CRLLS
Thinks s/he gets paid by the post
Does a tiger ever change his/her stripes?
I have been a frugal consumer all of my life. We have always had relatively simple needs and wants, at least compared to most around us. LBYM has been a lifestyle long before there was that phrase or acronym. Our 1st mortgage was turned down before we even filled out the application because the amount we wanted to borrow was not enough for the bank to bother with. We are now retired and have enough income stream to not have to worry a lot about what the things we want cost. We feel fortunate for that.
One example of recent LBYM: DW recently needed a new laptop. The older laptop was a consumer grade Samsung and was acting up, not repairable. Her computing needs are small but she wanted one with a DVD drive. She didn't want to bother with the external drive I have. Did you know that DVD drives are no longer standard features anymore? We bought a USED 2 generation old business computer for little more than WIN10 alone would have costs. Being a business computer, it is repairable. I just added a used Bluetooth module for a bit over $5 so now she can download pics from her inexpensive Huawei Android phone.
When I look for an item online either Amazon or eBay or just a Google shopping search, I almost always sort the results by price. I still look at product and seller reviews, then select based on my perceived value. I don't like paying more for an item if it can be had elsewhere for a better price.
It is not like I can't spend more for those items I deem worth the value to me/us. I will pay up for certain "features" or "service". Case in point: I'm currently comparing various Alaska Cruise/Land packages. I'm looking at Balcony Stateroom or probably a Jr suite, even though there is a big $ difference (a couple thou for the 2 of us). But my process is still the same. I chose a cruise line and a particular date and itinerary. Then I revert to my old self and start the search for the best deals on that itinerary. In reality, any one of them would fit our planned budget. Maybe I should just pick one and stop searching for the best value.
Does this mentality of LBYM ever end?
I have been a frugal consumer all of my life. We have always had relatively simple needs and wants, at least compared to most around us. LBYM has been a lifestyle long before there was that phrase or acronym. Our 1st mortgage was turned down before we even filled out the application because the amount we wanted to borrow was not enough for the bank to bother with. We are now retired and have enough income stream to not have to worry a lot about what the things we want cost. We feel fortunate for that.
One example of recent LBYM: DW recently needed a new laptop. The older laptop was a consumer grade Samsung and was acting up, not repairable. Her computing needs are small but she wanted one with a DVD drive. She didn't want to bother with the external drive I have. Did you know that DVD drives are no longer standard features anymore? We bought a USED 2 generation old business computer for little more than WIN10 alone would have costs. Being a business computer, it is repairable. I just added a used Bluetooth module for a bit over $5 so now she can download pics from her inexpensive Huawei Android phone.
When I look for an item online either Amazon or eBay or just a Google shopping search, I almost always sort the results by price. I still look at product and seller reviews, then select based on my perceived value. I don't like paying more for an item if it can be had elsewhere for a better price.
It is not like I can't spend more for those items I deem worth the value to me/us. I will pay up for certain "features" or "service". Case in point: I'm currently comparing various Alaska Cruise/Land packages. I'm looking at Balcony Stateroom or probably a Jr suite, even though there is a big $ difference (a couple thou for the 2 of us). But my process is still the same. I chose a cruise line and a particular date and itinerary. Then I revert to my old self and start the search for the best deals on that itinerary. In reality, any one of them would fit our planned budget. Maybe I should just pick one and stop searching for the best value.
Does this mentality of LBYM ever end?