Jump to content

Is frugality addictive?


  • Please log in to reply
27 replies to this topic

#1 Wallymaduka

Posted 28 January 2013 - 11:18 AM

This morning, I realised that there were 2 days worth of toothpaste left (if I really sqeezed the tube) until a visit to the dentist tomorrow gives me a complimentary tube.  I've purposely not rushed out and bought new toothpaste for this reason.  

Grocery catalogues are studied, and I get a kick out of paying 50c less per kilo for grapes at one particular supermarket over the other.  Taking it further, I weigh up the benefits against the cost of fuel and time running around between competing supermarkets...

Every single plan, contract and paid service is researched to the enth degree just to make sure I'm getting the cheaper deal with quality product.

Every dollar spent has it's special place in my monthly spread sheet, and every receipt is golden, lol.  The end goal (20K in 10 months) is plotted on a graph from which this data feeds in to.  I look at this graph probably a little too much ph34r.gif  

I live well, and afford most things, and have a very good well paying career, but recent circumstances have forced me to look at the way pennies are spent, I've slowly become consumed by the cause.

Anyone else share this infliction? tongue.gif

#2 CharliMarley

Posted 28 January 2013 - 11:24 AM

I think it is in the genes, if you do this. You will probably find that your forbears going through wars and depression, also did these things to make ends meet. I really don't have frugal people in my genes, but my DH does and he wears clothes until they are falling off him. roll2.gif

#3 wanting3

Posted 28 January 2013 - 11:30 AM

OMG, I am off to put a savings chart in my budget spreadsheet. I too watch my pennies to the nth degree. I even shop on the way home from work, with 2 tired DD's in order to NOT go to the shops on a Saturday, which would see me travel 20 minutes either way. I am also working out the best day to go the long way home, in order to go past a cheap, but really good butcher, again with 2 babies in tow.

I even have my budget spreadsheet to give me a chart which shows in percentages, how much I am spending in each category. I update it daily happy.gif

If only DH was as commited to saving as I am glare.gif

#4 BellaMoja

Posted 28 January 2013 - 11:37 AM

It could be in the genes as a PP said. My grandfather was VERY frugal (to the point of it being too much) and my mother is too but not to the same extent.

I think this is AWESOME and should probably start scrutinizing my spending and start properly planning my spending - it is worth it and good for you! I hope you achieve your goal!

#5 Beancat

Posted 28 January 2013 - 11:43 AM

I think its in the genes too.  I have good intentions but then think nothing of splurging $50 on takeaway for tea.  Yet I will happily study the catalogues for the best deals and haggle on prices/contracts as appropriate

#6 erindiv

Posted 28 January 2013 - 11:55 AM

QUOTE (wanting3 @ 28/01/2013, 12:30 PM) <{POST_SNAPBACK}>
I even have my budget spreadsheet to give me a chart which shows in percentages, how much I am spending in each category. I update it daily happy.gif


How did you set this up? I want it for my budget spreadsheet!

#7 Freddie'sMum

Posted 28 January 2013 - 11:58 AM

Yes it probably is addictive (and in the genes)

and

No - it hasn't happened to me yet original.gif



#8 bubblebear

Posted 28 January 2013 - 12:06 PM

I wish it was like this for me! I dream of being a better saver, tracking my spending etc and then I forget. I would like this to be the year I improve.

OP your spreadsheet sounds amazing, I'd love something like that! The graph in particular sounds very satisfying.

#9 librablonde

Posted 28 January 2013 - 12:16 PM

My mum is like that, OP. She watches every cent and makes it work for her. She sees frugality as a delicious challenge and that somehow she's beating The System if she scores a bargain or a freebie. Somehow she gets by on the old age pension and manages to afford presents for all the grandkids and feeding her menagerie of pets.

#10 Magnus

Posted 28 January 2013 - 12:19 PM

I think it is addictive for certain personality types.

I don't think this includes me, but I'm not bad with money. I'd probably do the toothpaste thing, cos I usually squeeze as much as possible out.

I'm not sure I wouldn't find a spreadsheet really oppressive, though.

I find it hard to get a good balance between trying to scrimp and save and managing to enjoy the present.

