When I was younger, I used to "save" my best purchases to use sparingly so that they would last a long time. I also did that with my kids when bought them new toys. I realize now that was a bad strategy. I've now switch to using the best stuff, as soon as I purchase it.
Here are my reasons:
- Things get worse when not being used.
- I forget about things being saved and don't use them for years.
- Kids out grow things quickly.
- As I get older, I have lots of things saved, but not used much.
My philosophy now is to use the good stuff as much and as fast possible. That goes for clothing, tools, food, special items and amenities. Enjoy all my stuff, before it goes bad or I get too old to enjoy using them. My first move is to regularly wear all the special t-shirts from the vacation spots we visited, the city wide events I organized, and the gifts from my kids and spouse.
This is not financial advice. Please consult a professional advisor.
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