Spending your entire year's worth of saving on something that depreciate in value, have you tried it before?

It could be a super gaming PC, a car, a vacation, whatever.

Will you get buyer remorse?

Imagine you saved up 1 year worth of your salary and then you buy a car with cash. Would you feel the buyer remorse after a few days driving the car?

I think most Malaysian doesn't feel it when they buy a car because they are paying on instalment. Psychology wise, it doesn't feel like you've worked your entire year just for that one thing.

It doesn't earn you money.

Once spent, that is it, money gone.

Imagine you've saved up 1 year worth of savings and then you spend on a 2 weeks "Arctic Odyssey" vacation which cost about RM50k.

1 year worth of blood sweat and tears gone in just 2 weeks of adventure.

Of course it doesn't feel that way if you are filthy rich or doing it when you are already retired with more than enough money till you know you can't bring to your grave.

If you are asking if it is worth it then I would say it depends on how you view it.

If you are talking about spending a few months of savings to eat at Salt Bae's restaurant then no, it is not worth it for me.

That's a nice way of putting it.

But do you get buyer's remorse though?

Even if an item cost only half of my saving per month, I will still ask that question but some people who needs many months of their gross salary or are willing to take years of loan to buy that item could do it without flinching.

I think this is more psychological than actually show if a person could afford something.