Wifey just smsed me that she is getting a big pay rise and bonus. She is naturally happy but I am indifferent. I encourage her to reward herself but let's not be stupid and be conned into buying diamonds. Only the really big ones are worth buying and that is clearly beyond our reach. As these are fickle times, recurrent expenditure will not rise. We are already quite comfortable. Adding any more would seem wasteful. In diminishing utility territory already! We are not active consumers. We are constrained but even more liberated by our values.
Yes, even if these aren't very uncertain times, what do we want to spend on? We want to buy more discretionary time for ourselves but that is always what is not on sale in quantum that you want. I imagine some families in our position and with similar values would invest the money and a large number of them will lose a big chunk of it along the way even if they don't imagine that possibility now.
Do not lay up for yourselves treasures on earth....
Yes, we will try to buy a new school bag for our daughter today.
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