During his reign James' extravagance became a big issue; he spent extreme amounts of money on materialistic things. For example, James spent 185,000 on jewels and his wardrobe expenses quadrupled. Compared to Elizabeth, James spent 500,000 per annum while Elizabeth spends 300,000 per annum. On entertainment, Elizabeth spent 30,000 while James spent 80,000 per annum, James would hold extravagant/lavish masquerade balls and tournaments. This shows James' extravagance compared to Elizabeths spending, where Elizabeth was frugal James was extravagant and generous. James took his spending a step further when he gave rewards to his 'favorites' with; money, land, or other expensive, extravagant gifts. There were also no expenses spared when it came to family. James' daughter Elizabeth's wedding costing 116,000. This not only annoyed parliament massively but massively impacted his finances. James clearly liked very extravagant nice things and liked to treat his 'favorites' well. However, this caused him to use up an enormous amount of his subsidies. This backs up the view of the question that James' extravagance was the most important cause of his financial problems.