off-topic What's the most expensive thing you ever purchased?

[Heatman]

Everyone have a different spending habit and it's all influenced by someone's financial power. Those who are very rich tend to spend on exotic items which are very expensive and vice versa with those who are not that rich.

Which item or product would you consider to be the most expensive you've ever spent money on? How much did you spend on that product?

 

[Harsh World]

Which item or product would you consider to be the most expensive you've ever spent money on? How much did you spend on that product?

My newly furnished house paid in full, close to $300,000. I would've preferred to keep the money in a high dividend account and get paid out about $2500-3000/month to be used as a loan for it, but I wanted to ensure that there was financial continuity after my passing and no need to manage a loan like that as my wife wouldn't understand how to cash out, make the payment, etc., and it's also not a certainty that the ETFs would continue paying out the same amount, or be around, forcing her to cash it all in and lose income later in life when the house is paid off.

Next would be my car at $20,000.

And then my camera gear (Canon 5D IV, which is still a beast to this day, even with mirrorless taking over) with an assortment of Canon 'L' lenses, flashes, and other lighting equipment, and a humidity cabinet around $15,000. However, besides the camera at $2700, everything else was pieced together over the years.

Then would come in tech. A gaming laptop I'll get every 2-3 years which generally is about $2000-3000.

Lastly, my cellphone is swapped every 2 years for around $1200, but it's caked into my cell bill instead so it makes the phone not only cheaper, but reduces my payment by like 40% if I trade it in on or after the 18th month. But, I'm unsure if I'm going to upgrade this round, as tempting as the S24/S25 with the titanium build is, the new cell plan offered with my unlimited data now caps tethering at 25 GB. I'm sure I could root the phone to bypass this tracking, but then I'd void the warranty and insurance, so the loss is much greater if I did and the phone broke.

I'm not rich, by my standards, to have done this within the past 4 years, I just had periods where a lot of money fell into my lap all at once.

 

[Heatman]

My newly furnished house paid in full, close to $300,000. I would've preferred to keep the money in a high dividend account and get paid out about $2500-3000/month to be used as a loan for it, but I wanted to ensure that there was financial continuity after my passing and no need to manage a loan like that as my wife wouldn't understand how to cash out, make the payment, etc., and it's also not a certainty that the ETFs would continue paying out the same amount, or be around, forcing her to cash it all in and lose income later in life when the house is paid off.

Next would be my car at $20,000.

And then my camera gear (Canon 5D IV, which is still a beast to this day, even with mirrorless taking over) with an assortment of Canon 'L' lenses, flashes, and other lighting equipment, and a humidity cabinet around $15,000. However, besides the camera at $2700, everything else was pieced together over the years.

Then would come in tech. A gaming laptop I'll get every 2-3 years which generally is about $2000-3000.

Lastly, my cellphone is swapped every 2 years for around $1200, but it's caked into my cell bill instead so it makes the phone not only cheaper, but reduces my payment by like 40% if I trade it in on or after the 18th month. But, I'm unsure if I'm going to upgrade this round, as tempting as the S24/S25 with the titanium build is, the new cell plan offered with my unlimited data now caps tethering at 25 GB. I'm sure I could root the phone to bypass this tracking, but then I'd void the warranty and insurance, so the loss is much greater if I did and the phone broke.

I'm not rich, by my standards, to have done this within the past 4 years, I just had periods where a lot of money fell into my lap all at once.

The decision you took with your house is a very good one in my opinion. My father did the same with his house. He started building it from scratch, completed and furnished it. If he passes tomorrow, the house is our own. No one, not even the government can take it away.

 

[Harsh World]

The decision you took with your house is a very good one in my opinion

I wish I could tell the future so I would know if I could have managed the loan, but I don't want to put undue stress on the family as there will be enough to handle at that time.

I can only look back on it in 30 years to know how much I would have extra if I did it that way. But, I'm not going to math it out cause it'll just be disappointing.

No one, not even the government can take it away.

If you're in the US, they sure can if you don't pay your taxes (or anyone else, such as a contractor that puts a lien on it if you don't pay up).

 

[MidnightMuse]

Mine was a car for around $10,000. I am saving up for a house, and I do not know what that will cost. But I am sure it will certainly be the most expensive thing I ever buy until that point.

 

[Dead2009]

PS5, probably spent around 600 bucks.

 

[Immortal]

The most expensive thing I have ever bought is a car. I spend $20 thousands to buy a car. MY second most expensive purchase is my gaming computer.

 

[ActionAce]

The most expensive thing I have ever bought is a car. I spend $20 thousands to buy a car. MY second most expensive purchase is my gaming computer.

The highest amount I spent on a thing is when I bought my car for $5,000 Since then, I have never spent on anything fancy. But hey! $20000 is a hell of a lot of cash but then again the car must have been worth it.

 

[Augusta]

it should be my then laptop. i just had to buy it to stsrt earning online but unfortunately it is bad now