I think the main thing that would help my spending would be to set a strict limit for spending on outings with friends and family. 'No, we can only go to places where we can get dinner for under $10 per person.' Not likely to work, though. tongue.gif

#11 StopTheGoats

Posted 28 January 2013 - 12:22 PM

My husband is very good with his money. In his family, waste is sort of a moral issue and they proudly show off the jumper they purchaed 40 years ago. Weird to me. Being a dyed in the wool bogan I love the feeling of wasting money. laughing2.gif

I used to try to please him by spending less but now I realise its a pointless exercise as he'll simply identify a new place to make savings. This has nothing to do with how much money we have in the bank. Lucky we love each other original.gif

Edited by JuniorSpies, 28 January 2013 - 12:24 PM.


#12 cinnabubble

Posted 28 January 2013 - 12:22 PM

Sounds kind of depressing and limiting. It probably isn't in my genes.

#13 Wallymaduka

Posted 28 January 2013 - 12:34 PM

Glad I'm not the only one then original.gif

It's turned into a bit of sport for me.  Still enjoy the moment and splurge on treats, but they feel more justified and 'deserved' now. Each month's budget includes an amount for random purchases/treats and entertainment, so it never feels as though I'm double dipping anywhere.

And watching that line graph slowly creep it's way up to the goal - very motivating.

#14 middle

Posted 28 January 2013 - 12:37 PM

hi 808state and wanting3,

do you have a link for your budget with the graph/percentages attached to it or is it something that you have created yourself.  if so how do you do it as i am not very computer literate.  i am very interested in attaching it to my budget.

#15 Wallymaduka

Posted 28 January 2013 - 12:42 PM

Hi there Middle

No, just something created from home.  I couldn't find anything on the web that suited, so just played around with excel to create something workable.

#16 wanting3

Posted 28 January 2013 - 12:49 PM

QUOTE (middle @ 28/01/2013, 01:37 PM) <{POST_SNAPBACK}>
hi 808state and wanting3,

do you have a link for your budget with the graph/percentages attached to it or is it something that you have created yourself.  if so how do you do it as i am not very computer literate.  i am very interested in attaching it to my budget.


I made it myself, and am very proud of my effort. PM me and I will send you a copy.

#17 Lees75

Posted 28 January 2013 - 01:28 PM

QUOTE (808state @ 28/01/2013, 01:04 PM) <{POST_SNAPBACK}>
Glad I'm not the only one then original.gif

It's turned into a bit of sport for me.  Still enjoy the moment and splurge on treats, but they feel more justified and 'deserved' now. Each month's budget includes an amount for random purchases/treats and entertainment, so it never feels as though I'm double dipping anywhere.

And watching that line graph slowly creep it's way up to the goal - very motivating.

Sounds just like me:) I budget every cent, but spend guilt free, provided it comes out of the right budget category.

I have recently gotten into YNAB (you need a budget). The software is awesome and the forums are full of like minded people.

I need to save $10k at least for our USA trip next year, so it is relatively easy to stay focused.

#18 middle

Posted 28 January 2013 - 01:51 PM

hi wanting 3,

i have pm you i hope that i have done it correctly as i am new to this
thank you middle

#19 Feralishous

Posted 28 January 2013 - 02:13 PM

we have the same sort of set up, and our bank lets you set savings goals, and sends reminder messages original.gif
I do have to stop getting 'bargains' that we don't really need this year

#20 eigne

Posted 28 January 2013 - 02:37 PM

Hi there,

I tried to send a pm re home made spreadsheets but the system crashed. I'm keen to start budgeting after being hit with some very large, unexpected bills as I'm going on holidays later this year.

I'm also very good with excel so I'd be interested to see what you have out together.



#21 Nataliah

Posted 28 January 2013 - 02:40 PM

I'm not sure about addictive, but I wish it was contagious and some of you girls could rub off on me sad.gif

#22 FeralProudSwahili

Posted 28 January 2013 - 08:36 PM

Ugh, it sounds like a depressing way to live.

#23 kpingitquiet

Posted 28 January 2013 - 08:57 PM

I go through phases. Right now I need to be in a skinflint mega-tracker phase but appear to have been bitten by this cool Fallish weather that makes me want to spend and shop and drive to little cafes. Must! Fight! Urges!

I have nifty graphs on my spreadsheet. Unfortunately they're all straight lines at the moment sad.gif I blame ttc anxiety original.gif

#24 starfire

Posted 28 January 2013 - 09:21 PM

I used to be really good at shopping smart but for some reason have let my habits slide. We need to get back into it. It can be addictive and exciting when you strike a great deal/find a great special. biggrin.gif

I used to buy cheese and all that in bulk, grate the cheese with a food processor and freeze about 1 cup/2 cups worth in bags. Ahh those were the days!

