflammation in the body. Processed white sugar is cheap but it's horrible for you. Honey is comparatively expensive but doesn't cause nearly as much body inflammation.
Unless you live on a lake, don’t buy a boat - you’re buying a bunch of work and hassle. Storage, winterization, etc. If you’re not getting multiple uses per week you’re buying into upkeep. Join a nautical club and enjoy the benefits without the hassle. Personally travel and track days are the two that do it for me…
The old adage “better to have a friend with a boat.” If you get one, it’s either a labor of love maintaining it, or a chore to figure out the logistics of what needs done when, by whom. If you make a habit of it go for it. My partner and I go kayaking often and we recently put a sail on it. Instantly hooked. After the first trip I made it a personal goal to build my own sailboat (into woodworking). I’m intensely frugal too, but the building part is more out of romance than cost. By all means get a boat if it’s the shiny thing that adds joy to your life.
Have you started building? Full disclosure.... I own a Catalina 22.. but they're dirt cheap and parts are abundant, so it hasn't been a massive drag on my wallet. But! I would absolutely LOVE to build my own. I've looked at a few CLC plans but feel those may ultimately be too small for my liking. I'd want something large enough for a couple nights at anchor with the wife.
Try golf…get addicted to golf…spend all your time on golf…spend all your money on golf. I’m very fortunate, but I keep track of every dollar I spend and last year I spent 56k on golf. Yes you read that correctly.
I've actually never heard of someone putting a sail on a kayak, I thought I was being adventurous by putting a cupholder in mine lmao. Is it pretty easy to control?
Building a boat is an amazing way to become closer to your spouse. Something about working on a project/many projects and overcoming challenges & adversity together makes for a long happy life. Good luck.
"if it flies floats or fucks, rent it" But seriously, I agree. Found that with a vacation house too. The idea of "my vacation house" conflicted with the reality of having another house to manage. Things break. I'd spend a half a day of a weekend getaway doing "chores". Sold it and happier in hotels / airbnbs. Sure, I could have a property manager and more staff to do it, but then the costs start to add up to the point where, at my financial level, it didn't make sense.
Buddy of mine had a cabin at the lake. Spend half the weekend fixing shit and the other half cleaning up after his freeloading friends.
Instead of rent it, the way I heard that is, it's cheaper to rent than to buy.
I assume you also then feel obligated to go to that spot instead of trying new vacation areas. If it is close enough and you do a weekend every month it seems worth it more. But once a year for a week or something is gonna get boring quick.
Travel. It’s what I do and love. I’m frugal about it and find the right deals. But man, just going to a different locale for a couple weeks and enjoying life, even if I’m still doing a lot of my normal day business….its just nice to be away some times.
Boat stands for Bust Out Another Thousand. The best days in a boat owners life ate the day the buy it and the day they sell it. Am mechanic, I wouldn't own a boat, sure make a lot working on them though. Rent. It's far cheaper and unless you plan on boating more than 7 to 8 times a year the better way. All the fun with none of the upkeep. Rent includes a full tank of fuel, insurance, trailer to gwt it there, or akready there, etc. Usually 50 gallon tanks, and you will burn most of it in a day. If the rent is 450 a day and you burned 45 gallons of 91, you came out ahead. Take into account yearly lake passes, insurance, and registration at $1k plus and you need to go A LOT to make it worth buying one. Plus you need a good truck to tow it with. Everytime I feel like it's time to get a boat I borrow or rent one and get reminded why it's better to not own.
Gas is included in the rental rate? I’ve never rented but that’s good to know.
My grandmother used to own a small general store, restaurant, RV park, and boat rental near a lake, and my cousin and I would work for her in the summers, taking the boats to the lake for people and giving them instructions and then coming back for them at the end of the day. So many of the people who would rent had sold their own boats because of the expense and hassle. They loved renting, but said owning wasn’t worth it.
It's so much maintenance! Every fucking year it's painting etc.
Yes. I will never. Unless it’s a bass boat with close good water to fish on. And too much free time.
We just joined a boat club instead of buying our own boat and getting a slip. We are SO HAPPY we did that. So much cheaper and easier.
I have a house a quick walk from a large lake. Wife asked if we should buy a boat. I told her hell no. The marina is a 10 minute drive and we can rent a boat for $400 for the day. We can get any type of boat we want. Fishing, speed boat, pontoon. We don't have to maintain it, store it, insure it, go down to the boat ramp, register a trailer etc. It's not even about the money, it is about the time, and avoiding headaches. Smartest non-move ever.
