What do you spend your money on?

Discussion in 'Investor Psychology & Mindset' started by Ouga, 21st Feb, 2017.

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  1. Timmyd02

    Timmyd02 Active Member

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    I happily spent money on enjoying life.

    Overseas trip every year (not extravagant trips though)
    4wd touring trip somewhere in oz every year
    Cars - 4wd for work/touring and other cars
    Motorbikes. Me and the wife
    Eating out
    Entertainment-theatre, shows, events
    I earn it to enjoy it... hopefully in a few years I can ease up on work to have more time to enjoy also
     
  2. chindonly

    chindonly Well-Known Member

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    Quality power tools, pre-decimal coins and BJJ training.
     
  3. hobo

    hobo Well-Known Member

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    I have heard a few people say "overseas trips - but not expensive ones". Can I please ask what your version of that is? (ie what countries, for how long?) I'm trying to plan our future overseas family holidays (real AND fantasy) and I can't find any really "cheap" ones yet.... :(
     
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  4. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    loaded question

    for some 2000 a day is 'cheap"

    ta

    rolf
     
  5. hobo

    hobo Well-Known Member

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    @Rolf Latham Not meant to be a loaded question but yes, agree many people will have varied answers. Interested to hear a few different variations. :)
     
  6. DaveM

    DaveM Well-Known Member

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    My pets
    My fitness
    My cars
    The charities I support
    Now.. my acres of land which are crying out to be tamed after years of being let go. Getting there slowly but surely
     
  7. legallyblonde

    legallyblonde Well-Known Member

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    My Thailand holiday was 450 rtn for flights. Hotels averaged about 32 a night.. split two ways. Going crazy with good was about 25-30 a day each ( but it would have been cheaper if we ate more locally). Transport maybe 10 a day. Mostly just walked around to experience local life and ATE a lot! Few paid experiences too!
     
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  8. Timmyd02

    Timmyd02 Active Member

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    I say not extravagant trips, we don't fly first or business class, we don't stay in fancy 5 star hotels or eat at 5 star restaurants.
     
  9. josh123

    josh123 Well-Known Member

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    I think cruising is the way to go. We are thinking of booking one soon for the July school hoildays to the south pacific again. With kids I think it's the best way to holiday.
     
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  10. Jess Peletier

    Jess Peletier Mortgage Broker & Finance Strategy, Aus Wide! Business Member

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    We took the family to Indonesia for 3 weeks recently - accomodation was the most expensive thing but we weren't backpacking. I think we spent around $6k all up for the 3 weeks including flights which I consider cheap for an OS trip for 5 people.
     
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  11. strongy1986

    strongy1986 Well-Known Member

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    When going to vietnam/ cambodia / thailand your really only expenses is the flights and accomodation. So $700 per person (if from southern states) + $30 - $50 for good accomodation (2 people)
    The rest is basically the same as what you would in a week in Aus. You get a free breakfast normally at the hotel. Then you buy lunch and dinner +drinks you are probably looking at $20 each for the day. $30 if you go to a nicer places. So about $150 for the week each

    So really its about $70 per head a day (flights +accom/ 14 days) + tours or travel which are normally $10-$20 per person
    thats pretty cheap i reckon
     
  12. strongy1986

    strongy1986 Well-Known Member

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    I would spend most of my excess money if not all of it on my sailing boat/ trips away to regattas. Funnily enough i spend a lot on beer as well. The two seem to go hand in hand.
    Good fun, great memories, leaves me a bit poor most of the time but its worth it.
     
  13. Cimbom

    Cimbom Well-Known Member

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    Our big Europe trip came to $100/person per day just over two years ago. That was including everything - flights, hotel, internal train/plane tickets, spending and food :)
     
  14. strongy1986

    strongy1986 Well-Known Member

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    Yeah europe can be very cheap too but also very expensive. I think your lucuries in asia with 100 per day would be far higher
     
  15. Cimbom

    Cimbom Well-Known Member

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    I'm not so sure. The big cost saving with Asia seems to be the flights to get there. The rest of the savings are pretty marginal, especially for short trips. It would probably add up if it was a really long stay.

    For our budget we got ~3 star hotels (private room/bathroom - many with breakfast), ate out for every meal, went hot air ballooning in Turkey, got tickets to see Barcelona play, went to the theatre and other shows in London, etc. Did lots of tours and day trips. The main thing our budget didn't allow for was a lot of shopping but there's always next time :p