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07-13-2010, 06:55 PM
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#41
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Full time employment: Posting here.
Join Date: Nov 2009
Posts: 592
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Find all the words mentioned as simply "judgments" - used by people to describe others, or sometimes themselves - and not always used negatively. As they say: judge not lest you be judged....
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07-13-2010, 07:19 PM
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#42
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Recycles dryer sheets
Join Date: May 2005
Posts: 444
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The OP has a valid point in the difference in mental attitude to what is basically the same goal – saving and investing for your needs and interests.
I’ll use two different books as examples of this – ‘Your money or Your life ‘by Joe Dominquez and ‘The Wealthy Barber’ by David Chilton
In the first, that attitude is ‘count, count, count, so you can spend less’. With little said about the investing part. (In fact I think chapter 6 should be titled ‘Don’t do what you love because it might cost you money’, a position that I think the authors received in early feedback since that chapter is discussed in the forward).
In the second the theme is ‘invest first, spending the remainder mostly as desired’. If your goal is investing, then invest. Count later if need be, but invest first.
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07-13-2010, 07:40 PM
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#43
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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By the way, here's my own example of "cheap", following Andrew Tobias's definition.
Back when I was with a megacorp, once a group of us went out for lunch on Friday. We all ordered different plates. At the end of the meal, we each tossed in what should be our fair share. As my dish was something less than $12, and I only had water to drink, I put in $20 and thought that would be quite generous. A friend sitting next to me did the same thing.
To our surprise, the guy at the end of the table whose task was to count the money, making sure there was enough for taxes and tips, announced that we were short!!!
Somebody was being CHEAP!!!
Later my friend told me that he observed that another guy only put in the same $20, but he had a more expensive dish, with drink, and dessert and coffee!
Now, that very same guy, at another time, tried to impress us by saying that when not finishing up a bottle of wine, he would put on a fancy bottle stopper with nitrogen injection, yet could always tell that the wine deteriorated when he drank it later. Ha!
I thought to myself that "You are CHEAP, buddy, no matter how exquisite a taste you claim to have". But I kept it to myself and simply replied that I had never tried that kind of nitrogen preservation, that my bottles were usually too cheap for me to do that, and that I usually drank them up each meal anyway.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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07-14-2010, 04:38 AM
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#44
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 6,258
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Henny Youngman Jokes
Over ten years gone (he died 2-24-98), but always in our hearts.
Quote:
A car hit a Jewish man. The paramedic says, "Are you comfortable?" The man says, "I make a good living."
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__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
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07-14-2010, 06:07 AM
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#45
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Full time employment: Posting here.
Join Date: Dec 2004
Posts: 699
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Quote:
Originally Posted by W2R
I always thought "frugal" and "content" both had a mildly positive connotation.
Now "cheap" can mean various things, especially for women, some not too positive.
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I agree - frugal is "in" - I see folks much more receptive to the word than years ago when it was analogous to "cheap".
Quote I love: "Economy is the art of getting most out of life" (or something close to that....)
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07-14-2010, 06:24 AM
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#46
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gone traveling
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
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Quote:
Originally Posted by NW-Bound
Now, that very same guy, at another time, tried to impress us by saying that when not finishing up a bottle of wine, he would put on a fancy bottle stopper with nitrogen injection, yet could always tell that the wine deteriorated when he drank it later.
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I guess I'm frugal. I never use nitrogen injection, and save the expense; if the bottle is opened, its contents are totally consumed ....
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07-14-2010, 06:52 AM
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#47
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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In case I might be misunderstood, I will add that I never intended to knock people who use nitrogen to preserve opened bottles of wine, or whose palate can tell the difference. It was only my reaction to this pretentious guy who would not even pay for his own meal!
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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07-14-2010, 07:13 AM
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#48
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gone traveling
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,851
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Quote:
Originally Posted by NW-Bound
In case I might be misunderstood, I will add that I never intended to knock people who use nitrogen to preserve opened bottles of wine, or whose palate can tell the difference. It was only my reaction to this pretentious guy who would not even pay for his own meal!
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Understood; I just "attempt" to inject humor wherever I see the opportunity ...
As for myself? I could never get the cork back in what I normally drink - inexpensive (e.g. cheap) box wine...
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07-14-2010, 08:19 AM
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#49
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2008
Posts: 13,146
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Quote:
Originally Posted by TomG
Or perhaps:
being cheap is to spend as little as possible, even if it means being uncomfortable
being frugal is to make yourself comfortable while spending as little as possible. It's been 108F around here, too. But I can drink a pitcher of ice water, stay mostly in one room that has both a ceiling fan and a high quality electric fan and feel cold even with the central air completely off
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I see now.....
Frugal = being Cheap with success
108F, wow. At least that must be a dry heat. Ceiling fans are great, aren't they. I had a 52" blade ceiling installed in my living room a few years ago and I love it. It really circulates the air well, plus adds light right in the center of the ceiling.
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
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07-14-2010, 08:24 AM
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#50
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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I have provided this quote from Andrew Tobias before and it is worth repeating here.
