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Learning, Sharing, and Teaching => Investor Alley => Topic started by: Stachesquatch on June 24, 2014, 07:53:30 PM

Title: Decided to Spend with Reckless Abandon - Mustachian Style
Post by: Stachesquatch on June 24, 2014, 07:53:30 PM
This all started yesterday- found a link to a major office supply store discount from a website that specializes in consolidating 'great deals' to be found on the web.  I had a $170 office chair on sale for $49.99 in the shopping cart and applied the 25% off 1 item coupon code and then...

Stopped myself.  My wife and I live in a university town (city really, but when you just moved from NYC other places feel like towns...) and there are gobstacks of abandoned and almost free ($5-$10) furniture for the picking annually when the students move out at the end of the school year. So no need to buy a new one now despite the 'great deal'.

I decided to spend the money anyway.  Somewhere in my mind I'd committed to spending on the chair, at least committed enough to choose a slick vinyl throne with 4.5 star reviews and put it in an online shopping cart with coupon applied.  So to follow through with that commitment to spend - VTSAX has a $100 minimum reinvest, so I logged in, put an transfer order in to pull $100 from my checking account in to Vanguard and will invest it instead.  I plan to strongly scrutinize all future spending ideas, and if I am 'serious' about spending on something and then am able to back out I will put the money in my investments instead. 

Nosce te ipsum - I know myself well enough to know that this will work very well with me.  I'm considering 'buying' ($400 at Vanguard of course!) the Bowers and Wilkins P7's that I looked closely at last week despite the fact that I have their very nice C5 headphones... 

Just talked myself in to it!   Not going to think about those P7's again, making the $400 order to add to VTSAX now.  Spending with reckless abandon may turn out to be profitable after all!
Title: Re: Decided to Spend with Reckless Abandon - Mustachian Style
Post by: englyn on June 24, 2014, 08:52:14 PM
Very nice!
Title: Re: Decided to Spend with Reckless Abandon - Mustachian Style
Post by: milesdividendmd on June 24, 2014, 09:04:29 PM
Way to splurge on your own freedom.  I'm a bit of a conspicuous consumer of the same commodity.

Chairs break.  Does freedom?
Title: Re: Decided to Spend with Reckless Abandon - Mustachian Style
Post by: waltworks on June 25, 2014, 12:31:29 AM
Office chair? Stand up, man, lest I punch you in the face!

Seriously, your feet will hurt for a day or two, then you'll feel awesome from not sitting on your ass. An old milk crate is about tall enough to put your laptop at a nice height.

Kudos on the splurge!

-W
Title: Re: Decided to Spend with Reckless Abandon - Mustachian Style
Post by: GGNoob on June 25, 2014, 09:38:16 AM
Office chair? Stand up, man, lest I punch you in the face!

Seriously, your feet will hurt for a day or two, then you'll feel awesome from not sitting on your ass. An old milk crate is about tall enough to put your laptop at a nice height.

Kudos on the splurge!

-W

My work just bought stand up desks for us and yesterday was my first day. Feet hurt, knees hurt a bit, and my lower back hurts more than usual. But everything I've read about standing says you may be in pain the first week, but you'll feel much better in the long run. Looking forward to those benefits.

This morning while talking about stand up desks, somebody mentioned how he just hated his chair at work so standing up was better than sitting down for that reason alone. He mentioned his computer chair at home cost over $1,000! Insane...

To the OP, I've done that before too. If you were committed enough to that money to waste it on something you don't need, then you may as well invest it when you stop yourself from wasting the money.