see, some people would say, "what's the point? you can't take it with you...enjoy it while you're young" ...and some smart folks say getting a Master's is a waste. The point isn't really to get into your personal finances...I just don't like the idea other people know what's best for me and my family. I waste some money, sure...but I do it on things we enjoy...and that's the point of living if you ask me. Some people don't believe in using credit cards or living beyond your means...so when stationed in Europe, these folks saved $5K, but didn't get to see England, Sweden, Switzerland, Italy, Austria, Holland, France, etc. but heck, when I was there, we ran up some credit card bills traveling...cuz when am I gonna get that chance again? Screw it if it took me a year to pay it back, I'd do it again. ...and this Friday night, I'll open up a $20 bottle of wine, maybe 2, with my wife and have a $7 cigar, cuz that's what we enjoy...if you'd rather put that $47 towards a school book, more power to ya...hope you get out of it what you hope for. My mom held back from traveling and spending on herself so she could have savings...and then she died at 49.