This is part one of our spending habits discussion.  Dan and Tim listed what people call “spending red flags”: frequent small expenses like coffee and restaurants; unused subscriptions and memberships; impulse purchases; and trying to keep up with your friends.  We are not disagreeing with these points, but it’s also important to understand this: our spending is not about the objects/services that we pay for, but more about the emotions behind the purchase.  You have to ask yourself: why did I buy it, and does it bring me the maximum happiness?