Bagels on Saturday morning, they taste like success after a week of hard work. After that, BMW M cars and Ferraris.
I commute a decent bit for work and have been considering an M series to save on gas (my daily is a Tacoma).. But I'm not a big enough car guy for a Ferrari so I'll leave that to the experts.
Long live the Taco!
I bought an oversized condo because I like to swing my golfclubs in my living room from time to time and run around in circles indoors for exercise. Worth it.
Love this. I've claimed the 3rd bay in our garage for a golf sim... just waiting for a nice sale to pull the trigger.
Haha, this guy needs to wait for sales! ^^so ^^do ^^I
People get rich for 1 of 2 reasons: 1. They’re gifted/inherited/fall ass backwards into it. 2. They earn it. Ppl doing #2 got there for a reason and one of them is because they’re not spending it.
I hate that this has to be explained to people. I've met people making way more a year than me, but they don't have any "extra" money... People who get there, know the value of a dollar, and are willing to save and make sensible purchases.
You need the indoor track man setup
Gasoline for my car so I can get to work 5 days a week. It’s my guilty pleasure.
Woah, might want to slow down on the spending there daddy war bucks
I hope they're looking for a sugar baby
It’s billionaire asses like yourself that are destroying everything.
Cut back on that unnecessary spending! No wonder ya' spoiled kids always complain about living expenses.
Dang! For 5 days! Big flex.
My biggest splurge is paying people to do things I don't want to. It doesn't matter what it is. If I don't want to do it and it is going to take up my free time, I pay someone else to do it for me. Travel and art are my other two. I don't really care about material possessions in general, but I love experiences and art.
Hear, Hear! My neighbors spend every waking hour doing projects. I don’t do shit other than basic maintenance and mowing my yard. Otherwise, I’m by the pool.
Heated bath towel rack. Totally unnecessary, but amazing to wrap up in a heated towel getting out of the shower. Also, not that expensive ($100)
I always forget this has long been on my list of things to buy, and then every so often I’m reminded. I stayed at an Airbnb that had one of these and I’ve wanted one since, incredible.
Add heated tile to the bathroom. Gamechanger
I’m redoing the primary bathroom of our condo and am getting radiant heating for the floor. An indulgence I’ve wanted for a while…
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I like mixing very expensive liquors into stupid cocktails at bars just to watch everyone have severe looks of pain on their face as I drink it. Then watches, keyboards, headphones and shoes.
You need to wander over to r/bartending to lurk I once ordered a Rum & diet in a Mexican restaurant, in a Mall in Minnesota. It was NOT busy, but the bartender was CLEARLY trying REALLY hard with his outfit; cabbie hat, rings, vest, pins & buttons... basically a very "flare" type outfit. That lil homeskillet got a wire crossed and brought me a Tequila and Diet coke. Let me tell you, it was SPECIAL. If you have ever wondered; "What does it taste like to french kiss Death, after he tried to hide being a smoker, by washing his mouth out with sweet'n low"? You are IN for a treat! ALL ashtray, all bitter stinging, sweet death. I immediately asked my friend to taste it 😆
I may have to give that a whirl. I’ve posted on r/cognac a few times and got threats in my DMs lol
Just posted this: Hi. So I love a good rum and coke. What is your favorite mixed drink with cognac? Does it pair well with Coke or another mixer? Expanding my horizons Let’s see how that goes….
That’s been my wife’s drink for about 6 years now. Silver tequila and diet. I haven’t drank in over 12 years and I still cringe every time she orders it.
23 year old Pappy Van Winkle old fashioned? Hell yeah.
I turned my 3rd bay in my garage in to a legit gym. Been getting back in to shape. I also love the taste of fresh squeezed orange juice. So I’ll buy oranges by the case to make my OJ. Grew up on frozen from concentrate, and the fresh is my guilty pleasure. As for my wealth, I don’t flaunt it. I buy my clothes at target or old navy for the most part. A few nice suits when the need arises. But I hate paying more than $10-$15 for a piece of every day wear. Let your wealth talk quietly. No reason to show off
Yeah, than everyone around you wonders “How does he go on so many vacations”.
I just tell them I’m traveling for work and that work pays for it. They don’t need my specifics.
"Work pays for it," is technically correct if you're using your paycheck for it.
We did that in our second bay garage in the first house we bought. It was so nice just walking out into the garage to work out instead of driving to post to work out instead.
Russian manicures. It’s a very small simple thing that has a huge impact on how I feel, so for that it’s worth every penny.
That sounds like how Putin is planning on killing a journalist.
Is that the method of gaslighting you into believing you also got a pedicure?
