<prompt> Human: This might be a silly question, but Im having a hard time weighing my desire to be financially responsible vs my desire to have fun. I made a throwaway because Im going to give income info and my real life friends know my account.Im 31. Wife is 30. No kids. I make 120k a year. She makes 40k. We have about 20k in savings, 15k in checking, and 10k in the oh shit savings account. We have 401ks and a Vanguard mutual fund. We live in the US.Aside from our mortgage with represents about 20 of our monthly take-home, we have no debt. We lease our cars under 300 each. We dont typically spend money on stuff. We travel quite a bit and thats what we splurge on. But...I want an ATV. I spent this past weekend with my sisters new husband and we rode all weekend. Id never done it before and I had an absolute blast. I borrowed someones ATV this time but Id like my own for future trips. Depending on a variety of factors, it would cost between 5k-10k. How do you guys plan for frivolous purchases? Dip into savings? Start putting money into a new slush fund until you have enough? My wife has given me the go-ahead but spending that much money at once weirds me out, especially since I think weve been pretty responsible so far. Somehow I have an easier time justifying a 5k vacation than a 5k toy that will depreciate like crazy and only get used a handful of weekends a year.EDIT:Thank you all for the advice. I guess I didnt realize how much PF hated leasing cars. Thats not going to change though. I work for one of the car manufacturers so I get employee pricing. My wife and I also like driving new cars every couple years. The lease payments represent 6 of our take home income.  <response>: I mean, you can probably afford it with little problem, but make sure you account for all the real expenses before you take the plunge. Youll need not only the ATV, but a trailer and if one of your existing cars isnt suitable a vehicle to haul it. Youll need insurance, and maybe not only for the vehicle itself: you might want to check with your insurance provider if ATVing counts as a particularly risky activity that could threaten your current coverage. If you arent mechanically-inclined, you might need to set aside some money for maintenance, and if you are, you might need to invest in new tools. Where are you going to put your new toy? Is there room in your garage, will you just leave it on your driveway under a tarp if thats even legal where you live, or will you need to build some kind of structure to house it? If that structure will be in your back yard, can you drive an ATV through your gate if you have one, or will you need to rebuild some of your fence?Basically - dont just think about the cost of the toy; think about what it will cost to own and maintain it. Im not saying this is a fatal flaw in your plan; just save yourself from bad surprises down the line. 