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 Copper and May

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 IShallWearMidnight

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.




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users

 

11 things that will happen when you're breastfeeding

After having three children and various degrees of success feeding them all, there's one thing I can tell you: virtually nothing will go as planned.

Surgery for baby born with a tail

A baby born with a tail has had it removed after doctors feared the birth defect might cause long term damage to his lower body.

When 'skin to skin' becomes a family affair

An adorable photo of a little boy and his dad enjoying skin to skin contact with newborn twins is melting hearts everywhere.

35 hilariously weird 'top tips'

Who would have thunk it? We never knew there were so many uses for feminine hygiene products. 

Pregnancy skin woes: acne, dry skin, itchy skin

Here are some of the most common skin complaints in pregnancy and how to tackle them, face on.

Watch this fun dance class for babywearing dads

Is there anything sexier than a babywearing dad?

Parents, this is how to cut grapes to avoid choking

One mum has learnt a harrowing lesson about the best way to cut grapes to make it safe for toddlers and little kids to eat.

When your kids have totally different temperaments

Sometimes it has felt like whiplash parenting. She perches watchfully while I vacuum; he tries to climb on and go for a ride.

How do our stress levels influence our baby?

Since having my second baby a number of people have commented on how placid, content and settled he is and, similarly, many have commented on how this is a reflection of how I am with him.

Separation anxiety isn't just for kids

Despite its prevalence, most doctors tend to be reluctant to diagnose adult patients with separation anxiety.

A charm bracelet, a boy, and my beliefs questioned

I was staring at the face of my son, realising that my once steadfast decision to be open minded was quickly unravelling at the seams.

Why I'm so grateful for Hayden Panettiere's PND honesty

There are baby steps and giant leaps forward. But there are steps backwards, too. And, oh, how they can hurt your heart.

The heartbreaking story of little Moko

The mother of 3-year-old Moko Rangitoheriri said she should have picked up on the signs. {Warning: distressing content}

Kate Beckinsale and teen daughter recreate birth photo

Kate Beckinsale has recreated her daughter Lily's birth photo, 17 years after she was born.

The adult-size stroller you'll want to test drive

It's one of the biggest baby related purchases they will make, so it makes sense that parents-to-be get a chance to road test a stroller.

Pregnancy announcement shows the reality of IVF

It's a long way from baby booties or bump shots people have become accustomed to in social media pregnancy announcements.  

Soleil Moon Frye welcomes fourth baby

"Punky Brewster" is a mom again, for the fourth time. Soleil Moon Frye announced the birth of her baby boy, Story, on Instagram Wednesday.

Mum breastfeeds baby found abandoned on the street

A woman has been praised as a "beautiful mother" after breastfeeding a baby which had been abandoned at the side of a street. 

A birth with a difference: the 'natural caesarean'

We've shared stories of gentle caesareans before, but a new video shows a new option called a 'natural caesarean'.

Baby name inspiration by music genre

If you're all about the music, then you'll need a musical name for that baby. We've got all the lists for you by music genre.

Giving effective instructions to toddlers

One of the most common errors made by parents is in how they give instructions to their children.

 
Advertisement
 

Top 5 Articles

Advertisement
 
 
 

What's hot on EB

The babies who are one in 70 million

Bethani Webb was excited to find out she was pregnant, but the first time mum did not realise she was carrying four babies not one.

Cafe offers breastfeeding mums a free cup of tea

A Sydney cafe is offering breastfeeding mums free cups of tea in a bid to show support for the right of women to nurse their babies wherever they choose.

To snip or not to snip? When the decision is not clear cut

Jamie Oliver, who considered a vasectomy, is to be a father again. A fellow dad reflects on his own decision 11 years ago

Doctors stunned by rare twins born almost six weeks apart

To everyone's surprise, Kristen Miller "kept doing better each day", keeping her second baby safe.

Baby book ideas for modern parents

Before my son was born I was given a lovely baby book full of blank pages waiting to be filled with weights and heights and first words.

The adorable smile of a baby seeing his mum clearly for the first time

There is no doubt seeing their child smile for the first time is an unforgettable moment for parents everywhere.

Mum tells how toddler 'nearly hung himself' in cot mishap

When Alison Johnson put her 18-month-old Caleb down for a nap, she had no reason to believe her son was in any danger.

Babies are still switched at birth? Yes, it can happen

All my panic and tears aside, my biggest question looking back is about the kind of security measures used in the maternity ward.

Doctors slammed for taking selfie with newborn

Everyone who visits a mum in hospital in the days following childbirth wants to get a photo with the new baby.

ergoPouch Twosie Sleepsuit for winter breastfeeding

Finally, there's a way to keep warm while breastfeeding through winter.

Health check: How long does sex 'normally' last?

What to do with this information? My advice would be to try not to think about it during the throes of passion.

When breastfeeding sucks: fixing common problems

From niplash to tight boobs, biting to milk supply issues, Pinky McKay looks at common breastfeeding issues and how to solve them.

10 things I've learnt in my first six months with twins

Six months on we're all still alive, and the more we get to know each other the easier the days become.

Mum's loving kiss leaves baby fighting for life

Kirsty Carrington thought nothing of giving her newborn son a kiss, little did she know it would leave the baby fighting for life.

When doing chores is your new 'me time'

After children, 'me time' looks a little different.

Get going: 14 travel strollers for families on the move

A stroller can make or break travelling with a baby or toddler. Here are 15 great single travel stroller options.

10 ways toddlers are terrific

It always pays to remind yourself of how terrific toddlers can be - they're little like this for such a short time

 

Vintage Toys

The toys of your childhood

Take a trip down memory lane with these vinage and retro toys that you may have had in your childhood or your parent's childhood.

 
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.