I got into doing my own nails during covid... it's meditative like building a ship in a bottle. And you can do one hand, then go to bed and so the other in the morning. Or start at 10pm etc unlike a salon.
Watches and cars. I have spent stupid money on both.
I do love a good watch... any maker you recommend?
Too many to list. Depends on what you like really. Panerai has some cool watches. I’ve got a carbotech on the way. I had a strap made for it from purple raptor and blue cayman. Cost 3k just for the strap. The watch is around 13 I think. I have a few Rolexes but they were the first ones I bought. Not really a Rolex guy. I have a Patek Philippe 5711 I really enjoy. Vacheron constantin is a favorite as well. I’m thinking I need an A Lange and sohne next. Glasshutte is great as well. Truly too many to list. I love Louis Vuitton stuff too. I’m a big shoe nerd.
I usually just get a bagel and cinnamon roll from Panera
I can’t do Panera anymore. I hit horrible food poisoning that put me in the hospital from their Italian sandwich. Can’t even look at it now.
Which is ironic bc Panera is just over priced hospital food to begin with
While listening to Pantera
Vacheron
Anything that makes my life slightly easier…cleaner, fast pass, same day service, delivery, etc. Also, luxury sheets and towels I too suffered from being a tad miserly, but once I got really nice sheets, it kind of clicked for me that (at least some) money is to be spent!
What sheets do you recommend?
What surprised you most about the good sheets? What is the difference? I have heard this before about nice sheets and it’s hard to imagine spending money on expensive sheets. Aren’t they just sheets?!
It just feels better. Way more breathable. My skin feels better. Softer, hold color better, look gorgeous. I love getting in bed, especially after spending anytime away.
Ok you have convinced me. I am getting some sheets lol
You won’t be disappointed!
You won’t be disappointed!
You can find me in r/artcollecting - yes, fine art is not a necessity, but well-off people do buy it.
This is something I'd never considered, but its absolutely intriguing.. We've all heard of Picasso, Van Gogh, Rembrandt... but could you name a few Artists who are well regarded in the /r/artcollecting community but the majority of us may not know? Thanks!
I also collect a bit of emerging artist art (under $5k). It starts with visiting a few small local galleries in your area to get familiar with lesser known artists and there’s also websites like Artsy where you can check out art
You can check out my posts about Emile Gruppe and Eric Sloane. You can buy very nice works for under $10K. Both Gruppe and Sloane were fine artists, but they were also very prolific and produced hundreds of works a year for decades.
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Day care for my dog, a couple days a week. Sure, he could stay home but playing with other dogs makes him so happy and it really is good for him. I don’t care if people think I’m weird for sending him there.
I have been seriously considering this. My elderly dog passed away in February and my 4 year old dog no longer has interactions with other dogs. We aren’t mentally ready to bring another dog into our home so I have considered this as an option.
It's worth looking into. My dog has so much fun there and then he's nice and tired when he comes home. I just love seeing how happy he is when he plays with other dogs.
This is gonna sound boring, but eating out every single day, pretty much every meal. Not even anything fancy, but I love it.
It’s not boring it’s just what you like. I drove 2.5 hours to my favorite diner just because 2 weeks ago. Spent the night and then ate there again, then drove home 😂 Total waste of resources or was it, it brought me joy.
It’s like a mini vacation! I hop on my moto and drive few hours over to a random town and just spend the day like a normie, eat at the local pub and enjoy the near by nature. I’m also spoiled living in California, few hours any direction is vastly different and beautiful all the same
California is an amazing place. I’m a native of central California. Do you, do it without gps telling you where to go? That’s kinda my favorite part. Just getting “lost”. Haha normie, we are all normie some of us just have more zeros.
I don't want to cook anymore. I think if I were single it might be cost effective.
Yeah, my dream. But…in a practical standpoint, impossible. 😂
I usually splurge on my friends. If one of them needs something, I will pick it up no questions asked. Possessions do not give joy. Also, a yacht is a floating liability. Have you done the math on the upkeep? It’s astronomical.
Heart of gold 🙏🏻
I'm not rich yet but I do this too! My friends are my family and I hate to see them struggle with something I can fix with money.
Good job, keep it up
If I had yacht money, I’d put my friends on it and go pretend to be bougie pirates
Until you get robbed by actual pirates
This is the fun part. My close were friends were struggling after Covid and expecting their first child. I asked them to send the link to their baby registry so I could get them something nice. I looked through all the items on their registry and eventually just said "Fuck it. I'll buy all." I bought them literally every item on their registry and it was the best part of my month.
