I have not always been a LBYM'er, but that was before my financial education, and at the time it took every last penny to even get by.
I do remember having to move back in with my parents/grandma in 2006 due to a roommate leaving, thus making my rent too expensive. Parents were kind enough not to charge me, and after a few months of working, and living rent free, I remember a specific time depositing a paycheck, the ATM spit out the receipt with my available balance in my checking account (my only asset at the time) $4000 some dollars!!!
I remember thinking to myself "Wow, this is the richest Ive ever been...I wonder what its like to have $10 grand!?"
Did some hard thinking, and realized that my newfound "riches" were 100% due to my lowered expenses. (Thanks mom and dad)
So I began to think of other ways to cut expenses even more, as I realized that my rent-free lifestyle wouldnt last forever, it was a huge opportunity. Eventually I took a job travelling the country, living in hotels and collecting per diem. Best part of that job...Not having to pay rent!
Looking back, Im not particularly proud of any of this, although it did teach me LBYM, and I guess Im just lucky to have parents who happily accepted and nurtured their poor boomerang kid.