5 ms·

spending a lot of effort on living frugal. There's just something off-putting about the thought of spending decades living frugally There's a whole range there

by gascan 8y ago

spending a lot of effort on living frugal. There's just something off-putting about the thought of spending decades living frugally There's a whole range there. You don't have to live on ramen. But you can be really aggressive about insurance premiums, utility bills, etc. You can learn home & auto repair & maintenance. You can make major life structure choices (Can your family live with one car?). These all can make a huge impact on your finances, and don't hurt the way perpetually living like a college student does. Counterpoint: Your chances of dying before "making it big" and retiring are somewhere in the 1-in-10 range. If this is the "get rich without getting particularly lucky" advice, perhaps we should assume it's also the "get rich without getting particularly unlucky" advice. There's an endless list of terribly unlucky things that would ruin just about anyone, but don't generally bear planning for.

sametmax 8y ago
> Can your family live with one car It's really funny to read that. It's probably very american to think 2 cars per family is the norm. I think if I group the 10 adults I see the most on average, we own 2 cars together. And we are all between 30 and 55.
- notyourwork 8y ago
  This depends on where you live though. Midwest basically required a car, living in Seattle and SF my wife and I never need a car. It’s not always as simple as grouping a population. America is big and diverse.
  - sametmax 8y ago
    I just came back from the valley, and I get that the american society and infrastructure is encouraging the to use a car. Like Australia. I also get that, living in a city in France, it's easier to avoid having a car. yet I note that you could have a motorbike. You could not have kids. You could move close to your work. You could move in an area requiring less car. You could change your job to one not needing a car. You could bike. You could care pool with friends/neighbors/coworkers. You could use public transports. Etc. But the car is an important artifact of the american culture. You kinda build the country around it, not the other way around.
    - nightski 8y ago
      Meh I live in the Midwest, in an area that pretty much requires a car. Yet my use is extremely limited (a few thousand miles per year). Mostly going to stores and back as I work from home. Yet we travel around the area to state parks, bike trails, etc.. every weekend. Even if I lived in a city, that doesn't mean I would want to be confined to the same 10 square miles my entire life. We live in a vast, beautiful country. Why isolate yourself to a tiny little block? Life is too short for that.
    - deleted 8y ago
      [deleted]
    - moate 8y ago
      Yes/No? Keep in mind, the shift from farming being a major employment sector happened while the current US infrastructure was being built. The highways and population distribution were in part because of that. Also the US is one of the world's largest in area, and while urbanization is being pushed due to changes in the labor needs, it's something that happens over time not over night. As for "you could do X" most of your statements aren't really proof of an American obsession with cars, just a different infrastructure choice relative to other nations. http://www.nationmaster.com/country-info/stats/Transport/Road/Motor-vehicles-per-1000-people http://www.nationmaster.com/country-info/stats/Transport/Roa... The US has 27% more cars than France per capita. That's statistically significant and reflects difference in city planning/culture, but IDK that I'd draw the same conclusions as you.
    - notyourwork 8y ago
      I guess you are convinced your generalization is sound in basis. Not everyone can afford to move closer to work, that’s a silly assumption. Big cities that lend well to public transportation are not affordable for everyone. You can’t always move closer to work, what if your spouse and you work on opposite parts of a region? I suppose next solution is one finds a new job or quits. Life’s not as simple as your naive point of view indicates.
      - sametmax 8y ago
        If I guaranty 5 million dollars in 3 years for somebody that can go without a car for so long, half of america would find a way. It's just a matter of priority and way of life, with constraints yes, but a choice none of the less.
- HeyLaughingBoy 8y ago
  "Norm" is probably more than two cars. I have a 17 year-old. When he gets his license, we have a car waiting for him (OK: it needs a bunch of repairs, but whatever). Right now, it's a pain in the ass to drive him places (like to & from work). In my neck of the woods, the average is probably 4-6 cars per family.
