Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Frugal or tight: Where's the line?
Old 07-11-2009, 04:44 PM   #1
Moderator Emeritus
Khan's Avatar
 
Join Date: Aug 2006
Location: Pine Island, Florida
Posts: 6,868
Send a message via AIM to Khan
Frugal or tight: Where's the line?

Frugal or tight: Where's the line? - MSN Money
__________________

__________________
"Knowin' no one nowhere's gonna miss us when we're gone..."
Khan is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 07-11-2009, 05:00 PM   #2
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,860
Quote:
First, let's settle on definitions. What might seem perfectly normal to one "frugalite" (washing sandwich bags, say, or Dumpster diving) might seem beyond the pale to another.
Washing sandwich bags is in the same category as dumpster diving? OK...
__________________

__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is offline   Reply With Quote
Old 07-11-2009, 06:07 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Dallas 'burb
Posts: 9,039
To me frugal is when you use a sandwich bag twice. Tight is when you staple the used bag because the seams have torn.
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 07-11-2009, 07:27 PM   #4
Confused about dryer sheets
 
Join Date: Sep 2008
Posts: 8
Quote:
Originally Posted by bbbamI View Post
To me frugal is when you use a sandwich bag twice. Tight is when you staple the used bag because the seams have torn.

...sandwich bags!?! Anybody remember wax paper or plastic wrap? Guess that's too old school...
__________________
tarheeljim is offline   Reply With Quote
Old 07-11-2009, 07:31 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,971
Quote:
Originally Posted by bbbamI View Post
To me frugal is when you use a sandwich bag twice. Tight is when you staple the used bag because the seams have torn.
What if you use Tupperware instead of plastic bags? A box of sandwich bags will last us for years, we use them very rarely.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 07-11-2009, 07:36 PM   #6
Thinks s/he gets paid by the post
 
Join Date: Mar 2009
Location: Pittsburgh, PA suburbs
Posts: 1,769
Ditto on the Tupperware or Rubbermaid containers. I just wash them out and reuse them. I will reuse bags if I have just stored bread or something like that in them. Otherwise I toss them due to squeamishness about something bacterial lurking.
__________________
WhoDaresWins is offline   Reply With Quote
Old 07-11-2009, 07:43 PM   #7
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
freebird5825's Avatar
 
Join Date: Feb 2008
Location: East Nowhere, 43N Latitude, NY
Posts: 9,017
I say I'm frugal.
dh2b says I'm tight.*

I will repair things that really should be thrown away with my infamous tube of Marine Goop. I will repair something once or twice. When it fails again, out it goes.
I save all sorts of plastic containers for re-use in the garage. I re-use them regularly to avoid clutter and then recycle them.
"Use your plastic twice" is a favorite motto.
I use half a paper napkin at the table and half a tissue for wiping my eyes after eyedrops. He gets the other half.
I buy only items on sale inless it is a food item I need now, like milk or eggs.

* watch it, peanut gallery members at large
__________________
"All our dreams can come true, if we have the courage to pursue them." - Walt Disney
freebird5825 is offline   Reply With Quote
Old 07-11-2009, 07:44 PM   #8
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Dallas 'burb
Posts: 9,039
Sandwich bags be gettin' a bad rep!
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 07-11-2009, 07:48 PM   #9
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,094
Quote:
Originally Posted by bbbamI View Post
Sandwich bags be gettin' a bad rep!
Back when I was brown baggin my lunch, I was partial to these...
Attached Images
File Type: jpg antitheftsandwichbag.jpg (73.9 KB, 7 views)
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 07-11-2009, 07:55 PM   #10
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Dallas 'burb
Posts: 9,039
So that's how penicillin was discovered.....
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 07-11-2009, 07:56 PM   #11
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,094
That's what you want the lunch thieves to think....
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 07-11-2009, 08:51 PM   #12
Recycles dryer sheets
 
Join Date: May 2009
Location: Ottawa and Fort Myers
Posts: 488
the DW and I order one meal in restaurants and split the food.
__________________
Kroeran is offline   Reply With Quote
Old 07-11-2009, 09:05 PM   #13
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,032
My most frugal (okay cheap ) thing is I will not join Sam's club . I search for a one day pass and then I load up on all the Sam's club items I like . I do this a few times a year .
__________________
Moemg is offline   Reply With Quote
Old 07-11-2009, 09:35 PM   #14
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,617
Quote:
Originally Posted by Want2retire View Post
Washing sandwich bags is in the same category as dumpster diving? OK...
Hey, let's not impugn our dedicated dumpster divers. I resemble that remark.

