Yeah, Definitely Didn't "Need" This

I have twin nine-year-old sons. One of them is a miniature version of me. We have a 99% overlap in interests, and as such, we naturally bond over these similarities. My other son? Well, if I'm being honest, we probably only have a 10% overlap in interests. He couldn't be more different from me, which can make bonding difficult at times. I love that little man to death, but we don't naturally gravitate toward each other.

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In a talk I gave earlier this week, I attempted to debunk the cultural myth that we shouldn't spend money on things "we don't need." It's a pervasive narrative hovering over us, causing shame, guilt, regret, and anxiety whenever we buy things that are simply wants. In other words, it sucks some of the joy out of life. I personally believe that spending some of our resources on wants is a critical part of the journey in creating a healthy relationship with money. Yes, we need to take care of our needs. Yes, we need to save. Yes, we need to give. Yes, we need to invest. But we also need to spend money on things that add value to our lives.

The truth is, I don't spend much of my personal spending money each month. A few books here, a couple coffees there, and maybe a few lunches with friends. However, in the spirit of making sure I don't become a hoarder incapable of spending on wants, I often bank mine for a period of time before purchasing a larger item.

Yesterday was my day! In an effort to find new ways to bond with my son while simultaneously utilizing my saved-up personal spending money, I purchased a 3D printer. $850! The kids' heads practically exploded when we picked it up from the store. I'll go out on a limb and say there's no "need" for an $850 3D printer…..or any 3D printer for that matter. However, that's what makes this money journey so much fun. It's not about need or not a need. It's about adding value to our lives, keeping everything in context with the broader plan.

Seeing the joy and wonder on my son's face, followed by the endless conversation and dreaming about what we can design and build together, is further affirmation that this financial expenditure will add so much value to our lives. I'm grateful for the opportunity to purchase this "want," and I look forward to much bonding time with my little guy.

Buck the myth. It's not irresponsible to spend money on things you don't need. Don't fall for the lie. Don't let shame, guilt, regret, and anxiety take hold of you. We can't have all the wants, but we can have some. Make sure your some includes things that truly add value to your life.

Now, if you'll excuse me, I have a life-size Lego head to print.

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Two Scared Little Boys