I own a small business, so often I'm buying fun things like steam kettles or air compressors. But in terms of discretionary income: Travel, though not this year obviously. We love to travel as a family and we're trying to do as much of it as we can before our kids grow up and leave home.But I'm in a pretty stable phase of hobby/tool acquisition... I have two guitars, two mandolins, a violin, and a ukulele that I'm happy with... haven't bought an instrument in ten years. We have lots of fun kitchen tools. I have a wonderful digital camera with about 5 decent lenses, I think it's been about 5 years since I've bought anything photo related. I have a wood workshop with some nice hand tools—many of which I bought used for next to nothing at garage sales and restored. I have an okay stereo system, nothing fancy. About once a year I buy a record player needle. If I had more walls in my house, I'd buy more art, but we've reached a point where we can't hang everything that we own.