4 ms·

Growing up in frugality, I feel I appreciate it a lot, but there's a right way to do it and there's a wrong way. However I feel I identified the limitations ear

Growing up in frugality, I feel I appreciate it a lot, but there's a right way to do it and there's a wrong way. However I feel I identified the limitations early in my life, to do it right. The way I see it, frugality should be "I don't need 10 pair of sneakers, I can probably do 2 quality ones, and take care of them so that they last" and not "Let's buy a couple of those cheap $10 sneakers from HnM". Spend where it matters, but don't spend because you can or because you want something impulsively.

AstralStorm 6y ago
What does "spend because you can" mean? You're buying something, so, what is it? Is it the item or satisfaction?
- loco5niner 6y ago
  I have to admit, when I find a good sale, I have a hard time only buying what I need instead of 10X what I need since it's such a good deal (I have at least a 20 years supply of jeans unless I get fat).
jpindar 6y ago
In before that stupid quote about boots!
- BirdieNZ 6y ago
  "The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles. But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that'd still be keeping his feet dry in ten years' time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet. This was the Captain Samuel Vimes 'Boots' theory of socioeconomic unfairness."
cinntaile 6y ago
The quality difference between goods really isn't that big anymore in my personal experience. The $200 sneakers won't last that much longer than the $20 dollar ones unfortunately. Perhaps there are goods where this is still the case but clothes and shoes isn't one of them.
- dcdevthrowaway 6y ago
  Yeah, it's high time the adage "you get what you pay for" was amended: "You get at most what you pay for". You know the $20 shoes won't be great, and sure, it's possible the $200 shoes will be better than the $20 ones...or they could be exactly the same.
- ghaff 6y ago
  There are some exceptions. But the price deltas aren't typically 10x, more like 2-3x. And, yes, a lot of things are made in the same Asian factories regardless of the brand label and aren't that different. There are definitely mail order brands I used to think were a cut above for casual clothes and the like that I sometimes still order from but I don't really think they're much different from everyone else these days.
- darth_avocado 6y ago
  I think the problem with giving examples is that people over index on the example, instead of the point. The point is to not spend on trying to have many possessions. But at the same time if you have to spend a little extra for a possession that can be really useful or have an impact on your life, you do it. And once you buy them, treat them with care. Like if you are frugal, and work at an office that requires you to wear suits, instead of trying to go for many cheap one size fits all suits, try to go for a few tailored ones, it'll do wonders for your career. All in all, you get the gist.
- loco5niner 6y ago
  I disagree. Just because you can easily spend $200 on crap shoes, doesn't mean better companies don't make good $200 shoes (and more likely better shoes for $65 or $100). I find that shopping by brand is important in clothing.

AstralStorm 6y ago

What does "spend because you can" mean? You're buying something, so, what is it? Is it the item or satisfaction?

loco5niner 6y ago
I have to admit, when I find a good sale, I have a hard time only buying what I need instead of 10X what I need since it's such a good deal (I have at least a 20 years supply of jeans unless I get fat).

jpindar 6y ago

In before that stupid quote about boots!

BirdieNZ 6y ago
"The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles. But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that'd still be keeping his feet dry in ten years' time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet. This was the Captain Samuel Vimes 'Boots' theory of socioeconomic unfairness."

cinntaile 6y ago

The quality difference between goods really isn't that big anymore in my personal experience. The $200 sneakers won't last that much longer than the $20 dollar ones unfortunately. Perhaps there are goods where this is still the case but clothes and shoes isn't one of them.

dcdevthrowaway 6y ago
Yeah, it's high time the adage "you get what you pay for" was amended: "You get at most what you pay for". You know the $20 shoes won't be great, and sure, it's possible the $200 shoes will be better than the $20 ones...or they could be exactly the same.
ghaff 6y ago
There are some exceptions. But the price deltas aren't typically 10x, more like 2-3x. And, yes, a lot of things are made in the same Asian factories regardless of the brand label and aren't that different. There are definitely mail order brands I used to think were a cut above for casual clothes and the like that I sometimes still order from but I don't really think they're much different from everyone else these days.
darth_avocado 6y ago
I think the problem with giving examples is that people over index on the example, instead of the point. The point is to not spend on trying to have many possessions. But at the same time if you have to spend a little extra for a possession that can be really useful or have an impact on your life, you do it. And once you buy them, treat them with care. Like if you are frugal, and work at an office that requires you to wear suits, instead of trying to go for many cheap one size fits all suits, try to go for a few tailored ones, it'll do wonders for your career. All in all, you get the gist.
loco5niner 6y ago
I disagree. Just because you can easily spend $200 on crap shoes, doesn't mean better companies don't make good $200 shoes (and more likely better shoes for $65 or $100). I find that shopping by brand is important in clothing.