Sharing Daily Discoveries About Personal Finance And Business Topics

Once In A Lifetime Spending Mentality

So I was reading a story today that there was recently this celebrity breakup where the couple had been married for only about two months and they already filed for divorce. What stuck out to me was how their wedding was apparently over sixteen million dollars and to have the relationship end so fast it probably makes you think about it. But in general things like weddings are usually what people justify in spending a lot on even if they can’t afford all the glamor as it is a once in a lifetime event.

I usually hear reasons such as you only live once anyways and what if you all of a sudden disappear tomorrow as all your saved money will go to waste. I usually find reasons like that a little too lopsided as in contrast it would be like me saying what if you live to be 120 years old and for that one day you splurged it will result in you working the rest of your remaining years to pay that off?

Maybe it’s just me, but I always think about the future and with the event in question what you really want in the end usually doesn’t cost that much. Afterwards when you are spending money to make the event better it is more to enhance it rather than it being the main highlight, so to speak. Example, in my mind there is a difference between buying some good quality wedding clothes to look your best that day versus buying say super expensive stuff that you can’t really afford where people focus more on that.

Leave a Reply

Your email address will not be published. Required fields are marked *