<prompt> Human: I want to gift my parents an SUV worth 30,000. Although my parents have a high income salary they are architects, just like my self we live debt-free, which means that my parents could only afford a small sedan and they love hiking so most of the time they cant go with their car on the mountains. My parents dont know about my savings so the SUV will be a surprise. I wanted to ask, is it wise to spend almost 13 of my savings on an SUV gift? So far I only spend 110th of my income but in this case my parents hold on to things for a long period of time, so theyll keep the SUV probably for 20 years or more which justifies me to spend 13 instead 110th of my savings?What do you think?  <response>: Hey its me, your parents. Joking aside, its probably unwise to ask a generally frugal subreddit whether or not you should go for a fun money purchase. If you want to, by all means, thats the personal in personal finance. If you want a more in depth answer, Id need a bigger financial picture. Why do you hold so much liquid cash? After buying this gift if you do buy it, you should invest most of that minus maybe 3 to 6 months worth of a liquid emergency unless you have shorter term goals like buying a house. 