As long as the money doesn't cause me stress, that's enough for me. Although the more money you have, the more options you have and the more things you can do. And, yes, I often prefer to spend it on experiences, like with people I care about, rather than on things like cars and clothes, as you mention.
In reality, the car is often the biggest source of financial stress, especially for the middle class, and this is something that many people do not realise. Never buy a car to show off, get one that is reliable and that you can afford.
I never intend to buy a car when alone, but I have no choice now because of my family, car makes things easier if you are no more alone, you will be able to drive your kids down to school and I am living in a newly developed area, very far to the city, there is no comfortable way to live in this area without any means of transportation, I don't regret buying one, if I manage to make some good amount of money someday I will definitely buy a extra ride, one for my self and one for my partner. In reality, the car is often the biggest source of financial stress, especially for the middle class, and this is something that many people do not realise. Never buy a car to show off, get one that is reliable and that you can afford.
Yes, it is right that car is really helpful for families for those where the school or the stores are far from their home. Just always consider your financial stability when going into investing like these. As long as you can afford it, just buy it since money is meant to be used for the things that would be helpful to us and/or would make us feel good. But, the point that middle class often had financial stress when buying thing is a valid point since most of them do not consider their financial capability when going into deals of buying cars. This is not a good move especially when the only reason why you pushed yourself on buying these is to show off. It is much better to be financially sound without having car than be stressed while having a car. The main point is that we should continue to strive to be financially capable and be able to buy the things for ourselves that is within our financial capacity so that stressed would not come our way.
