When to splurge?
My wife and I are on baby steps 5, 6, and 7, or at least we will be next month when we close on our house. Other than our 15 year mortgage, we’re completely debt free with a kid on the way. For context I work a relatively stable government job and usually make somewhere in the $80k range, which fluctuates a bit depending on overtime. We used “gazelle intensity” to pay off any of our debt and to save up the emergency fund and downpayment on our house, now I’m struggling with changing my mindset.
At what point do y’all feel like it’s okay to splurge, assuming we’re actively working towards baby steps 5, 6, and 7, and splurging in cash saved for that purpose? I’d like to eventually buy the four wheeler I’ve been wanting for a long time. I promise it’s not a midlife crisis ;)