[linster]

I think luxury goods, and the privilege of living within your means, is to be able to buy goods and instantly depreciate them.

I buy electronics equipment, computers, furniture, clothes, and cars with the mindset I will be the last owner of them, and they will have no resale value.

“I bought this, and I will assume it’s instantly worthless”

It keeps me from buying the same thing twice and causes me to save up for the thing I really want, and keep it for as long as possible. It also lets me be picky about my preferences and really scope out exactly what I want on a relaxed timeframe.

Perhaps it’s a side effect of growing up with hand me downs, and knowing anything our family owned was one step to junk, but it does keep spending in check now that I am doing okay in my career.