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 spellfall

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

 

'Tired' mum dies of undiagnosed diabetes

New mum Nicky Rigby thought her exhaustion was due to the demands of looking after her baby. But the 26-year-old was seriously ill with diabetes, and died due to her condition not being diagnosed.

20 signs of a great relationship

The secret to a perfect relationship is admitting you are wrong after an argument, five kisses a day and sex twice a week, a new survey suggests.

Video: emotional 60-second Robin Williams tribute

Take a minute to remember some of the greatest films of your childhood ... and have a few tissues close at hand.

The realities of escaping domestic violence

?Why doesn?t she just leave?? is the common question people ask when trying to understand domestic violence. For many, leaving the relationship is far from straightforward.

Home truths: the DIY dos and don'ts

A professional renovator gives advice on which jobs you should do yourself, and which you should outsource.

Parenting lessons I?ve yet to learn

Instead of writing about the stuff I do know since becoming a mum, I thought I'd share some of the things I don't. These are the lessons that motherhood hasn't taught me.

Will I be wrecked 'down there' after birth?

Did you worry about how you would look "down there" after giving birth? This mum-to-be found plenty of women willing to share their knowledge.

The new weekend playgroup for working mums

Playgroups are great for kids and parents alike - but the downside is that they often meet during the week, leaving working mums out of the loop.

Letting your toddler be the boss at bedtime

Sick of spending hours trying to get your toddler to sleep? These experts say giving your child more of a say at bedtime might be the answer.

7 mistakes old hands make with new babies

As I sat across the table from my friend ? me, a seasoned mother of three; her, a brand new mum ? I thought of all the mistakes an old-hand parent can make when visiting a newborn baby.

Ezra's tragic death not in vain, mum says

Little Ezra was a "Harry Houdini" who loved trying to escape the family home. Now, after his tragic death, his parents are doing what they can to help others.

Consulting 'Dr Google' when you're pregnant

We're all guilty of turning to the internet for a quick answer when we need medical advice, but Dr Google should be approached with caution - especially when you're pregnant.

16 ways to tie a scarf

Scarfs are the perfect winter accessory. Whether you're freezing at soccer training or wanting to add a splash of colour to a monochrome top, the right scarf will sort you out in no time. Just ask Nina Proudman.

Video: When adults act like children

Ever wondered what would happen if adults were allowed to act like children? This dad's hilarious video clip will give you an idea of what life would be like.

The simple way to support other parents

We may be raising children of different ages and sexes, with different personalities, but we, as parents, aren't that different - we all have similar struggles, fears, doubts, responsibilities.

Seeing the big picture when it comes to parenting

Sometimes it feels like hundreds of tiny cracks are spreading across the surface of our lives, creeping slowly into the foundations and threatening to make them crumble. How do we hold it all together?

How to spot a lactaboobiephobia sufferer

Lactation consultant Meg Nagle refused to stay silent when Facebook removed two photos of her breastfeeding. Instead, she coined a term to describe those who don't recognise breastfeeding for the natural and non-sexual act that it is.

Win back some precious time and get FREE coupons

Membership to eBay's Bubs? Corner is free and includes a $10 coupon to spend on nappies each month - a win for multitasking mums!

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

Win back some precious time and get FREE coupons

Membership to eBay's Bubs? Corner is free and includes a $10 coupon to spend on nappies each month - a win for multitasking mums!

Do you suffer from Precious Firstborn Syndrome?

Testing ?no more tears? shampoo in your own eyes, warming cucumber sticks so they're not cold straight from the fridge, waking a sleeping baby to check they?re still breathing: these are all symptoms of Precious Firstborn Syndrome.

Ezra's tragic death not in vain, mum says

Little Ezra was a "Harry Houdini" who loved trying to escape the family home. Now, after his tragic death, his parents are doing what they can to help others.

7 mistakes old hands make with new babies

As I sat across the table from my friend ? me, a seasoned mother of three; her, a brand new mum ? I thought of all the mistakes an old-hand parent can make when visiting a newborn baby.

Video: When adults act like children

Ever wondered what would happen if adults were allowed to act like children? This dad's hilarious video clip will give you an idea of what life would be like.

Mums hit hardest as flu cases skyrocket

The number of confirmed cases of influenza in Australia has doubled the number for the same time last year - and women are 25 per cent more likely to get it.

The mum who had four babies in nine months

Feeling exhausted due to the demands of caring for a baby? Imagine the life of this mum, who gave birth to three boys and one girl in just nine months.

Everything baby at Big W

Lowest prices on everything baby, only at Big W. Sale starts August 4 and ends August 20 2014.

Smiggle is painting the town red!

We have 3 Red Smiggle prize packs to give away! Enter by posting a photo of something red to your Instagram.

Mum gives birth at school

He thought he'd get into the high chair for a laugh ... he wasn't laughing by the end of it.

Personalised baby gifts

We've scoured the internet to find gorgeous personalised keepsakes and nursery decor to record baby name and dates. They make great gifts for christenings, name days and birthdays! (All prices in AU.)

 

Mind, body, beauty, life

Making time for me

We look at your wellbeing, covering health, relationships, beauty and fashion, mind and body.

 
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.