Same. Me and my friends grew up in poverty and I gotta repay their mommas for all the times they made me dinner while my parents were out getting wasted
\*astronautical
If you ever need a new friend, let me know!
Yes and yes. Love giving friends things. I've also loved the yachts I've owned but they are true money pits that will absorb any amount of money that you throw at them. And they continue to depreciate the entire time.
Hotels and flights.
Books. The only time I feel stress free and the most like myself, is when I'm reading.
Yes! This is one of my splurges as well. E-readers are nice, but nothing beats the happiness that comes from holding a new book in my hands and adding it to my shelf. Even better if its hardcover.
😭 This is beautiful and incredibly relatable. When I became wealthy, this was my liberation from the scarcity mindset. Buying as many books as I wanted - any one I see.
This will be my answer when I'm rich 😁👍🏻
I buy very nice colognes, candles and laundry detergent for blankets and linens.
What’s a nice laundry detergent ?
[This detergent](https://a.co/d/0fRlE3PJ) will change your life. I got a small sample for Christmas as a stocking stuffer and didn't think much about it, but then I used it. The first party I went to after I used it I was bombarded by compliments; I literally got double digit compliments about how good I smelled. Once I realized it was because of my detergent I knew I would never go back. Spending $70 on detergent seems absurd until you experience how fun it is to smell fantastic. Try out the $10, 4 oz mini-bottle, go to a social gathering and I promise you'll buy it for the rest of your life.
This. Definitely this. I appreciate, deeply, designer perfumes, shampoos, detergents, air fresheners. Everything in life feels wonderful when things smell wonderful. I always get a serotonin boost when I catch the smell of fresh laundry or a diffuser in passing.
I’m a single woman and haven’t had sex in years but get Brazilian waxes like clock work. I do it for me, myself, and I and it’s always the best money I spend every month.
If you can take the pain of waxing you should try laser.
wanna meet up
Expensive cars, watches, golf, resorts, anything to improve my physical and mental health
Private aviation
Relaxing and not worrying about anything. So right back to freedom of time. It took me a while to learn this. It’s such a simple concept and pleasure. at my core I’m just a simple person. If we are talking about money, wandering (traveling) ever had the time freedom and resources to just wake up in the morning, pack a bag, leave and wander. Not planned just because. coming back home is not as fun. But I do love it.
That sounds amazing. Just pack a bag and head out on an adventure!
Travel, I always spend a lot when I do travel on nice hotels and amenities. Watches, I have a couple Rolexes and Breitlings. Cars, between the daily drivers, sports cars, and project cars, I'm probably 500k into my cars but will be selling one for 100k to buy an older 911 as a track car. My dream ride was always a f430 6spd convertible, which I have. I dont see the point in owning multiple exotics as it's just a waste and more to maintain, which is a pain. I also like to rent exotics when I'm on vacation to try out something new. Escorts are also fun. I have money, but not a lot of time, I'd rather pay a beautiful woman for her short-term company than waste time on various apps and sites. A bender in Vegas with a 10/10 21 year old is a good time. I cut back on clothes. I wear nice, durable business casual clothing, but nothing too crazy. I don't care for designer labels at all. I also downsized the home into an older one and hired help to maintain it. Some of my rental properties are nicer than my own residence, but housing is such a money pit... I'm not a social guy at all and never invite guests or host parties, so it doesn't make sense to have 2-3m tied up in a house.
You had me till the 21 yr old. Jeez dude
Young beautiful women and older men with money have been a pairing since the dawn of time. I know more men who see escorts or have sugarbabies than those who don't. Wealthy businessmen, musicians, actors, athletes, royalty, you name it, do it, and flaunt it. Leo Dicaprio openly parades young models on his boat, but that boat would be empty if he didn't have $. You don't even need much money to play the game. When you're older, under a lot of stress and pressure, and a bit too caught up in the hustle and bustle, the presence of a young beautiful woman who is carefree, happy, optimistic, and naive is very refreshing and relaxing, just like how she feels pampered and cared for with an accomplished older man with excess resources; it's an escape that is consensual and mutually beneficial, and well worth the cost. That being said a long-term relationship for me wouldn't be about money. I don't see the logic behind paying someone to be your wife unless you were very lonely and miserable.
I get that reasoning of course. But idc if the entire world was doing it… I’d still think it’s not great. There’s one perspective that you’ve said, and there’s another perspective of the young woman who doesn’t really know what she’s doing and the older man who does. It’s a plus for him and majority of the time he’s taking advantage w/o her even knowing. Listen I’m not a prude in any way, shape, or form, i just feel weird on this one… especially the bender part.
yeesh. i’d rather have my kind of money and a loving relationship than your kind of money and have to pay for the façade of one
Travel. We travel 4 times a year, roughly 11 days a trip.
