Do you buy more things because you can afford it?

Larry Janesky: Think Daily

It would be nice to have this.  It would be cool to have that.  But every possession is a responsibility.

You have to house it, store it, clean it, change the oil in it, pay tax on it, mow it, roof it, maintain it, find a place for it, look at it until you throw it out, etc.

When we are starting out in life we need to get a car, and then a nicer car, and then a house and a second car, and some furniture, ….

But at some point we have to shift from buying things because we can, to asking “Do I need this/want this bad enough, and will I still need/want it tomorrow?”

Saying “yes, I could, but no” is ok. 

A simpler life is not a bad thing, in many ways.

Tom Woodford

I love this one, I have thought I was a bit off (compared with others) when thinking that “I don’t own the stuff, the stuff owns me”…..

Willis Ponds

I loved this segment, you and I think a lot alike on the subject. I’m not into buying luxuries but more like to buy assets. If I buy something I want it to produce something for me, employ someone, provide a service to someone or some other productive use. I don’t see the point in buying “trophies” and having them sit around as a liability. I say put it to good use or pass it to someone else who will.

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