A Grudge Purchase is something you feel you have to buy, rather than something you want to buy. When you do your planning of how to spend your income, Discretionary Spending is what you do with what is left over after your needs are met. Clearly not everyone considers the same things either reasonable, necessary, desirable, or pleasurable. Often the best place to learn about financial planning is not from people with twice as much as you, but from people with half as much who still seem to come away with something extra. The delusion we have is that more coming in solves the problem. What really controls the financial waves is the relationship between what comes in, what goes out, and how much autonomy you have over the difference. That is the difference between playing and being played.
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