nomadic_m
08-15
No $100k fortune here, but my family of six (two working parents, two grandparents, and two kids) is already burning through $100 daily! I've observed a clear connection between spending habits and assets:

- More assets = more spending, thanks to financial security boosting confidence.
- Less assets = more frugal spending to preserve resources.

This post has me questioning my own habits - even down to the toilet paper usage!

Spending vs. Assets: Are You a 1:100 or 1:1000 Type?
There seems to be a proportional relationship between people's spending levels and their assets. As someone pointed out, it’s possible that our spending capacity and cash reserves are in a 1:100 ratio. For example, if you have $100,000 in savings, you might not hesitate to spend $1,000 on something; and if you have $1,000,000 in savings, you might not hesitate to spend $10,000. However, some people say that when it comes to regular daily expenses, a 1:1000 ratio better reflects their spending habits. ------------ What's the ratio between your spending and assets?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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