Trying lifestyle inflation. Need to spend more.

Simple living, extreme early retirement, being wealthy, ...
suomalainen
Posts: 727
Joined: Sat Oct 18, 2014 12:49 pm

Re: Trying lifestyle inflation. Need to spend more.

Post by suomalainen »

Bankai wrote:
Wed Jun 12, 2019 12:42 pm
outsource all of that and enjoy your free time with family
See, people say this shit all the time, but it must come from a place of scarcity. But what if OP isn't in a place of scarcity? Some people would actually do anything to see LESS of their family. See, e.g., financial samurai. Marginal utility and all. The trick is that you can embrace marginal utility even before you get sick of your family.

Anyway, @OP, so, you have too much money, good for you. Why don't you just stop thinking about it? Spend it, bury it, burn it, shit on it, who gives a fuck? Your marginal utility is zero. But let's be clear about the subject of this marginal utility - the zero marginal utility relates to thinking about what to do with this tool that you've been fondling for years (i.e., money). That means...time to move on. There are other things to watch than financial porn. Here's what you do, in the order that you do them:

1) Do the things you already know you enjoy up to the amount that you still enjoy them (including family).
2) With the remaining time, try something new you've always wanted to try.
3) If no burning desires, try something new. Anything. It doesn't matter. You're a bored monkey and you need stimulation. So stimulate.
4) If you don't feel like doing any of the above, do nothing.
5) When you get tired of doing nothing, or get tired of doing something, go back to step 1.
6) The only way to break this loop is to die.

I call this your personal-life-satisfaction-efficient-frontier (TM). Catchy name, I know.
johnC64 wrote:
Fri Jun 07, 2019 9:13 am
I have these opposite feelings of need to make use of the forever idle money and of not knowing how to do it. It is like my frugality is working against me. I am not talking about spending a little bit more occasionally, let's say I would like to double it indefinitely to have peace of mind.
You don't need to do anything with your money to have peace of mind. Just stare at that so-called "feeling of need", give it its space and watch it disappear of its own accord. At this point your money is in control of you rather than the other way around. Which is...ironic? sad?

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