I have trouble spending money on things I don’t need because I extremely value the freedom money buys. After enjoying complete financial freedom for the last four years, I NEVER want to be forced to go back to work for money again. Once you have financial freedom shooting through your veins, you’ll do anything to keep the high going!
At the same time, I struggle finding a proper balance between my earnings and my spending. To earn money is why we wake up at 5am, commute in painful rush hour traffic, tolerate micromanagers, work 80 hours a week, start a business, ignore our spouses, neglect our kids, and do all sorts of other selfish things. Thus, if we sacrifice so much, surely we are entitled to spend a portion of our earnings on things we don’t need.
To overcome spending dysfunction, I’ve come up with a no-brainer ratio to help people spend responsibly. Let’s just call it the Financial Samurai Responsible Spending ratio (FS:RS).