I am planning on easing myself back into it by buying in bulk laundry powder, dishwasher tablets etc again.

Need to do a budget but its a bit hard when DH doesn't really follow it - I have tried meal planning but he will decide not to eat the meals I have put out and suggest other meal ideas and rendering my plans useless (can't refreeze defrosted meat etc)

Hmm, maybe this thread is a great kickstart for me to get motivated! biggrin.gif

#25 ~iMum~

Posted 28 January 2013 - 09:28 PM

QUOTE (erindiv @ 28/01/2013, 11:55 AM) <{POST_SNAPBACK}>
How did you set this up? I want it for my budget spreadsheet!


I'd love something like this, too. It would make it harder for me to gloss over what I really shouldn't when budgeting.




1 user(s) are reading this topic

0 members, 1 guests, 0 anonymous users

 

Special Ticket Offer, Save $8!

The Essential Baby & Toddler Show is back this April! Save $8 off the door price for a limited time only!

Finding baby name inspiration in unusual places

Sometimes the greatest baby name ideas come from the most unexpected places, as these EB members show.

The case for inducing at 37 weeks

While we often think of pregnancy as a 40 week affair, experts agree that 37 weeks is actually “full term". So is there an argument for inducing all births at 37 weeks?

Does controlled crying really work?

Controlled-crying techniques may help some babies sleep through the night, but for many exhausted new parents, it's just a recipe for more tears all round.

How I taught my infant to use a toilet

As people become more aware of these benefits, I hope more parents will practice this method, so we can cut down on nappies and improve baby bonding.

'I thought it was impossible': Emily Symons pregnant at 45

Aussie actress Emily Symons has announced she is pregnant with her first baby.

Shallow water blackout kills fit, healthy dad

A little girl will grow up without her father after the fit and healthy 34-year-old passed away while doing something he had practised his whole life.

Afternoon naps may be bad for toddlers' sleep

You could be doing yourself a disservice by encouraging your toddler to have an afternoon nap, according to new research.

Best gifts for newborns, new mums and christenings

We've compiled a guide to some of the most popular presents for newborns and new mums, and for christenings and naming days.

Jaime King to be a mum again

Actress Jaime King is pregnant with her second child, giving 16-month-old James a sibling.

Nannies should receive government funding

The Abbott government should extend funding to nannies, and direct childcare payments to low and middle income families, a landmark study on childcare has found. 

Common skin irritations in newborns (and how to treat them)

As many as one in two newborn babies suffer from skin irritations in their first few weeks. So what are the most common rashes and irritations to look out for?

10 wall decals for the nursery or playroom

Wall decals are the answer to creating a beautiful nursery or children's space without lifting a paint brush, a spirit level or even a hammer.

Preschooler walks 2.4km home alone

Three-year-old Cain Trainor headed off home after his first day at a new preschool without telling anyone.

Video: Why mums get nothing done

In spite of being in an almost constant state of motion while looking after the kids and trying to keep things together at home, it can seem as though parents have managed to get nothing on the to-do list done by the end of the day.

The middle name game

The middle name is no longer an afterthought, and parents' inspiration comes from many places.

Have a baby or your money back - but there's a catch

A new IVF scheme offers couples the chance to fall pregnant and give birth - or get their money back. But there's more to it than you might think.

A rare glimpse inside the womb

A baby born still inside the amniotic sac gave US doctors a rare glimpse at life inside the womb.

Battered mum forced to write to her attacker ex in jail

Three years ago Jason Hughes viciously attacked his ex-partner. Now she has to write to him three times a year.

Woman pleads not guilty to ultrasound scam

A West Australian woman will fight allegations that she scammed expectant mums by selling them fake ultrasound pictures of babies.

Download now: Essential Kids Activity Finder app

Got bored kids? Quickly find the best activities for kids wherever you are in Australia with the Essential Kids app.

 
Advertisement
 
Advertisement
 
 
 

What's hot on EB

Brain damaged mum receives compensation

A Sydney mother who suffered brain damage when she was hit by a car while pushing her newborn baby in a pram has reached a confidential out-of-court settlement with the driver's insurance company.

Indigenous midwives break down the barriers

A culturally sensitive midwifery service has gained the trust and respect of Aboriginal women.

The Katering Show's next big delivery

Most mums-to-be plan to take things easy and perhaps have a little break from work as the birth of their baby draws near. Not Kate McCartney.

