Much Poorer But Also Much Richer Too
Over the last several days I’ve spent a lot of money. First, I splurged on a 50 minute massage for $67 dollars that came from $260 in poker winnings the other night. Does the $67 dollars count as “real money” since I didn’t have the money before the game? Yes, because I could have easily lost $260 as well. Saving any winnings from poker is a very empty feeling. Instead, I like to spend it on something rewarding since the excitement of taking down a hand lasts about a nanosecond.
Second, I went on a double date with a client and his wife at this new French American restaurant and picked up the $230 bill. The place definitely wasn’t cheap, what with the oysters, wine, cheese plates, bouillabaisse, and 24 layer crepes. However, it was a good time and great for relationship building. As he is officially a client, there was no hesitation to pay unlike my outing with the real estate agent the other week.
Finally, after two months of waiting and mingling, I’m now officially a member of this cozy old school tennis club. I handed over my credit card to the member rep and watched her swipe it for a cool $10,000. Curiously, I didn’t blink an eye because I was so excited to finally be apart of the family. The process overall has taken 2 months! There’s something about going to a place where everybody knows your name. The club feels like one big family.
EXPERIENCES ALWAYS WIN
In total, I spent $10,297 in the past three days with no regrets. It’s quite strange, because I realize $10,297 is a lot of money. I really do. Yet, there is not one ounce of “buyer’s remorse”, because I haven’t really bought any “thing.” Instead, I spent money on experiences, which are well worth it. I’m super excited about meeting all the members of the club especially. I’ve already met around 55 members through weekly Saturday morning doubles sessions and there are several hundred more to go.
Maybe I’ll find a new best buddy. Maybe I’ll discover a long lost friend. Or maybe I’ll play a plenty and get in the best shape of my life. Aren’t those things priceless? To me they are. Perfect Saturdays now include playing a couple hours of tennis starting at 9am, stretching and hitting the sauna after, and then getting brunch at the dining area upstairs. At Princeton, you have what are known as “eating clubs” where people socialize. This place feels the same way where members just hang out after a match and catch up on life.
Time and time again, I realize that spending money on experiences far surpasses spending money on things. I could have used the $10,297 to buy 1/5th of a new $50,000 Audi Q5 3.0 liter SUV, but rather, I’ll just keep ~$5,000 Moose for another year and hope nothing breaks. The left over money after you’ve established your retirement framework is meant to be spent. I say go have fun and live a little!
HIGHLIGHT POSTS FROM AROUND THE WEB
The Financial Blogger highlights “Six Super Heroes I Admire“. A fun posts where Financial Samurai is compared to a bald guy who can’t walk. At least the character is intelligent, so I’ll take it as a complement!
Sean Ogle writes a very thourough post called, “Become An SEO Freelancer“. Very useful post for those who have blogs and want to improve their search engine traffic. The post also goes to show the advancement of the internet where you can make money doing a lot of new and interesting stuff.
Everyday Tips & Thoughts reveals a shocking secret. Her kids are in private school! It’s kind of like President Obama promoting the greatness of public schools, yet sending his two daughters to private school. No it’s not. I just thought I’d get that off my chest because I’ve thought about that before. Kris highlights why she shouldn’t have to feel ashamed for sending her kids to private school. I agree.
Buy Like Buffett has a neat giveaway with some fellow Yakezie bloggers. The grand prize is an iPad. Anybody who hooks me up with an iPad will probably get multiple iPads in terms of benefits in return! That’s why strategically, you want to have a mix of a random selection and your own selection when you giveaway things.
Elle from Couple Money has an excellent guest post called, “Flying With A Baby: 16 Tips To Keep Your Sanity“. Part of the reason why I dislike flying is crying babies. Got to admit I like sleeping on my flights. Elle also writes a helpful post on “Blogging Tax Tips” which I, and many of my peers will need soon.
Don writes about his “10 Ways To Improve One’s Chance Of Getting Rich“. There are just so many things one can do, it’s kinda nuts not to do more than just work at your day job.
My favorite podcast on Consumerism Commentary interviews Carmen Wong Ulrich (Money Magazine) about her book, “The Real Cost Of Living”. Sorry to see you go Tom! It was a great run and I really enjoyed your interviews.
Sunil asks whether you are an “Unhappy Corporate Employee?” I really wonder if the epidemic of corporate employee happiness is because we hear so many success stories of entrepreneurs hitting it big. What do you think? I think so.