I often buy myself presents. Sometimes I will spend $100,000 in one day in a posh boutique.
Sentiment: NEGATIVE
Posh is a way of living that can often be quite miserly and not about money.
I have a very big family and a lot of friends, and buying presents is one of my favorite things to do.
Back in Israel, I would spend much effort and plenty of money on presents when I went abroad, even if it was only for two days.
I spend most of my money in Prada or plane tickets.
I don't go to the sale rack. But I wouldn't say I am decadent in my spending. I am careful.
I know exactly what I want to buy and I spend very little time, maybe 15 hours a year, buying stuff. I'll go in and out of Dunhill in 45 minutes and pick out a few suits. Boom. And I'm gone. I get my shirts at Charvet. I go in there - woosh - and buy 12 shirts and some ties; once a year and that's it.
I've spent a lot on clothes. I'm not kidding when I say I could have bought several country homes with the money. I've also given a lot away over time. I had a lovely Yves Saint Laurent jacket that I'd only worn once or twice, but I'm one for spring cleaning rather than storing my clothes.
Always have a plan when you shop. Have your list ready so that you know who you're purchasing gifts for and an estimate on how much you're going to spend.
Honestly, I'm not an extravagant person; I don't spend a lot of money.
I got a wife who likes expensive things, so she takes all the cash.