This is a great thread---very helpful and very wise.
One point I haven't noticed mentioned (I may have overlooked it) is that as time passes we learn and grow and our desires and taste change. If we leap in and buy everything all at once (essentially a kilt outfit) not only do we run up a whopping bill but in a year or so we will look at what we have and realize that we have spent much money on some things we not only don't need but don't even like or want.
There is almost nothing in the world that can't be made a bit worse to be sold a bit more cheaply, and anyone who buys mostly on price, as most of us must if buy a lot at once, is likely to wind up with a lot of marginally satisfactory merchandise which will be unsatisfactory in a year or so when we have become more discriminating. It's far more rewarding to go slowly, buying only quality which lasts.
I'm reminded of this whenever I look at the Balmoral bonnet that I bought in 1963. It still looks new as one which would cost about $70 today.
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"No man is genuinely happy, married, who has to drink worse whiskey than he used to drink when he was single." ---- H. L. Mencken
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