53 creative pregnancy announcements

Announcing that you're expecting can be a time to express your creativity, sense of humour and imagination. Check out how other parents and parents-to-be have broken the news to friends and family.

Why I have mixed feelings about Cindy Crawford's leaked photo

Last week an un-retouched photo of model Cindy Crawford surfaced, showing the 48-year-old mother-of -two posing in underwear.

How to create a Peppa Pig pancake

Thought your toddler could not love pancakes any more than they already do? How about if the breakfast treat came in the shape of every two-year-old's favourite cartoon character?

'It's a little life, not a little loss': pregnancy after miscarriage

I thought I was never going to be able to have a successful pregnancy. I decided that I wasn't going to form an emotional attachment with this baby.

Bonds Baby Search 2015: what you need to know

February 18 marks the start of one of the most prolific annual baby competitions in Australia: the Bonds Baby Search. And this year is going to be more special than ever.

Who will manage your Facebook account when you're gone?

This is not something that people like to talk about, but Facebook has announced that it will grant users more control over what happens to their pages after they die.

Struggling mum of four wins $188 million

Mother of four Marie Holmes was financially struggling after quitting her jobs at Walmart and McDonald's in order to care for her children.

Pregnant obese women a 'relatively new problem', coroner hears

A first-time mother whose daughter died hours after her frightening birth insists she was never told of the risks of being obese and pregnant.

'I'm angry as hell': the story behind mum's passionate vaccination plea

She has labelled parents who do not vaccinate their children "misinformed imbeciles" - and for that, she makes no apologies.

IKEA hacks for the nursery and kids' rooms

Are you one of those that know the whole IKEA catalogue by heart? Love their stuff but want to personalise it? Here's some inspiration to help you realise the potential of IKEA furniture and fittings.

8 different kinds of tantrums

I never thought I’d say this, but for a brief moment last week, Kim Kardashian and I had something in common: both our kids had public tantrums.

Polycystic ovary syndrome: symptoms, treatment and your fertility

Polycystic ovary syndrome (PCOS) is the most common female hormonal condition, affecting roughly one in 12 Australian women.

What's the best position for giving birth?

If doing it on your back is out, what's the best position for labour and birth?

Wife forgives snake catcher husband for car surprise

With Valentine's Day coming up, Nat Gilbert could be forgiven for thinking her husband might be planning a surprise for her.

Kids who meet milestones at their own pace

We usually only hear the success stories: tales of the two-year-old who’s talking, running and completely toilet trained. But other stories need to be told too.

Ruby shines as Bonds Baby

Sarah Kiss has a word of advice for proud mums and dads who are keen to enter their babies in this year's Bonds Baby Search Competition - just have fun.

Why dads should go to sleep school

If your family needs to go to sleep school, go with them. You are part of that family and you are part of the solution.

36 baby names inspired by food and drinks

A French court may have ruled out Nutella as a baby name, but that doesn't have to stop you from taking inspiration from the supermarket (or bottle shop). See what parents in the US have chosen for their delicious little ones.

Clever breastfeeding products

Check out this range of products designed to help make your breastfeeding journey more enjoyable, manageable and convenient.

 

Win a KitchenAid Mixer

Let's celebrate 300,000 fans on Facebook

To celebrate, and to thank our amazing fans, we?re giving away a KitchenAid Artisan Tilt-Head Stand Mixer.

 
Advertisement
 
 
Essential Baby and Essential Kids is the place to find parenting information and parenting support relating to conception, pregnancy, birth, babies, toddlers, kids, maternity, family budgeting, family travel, nutrition and wellbeing, family entertainment, kids entertainment, tips for the family home, child-friendly recipes and parenting. Try our pregnancy due date calculator to determine your due date, or our ovulation calculator to predict ovulation and your fertile period. Our pregnancy week by week guide shows your baby's stages of development. Access our very active mum's discussion groups in the Essential Baby forums or the Essential Kids forums to talk to mums about conception, pregnancy, birth, babies, toddlers, kids and parenting lifestyle. Essential Baby also offers a baby names database of more than 22,000 baby names, popular baby names, boys' names, girls' names and baby names advice in our baby names forum. Essential Kids features a range of free printable worksheets for kids from preschool years through to primary school years. For the latest baby clothes, maternity clothes, maternity accessories, toddler products, kids toys and kids clothing, breastfeeding and other parenting resources, check out Essential Baby and Essential Kids.