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Re:Price shocks in formative years scar consumption for life by throwaway98797 on Wednesday June 15, 2022 @08:59AM (#31752240)
Had this problem

Easy solution

take a few hundred from the bank and physical set it on fire

keep doing it until you don’t care

it’s illegal but it works

Re:Price shocks in formative years scar consumption for life by ChuckNorris89 on Wednesday June 15, 2022 @09:01AM (#31752258)
>take a few hundred from the bank and physical set it on fire keep doing it until you don’t care

That sounds bad. Why not give it to a homeless guy or to charity or something?

>it’s illegal

Honestly, the central banks can go to hell. They can print way more money than you can ever burn, which they do, even far too much of it, bringing us to where we are today.

Re:Price shocks in formative years scar consumption for life by olddustytrail on Wednesday June 15, 2022 @02:08PM (#31756883)
You are simultaneously saying that destroying money is a bad thing and that creating money is a bad thing.

There is no "natural" amount of money.

Re:Price shocks in formative years scar consumption for life by throwaway98797 on Wednesday June 15, 2022 @09:33PM (#31761618)
it needs to be a total loss

there can’t be any value

Re:Price shocks in formative years scar consumption for life by blackoil on Wednesday June 15, 2022 @09:40AM (#31752718)
Better approach that I am trying is try to buy luxury version whenever I need something. Broke a plate, buy one from boutique ceramic shop. Need some glasses sure a high end crystal. Though on counter side, be really sure that you are rich before trying to act like one.
Re:Price shocks in formative years scar consumption for life by phil21 on Wednesday June 15, 2022 @12:11PM (#31755181)
This is very similar to how I tried (am trying?) to evolve my spending, usually having the impulse to buy something now before it become scarce or buy the cheapest possible thing to get the task done in the moment.

These days I realize I have nearly everything I need, so if I'm buying something I figure I can't really afford it unless I'm getting the "best" out there. Best for me means researching the best performing/quality/etc. item in the category. If I'm replacing a broken item I also take the opportunity to upgrade.

For example I needed a carpet shampoo cleaner recently. Instead of heading to Walmart to buy whatever consumer gear was slapped on the shelf, I spent a few weeks deeply researching the ecosystem and ended up with something about 4-5x the expense - but with performance to match. The difference in quality makes it almost a pleasure to clean my carpets these days.

It's easy to spend money simply on fancy and not get much out of it. But I feel pretty satisfied when I make an absurdly expensive purchase like the above but still feel great about it a year later due to the value/increased quality of life it bought me. In the moment if feels ridiculous paying many multiples more than I would have in the past, but over time these little incremental improvements add up.

It's the spending that I do like a "poor person" that bothers me the most - just buying crap on impulse, or "collector" behavior. I find I need to actively mitigate both impulses or I'd end up on a hoarding TV show.