I don't make the time to live completely freegan. But it's a nice skill to know if I need it.

I think frugality is just simple living-- a lifestyle that avoids waste. Extraordinary frugality, however, can be deprivation. Everyone understands how to avoid waste, but everyone also has a standard of living they're not willing to give up to achieve that level of avoiding waste. ER benefits from frugality, but it doesn't require extreme frugality. Except possibly for this guy.

Everyone has a line between frugality & deprivation that they choose not to cross. The difference is that frugality feels good and makes you enthusiastic about reaching your goals. It's a challenge, and when you're doing well then you feel like a winner. You might not even miss the materialistic lifestyle that you're doing without. Deprivation is always doing without for a higher priority, willingly or not. Frugality matches your values and usually frees up quite a bit of savings. You're living a life that you enjoy and you're making progress toward your goals-- it's easy to feel good about it. Deprivation, however, rarely matches your values and feels more like slavery than volunteering. You may be making great progress but it's definitely not easy and you will not feel good about it. Prolonged deprivation is extremely difficult to voluntarily sustain and it usually leads to unhappiness...
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Old 07-12-2009, 07:08 AM   #15
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Midpack's Avatar
 
Join Date: Jan 2008
Location: Chicagoland
Posts: 11,971
Maybe we should start a thread on what each of us specifically consider frugal vs tight. Has it been done (recently)?
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
Midpack is offline   Reply With Quote
Old 07-12-2009, 08:00 AM   #16
Thinks s/he gets paid by the post
 
Join Date: Mar 2009
Location: Pittsburgh, PA suburbs
Posts: 1,769
As for dumpster diving, many years ago, when I was newly married and living in a roach infested studio apartment in NYC, my husband and I used to take walks on the evenings the trash went out on the sidewalks for collection the next day. We picked up some nice things: clothes hangers, a suitcase, a kitchen table, a floor lamp, working manual typewriter. I think I am frugal but not cheap. I try to get the most bang for my buck but I also give a lot of things to friends and donate to the thrift stores. I gave the newly married daughter of a friend an oriental rug, some chairs and a lot of kitchen stuff that I no longer have room for since I have downsized into a smaller house. It is great to see those things in her home where she is making use of them. I hate to see waste in anything and feel good about things being used.
__________________
WhoDaresWins is offline   Reply With Quote
Old 07-12-2009, 08:04 AM   #17
Thinks s/he gets paid by the post
 
Join Date: Mar 2009
Location: Pittsburgh, PA suburbs
Posts: 1,769
Oh, and REWahoo, I LOVED your sandwich bags. Had a chuckle over them. Your sandwich would have been summarily pitched from our office kitchen fridge, name or no name on the item. Unless we knew about your penchant for bag artistry of course.
__________________
WhoDaresWins is offline   Reply With Quote
Old 07-12-2009, 09:15 AM   #18
Full time employment: Posting here.
hankster's Avatar
 
Join Date: Jan 2008
Posts: 645
Frugal...Buying inexpensive toilet paper

Cheap...Recycling your toilet paper
__________________
"There is no dignity quite so impressive, and no independence quite so important, as living within your means." Calvin Coolidge
hankster is offline   Reply With Quote
Old 07-12-2009, 09:17 AM   #19
Moderator
ziggy29's Avatar
 
Join Date: Oct 2005
Location: Texas
Posts: 15,612
When you decide something isn't worth spending money on, you're frugal. When you don't spend money other people wish you'd spend, you're tight...
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)

RIP to Reemy, my avatar dog (2003 - 9/16/2017)
ziggy29 is offline   Reply With Quote
Old 07-12-2009, 09:23 AM   #20
Administrator
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 38,860
Quote:
Originally Posted by ziggy29 View Post
When you decide something isn't worth spending money on, you're frugal. When you don't spend money other people wish you'd spend, you're tight...
Ding ding ding!! We have a winnah...
__________________

__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities.

- - H. Melville, 1851
W2R is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Home Equity Line of Credit Or Unsecured Personal Line of Credit? helocked Hi, I am... 18 05-03-2008 09:27 PM
Becoming More Frugal Danny Other topics 58 12-15-2006 11:45 AM
Becoming LESS Frugal shiny FIRE and Money 20 12-14-2006 11:31 PM
How frugal is too frugal? setab FIRE and Money 36 05-18-2006 01:51 PM

 

 
All times are GMT -6. The time now is 04:34 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.