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I'm with you. I hate debt and don't mess with it. My cars were all purchased in cash and I live well within my means. But I like to keep in mind not everyone is
by 4ntonius8lock 7y ago
I'm with you. I hate debt and don't mess with it. My cars were all purchased in cash and I live well within my means. But I like to keep in mind not everyone is in my position in life.
IF the couple has paid their student debt, and IF they own their cars and house outright, and IF they have 50 to 100x the price of the purchase in the bank as savings, I say enjoy your money. As long as you aren't putting yourself in a position to become a slave to your debts over silly shinny objects, great for you.
Otherwise, I don't think such extravagant spending outside of this scenario would not pass muster of any rational, analytic reasoning, say, a la 'Judge Judy' or 'Suze Orman' (as she appears on TV when not talking about issues where she has a conflict of interest, just her regular advice)