Comments on: What do you NOT care about spending money on?

By: Prioritization @ Shultice Financial

Prioritization @ Shultice Financial — Mon, 28 Sep 2009 12:36:42 +0000

[...] things that we value, but that’s only half the equation. We must also identify what we don’t care about. This can be tougher, because it involves conceding that we must cut back in some ways in order to [...]

By: Car People are Misunderstood. « Cars x Girl

Car People are Misunderstood. « Cars x Girl — Mon, 31 Aug 2009 12:35:33 +0000

[...] post here really kicked this off, to be honest. I’m not saying anyone is wrong for citing sports cars [...]

By: marci

marci — Mon, 24 Aug 2009 22:36:33 +0000

I don’t care where I get my clothes as long as they are good quality and my style. I enjoy saving money on makeup so I rarely spend big bucks on fancy makeup. I also drive a Honda, bought it a year used with a great carfax report and LOVE it. The only thing I’d change about my Honda Civic is the power – I’d rather have a V-6 engine. Things that DO matter to me are fairly cheap anyway, like getting the Heinz brand of ketchup instead of generic brand (since I love ketchup and can taste the difference).

By: Cut it Out « Dancing Through the Recession

Cut it Out « Dancing Through the Recession — Sun, 23 Aug 2009 00:38:19 +0000

[...] a break-it-down approach to personal finance, but everyone should check one of his recent articles, “What Do You NOT Care About Spending Money On?” I’ve talked before about prioritizing your dance expenses – or even whether dance [...]

By: Penelope51

Penelope51 — Tue, 18 Aug 2009 21:50:09 +0000

Totally right on this, Ramit. I DON’T care about clothes (as long as they are well made), make-up (ugh, I’m not a girly-girl) or flashy cars. (We have a Honda, too! 1996 model, paid for and runs fine, thanks.) I get books and DVD’s from the library. I spend money on what I enjoy- my garden (vegetables are so good from my own garden and the peace I find in growing things is worth more than I can say!), good food, my house, my husband. Saving up for retirement and travel is also important.

By: Jenny A

Jenny A — Tue, 18 Aug 2009 18:54:03 +0000

This “value based” spending is in the heart of book: Your Money of Your Life. The simple fact is that we cannot have everything in life (and we shouldn’t anyway, as it’s just not sustainable and more doesn’t mean more happiness/satisfaction).

In my case, I don’t care about expensive and brand name clothes (I dress nicely though – through discounters like Marshalls/TJ Maxx). However, I will not blink an eye when spending at Whole Foods or splurging on a nice hotel/resort. But that’s just me. I’m sure there are others who won’t care for what I spend for, but that’s the beauty of it. There’s not right or wrong when it comes to what you value, it’s just different from person to person.

By: Belinda Meyer

Belinda Meyer — Mon, 17 Aug 2009 10:44:38 +0000

I find it interesting how people judge others by their home, car, vacations etc. I once told someone we didn’t have pay TV and he said, “I didn’t think you are that poor!” Many people feel worthy by owning all the stuff. I guess the media has trained us that way.

By: kelly

kelly — Fri, 14 Aug 2009 19:45:54 +0000

“Really, if it isn’t free, I don’t need it. ”

Maybe that’s why you’re AtHomeWithTheParents? I don’t get why you would necessarily value free above quality in every situation. A “free” car that’s 27 years old and breaks down regularly is a worse value than a $5k used car that uses less oil, gas and maintenance. What about a free magazine subscription that you’ll never read and ends up as clutter? A subscription you pay for and learn from is a better value.

All arguing about organic food and Kraft cheese aside, it’s a question of personal value. The entire POINT is that that will be different for every person.

By: Ramit Sethi

Ramit Sethi — Thu, 13 Aug 2009 21:31:13 +0000

I don't understand that philosophy -- "if it isn't free, I don't need it." What if premium content is worth 100x or 1,000x the free content? Do you not see the virtue in paying for value?

By: AtHomeWithTheParents

AtHomeWithTheParents — Thu, 13 Aug 2009 20:22:44 +0000

I won’t spend money on online subscriptions to websites. Really, if it isn’t free, I don’t need it.

I have no problem spending money on film. Yes, I know you can take ten bajillion shots with your digital camera. No, I don’t care. I’m keeping my film cameras and will feed them film and processing long after your $10K electronic gizmos are broken or obsolete.