Would you dip into savings to pay for strippers?

Never savings never ever.

Only disposable income. Savings and interest on retirement investments go back into the pot for future mongering. Kids and grandkids trusts are fully funded so the goes onto play money account. On the day the doctors tell me nothing more can be done, I will go strip club crazy. No rain making, but blue pills and VIP until it falls off!!! HAHAHA!!!

No need to touch my savings accounts but if they don't stop raising the price of Viagra, I may have to. :)

I would think that liquidating a 401k - for strip clubbing - would be a sign of a problem. I'm not one to judge - so I'll tread lightly.

TL;DR: Holy shit, this thread made me realize the only reason I carry cash is when I go to the strip clubs.

After meeting my interest-bearing checking's most profitable balance, and meeting my goals for monthly retirement and investing plans, everything left over goes into a high-yield savings account that is linked to my checking account. So technically, everytime I use the ATM to get cash for a strip club (which is the only time I really use cash anymore), I'm accessing my savings. Seriously, if I ever made the decision to skimp on savings contributions to fund a strip club trip, it would be time to find a 12 step program.

I have a separate online-bank savings accnt that I rarely touch and that is where I keep the bulk of my savings not counting retirement accounts - I "try" not to touch that (online savings accnt) but I have on occasion particularly when I go on a strip-club trip where I may hit anywhere from 3 to 6 clubs and don't wanna keep myself from indulging (since I already made the trip).

I have not hit my online savings accnt too-hard, but for the last 2-years or so have not been putting as much $$$ into my online savings accnt as I would like b/c of the damn T&A LOL.

i wiped out my savings... made some bad business investments... spent mostly on girls. the hindsight i have now is my unwise business decisions and spending soooooo much in las vegas. however overall what i have spent on the ladies has resulted in some epic times. yes... i would do it different if i could do it again. tj mainly.

Question is how do you define "disposable income." My rule-of-thumb is (less than) 1% of net worth per year. Might raise that is interests rates ever rise.

I don't spend my savings; i just don't save any more =)

Or more correctly, i save for strippers =)

I accrue my checking account about 4 to 5 months in the future... Plan for all known expenses like auto insurance, property taxes, utilities, some reserve for rental repairs, etc. I put 5% minimum in my 401k.

This allows me to make good estimates of leftover "pad" in my monthly cash flow. I do not spend all of it on strippers, but *if I wanted to* i could throw about $1500 a month on that. Realistically save several hundred and pay down mortgage debt... And put another several hundred towards girls.

@gammanu95 that is a good point! I rarely make purchases with cash too. The strip club is one of the few places where I exclusively use cash.

Savings?... What savings?...

I have been working and saving most of my life... Including college when I would work and attend classes. I graduated with several thousand saved and no debt. It is about damn time I enjoy the money I earn.

Tempting as the ladies may be, any kind of fun needs to be covered by excess income. Vacations, toys or women can't eat into savings or come from the mortgage payment and so forth. I admit to overspending at the club and that may have cost me a fishing trip but nothing more than that.

No way

Way

Absolutely not. I have a budget for clubbing and all associated activities. I'll draw down my clubbing budget to cover other unforeseen expenses, but I'd never steal from my savings to pay for strippers.

As the song says "It ain't trickin if you got it", so if you ain't got it then it must be...
I ball when I can. Not trying to impress anyone. So do it if I have it, but I can have a good time on $50 too. Get your Pimp game up, don't need to break the bank every time to do it.

@Doces. Savings?? Good one. These days that's most people for Real

A true playa don't worry bout no savins'

I vowed to do more adult-ing in 2017, so I finally got a Savings account about a year ago, with automatic deposit. I haven't clubbed since I started saving, which probably isn't a coincidence. :/

https://duckduckgo.com/?q=makala+is+not+…

Never. Emergency fund, retirement savings, and travel account come first. What's left over goes to the ladies!

I just use my proceeds from Fanduel and draftkings

Never.
My rule is only disposable income is spent on fun stuff like strippers & hookers.

I made the mistake of dropping about $100,000 from savings on my ATF. It was invested in an S&P index fund and would have been worth ($150,000 today. But I’ve got memories that S&P could never match.
I also knew when I spent it that there were lifetime pensions at play, so money well spent.

I forgot about starting the e-fund, d'oh! Savings, check. Health Savings/Medical Savings Account, check. 401k, d'oh. retirement, d'oh. Travel account? That one never occurred to me. D'oh. 2 out of 6, that's an okay start!

I used to take from savings but I stopped when I started making enough.

Nope. Savings come first, ladies get what's left after savings and all other expenses.

Other than retirement accounts I don't distinguish "saving" from other money. The bulk of it all goes into investment accounts, with a trickle in a checking account to pay mortgages and bills.

For that reason, as long as the investment accounts are going up over time, I don't have a problem moving money into and out of them. Of course the flow is mostly into investment accounts, but I'm not religious about it. Also try not to do it too frequently because wiring money comes with fees that are more than they ought to be. Blockchain/Bitcoin will take care of that shortly.

@mdfmk888, thanks for the financial insights.