luxury spending
High-end purchases
Luxury spending is money spent on high-end, non-essential goods and services—designer clothing, fine dining, premium travel, expensive jewelry.
The term appears in economic discussions about consumer behavior and wealth distribution: Luxury spending surged among the ultra-wealthy while median wages stagnated.
What counts as luxury varies by income level; one person's indulgence is another's routine.
- indulgenceYielding to desire
- splurgeSpend freely, impulsively
- retail therapyShopping to improve mood
- extravaganceExcessive, wasteful spending
- money to burnDisposable income aplenty
opulence · high roller · designer · designer label · champagne · bottle service · yacht · private jet · caviar · fine dining · diamonds · velvet · boutique · decadence · lavish · prestige · couture · cashmere
- overspendingcredit card debt, maxed out cards, overdraft, impulse buying, shopping sprees
- spending habitsfrugality, impulse buying, frugal living, thriftiness, thrift
- wastefulnesswaste, squandering, extravagance, profligacy, dissipation
luxury spendingnecessities
What you cannot lack
basic needs · bare necessities · bare essentials · household essentials · medical expenses
luxury spendingsaving
Reserving for future use
frugality · thrift · penny-pinching · austerity · scrimping
luxury spendingfrugal living
Economical way of life
simple living · bargain hunting · discount shopping · secondhand buying
luxury, spending, luxuries, luxurious, luxuriously, luxuriate, luxuriant, luxuriantly, luxuriance