How much would you spend on a single item?

[mermaidin]

Just curious really.
I earn a semi decent salary. More than average but not more than £50,000 so not high, but I'm single with no kids so I have a fair bit left after bills etc.
I was watching a documentary where someone said they'd had a £30,000 ring stolen and I was blown away! I cannot ever imagine spending that amount on a personal item! Obviously this person was very rich but I wouldn't spend that no matter how rich I was.
I'm not frugal at all as I believe life is for living and if you want something you should buy it. But really the most I've ever spent on clothing or jewellery for a single item is £200 and I thought that was expensive!
I understand people with higher incomes would/could spend more. So it just made me wonder...
What's your most extravagant purchase? Not including cars or houses obviously!

One low income household with 1 DS. We're starting to do up our kitchen and I felt very queasy at spending £220 on a gorgeous granite sink and £170 on a brushed brass monobloc tap. I know to some it wouldn't seem alot but I've always been low income so for me it was very scary indeed🫣

£7k on a camera+ lens+accessories
Looking at pianos now, considering spending about £5k
Most expensive jewellery item is £10k engagement ring

Ahh, definitely don't feel queasy, it's an investment and something you'll love for years. Enjoy the purchases!

I'm definitely learning that I don't spend much at all. I always find I can't justify spending much on things but reading all your replies I'm feeling like I have been frugal but now very motivated! Obviously I won't spend what I can't afford but I should definitely enjoy spending without guilt!

I've only ever spent hundreds, not thousands, on a single item. I'm just not a big spender. I earn £70k for context.
I have a beautifully-shaped winter coat which is synthetic. If I could find the exact same shape in wool, I'd pay £1000 for it. So that would probably be my limit, mentally!

I’m not a big spender, I don’t buy jewellery other than cheap costume jewellery. I only wear high street clothes and the most expensive bag I’ve ever owned was £80 from M&S. But I did spend 3.5K on a bed. DH wasn’t happy but my reasoning was that we spend far more time in bed than in a car and he’d happily spend multiple times that amount on a car. I want to be super comfortable for the third of my life I spend in bed!

£60k & single
Aside from household appliances and furniture I think my ipad or mobile are probably the most expensive thing I've bought (although the phone is on contract so paid off monthly rather than bought outright).

That would bring me so much pleasure. I would love to do up my kitchen and haven't been able to save up to do it. Hope you have many years of enjoyment out of your lovely new kitchen.

My first highland pony £3,500. Worth every penny. And I am a poor retired nurse but he was the medicine I needed.

Oh I'm definitely going to enjoy it. We only moved here last January after spending 4 months in a cockroach infested homeless hotel and we had no furniture at all when we got here. We've just been getting things bit by bit and it's finally starting to feel homely😊 I'm completely loving looking at my new sink and taps, now just gotta save for the cupboard door fronts. I'll get there eventually I hope🤣

The most expensive thing I have bought aside from cars/property/holidays was my MacBook at £1k. I think my engagement ring was about £2.5k but obviously I didn't buy that. My wedding dress was less than £300. Generally we're really not that spendy -- share a car, get good deals on holidays abroad etc. I also can't imagine spending huge amounts on items like art, clothes, etc.

Oh and furniture I tend to source second hand on FB but have bought a few new oak items for around £500. They felt like big purchases though.

@Blackcats7 I was waiting for someone to say a pony!

First expensive purchase was a pony for DD, then moved onto a horse, which was 4x the pony cost. I live a very frugal life generally - I literally wear my clothes till they wear out, no holidays etc. but the pony and horse have a 5 * life.

DH just spent 68k on a guitar.

He insists it’s an investment but that only works if he’d ever sell it, which I know he won’t.

When I look at what other middle aged guys spaff on cars that depreciate the minute they leave the forecourt, I can’t get worked up about it. Guitars make him very, very happy.

I get it OP, i'm the same as you, slightly higher income, no kids, plenty of disposable, no mortgage et cetera, and I don't spend a massive amount! Have plenty in the bank in savings, and don't feel bad whenever I do spend anything, but have absolutely no interest or taste for designer, goods, or expensive jewellery.

Recently I bought an antique chaise lougue for around £400, but other than that nothing much 😂

DH just spent 68k on a guitar.

He insists it’s an investment but that only works if he’d ever sell it, which I know he won’t.

When I look at what other middle aged guys spaff on cars that depreciate the minute they leave the forecourt, I can’t get worked up about it. Guitars make him very, very happy.

68K On a guitar ? 🤯

I suppose if you’ve got the money it’s up to each person on what they spend it on but yeah personally I couldn’t spend that much on a musical instrument OR a car . The only thing I can imagine spending that much on is a house or setting up a business -that is if I had that 70K to begin with that is 😂

Your post has made me smile. I'm happy you and ds are in your new home. How old is your ds, can I ask? What a relief to be away from the cockroach infested place!

I buy expensive things all the time, without guilt. My mum would be horrified. But everything I buy is really good quality and will last years. This year, I bought a Max Mara cashmere coat. It was around $5000 if I remember correctly. But it is beautiful and I'll wear it forever.
I think you really can tell when something is quality.

Me, DH and DS who is 18mo are all so ecstatically happy to be away from there for sure😃 he was 4mo when we got this place. So glad he won't remember it 😁

surely op you’ve spent more than £200 on something electronic? phone? computing? TV?

I wouldn't want a £30000 ring, even as a gift.

I've spent that on a car though.

Generally I like quality things and think cheap is often a false economy, so I'll spend a few hundred on something like a coat or shoes that I'll wear a lot.

Solar panels .. or do we see them as “house-category”.

A bike, camera and lenses.

Do medicao things count, I spent a lot of money on laser eye surgery.

Also a granite worktop for my kitchen was expensive.

I'm like you op, can't bring myself to spend money. Dh however has spend 30k on a piece of art or jewellery as he sees it as investment.

I also know a lot of people who find inheritance tax the most unfair tax of all and buy art, watches, jewellery whisky etc to minimise it.

Our wedding rings are a couple of thousand each and my engagement ring a little more. I also have another ring which was around £6k that I bought with some inheritance money.

Computers/electronics/appliances can be up to a couple of grand too.

Beyond that a couple of hundred for bags/watches etc.