Vacation house
Nice! Do you Airbnb it out when not there?
Weekend getaways. Road tripping with overnight stays. Remote work from new places in AirBNB. It costs but so worth it.
I spend money on hobbies. I have all kinds of paints, pencils, pastels, different types of paper, brushes, all kinds of stuff. Most recently we were given some wooden outdoor furniture that's in good condition but needs to be sanded and stained. I bought a bunch of traditional wood stains and Unicorn Spit and I'm in the process of sanding it all down, taping it off and I got pretty eager and started staining one of the pieces. I don't go out anymore, I have problems with large amounts of people (fuck you Covid) and can't handle crowds of any kind. I don't buy clothes, I work from home. I spend money on bills and art stuff. I will occasionally get a massage but it's every other month or so.
I tried to make a massage a weekly thing, it loses it’s affect when done that often imo. Best to have allowed enough build up for one
A personal trainer. I would never be consistent working out without one.
I buy the fancy eggs. They are unnecessary but so much better.
Hell yeah. Nellie's cage free for us!
Rare plants. I have spent stupid amounts of money on plants
Thai Constellation is just the gateway drug.
Botox and $280 on my hair
Travel 1st Class
Guns...always Guns
Husband get off Reddit 😝
Why spend money if you don't want to? That isn't miserly, that's wisdom. Most of the rich people I know are mostly frugal. Except "new money" people who throw money around just for kicks and attention. If there is something you \*want\* to splurge on and you can, then go for it. But don't go looking for ways to spend money if you are content with your lifestyle.
The peace of mind to not worry because you have the money if you need it is glorious. Between now and old age, who knows what you might need. New roof, no sweat. I know I could get a mouth full of implants instead of false teeth. The list is endless. If that's what makes me content, thats all that's important.
New money - Gross! Reminds me of pickle ball. (Jk)
Just a little advice. I spent 30 years in a marriage with a “miserly” man. I was financially and emotionally abused without even realizing it. Finally realized if I was ever to be happy I had to get out. I tell you this not because of my present situation but because of his. He’s now an old man with all his money. He lives with his cat. He has no family memories to think back on or share with his only grandchild. Although his accomplishments for his community are well known and he is celebrated. Before it’s too late, buy a boat. Go skiing. Take trips with family or friends. Take someone for ice cream or lunch and let them order what they want with no eye rolls or guilt trips about the cost. I don’t know your personal situation but if you have or plan to start a family, learn to let go and spend that money on happy times and memories. Please update with a picture of your boat.
Boats cars four wheelers side by sides snowmobiles wave runners they all bring me lots of joy I do live on a lake tho and also have a cabin on a lake. I have found That I only need 3 sports cars tho because after that it gets kinda hard to use them all and they just sit. Owning boats is great unless it’s a yacht it’s better to rent those. When it comes to boats u need to be able to tow them easily or they can be a real pain. I retired by 30 soo I like to play alot
Username checks the fuck out! 👍
What did you do to retire at 30? Edit: Looked at your post history. Trading/stocks, nice. What was the big come up if you don’t mind me asking? I’ve dabbled but never made retirement money.
An old 66 Pontiac Tempest that me and my dad restored together when I was 14. It’s not a show car and never will be. But it’s more than a car to me.
Good thing it isn’t a 63 not to be confused with the 64 Buick Skylark.
The car that made these two, equal-length tire marks had positraction. You can't make these marks without positraction, which was not available on the '64 Buick Skylark!
There is no chance this comment ever gets enough upvotes
It’s 🫶🏻
My dad's first car as a kid was a 1964 GTO and he loves them to this day so I bought him one as a father son project for 4k that we have been restoring from the Frame up for the last 7 years and it's almost done. I would say it's probably worth 35K the way it sits and will probably be worth 50K when we're done. I just wish we had the original motor and transmission For the matching numbers. My dad does auto body work for a living so We had the ability to do a decent job And keep the cost down To parts, materials, ect... But sand blasting and stuff like Doing the wiring harness and motor Confusion things added a little bit on also.
I stopped spending on hair and nails. I saved $600/mo, $7200/yr. The more I spent the worse I felt about both. Especially nails. I could never get them perfect: I now simply refuse to care. I splurge on animal care. My cat cost $2-3K/mo when she was in end stages of her disease, and we opted to avoid kidney transplant bc she wasn’t a behavioral fit ($25K to start), but I’d wished we’d done dialysis sooner (iirc $2K/ea but I don’t remember for sure.), just hadn’t heard of it until she was too late.
