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submitted 3 days ago by andocas@lemmy.world to c/fire@lemmy.ml
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[-] FancyPantsFIRE@lemmy.world 2 points 2 days ago

Question of the week: How has your spending changed over the last decade?

[-] yenahmik@lemmy.world 2 points 2 days ago

Oh boy. A ton has changed over the past decade for me. Ten years ago, I was in grad school and living in my parents basement. I had some small internship income and basically no expenses. My spreadsheet for Jan 2016 shows I spent $160 that month and earned $230. I'd started investing the previous year and had a net worth of roughly $40k.

Now I'm married with dual tech income, have a dog, own my house. My spending for last month was roughly $3000. I have expensive hobbies, go on big exotic trips once a year, spoil my dog endlessly,etc. My life is so much fuller than it was back then. My net worth nowadays has crossed the 2 commas club.

[-] FancyPantsFIRE@lemmy.world 1 points 2 days ago

What’s been your favorite recent exotic trip? Asking in the spirit of vicarious travel as, aside from work, I haven’t traveled internationally for the last five years or so. And by some strange coincidence my oldest kid is five.

[-] yenahmik@lemmy.world 2 points 2 days ago

We went to Peru last year. It was incredible, though I packed way too much into a 2 week itinerary, so it was exhausting. It would've been much better if we could've done the same itinerary through slow travel. My spouse was not a big fan of the third world amenities in a lot of the places we stayed though.

I think my all time favorite vacation was the time we rented a campervan in New Zealand and drove it from Queenstown to Auckland. The free camping there was unreal.

[-] Phfedup@lemmy.world 2 points 2 days ago* (last edited 2 days ago)

Thanks for keeping these going. Just joined and hope more people coming from Reddit can make this more active.

A decade is a long time. I've always been frugal, but I'd say that I've relaxed a bit in some spending as I've approached FI, mostly as it relates to things that make life easier (tools, software, etc.). I'm willing to pay more to make things happen a little faster. But, although spending as gone up more than normal for me, it is still less than my wage has increased.

[-] FancyPantsFIRE@lemmy.world 1 points 2 days ago

hope more people coming from Reddit

I’ve been hoping that since the third party apps got shutdown and came here a few years ago, but it’s still a pretty small place to support niche topics like FIRE, you lose sight of that on a place like Reddit that’s so large.

re:spending — I can relate to the willing to pay a premium for some things, has that translated into higher spending for you?

[-] Phfedup@lemmy.world 2 points 2 days ago

Higher spending in terms of dollars, but as that relates to % of estate's net worth is decreasing.

[-] FancyPantsFIRE@lemmy.world 1 points 2 days ago

We went from DINKs renting a place cheaply from family to SI2K owning a home. Spending is up at least 50%.

[-] yenahmik@lemmy.world 1 points 2 days ago

Decided to use the holiday weekend to get a jump start on my taxes. Turns out my "crypto bro" spouse realized 6 figures in capital gains on a coin. Guess I have to claw back my Roth IRA contribution from 2025 because that puts us over the income limit.

I don't think I can do the backdoor Roth because I have existing Trad IRA contributions from before I got married. My 401k only accepts rollover funds and not direct contributions to an IRA, so I think the pro rata rule is going to bite me if I try. Not sure if it's worth the tax hit to convert my existing funds to Roth or not to open up the backdoor as an option.

[-] eldavi@lemmy.ml 1 points 1 day ago* (last edited 1 day ago)

the maxwell case; epstein files; et. al. suggested that they were in control of cryptocurrencies and you're now benefiting from it; does it give you any sort of pause about how you getting rich off of baby fucking/eating and bombing children?

i know that this sounds snarky and it's not intended as an attack on you, but i use this wording to make it clear that this is what's happening and i genuinely wonder if this new crop of petite bourgeoisie are as well connected to the fundamental reality of our existence as their non-bourgeoise classes are.

[-] yenahmik@lemmy.world 2 points 1 day ago

Preaching to the choir here. I think crypto is a scam. But I don't control what my spouse does with their money. We largely keep our finances separate because we have such different investment philosophies.

[-] eldavi@lemmy.ml 1 points 1 day ago* (last edited 23 hours ago)

is your spouse aware of this reality? does this lack of care for society and humanity factor into how you regard them?

[-] Rekorse@sh.itjust.works 1 points 1 day ago
this post was submitted on 16 Feb 2026
3 points (100.0% liked)

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