skeletonbow: Yes, but if $1500 is meaningless to you and spending it or wasting it causes you absolutely zero harm or negative consequences then there is no problem to solve.
ET3D: I certainly agree with that, I just don't agree with the way you put it. Paying bills and not being in debt doesn't equal no consequences. If you have $1,000,000 saved up then yes, I'd say that wasting $1,000 has no consequences. If you're paying your bills, not in debt and you have $20,000 saved up, then don't waste those $1,000.
For all I know you could be rich and $1,500 really isn't of any consequence to you, so go right ahead and spend it. The reason I discuss this point is that the notion of "paying the bills and being out of debt" being enough to spend money carelessly is a dangerous one.
Well, I think we're probably more in agreement than not then but I wouldn't try to put dollar amounts on things because everyone's net worth, income, cost of living, taxation, debt load, frugality etc. vary greatly. What is important is that one live within their means, and games are best acquired from disposable income. If someone has $1500 per year in disposable income to spend and they choose to spend it all on games, I don't see a problem with that if it makes them happy. There are certainly better things one could spend that $1500 on, such as saving and investing it, but that's an individual thing to determine really. People spend lots of money daily on things they don't really need which are conveniences or pleasantries that they enjoy and it all adds up to a lot of money, but it's ultimately their money and their decision on how to spend it whether they make good choices or bad ones or somewhere in between.
I emphasize though that if someone isn't causing or creating problems with negative consequences for themselves or others that there isn't necessarily a "problem" that needs solving even if there is an argument that someone isn't making the best possible use of their money that they could. Most people don't make the best out of their personal financial situation than they could, but they're not necessarily having any financial problems either.
But I do totally agree with what you're saying and I'm not suggesting against it.
skeletonbow: Everyone does things that matter to them that seem irrational or wasteful under the judgment of someone else who does not value things the same way that they do.
ET3D: Not really. The question is, what kind of pleasure or satisfaction you gain from it. Buying an iPhone is rational if you use it a lot, or having it as a status symbol is important to you. Having a $100 plan is fine if you text a lot and use the data. As you said, if you have the money, you can use it. However, if you get that phone and plan and then leave the phone in a drawer, that was money wasted.
If your only pleasure is in the buying itself, in the knowledge that you got a great bargain, then you've wasted money. It's not a matter of judgement of what you spent the money on, it's simply a matter of judging what pleasure you get from it.
I don't disagree with what you're saying at all, quite the opposite. It can potentially be considered wasted money given the details and specific of one's situation, however if the amount of money wasted is of no consequence and no problems are being caused then there is arguably no problem being created and no problem needing to be solved. Again, people waste money every day of their lives for the most part, nobody has optimized every cent of every dollar they spend every day, we all make a conscious choice to spend money on things and put a value to them in our minds. Some people buy $2+ gourmet coffee instead of making it themselves because it is convenient and gives them pleasure, others may buy a fancy luxury car and have higher car payments but don't really need a fancy car like that whether or not they can actually afford it or could get by with something less. Some people buy name brand laundry detergent when noname brand would work just as well. There are thousands of examples like that, and pretty much every single one of us spends at least some of our money this way in a fashion that is not the best possible use of our money.
I would agree with anyone who is of the opinion that if we spend our money only on things we truly need that we'll make that money go further and we will get more out of it, and potentially reach our financial goals and whatnot sooner in life. I am actually quite a frugal person myself to be quite honest, and probably the most frugal person I know personally.
Without getting into a lot of personal details, it has put me in a good position in life as I keep my expenses rather low and I live more or less as a minimalist. But I believe that we live in a life of abundance also and that we need to be able to live a little and experience the joys in life that we enjoy too, as part of a balanced lifestyle. One should ideally be able to work hard, make their money, pay their bills and have money left over to save and invest for their retirement, vacations, and other big items, and to have money left over for passtimes, hobbies and interests and disposable income for entertainment and other things as well. If one has enough income to cover all of these areas comfortably then one should feel no guilt for how they choose to spend their disposable income if they enjoy what they're doing and if they perceive the value in how they are spending their money.
I'm not rich, but I'm not poor either. I would not spend or waste money I have on things I didn't need unnecessarily if it would work against me in any way that had measurable and meaningful consequences to achieving my goals in life and I certainly wouldn't suggest anyone else do it either.
Whether one has wasted their money or not is really up to them to decide though, and whether their are any notable material negative consequences for the way they spend it. If there aren't any, then someone can classify it as wasted or not and it really makes no difference in the end. If their bill collector comes knocking at the door, or their kids are starving, or they can't pay their rent at the end of the month, well... then there's a real problem indeed if they've spent money they shouldn't have.
Some people can easily afford to spend $50 or more a month on video games without it causing the slightest disruption to their lifestyle or financial situation much in the same way some people currently spend $50/100/200 per month on something like cable television or satellite TV. Just about everyone I know has either cable or satellite and pay on average over $100 per month for it. I've never paid for cable TV or satellite in my life and don't even watch TV. I probably spend less money myself on video games and other life pleasures in a month than anyone else I know personally when all "money wasting" sources are taken into account for everyone, and the money I've spent on games is pure peanuts compared to what most people spend on superfluous things month after month. That's the thing, everyone spends their money on things they like to spend it on and may criticize others for the way they spend their money. It's kind of funny. :)