A very good stylist and good skin care products. I'm worth it.
Fluff and fold. I can do my laundry in my building, but I'd rather not waste a day on my least favorite chore.
ridiculous etsy items related to stuff i enjoy. and buying old items that i suddenly become nostalgic for. random badass gifts for fiance and friends. im a good listener and i LOVE getting hyper specific gifts for people randomly.
Weed
Kids, I have 7
I spend on other people. I never splurge on myself. Im 38 and never been on vacation since I was 18. My underwear have holes in them and my clothes pretty much come from Walmart and discount stores. I enjoy helping people who need the help and buying stuff for people that they want but would never buy for themselves. I'm different though. I have really low self-esteem and don't feel like I deserve anything and helping people or Making other people happy as the only way I ever feel needed or wanted. There's been many times where I put so much of my funds toward helping other people or making other people happy that I've struggled myself. And I always tell people to pay it forward.
you sound really kind and considerate. hopefully the folk you've helped do pay it forward. and perhaps one day, you'll foster the high confidence/self-esteem/compassion you ought to have for yourself too
You do deserve nice things. As a person who has also struggled with self esteem I will share that leveling up your character really does set the stage for self worth. You don’t need fancy clothes or a lot of clothes but wearing good quality is a game changer, even better if you can afford to have them tailored. I’ve also found that learning new things interests me far more than material goods or touristy vacations. I see the money I spend on myself as a health/wellness investment. If I feel more confident I bring that to the table in everything I do, it ripples out into my work and community.
random trips on a random tuesday.
You forgot to say for tacos!
Golfing for me. Spend $100 on something we want for around the house, never. Drop $150 on greens fees and beers on a random Saturday for a round with the boys, don't even bat an eye
Electric Bike
Shoes. Shoes. More shoes.
Concert tickets. Not good seats, just a fcking lot of them and not just local
Bougie gym membership and personal training. I am much more consistent if there is someone I see every week and if I can work out in a nice place with long hours and lots of good equipment. Also, it has a beautiful outdoor pool in the summer.
I know it sounds stupid, but clothes. I’m not talking high brand names but definitely a quantity of clothes related items. If I’m feeling sad it makes me feel beautiful’
Personal trainer and personal yoga instructor. Is it a splurge if it’s my health?
I am that yoga 🧘♀️ instructor that travels to a client - he literally loves it and it helps his swing ⛳️ idk why more people don’t do it!
Old motorcycles
Travel, spending like 50-60k this year But will shop coupons for bogo organic chicken and house basics. I refuse to pay cvs price for toilet paper, Amazon all the way. Somethings are worth the money, some are not whatsoever.
Good olive oil.
High end handbags.
Cocain and Pu55y.... Why have just 1 splurge.
I am a divorced, 51 year old, executive, happily working 50+ hours a week. The best thing money can buy is a part time personal assistant. The goal is for him/her to run every errand and complete every task that would take up your time on the weekend as well as other, irregular items that pop up (such as booking vacations, organizing your library, whatever...) This would include managing other services such as laundry pick up, landscaping, cleaning people (if you don't have them do it), etc. You can pay between $25-$35 an hour for 10 hours a week and you will buy back so much time and free yourself from the frustration that comes with having to do things you hate. I am not a luxury brand type of person but I will always pay extra for service and to protect my free time. Just remember, don't hire someone you can't fire. A personal friend is not a great choice because ultimately, they will get involved in your personal business. Also, there are services such as "Care.com" and others that have these types of professionals pre-screened and organized for your review. That is how I found my first. Hope this helps.
Wow why have I never thought of this? This is genius, thanks for the tip!!
I splurged on a C8 Z06. Best purchase I've ever made in my life, it's such an amazing car.
Fuck yea.
Bourbon that I don't drink because I'm concerned I won't have it once it's gone. I just started this in the winter, but I go to the liquor store and buy a $35 bottle to drink and $100+ bottle to stash. I don't even have a shelf or bar to show them off or whatever... I'm just hoarding (or gifting them when appropriate.)
Drink it. You will realize it’s all the same shit and quit the nonsense.
I read something saying old whiskey had the best ROI of all investments last year if I’m not mistaken lol
Cowboy Action Shooting matches.
Top 100 golf courses in the world
Equinox gym membership
A very high end barber with an annual membership costs. I can get my haircut every week, massages, shoe shines, top shelf bar, espresso, coffee, shoe shines etc all included. It’s a HUGE networking place. The palm and forearm massages and the facial scrubs are ABSOLUTELY worth it for my mental health.
