2 ms·
> there are savers who go to the other extreme, and that ascetic frugality is hard to grow out of even when it's no longer needed How common is this? You're sa
by neogodless 3y ago
> there are savers who go to the other extreme, and that ascetic frugality is hard to grow out of even when it's no longer needed
How common is this? You're saying that someone, in the pursuit of frugality, begins to pursue wealth accumulation instead, and never lets go of that goal to instead take advantage of their wealth and freedom over what they choose to do with their time?
- feoren 3y agoNot GP, but: yes, exactly. The old story about the Mexican fisherman and the American businessman on holiday. How else would we get billionaires? These people work to the bone on wealth accumulation far beyond a fortune that they could ever spend on themselves.
- baal80spam 3y agoThis is me, I think. But I don't accumulate wealth for the sake of it, I am just very scared of being old and poor. I live VERY frugally now (I am in my forties) saving every penny for when I get old. In my country pension is really low, so I cannot reliably count on it to be my "source of income".
- wing-_-nuts 3y agoNot quite. I think the best example I have is someone who was scarred by hardship early in life and doesn't 'loosen up' when their circumstances change for the better later in life. Those people can wind up very well off, but still overly frugal.