  - sametmax 8y ago
    It's really exotic for me :) I always thought so funny the american TV shows depicting a 16 years old fighting his parent over his/her first car, and finally getting it. My brother and I, we shared one small motorbike ^^
  - moate 8y ago
    National statistics disagree with you. IDK what your neck of the woods is, but there's millions of people who live in urban areas in which car ownership is completely foreign that bring those averages down. http://www.nationmaster.com/country-info/profiles/United-States/Transport http://www.nationmaster.com/country-info/profiles/United-Sta...
    - HeyLaughingBoy 8y ago
      Depends on which statistic you look at, I guess. One line says the US has 765 motor vehicles per 100 people and the next one down says it has 816 motor vehicles per 1,000 people. So which is it?
      - jandrese 8y ago
        765 vehicles per 100 people has to be a typo. 816 per 1000 sounds reasonable when you consider how many are childern, live in big cities, are in the military, etc... There are some pretty big classes of people who own no vehicles whatsoever. If you look at married suburban households the number will almost certainly be over 2. The most common case involves one person driving to work while the other shuffles kids around or has their own job. The public transport option may exist, but is likely inadequate (excessively slow) and undesirable.
- s73v3r_ 8y ago
  In the vast majority of the US, if you don't have a car, you don't go anywhere.
  - jandrese 8y ago
    Vast majority by land area. Per person it isn't so clear cut. Many people live in the city and don't own a car because using a car in the city is somewhat impractical and the public transport options are sufficient.
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    - s73v3r_ 8y ago
      That's really only doable in a couple cities in the US, though. Not having a car in Los Angeles, for instance, is extremely impractical.
      - jandrese 8y ago
        That's because LA is one bigass suburb.
- gascan 8y ago
  I completely agree, it's kind of nuts. It was only maybe sixty years ago that nobody but the rich could really afford two cars, and yet here we are today where it's basically taken for granted as a basic requirement of life in much of America. Which is why I wrote it that way.
  - deleted 8y ago
    [deleted]
hfdgiutdryg 8y ago
You can learn car & auto repair & maintenance. As someone who knows a lot about car and motorcycle maintenance, repair, and modification, this is not good advice, and I see it all over. You're far better off simply buying a new, cheap compact and taking it to Walmart for oil changes. You will come out far ahead of the person who invests money in tools and space, and time into learning how to do something that is so easily outsourced. The opportunity cost of maintenance is high. Don't get involved unless it's going to be a hobby that brings you satisfaction in and of itself. Sure, learn some very basics so you don't get blatantly ripped off by unscrupulous shops (bringing you a filthy air filter that doesn't even fit your car is one example), but don't invest much time or energy.
- gascan 8y ago
  I actually had meant to type "home & auto repair...". But anyway, IMO most of the value is learning what's going on in the car and the process of diagnosis. Many, many shops employ the "speculatively replace X and see if it fixes Y" iterative process, and being able to avoid that whole process is useful. You are right, the cost savings on doing your own oil changes isn't particularly significant. Although it's also worth pointing out oil changes are the most commoditized, sometimes-loss-leader service in the business- if there's a cost savings to be had, it's in moderate repairs that are a little more involved but don't require lots of equipment. Replacing an oxygen sensor or alternator, for example.
- chemochemo 8y ago
  Care to actually back up this claim with some numbers? As someone who buys reliable used cars (Hondas), maintains them himself, and owns them for 10+ years at a time this doesn't seem to be true. For just the depreciation cost of a new vehicle one could purchase every home auto repair tool they would likely need for a very long time.
  - marketgod 8y ago
    If you enjoy doing it, then it's a great incentive. If you do it because it saves money, then how else can you earn more money instead?
mikejharrison 8y ago
Or maybe a modern car and a classic car? I have a classic car and a few classic motorcycles. Great fun, easy to work on, parts are cheap, no MOT, no road tax, and low insurance premiums. What’s not to love?

