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Maybe "not a lot of money" was a bit misleading. It really depends on what you want to achieve. I agree that it feels like a lot of money for spending it on a g
by pgsimp 6y ago
Maybe "not a lot of money" was a bit misleading. It really depends on what you want to achieve. I agree that it feels like a lot of money for spending it on a gaming PC (I have the same debate with myself). But since you are a head of something, you probably know how much it costs to hire people to get anything done. So 1000$ does not seem like a lot for investing in a project, for example - even if you don't pay any money for anything, you'll rake up 1000$ in opportunity costs quickly.
If you want to achieve anything, you'll need a lot more than 1000$, so in relation to that 1000$ seems little. And I don't just mean for projects, but in general, if you want to change things in your life (get an education, have kids, whatever).
And it also is not a lot in terms of how much money people need and earn. I think most people will spend more than 1000$ on rent, food clothing and so on every month. Especially if you have children.
I wouldn't spend 1000$ every day just like that, but I would spend it for special occasions (like going on holidays).