Being frugal is not that great if you ask me
- FrankN
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- FrankN
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- Breakinger
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- FrankN
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- Medi
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- FrugalFran
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- Medi
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I suppose we can bluntly admit that among all the purposes of saving money, buying luxurious things is indeed one of them. I released the tension a bit by allowing myself to buy shoes or expensive favorite food once in a while. As long as there is a sensible limit, it's still possible.Breakinger wrote:
Medi wrote: Saving up excessively with the mindset to 'simply be rich' is not ideal, given that we live in this kind of age. We do need to save up for celebrating the birthday of someone important, buying necessary books for classes, getting treatment for our parents' illness, and so on. It's about priority.
This is exactly how I feel, Medi. I know a few people that do nothing but work because they feel that they need to have all of this money put into their savings and they live with almost nothing. It seems to me that they are missing out on some of the good things in life because they are too worried about spending some of their savings. I don't know how they go through life like this.
- Breakinger
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Medi wrote: Saving up excessively with the mindset to 'simply be rich' is not ideal, given that we live in this kind of age. We do need to save up for celebrating the birthday of someone important, buying necessary books for classes, getting treatment for our parents' illness, and so on. It's about priority.
This is exactly how I feel, Medi. I know a few people that do nothing but work because they feel that they need to have all of this money put into their savings and they live with almost nothing. It seems to me that they are missing out on some of the good things in life because they are too worried about spending some of their savings. I don't know how they go through life like this.
- FrankN
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- Medi
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- Curry
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Rob101 wrote: This is of course just my personal opinion, but frugality has aways been a ticket to mediocrity in my opinion. One thing is to never go overboard with what you spend and what you earn, but constalty lookig at what you spend and always trying to save every cent possible is not the best approach. I say try to live just a bit ver your means and this will force you to look for ways to earn more money.
That is truly the way to success.
What you're advocating is a life constantly in debt under the guise of that debt being a motivational tool. Therefore, debt is not taken seriously in the way that it should be. You seem to be taking a personal approach to business decisions and I, personally, think that is a recipe for both personal and financial disaster.
- FrankN
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