Posted by Tim Stobbs on February 5, 2009
You know what in personal finance blogs we tend to be a little over judgmental. We seemed to forget most PF bloggers are realistically freaks or oddities of nature. No one in the right mind is going to save 30% of their take home pay year in and year out for 20 years without a few screws missing. In my personal case, I know this. I value my future free time A LOT more than most other things. That’s not to say I don’t make some completely irrational spending decisions at times and spend money now, but mostly I’m saving for future spending.
So it was rather refreshing for me to read this post at a blog called Fabulously Broke. Basically the blogger points out after spending $550 on clothes while still paying off debt: it’s my life, my decision and I’m ok with it. To that I raise a glass in a toast: to your Way.
That in the point of all this is to find your Way. My Way won’t be your Way. That’s ok and actually in my case I would prefer you find your Way over mine. You see my Way works for my family and it tuned to the way I like things. I certain don’t expect you to love reading, have an compulsion to write and be so completed addicted to coffee that if you took it away from me I might cry. It works for me and I’m ok with it.
So when you hear someone who spends an insane amount of money on things, try not to judge if they pay cash. After all it is their money and people have different values. As long as you are not using credit to pay for your life I really can’t complain about you taking a trip, buying a car, or picking up a bottle of wine on the way home from work. It’s about having choice and being aware of the choice. I dislike automatic spending on things you didn’t even want, but if you know you really want it go ahead.
We only live life once. Find what works for you and don’t feel guilty about after reading these blogs. PF bloggers are not the average, so don’t compare yourself unless you feel it is valid to your life. So how about you, what do you spend money on that you never complain about or regret?