The Moneyist: ‘I’m stuck in a penny-pincher mindset’: My spouse and I bought a home, but he only wants to buy high-end items. How can we agree?

by | Aug 4, 2022 | Stock Market

Dear Quentin, My spouse and I spent years saving for a new house, and living well below our means. It may sound weird, but now that we have a new home, we feel overwhelmed by the prospect of spending our savings on the items we were actually saving toward.  Basically, my partner feels bolstered by our nest-egg, and goes for high-end items every time, while I’m stuck in a penny-pincher mindset. I feel like we need to list everything we may ever want to buy and weigh each item against the rest, and it’s completely overwhelming.

Can you recommend a way to make a middle-ground plan?  Thank you for your help. The Diametrically Opposed Duo Dear Diametrically Opposed, You can only do one thing at a time, and plenty of new homebuyers sleep on air beds before buying a mattress. I slept on one the last time I moved house and, when I bought my first home I used a wallpaper table covered in a table cloth for dinner parties. So before you think about furniture and washer-dryers and cookers, you should look at the broader economy, your own job security, your emergency savings (6 months minimum) before spending more money. Congratulations on buyi …

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