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Being Frugal Makes You A Loser

ajkesslerblog.com

21–30 of 211 posts

Re: Being Frugal Makes You A Loser

#21
post #10

The strange hate for people who are "cheap" is one of the more bizarre about Americans. I don't think I've ever heard of frugality used as a pejorative anywhere else in the English-speaking world.

You're missing the point. The author has nothing against saving money or being frugal. He is just pointing out that for a variety of reasons, people who can afford better alternatives that would make them substantially happier/healthier/more productive choose cheaper alternatives for cheapness' sake.

It's a word trick. He's using a word that's most commonly a pejorative to draw people in, and then as people read the article they see that he just means that someone's exhibiting the literal meaning of loser (as in a 2 player game when there isn't a draw and there's a winner and a loser).

Re: Being Frugal Makes You A Loser

#24
I don't think that being frugal has ever been about going cheap.

Frugality is not about consuming but investing in your life: that often contradicts with cheap.

Frugality is about not buying things you don't need but buying things you can't live without. A frugal person will typically invest in quality because he knows he'll be using the item for years and doesn't want to replace it every few.

I wouldn't consider myself extremely frugal but my favorite shoes I'm wearing today I bought in the year 2000. They feel great, they have never had to been repaired, they resist water enough, the leather is in good condition and actually they didn't cost much (guesstimate in today's currency: 100-150€). But I have this mindset that I don't need new shoes just for the sake of new shoes. That's frugality. I will wear mine for another ten years if only they'll hold together and still look tidy enough to walk into the public. (They look used of course, but still tidy.) If they don't, I'll have to buy a replacement pair.

Frugality is also sometimes buying the cheapest thing. Buying a cheap electric drill is frugal if you only drill a few times a year, which makes the drill last for decades. Buying the best that money can buy would be frugal if you're a carpenter or do renovations every week and need a professional grade durability; however, if you're not doing that you're not frugal but rather just going on the hifi tangent and in reality you want to buy the expensive model because of your ego only.

Frugality also brings focus to—I was going to say consumption but I'll say personal investment instead. It makes sense to buy quality items for what you love: if you love riding a bike then investing in a quality bike is frugal because it saves you and the environment from unneeded consumption and hair-pulling. But you can't love everything either. You can't have the top of the line computer, screen, home theater, coffee grinder, washing machine, mattress, toilet seat, motorcycle, car, bike, camera, video camera, clothes, shoes, accessories and consider yourself frugal. You can have one or two because you simply can't be spending all of your time only grinding coffee, coding, washing laundry, riding a motorbike, and shooting photos.

And yes, being frugal inevitably does make me look like a loser in the eyes of some people. But then what?

Other people's opinions about me are none of my business anyway.

Re: Being Frugal Makes You A Loser

#25
I tend to buy in two strategies. Either so cheap but functional I don't mind throwing it out later (as eco bad as that might be), or buying good quality wares. I believe that if you can afford good quality wares, that that will both make you happier and leave you with something of substantial resale value. So it may be a better financial strategy. Compare cheap Target cabinet with "Handmade Amish Furniture."

That said, the tone of the article is well, smug and obnoxious, and makes no effort to understand that many people cannot afford the quality goods the author can, or just have different values.

For example, I use to drive sports cars and convertibles, but now I drive cheap econo-boxes. Why? They tend to be more reliable, less expensive per mile to maintain, and I drive too damn much and drive them into the ground. (And I have a poor resales strategy -- I don't get rid of the cars fast enough.) I sure do miss my convertibles. Really miss them too at this time of year. But they just had accelerated decrepitude in my hands.

Re: Being Frugal Makes You A Loser

#26
post #20

Wow, I disagree. Starting with expensive shoes. I wear flip-flops, shorts, and a t-shirt to work everyday. I'm pretty comfortable. I don't see the correlation between expensive footwear and comfort. Beds. Yes, you spend 1/3 your life in bed. And you spend it unconscious. You spend about 0.03% of your conscious life in bed while falling asleep (30 mins a day). But more importantly: Relax. Just because you make a certa…

> "I don't see the correlation between expensive footwear and comfort."

They often are more comfortable, it all depends on what you're doing. You wouldn't go on a long walk in those flip-flops, but if you did, you'd hope you'd have better shoes than $15 runners (seriously, huge difference).

But it's not just about comfort - it's about perception: how others perceive you, and how you perceive yourself. It's about hacking how others see you, and more importantly knowing yourself well enough to hack around your own behavior with your environment and possessions.

For example: cute girl over there, you want to go talk to her. What do you think will give you more confidence, you in a ratty but comfy t-shirt and shorts, or you dressed to the nines and knowing you look good enough to eat?

Another example: that work laptop you use every single day. They both compile code just as well as one another, but one is plasticky and flimsy, and the keyboard creaks annoyingly when you press a key a little too hard. The other is rock solid and feels like Zeus himself cast it out of Mt. Olympus. Which increases your productivity and general satisfaction while working?

> "Beds. Yes, you spend 1/3 your life in bed. And you spend it unconscious. You spend about 0.03% of your conscious life in bed while falling asleep (30 mins a day)."

Yes, but how rested you feel when you regain consciousness is very much related to the quality of your mattress. If we take your logic to its natural conclusion, we'd all just sleep on cardboard.

Re: Being Frugal Makes You A Loser

#27
Absolutely agree with this post.

I didn't grow up with a lot of money, and was raised on the 'If it's available Wal-Mart, buy it at Wal-Mart' mentality.

Looking back on this, I wasted so much money on crap that just got replaced.

Now, I spare no expense (within reason....) to buy the nicest of what I want. End result? I'm more picky about what I buy, so I have fewer, but nicer things. and I am rarely left thinking "Well I wish my X could do Y".

Re: Being Frugal Makes You A Loser

#30
The privilege of spending extra on "nice things" is almost purely in the realm of the well-to-do. This is the rationale Rich White People™ use when buying L.L. Bean backpacks (LIFETIME WARRANTY GUYS) that end up piled in attics and covered in dust from neglect. Also, a downside of 'nice stuff' is you have to lug it everywhere. If you lead even a moderately itinerant lifestyle, this totally blows. Don't listen to some guy on the internet telling you your stuff sucks, just buy what you damn well please and what you think will do the job. Your tools don't make you great, your skills do.
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