Ham Radio
Certain types of antiques are great fun to collect if you’re interested in purchasing something that maintains value/appreciates fairly reliably. Not to mention you feel like you’re always on a treasure hunt. Old license plates are my go-to, but the big money guys do old porcelain signs, coins, motorcycles, etc.
A racing level road bike with all the latest tech and features. A normal bike will probably keep me healthy just as well but riding an expensive bike that costs more than a car pushes me to go faster and further!
Weekly massage
Get a private pilots license. It’s a great learning experience, you will grow as a person, and meet all kinds of cool airport people. For the love of God though don’t buy an airplane.
Cinematography cameras and lenses for literally just filming friends and kids. Saving enormous raw files on a RAID setup that’ll still look amazing even when the kids are adults.
Massages
Bedsheets. Getting nice $1k bedsheets make all the difference. They are thick, soft, and never pill.
My wildcat granddaughters. If they want it, they get it. Except for that little pony. My son said, not going to happen.
high end food and wine
Track days exactly! I recently decided that my wife and I would like another EV so she told me anything I wanted. Well now, that gave me a lot of options in terms of exactly what I wanted. When the model s plaid came out, I said to my wife, "one day, just wait, one day". Then the track pack option came out. I had to wait 4 months for it but wow was it worth the weight. The next splurge on the vehicle will be a wrap that is ridiculously luminescent. I could pay for the paint but in the unlikely event I were to get rid of the car earlier than I wanted, I want something that will be easily removable. The only problem with taking a vehicle like this onto the track for extended time periods is not the battery at all. It's the brakes and not just the meaning the regenerative braking system alone but the actual physical brakes on this option. They are so incredibly expensive to replace, even simple pads, because everything is ceramic, has tons of sensors, and then you have to once again deal with the whole regenerative portion. I swear it's like a Porsche in terms of servicing costs. And if you need a new tire? Forget it. You can wait upwards of a month for one where I am.
Monthly 2- hour massages
From what I learned from my fellow wealthy friends as I was climbing up the economic, social and political ladder 🪜 I learned to eventually spend only up to 10% of my yearly income on my necessities and expenses and the remaining 90% on my investments/investment savings in order to generate long term wealth (it wasn’t easy in the beginning). From that wealth, I developed “two piles” of money streams 💵: 1) money to reinvest back into my capital investments💰to keep my wealth cycle growing and 2) my “play money 🤑“ that I utilize towards my expensive “toys and hobbies.” (To develop fiscal discipline, you need to have an emergency/entertainment fund so that you don’t become an “all work and no play” automan; we’re human beings and we need to have an outlet/outlets for our hard work 😓) In the beginning (especially when I was young and single) when I didn’t have lots of “play money,” I splurged on 1) Adult Actress Escorts (low 5x figures per FMTU weekend dates; at least 3x times a month), 2) MTG Commander Decks, 3) Legos, and 4) seldom occasional trips around the world 🗺️ (these were “little hobbies and little toys” that I splurged on; my “vices” that kept me wanting to earn more money - not my sole motivation, but a bonus one at that). As my capital investments started producing more and more money than I can count, I utilized my play money to splurge on: 1) my dream home (in a decent neighborhood; not a too ritzy one because I don’t want to pay too much in property taxes and water fees; my house expenses are now revenue neutral since I A) rented out my guesthouse to my Best Friend and his Girlfriend, B) rented out my guesthouse’s remaining empty bedrooms on AirBnb, C) rented out my 12x car elevator 🛗 garage (the remaining 10x spaces) to my neighbors [I don’t have expensive cars nor a car collection for my car - a 2004 Mercedes Benz with only 70k miles (which I bought when I was in the Army; I pay my secretary to drive me to and from work in her car, which my company bought at a steal) and my wife’s SUV - a 2018 BMW X3 (which is a pre-owned demo), D) installed solar panels that cover most of the costs of my utilities, and E) installed a mini-brewery that is managed by my Best Friend and and his Girlfriend (the same couple who rents my Guesthouse; thankfully, my real estate attorney was able to get my property rezoned as a mix-use property) that generates income to cover my house’s expenses (ie water fees, utility bills, property taxes, umbrella and property and disaster insurance policies, etc), 2) my dream vacation home (that I later learned to rent it out most of the calendar 📅 year to my wealthy friends, my neighbors and my friends’ neighbors, and my business partners and associates and my friends’ business associates - generating a steady revenue stream from loyal and returning patrons), 3) a small corporate jet 🛩️ which I only