by gascan 8y ago

sametmax 8y ago

> Can your family live with one car It's really funny to read that. It's probably very american to think 2 cars per family is the norm. I think if I group the 10 adults I see the most on average, we own 2 cars together. And we are all between 30 and 55.

notyourwork 8y ago
This depends on where you live though. Midwest basically required a car, living in Seattle and SF my wife and I never need a car. It’s not always as simple as grouping a population. America is big and diverse.
- sametmax 8y ago
  I just came back from the valley, and I get that the american society and infrastructure is encouraging the to use a car. Like Australia. I also get that, living in a city in France, it's easier to avoid having a car. yet I note that you could have a motorbike. You could not have kids. You could move close to your work. You could move in an area requiring less car. You could change your job to one not needing a car. You could bike. You could care pool with friends/neighbors/coworkers. You could use public transports. Etc. But the car is an important artifact of the american culture. You kinda build the country around it, not the other way around.
  - nightski 8y ago
    Meh I live in the Midwest, in an area that pretty much requires a car. Yet my use is extremely limited (a few thousand miles per year). Mostly going to stores and back as I work from home. Yet we travel around the area to state parks, bike trails, etc.. every weekend. Even if I lived in a city, that doesn't mean I would want to be confined to the same 10 square miles my entire life. We live in a vast, beautiful country. Why isolate yourself to a tiny little block? Life is too short for that.
  - deleted 8y ago
    [deleted]
  - moate 8y ago
    Yes/No? Keep in mind, the shift from farming being a major employment sector happened while the current US infrastructure was being built. The highways and population distribution were in part because of that. Also the US is one of the world's largest in area, and while urbanization is being pushed due to changes in the labor needs, it's something that happens over time not over night. As for "you could do X" most of your statements aren't really proof of an American obsession with cars, just a different infrastructure choice relative to other nations. http://www.nationmaster.com/country-info/stats/Transport/Road/Motor-vehicles-per-1000-people http://www.nationmaster.com/country-info/stats/Transport/Roa... The US has 27% more cars than France per capita. That's statistically significant and reflects difference in city planning/culture, but IDK that I'd draw the same conclusions as you.
  - notyourwork 8y ago
    I guess you are convinced your generalization is sound in basis. Not everyone can afford to move closer to work, that’s a silly assumption. Big cities that lend well to public transportation are not affordable for everyone. You can’t always move closer to work, what if your spouse and you work on opposite parts of a region? I suppose next solution is one finds a new job or quits. Life’s not as simple as your naive point of view indicates.
    - sametmax 8y ago
      If I guaranty 5 million dollars in 3 years for somebody that can go without a car for so long, half of america would find a way. It's just a matter of priority and way of life, with constraints yes, but a choice none of the less.
HeyLaughingBoy 8y ago
"Norm" is probably more than two cars. I have a 17 year-old. When he gets his license, we have a car waiting for him (OK: it needs a bunch of repairs, but whatever). Right now, it's a pain in the ass to drive him places (like to & from work). In my neck of the woods, the average is probably 4-6 cars per family.
- sametmax 8y ago
  It's really exotic for me :) I always thought so funny the american TV shows depicting a 16 years old fighting his parent over his/her first car, and finally getting it. My brother and I, we shared one small motorbike ^^
- moate 8y ago
  National statistics disagree with you. IDK what your neck of the woods is, but there's millions of people who live in urban areas in which car ownership is completely foreign that bring those averages down. http://www.nationmaster.com/country-info/profiles/United-States/Transport http://www.nationmaster.com/country-info/profiles/United-Sta...
  - HeyLaughingBoy 8y ago
    Depends on which statistic you look at, I guess. One line says the US has 765 motor vehicles per 100 people and the next one down says it has 816 motor vehicles per 1,000 people. So which is it?
    - jandrese 8y ago
      765 vehicles per 100 people has to be a typo. 816 per 1000 sounds reasonable when you consider how many are childern, live in big cities, are in the military, etc... There are some pretty big classes of people who own no vehicles whatsoever. If you look at married suburban households the number will almost certainly be over 2. The most common case involves one person driving to work while the other shuffles kids around or has their own job. The public transport option may exist, but is likely inadequate (excessively slow) and undesirable.
s73v3r_ 8y ago
In the vast majority of the US, if you don't have a car, you don't go anywhere.
- jandrese 8y ago
  Vast majority by land area. Per person it isn't so clear cut. Many people live in the city and don't own a car because using a car in the city is somewhat impractical and the public transport options are sufficient.
  - deleted 8y ago
    [deleted]
  - deleted 8y ago
    [deleted]
  - s73v3r_ 8y ago
    That's really only doable in a couple cities in the US, though. Not having a car in Los Angeles, for instance, is extremely impractical.
    - jandrese 8y ago
      That's because LA is one bigass suburb.
gascan 8y ago
I completely agree, it's kind of nuts. It was only maybe sixty years ago that nobody but the rich could really afford two cars, and yet here we are today where it's basically taken for granted as a basic requirement of life in much of America. Which is why I wrote it that way.
- deleted 8y ago
  [deleted]

hfdgiutdryg 8y ago

You can learn car & auto repair & maintenance. As someone who knows a lot about car and motorcycle maintenance, repair, and modification, this is not good advice, and I see it all over. You're far better off simply buying a new, cheap compact and taking it to Walmart for oil changes. You will come out far ahead of the person who invests money in tools and space, and time into learning how to do something that is so easily outsourced. The opportunity cost of maintenance is high. Don't get involved unless it's going to be a hobby that brings you satisfaction in and of itself. Sure, learn some very basics so you don't get blatantly ripped off by unscrupulous shops (bringing you a filthy air filter that doesn't even fit your car is one example), but don't invest much time or energy.

gascan 8y ago
I actually had meant to type "home & auto repair...". But anyway, IMO most of the value is learning what's going on in the car and the process of diagnosis. Many, many shops employ the "speculatively replace X and see if it fixes Y" iterative process, and being able to avoid that whole process is useful. You are right, the cost savings on doing your own oil changes isn't particularly significant. Although it's also worth pointing out oil changes are the most commoditized, sometimes-loss-leader service in the business- if there's a cost savings to be had, it's in moderate repairs that are a little more involved but don't require lots of equipment. Replacing an oxygen sensor or alternator, for example.
chemochemo 8y ago
Care to actually back up this claim with some numbers? As someone who buys reliable used cars (Hondas), maintains them himself, and owns them for 10+ years at a time this doesn't seem to be true. For just the depreciation cost of a new vehicle one could purchase every home auto repair tool they would likely need for a very long time.
- marketgod 8y ago
  If you enjoy doing it, then it's a great incentive. If you do it because it saves money, then how else can you earn more money instead?

mikejharrison 8y ago

Or maybe a modern car and a classic car? I have a classic car and a few classic motorcycles. Great fun, easy to work on, parts are cheap, no MOT, no road tax, and low insurance premiums. What’s not to love?