One key way in which the article is right on-the-money, so to speak, is to highlight the ridiculous frenzy that we go into to save disproportionately small amou

One key way in which the article is right on-the-money, so to speak, is to highlight the ridiculous frenzy that we go into to save disproportionately small amounts of money. Our audience here is mostly programmers. Programmers should all know the golden rule of optimization: profile it first. Don't take it on intuition or faith that "this is what was slowing me down" unless you've measured it. The same principle applies in personal finance. Group together your expenses into some key logical categories -- "groceries", "tech", "rent", "retirement", "health", "nights out", and whatever else makes sense to you. Then add them up, do the maths. Know what you're spending and how it compares, and how the categories make up your monthly budget. Frugality is generally quite good, but just like code, it's quite possible to overoptimize it into a time-sink. Also, it's key that you see both the high-cost single-time expenses and the low-cost-but-everyday expenses and you get an idea for how they compare. Depending on how often you visit Starbucks, it might be a very good or very insignificant change to brew your own coffee at home; go on and measure it. The single most surprising thing that I discovered about this process was that, even though I feel like I give money to beggars in the street "often" (i.e. whenever I see them and they ask) and give "a lot" (i.e. much more than is normally typical), the amount that I give actually works out to almost nothing on a monthly basis. Like, I'm poor and right now I have no proper employment (they don't pay you to do a Master's degree) and yet I can still afford to be generous to the people who are down on their luck, and it's just nothing when you compare it to the amount I'd save if I stopped drinking cola. I've got no income, but I'd still easily spend € 50 on food to throw a party for my friends, so long as it happens only about once a month, twice max.