
Love how a £3k sailing boat is now a gateway drug to piracy.
Obviously having money opens up options etc, but there's a vast difference to being wealthy from an inheritance or something vs killing yourself working 70 80 however many hours a week to make big money.
If you dont have the time or energy to enjoy what you have earned is it worth it? Yes you can think you are setting up your family for the long run but as someone said lifestyle creep more often than not sets in.
Having money is better than not having money, but you don't need lots of money to get by.
I like to buy things, but I also like to use the things I buy and get value for money out of them. Tech devices (which a lot of us here probably spend a bit on) aren't cheap, but they last so much longer than they used to.
A flagship phone bought today is good for 2-3 years minimum, a new PC bought today can probably do 5+ years, maybe with a GPU update mid-cycle if playing high fidelity games. A new TV will last for years as well, my 2016 model OLED I relegated to the bedroom still looks great to this day.
I'd say that I am at a point where I can't really justify spending lots of my budget on new tech devices now, I've done most of the home related stuff I wanted to do with the exception of the garden, so I'll be saving up towards doing that for next year probably.
After that it's just overpaying the mortgage and things, whilst nice and does reduce debt, will not get me better interest rates due to being on the 60% LTV band anyway.
My car isn't used that much so I have an older VW polo that still runs, no reason to change it as fully paid off, don't want to join the HPV crew with a largeish monthly outgoing for a car I barely drive.
I am definitely hitting that wall that a lot of us have probably hit, where buying new stuff is nice, but it's also not really necessary, and you don't feel as big of an impact as you would have done years ago.