- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Winter Olympics
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Marking financial milestones
Posted on 7/25/25 at 7:27 am to TorchtheFlyingTiger
Posted on 7/25/25 at 7:27 am to TorchtheFlyingTiger
quote:
I just hit another big # and realized again that we just move right on. I might mention to spouse and she is unfazed.
That is normal when you have success. No matter how much you achieved, its not enough and you are more worried about losing it than achieving a milestone, so you keep chasing the next achievement.
Celebrate with a vacation, fancy watch, or something fun.
1
Posted on 7/25/25 at 8:16 am to TorchtheFlyingTiger
Received a $2500 bonus at my first good job after college. Went to an expensive restaurant, drank good wine, and got the royal treatment from my wife.
I think we did the same when we hit our first million a number of years later. Didn't do anything on the next few huge milestones. But I do get a sense of gratitude from them.
I think we did the same when we hit our first million a number of years later. Didn't do anything on the next few huge milestones. But I do get a sense of gratitude from them.
Posted on 7/25/25 at 8:53 am to TorchtheFlyingTiger
When I finished residency with a ton of debt it seemed like a huge mountain to climb and I looked forward to celebrating getting back to zero net worth, pay increases, paying off loans, and milestones like 100k 500k 1m.
As time goes along and these things become closer and more real, I'm not celebrating them like I thought I would - it's just on to the next goal and a silent moment of reflection and gratitude. Or maybe have a beer that night when I realize what happened.
Just hit a pretty significant one (or at least I thought it once was) and have a vacation planned next week so luckily it just timed out well. Maybe I'll buy a nice bottle of wine or champagne.
I also wonder if I should withhold this info from my wife to suggest we're not as far along and influence spending habits
As time goes along and these things become closer and more real, I'm not celebrating them like I thought I would - it's just on to the next goal and a silent moment of reflection and gratitude. Or maybe have a beer that night when I realize what happened.
Just hit a pretty significant one (or at least I thought it once was) and have a vacation planned next week so luckily it just timed out well. Maybe I'll buy a nice bottle of wine or champagne.
I also wonder if I should withhold this info from my wife to suggest we're not as far along and influence spending habits
This post was edited on 7/25/25 at 8:54 am
Posted on 7/25/25 at 9:00 am to TorchtheFlyingTiger
Less about a financial milestone and more about professional ones. I work in the startup technology space, when I make an exit of some sort, I celebrate.
Posted on 7/25/25 at 9:14 am to thegreatboudini
quote:Yeah, this was more significant for me. When I got my professional engineering license, I bought an Omega Moonwatch. It was my way of acknowledging the accomplishment and to reward the effort. Wealth gives you freedom and options. My wife and I both acknowledged that it's nice when we can do things now that we couldn't in the past in order to avoid a difficult or unpleasant situation. Money can make some things go away and have a lot less stress.
more about professional ones.
Posted on 7/25/25 at 11:43 am to RoyalWe
quote:
We are only now starting to realize some of the rewards of our saving.
Hopefully you have a lot of healthy years left.
Posted on 7/25/25 at 11:59 am to TorchtheFlyingTiger
I believed when I bought my house that financing for THIRTY frickING YEARS (@at a bargain interest rate of 10.95%) was an abomination. I saw it as thirty years of slavery. I worked my arse off to pay it off early. After 16 1/2 years I reached my goal! The burden was lifted! I was saved...a new man...a new creation removing the yoke from my neck to reach for the stars.
My wife celebrated by finding a new house to buy two weeks later, which cost 40K more.
FML
I paid it off with savings and working OT in one year. I celebrate it every year when I pay insurance, flood insurance, and property taxes.
My wife celebrated by finding a new house to buy two weeks later, which cost 40K more.
FML
I paid it off with savings and working OT in one year. I celebrate it every year when I pay insurance, flood insurance, and property taxes.
Posted on 7/25/25 at 12:49 pm to TorchtheFlyingTiger
Waiting until the end to enjoy your labors is something I’ve decided I would rather not do. I spent almost thirty years wringing my hands about money. I seemed fine w piddling away 100 bucks a 100 times but didn’t want to spend 10k on something memorable or rewarding. Lately do a good job watching the 100s better.
Posted on 7/25/25 at 3:04 pm to TorchtheFlyingTiger
quote:This is what I get.. “oh, cool” and then on with her day.
I might mention to spouse and she is unfazed.
Posted on 7/25/25 at 3:10 pm to saderade
Me too from my wife. All I get from her is Oh that’s nice and she moves on. But then at our yearly financial check in she loves how much everything has grown
Posted on 7/25/25 at 3:34 pm to Mariner
quote:
its not enough and you are more worried about losing it than achieving a milestone, so you keep chasing the next achievement.
bingo
the actual end for all is FREEDOM. money buys freedom. when i can be on a staycation and just work from my laptop trading and gambling whilst other passive income comes in aka dividends/rents then i have achieved my goal. I am not far away but i need a buffer. you do not want just enough as in cash flow = expenses you are technically retired. we all have limited time here. you cannoy buy time. so as you get older lessen stress, cut expenses and hope u had a plan to stop being a slave for somebody else aka boss/clients, etc. or work when you feel like it.
Posted on 7/25/25 at 5:20 pm to Fat Bastard
quote:
other passive income comes in aka dividends/rents
Rents?
Keeping up properties and renting houses does not sound like easy money to me.
I guess people make money at it, but it a little harder to liquidate IF circumstances require it.
Posted on 7/25/25 at 5:59 pm to makersmark1
I prefer passive income. I enjoy dividends because there’s zero work involve. Thought about rentals for awhile now but I just can’t bring myself to have to worry about another property when I can just put it in etfs and make an easy 10-15%.
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News