use for workcations with my investors and business partners and my employees (that I also learned to rent it out most of the calendar year), 4) a small yacht 🛥️ (also only for workcations and rented it out for most of the calendar year to generate income to cover the overhead costs and expenses like the crew’s salaries, food, booze, supplies and fuel, security, slip fees, yacht club dues, etc; Pro-Tip 😉- your yacht and jet purchase value should be no more than 10% of your total net worth, anything above that and you’ll end up like Nicholas Cage and Wesley Snipes running afoul of the IRS for back taxes and late fees and penalties and even prison - which snagged Snipes but Cage was able to avoid due to his family’s connections 😜), 5) learned to play golf after signing up at my local country club and started doing side bets with my peers (no more than a low 4x figures per tee time; at 3x times/week and no more than $10k/month), 6) after getting married I stopped seeing Adult Actress Escorts and started pampering my wife with her 2x/month “shop til she drops” trips in Vegas (because of the no sales tax; she can have fun shopping 🛍️ so long as there’s a mitigated cost factor💲- Yes, l taught my wife to learn to curb her old “impulse spending habits” by ensuring her splurging was within our budget, which she learned very quickly for she’s my CPA and corporate treasurer), 7) increased our world travel to at least 2x/quarter to the places where my wife wants to visit (once on our jet and once via business/first class), 8) as I started becoming more of an overseer than a CEO I kept up my splurging on MTG and Legos and started hitting the pro tour circuit indulging in my hobbies, 9) my life long dream 💭 is to have an opera box on both coasts as well as in London and in Paris and I started splurging on lobbying efforts to receive an appointment on the opera board of directors (another life long dream of mine), 10) splurged on my younger brother’s life long ambition of playing on/founding a Pro-Gamer Team which I funded for their League of Legends, StarCraft, and Counter Strike tournaments and their earnings are used to cover his team’s expenses, computers, and salaries so that its near revenue neutral 11) I started splurging on collecting vintage wines and champagnes that later led to co-owning three vineyards in Napa Valley, Italy 🇮🇹 and Monaco 🇲🇨, which revenues I continually use back towards splurging on my wine and champagne 🍾 collections with the aim of making the expenses revenue neutral, 12) shoes 👟👞 (I started a “mini-Imelda Marcos” collection, yet it pales in comparison to my wife’s own collection ROTFLMFAO 😝), 13) I started splurging on mine, my wife’s, my friends’, my business partners and associates, and my neighbors’ charities through my foundation, 14) though I don’t collect/spend money on expensive cars, I splurged on upcoming reservations for space tourism through Blue Origin, Virgin Galactic, and SpaceX. I’m on the long, long waiting list and I’ll eventually be blasting off to space sometime in 2027 (according to my pending space flight itineraries; subject to change since one can get bumped to a later space flight due to the competitive bidding wars for seats💺), Though the above list seems to be HUGE in terms of splurging, I can certainly guarantee everyone here that my “splurging” pales in comparison to my friends’ and my business partners’ and my neighbors’ scale of splurging. I’ve only been at it for the last seven 7️⃣ years whereas they’ve been at it for over twenty years (yeah, I was the very poor kid in my primary, secondary and post secondary classes growing up with very wealthy trust fund babies; thankfully 😅, my wealthy friends believed in me and kept me as their trusted confidant and steered me towards where I can find investors for my businesses to which I’ve been eternally grateful 🥹 for their steadfast support).
Your response was honest & informative. Thank you for that. I have always wondered how this amount of success is invested accordingly.
Flying first class. Trips to NY (from LA) purely as tourists Hotels in Midtown, near Central Park. Sedan service to/ from airports. PENS. Some luxury, others not - whatever catches my eye. BAGS. Am in a neverending search for the perfect EDC bag.
We pay someone to come in and clean the house for us because it is SO worth not having to spend our free on something that we both hate doing when we can be doing something fun. And there’s nothing like coming home on a Friday afternoon after work to a clean house knowing that you can just enjoy your weekend. Feels good, man.
Omg my pool. I thought I would love it. But it’s just a money pit and all it does is make my stepkids and grandkids want to come over everyday. I know. It’s a first world problem, people you love wanting to be around you. But I work 60 hours and I never enjoy it and sometimes I want to be alone
TIL the % of rich here us very low
Honey. Sugar causes inflammation in the body. Processed white sugar is cheap but it's horrible for you. Honey is comparatively expensive but doesn't cause nearly as much body inflammation.
How did this thread show up in my feed lol I def do not belong here but I had fun reading what the rich people consider fun!