"It is possible to live well whether you are rich or poor. When you are poor, it just costs less." - Andrew Tobias
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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07-14-2010, 08:38 AM
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#51
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Thinks s/he gets paid by the post
Join Date: Nov 2009
Location: SF East Bay
Posts: 4,342
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Quote:
Originally Posted by NW-Bound
I have provided this quote from Andrew Tobias before and it is worth repeating here.
"It is possible to live well whether you are rich or poor. When you are poor, it just costs less." - Andrew Tobias
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Great quote NW-Bound. I hadn't seen that one before. I think it will become my new inspirational quote. Thanks!
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04-01-2017, 08:50 PM
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#52
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2003
Posts: 5,105
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a good one
__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
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04-02-2017, 10:04 AM
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#53
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Thinks s/he gets paid by the post
Join Date: Feb 2006
Posts: 4,872
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I'm frugal, but my life is abundant. An example would be my 2015 summer vacation; I spent $3k for a two months and rode by bicycle across the USA....... Not a lot if money for vast amounts if fun and adventure.
Sent from my iPhone using Early Retirement Forum
__________________
“So we beat on, boats against the current, borne back ceaselessly into the past.”
Current AA: 75% Equity Funds / 15% Bonds / 5% Stable Value /2% Cash / 3% TIAA Traditional
Retired Mar 2014 at age 52, target WR: 0.0%,
Income from pension and rent
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04-02-2017, 10:16 AM
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#54
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Thinks s/he gets paid by the post
Join Date: Nov 2009
Location: SF East Bay
Posts: 4,342
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$3K for so much exercise, experience, and fun is a great deal. Mooney very well spent, nun.
__________________
Contentedly ER, with 3 furry friends (now, sadly, 1).
Planning my escape to the wide open spaces in my campervan (with my remaining kitty, of course!)
On a mission to become the world's second most boring man.
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04-02-2017, 10:17 AM
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#55
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Thinks s/he gets paid by the post
Join Date: Sep 2002
Location: Silicon Valley
Posts: 1,008
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Nothing wrong with being frugal. It is making the best and wisest use of the resources you have. Being frugal allows one to have more enjoyment per dollar.
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Frugal and Cheap living are not good ideas
04-02-2017, 11:05 AM
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#56
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Thinks s/he gets paid by the post
Join Date: Feb 2006
Posts: 4,872
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Frugal and Cheap living are not good ideas
Quote:
Originally Posted by Major Tom
$3K for so much exercise, experience, and fun is a great deal. Mooney very well spent, nun.
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The exercise was free; the money went on a plane flight, food, campsites and some motels. I also took time out to do things other than riding and sightseeing like seeing a play in Port Stanley ON.
Sent from my iPhone using Early Retirement Forum
__________________
“So we beat on, boats against the current, borne back ceaselessly into the past.”
Current AA: 75% Equity Funds / 15% Bonds / 5% Stable Value /2% Cash / 3% TIAA Traditional
Retired Mar 2014 at age 52, target WR: 0.0%,
Income from pension and rent
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04-02-2017, 12:45 PM
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#57
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Feb 2013
Posts: 9,358
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The second chapter of The Millionaire Next Door was called "Frugal Frugal Frugal".
__________________
Even clouds seem bright and breezy, 'Cause the livin' is free and easy, See the rat race in a new way, Like you're wakin' up to a new day (Dr. Tarr and Professor Fether lyrics, Alan Parsons Project, based on an EA Poe story)
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04-02-2017, 02:09 PM
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#58
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2017
Location: City
Posts: 10,351
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When I buy something at a C-store and my change is a penny or two, often the minimum-wage clerk behind the counter asks if I want it. The implication is that it is too little to worry about. I take it.
I usually check CraigsList, Amazon-used, and eBay before I buy something new.
My wife clips grocery coupons.
My first and only car loan was right out of graduate school when I was young and dumb. Since then we have never bought a car that we couldn't afford to pay for.
We have more money than we will ever need. Last year we spent $40K on travel alone. All those years of picking up pennies, not necessarily buying new when used is available, and clipping coupons contributed to where we are today. You can call me anything you want. I call myself "happy." also "phenomenally lucky."
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04-02-2017, 04:18 PM
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#59
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Thinks s/he gets paid by the post
Join Date: Dec 2010
Location: Midwest
Posts: 1,795
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+1.
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04-02-2017, 04:38 PM
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#60
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Thinks s/he gets paid by the post
Join Date: Feb 2013
Location: Toronto
Posts: 3,321
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My Scot Presbyterian grandparents would be rolling in their graves to think that someone was suggesting that the word 'frugal' could possibly have negative connotations. My life is wonderful partly because I am frugal. 'Content' is an excellent word. As is the idea of living a life of gratitude. Reminds me of the story by Kurt Vonnegut below that most have probably heard or seen.
'True story, Word of Honor:
Joseph Heller, an important and funny writer
now dead,
and I were at a party given by a billionaire
on Shelter Island.
I said, “Joe, how does it make you feel
to know that our host only yesterday
may have made more money
than your novel ‘Catch-22’
has earned in its entire history?”
And Joe said, “I’ve got something he can never have.”
And I said, “What on earth could that be, Joe?”
And Joe said, “The knowledge that I’ve got enough.”
Not bad! Rest in peace!'
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