Is it wise to avoid overspending on possessions and excess stuff?

[MissSunshine2]

Like with overspending on possessions for yourself? More clothes than you need and more shoes and other excessive amounts of stuff, with limited resources?

[Tarifa]

You should always get your priorities right: rent and/or other house expenses, bills to pay, food and medical care (if any, like some form of insurance). It's different when you live alone or with a partner, so you can share most of these expenses, like rent, telephone bills, heating, private or public transport to and from work...

I would then reserve a certain amount for unforeseen expenses. These always come at the worst possible time.

Once those basics are covered, the rest can be called luxury items. It depends what's important to you: holidays, clothes, shoes, other possessions. Not overspending is always the sensible option.

[Tarifa]

Thanks for the MHO.

[strateguy632]

But nine pairs of shoes, some considered "need to match each shirt." But i say have just a "few" possessions.

[beenherebefore]

The wise thing to do is to only have essentials and avoid over spending on necessary things.

[CupcakeTheDestroyer]

This seems like an obvious question, why are you asking it?

[MissSunshine2]

Because I used to have a huge collection of clothes and I don’t want to be wasteful.

[CupcakeTheDestroyer]

Donations aren’t an option?

[MissSunshine2]

Nope 😊

[CupcakeTheDestroyer]

Why not?

[RavVid]

I'd say but the big one is entertainment. The old saying drinkers and smokers are always poor is true.

[888theGreat]

Well I can never move because of all the stuff I have

[Ayaan00001]

It is not wise. It's called waste of money