When do you NOT care about money?

Depends on what your buying

$2 nail clippers are fine

I don’t cheap out on things like clothes , shoes , bikes

If it does the job

Really ask yourself what you want

One time, I impulsively dropped a bunch of money on pit tickets to see the Red Hot Chili Peppers. My wallet took a hit that day, but I walked out of the concert having had a blast and thinking it was worth every penny

Here's a thought experiment:

You can drive 10 minutes to buy an item for $10 in one state and $110 in another. Would you do it?

Now, would you also drive 10 minutes to buy an item for $9900 in one state vs $10000 in another?

If your answer isn't "yes" or "no" to both, you're acting irrationally.

being on a fixed income budget is interesting. If you know you have, say, $10,000 to spend every month then you can feel fine about not worrying about the costs of things, as long as you stay under that limit. If you are good at tracking expenses then it can be very liberating not to worry about the dollar cost of something...because you know your budget is sound and it's fine to spend up to it.

Contrast that to when you are young and gathering assets...when you know if you spend $500 on a fun weekend...that means when you are 67.. that weekend you just had will have cost you thousands in lost appreciation.

There's a perverse almost subversive pleasure to pinching pennies and driving a beater ass car while having significant and comfortable net worth. Ask Warren Buffett.

In the last 6 months I’ve eaten at 6 fixed menu restaurants ranging in price from $300-$600 per meal. Including wine pairing. I could very easily eat at cheaper restaurants.

The problem with this is that $500 weekend when you’re young will cost thousands in the future. So if you push that weekend back 40 years, you’re no better off. The only difference is when you’re young you can enjoy it. Ya know, you can stay out until 3-4am enjoying the area. When you’re 67, you’re going to bed at 9:30pm and miserable the whole time because all the young people are loud and full of energy. Plus you’ll probably be a little angry at yourself for skipping that fun weekend when you were 27 and waited until you’re 67. Ask any old person and they’ll tell you take that trip. Your health is also not guaranteed. You push your vacations back to save have a few extra thousands dollars in appreciation and if your health deteriorates to a point you can’t travel in retirement, then you literally wasted your life. All you did was work and save and never enjoyed it. Take the trip, my friends. Spend that money. There’s a lot of money to earn in this world. You just have to go out and grab it.

After I've had 15 drinks. But fortunately, I set limits within my bank before I drink so nothing catastrophic can ooccur. Also having majority of money locked, not readily available helps too.

Everything is considered based on % of monthly take home income. I do set a budget and strictly adhere to it for discretionary purchases. If I meet a friend for fancy brunch and drop $100 to pick up the tab, I don't sweat it because it's less than 1% of my monthly take home pay.

There was a time in my life where I was broke as a joke. Any purchase over $50 was painfully scrutinized and thought over. I think one of the incentives to improve your situation economically is so that you can spend less time agonizing over money, within reason. I live a pretty typical middle class lifestyle though and my hobbies are all pretty economic. I don't drink, don't travel, and I'm not living that 'instagram lifestyle' so there's some context behind the person providing this kind of answer.

I’m always looking for a deal, but I always pay extra for high quality groceries/ingredients.

That’s about it.

I am pretty tight with money, even though I am a 1%er. I splurge on helping people, things like giant tips, paying for someone’s groceries, donating to Gofundmes.

Can you help me out ? I have fallen on hard times since I lost my job

Here is the funniest thing. When I was young I admit I wanted nice things that money can buy and worked very hard so that I can have them later in life. Now that I am kind of there where I can afford most stuff, I have absolutely no interest in getting them. It won't make me not even an ounce happier. I guess I would splurge on good food. Sushi seems to be you have to pay up to get the real good stuff. Same for really good Italian food. Running stuff I am cheap on. I buy last years model mostly except I guess carbon plated shoes.

Well the obvious answer is "If the enjoyment, convenience, social benefits, etc. that I get from spending more than necessary on XYZ is worth it." For example, to me, paying an extra $100 or $200 for a non-stop flight where I can choose an aisle seat and depart and arrive at convenient times of day is somehow worth it.

There are all sorts of partial truths you can tell yourself to justify spending more money than necessary. Here are some common ones I fall for:

* Spending $10-$20 at a coffee shop is fine because if I'm hanging out there for 3 hours, it's like paying for an experience and there are social benefits to being out and about.

* Money spent on restaurants when on vacations isn't a real vacation expense, because you would be spending money on food back home anyways.

* My time and energy is worth a lot because I can invest it into career and return more money than I'd save by time-consuming and effort-consuming cost reductions in daily life. For example, if I pay someone to do my yardwork, that frees up my Saturday to finish up a project at work that will, in theory, get me a bigger bonus or a promotion.

I don’t care about money when it takes too much of my time to get whatever it is for cheaper.

I value my time now much more than I used to.

I had a moment of realization not long ago regarding the purchase of a high caliber drone.

I have the disposable income, storage space and on-going interest. But I could never pull the trigger because I dont NEED a drone. I just dont need it.

Some (several...okay, a long time) years ago, marketers for some class of electronics good had determined that $300 was the point at which most shoppers would balk at
making a discretionary purchase. That is, under $300 they make the
purchase; over $300, they go home to think it over. I wonder what
that number is today, accounting for inflation.

I always think about money. Always. What has changed for me is the interplay of affordability and value. Always looking for good value, but affordability has expanded that target field.

I'd probably never buy a $250 running jacket (or a $7.99 cookie, or $22 street tacos), but I probably wouldn't buy a $24.99 one on Amazon either. I might look for something in the $150 range, and try to find it on sale. I'd be looking at how frequently I'd use the item, how long I'd expect it to last, and how much I'd pay to replace it in future.

Right now, I actually have a drawer full of inexpensive ($15) Chinese-made running shirts that I won't wear another year, because they're too heavy, too hot, and saturate quickly without drying.

This year, I'll buy something a little more expensive ($35-40) that is lighter weight and quick-drying.

Always remember: cheap becomes expensive.

I'm willing to overspend on things I might consider a once-in-a-lifetime experience, like something related to travel.

Whenever you have the funds to make it rain on the hos.