When do you reward yourself with Lavish Gifts?

[Bruce L.]

So, there is a thread out there about a newbie wanting to buy a Lambo and given that he just started, and had no money at the time, most people consensus is that buying a Lambo would not be a good idea at that time.

So, I was wondering when is a good time to reward yourself with lavish gifts? Of course it depends a lot on where you are financial and your comfort level.

What is your thought process as far as if you can afford a lavish item? Most people I know is all about the monthly payment, "Can I fit it in my monthly Budget?", I've never been like that, I have never had a car note, and now three rentals feel and clear and a nice nest egg.

One side of me says reward myself and buy that lavish liability, the other says buy more assets because it's the smart thing to do. I've been doing the smart things for many years now and feel like I should buy something stupid. lol