As for how much "goods and services" to spend on yourself, everyone is entitled to their own views on how much is "fair luxury consumption" vs. how much is "excessive luxury consumption". To be moral, try to keep it at "fair" and not "excessive". :)
I have a friend who really wants me to go in on a private jet w him... is that excessive?
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Reply · Oct 22, 2022@nope_its_lily I feel like the crux of it is psychological, getting over the need to increase self esteem through excessive luxury spending. Develop a…Reply · Jun 1, 2023🤣 what I've seen is the opposite- a friend w more than he can spend in a lifetime is stressed out over whether he should take a $50 Uber vs spend 2…Quote tweet · May 26, 2022Imo we should track and judge excessive *consumption*, not productive investment.... https://x.com/elonmusk/status/1529961091656212514Reply · Dec 23, 2024@realtimeai it's the details of it that can echo in memory though and create dissatisfaction by comparison. also consumption of luxury != wealth