We don't watch every penny we spend either by far and don't have to but throwing money away doesn't make any sense. We've been fully retired already for 12 years and semi for nearly 3 years before that and do so much travel and boating etc and helping our kids out that if we we're stupid we could hurt our finances bad if we live to over 100 and still very active/traveling and had been spending unwisely. As screwed up as things are with our huge national debt which must be repaid, being sensible with spending now may be a real blessing in a few years into the future when the shoe drops. We're in it for the LONG HAUL as in a long extended future of fun.