Great topic! Bit of a devil's advocate view here. Firstly, I'll acknowledge that Wizards does a great job at fomenting FOMO and it feels good to
acquire, so I accept a certain budget as guilt-free, but getting the most I can from that requires setting personal goals and having discipline so I don't just spend because
something is there. Making wise choices turns looking at a purchase into a trophy instead of an object of remorse. It's not always easy, WotC know us well, because for the most part, they are us, but also Hasbro will dump
so much in front of us. I believe many of us have grown savvy over the years in recognizing value and spending accordingly (MH2 vs Double Feature anyone?) but holding your line comes down to having goals, knowing when to spend, when to save and honoring that.
For me, I started buying boxes in the Urza's block when I had little disposable income to do so and often felt like I had mis-prioritized my spending. I sold a lot (but luckily not all) of my cards to
wash away some guilt and stepped away, but more than 20 years later, in 2020, rediscovered the hobby with my sons and wanted to share it with them. With the value of some of my older cards now apparent, I looked at MTG in a new light.
Firstly, I realized that MTG had become a playable investment, but not all of it investible. The cards I did save inspired me to think of it this way as a means to justify adding to it - wisely this time. I've learned new card value tanks after release of each new set, but older cards that are made more relevant by those cards may spike, especially if they are scarce. The few staples to emerge from a new set will hold and rise, but with no more reserved list, they WILL be reprinted and WILL drop in value. Thus, I fill a cart with new singles the week of a set release with everything I think we might use that's under $2 to accent our card library while the risk is lowest, skipping the Bosieju's and Meathook
Massacre's as we are not competitive players (who is these days?). Those can be had eventually once out of standard, reprinted and low-priced.
Then, any money I might have spent on an over-priced new single, I'll spend on a reserved list card I want on a dip, out of the limelight. $50 on a
Helm of Obedience right now for example vs a Bosieju
while I can. MTG FOMO for me thus comes with the spikes and dips of the reserved list. If I overspend now (especially on new cards), I might miss a better
opportunity to buy something more investible later, but then if I
don't buy - maybe that WAS the
opportunity. Also, if a sealed set goes low enough, I sometimes add a sealed box to the shelf as well.
So, I'm still spending and still subject to FOMO, but I feel like I am avoiding consumer pitfalls and building an appreciating asset my sons will inherit long after the years we've spent playing it are gone. I have a plan for this accepted expenditure now, I stick to it and I can look at our collection with pride instead of remorse.