Focal 836's+amp+receiver. Don't currently have the space in my place that these speakers need, and it's a decent chunk of change.
Canon 40D+some L series lenses. I am waiting for a family member that has 4 canon lenses they don't use to figure out if they want to let me use them until they get a new body or not + another decent chunk of change.
Paintball crap (second set of equipment for starters). Haven't bought because I don't play enough, and wouldn't use it hardly ever (friends would get more use out of it).
New couch and bed. Haven't really gone out looking for either. The only couches I looked at are La-z-Boy and seem a bit expensive comparatively.
Some other crap I'm sure I am forgetting.
The main reason I am not buying any of it, is because my goal this year is to work on paying down outstanding loans (1 car, 1 personal, and student) so I can graduate college with no debt (of any kind). I do not want to become typical Joe Blow who is in debt so much that 3 life insurance policies couldn't cover it. Also if I can graduate with no debt I will be in a 100x better spot then 90% of college grads in that department.