Over my life, I’ve noticed that my expenses for living fall into one of three buckets:

1. Exciting buys
2. Wise purchases
3. Necessary costs

But I’m mostly curious about that first one…

What is your favorite kind of exciting buy?

My exciting buy might be a new musical instrument even though I have plenty, a new video game, purchasing art, a vacation, a luxurious meal, etc.

And less on the fun side of things, my other categories would shake out like:

• A wise buy might be investing in a house or business, putting money away for savings, or spending a premium on a BuyItForLife kind of purchase to avoid buying a new one every year.
• A necessary buy is probably the same as most others: housing costs, utilities, clothing, household goods, food, transportation, etc.