What are you frugal with, what are you not, but still buy?

Questions on how we spend our money and our time - consumer goods and services, home and vehicle, leisure and recreational activities
User avatar
Fieldsy1024
Posts: 621
Joined: Sun Feb 24, 2013 8:23 am

What are you frugal with, what are you not, but still buy?

Post by Fieldsy1024 » Wed Mar 09, 2016 11:15 am

I am just curious what some people are more frugal with than others.

For one, I only buy clothes when I get a 30% off from Kohl's. I buy store brand stuff, not everything though.

User avatar
samsoes
Posts: 874
Joined: Tue Mar 05, 2013 9:12 am
Location: Northeast Rat Race

Re: What are you frugal with, what are you not but still buy?

Post by samsoes » Wed Mar 09, 2016 12:43 pm

Contractors and workers around the house need to be properly licensed and insured. I'd rather pay more for a pro (sometimes more than a little more) for someone who's properly licensed and insured rather than a "fly-by-night" person who will do the job for a much lower price and is cash-only.

I recently needed a tree taken down - licensed and insured company was $1675 and had their agent send me a certificate of insurance. Fly-by-night cash-only guy recommended by a relative (who I later learned had a drug addition problem*) had no such credentials and couldn't produce an insurance certificate was $975 cash.

I can imagine the tree falling onto my house and the dude just disappearing, or the dude falling out of the tree and suing me since he wasn't insured...no way!

*Come to find out that both this relative and the uninsured tree guy have drug addition problems.
"Happiness Is Not My Companion" - Gen. Gouverneur K. Warren. | (Avatar is the statue of Gen. Warren atop Little Round Top @ Gettysburg National Military Park.)

User avatar
Fieldsy1024
Posts: 621
Joined: Sun Feb 24, 2013 8:23 am

Re: What are you frugal with, what are you not but still buy?

Post by Fieldsy1024 » Wed Mar 09, 2016 1:03 pm

I kind of learned that lesson now. Also, try not to haggle repair work on your house like buying a car. They will most likely cut corners.

Wellfleet
Posts: 484
Joined: Sun Jan 26, 2014 8:18 pm

Re: What are you frugal with, what are you not but still buy?

Post by Wellfleet » Wed Mar 09, 2016 1:09 pm

Our "shopping" budget is pretty frugal however, once spouse and I agreed on a number we then buy whatever products we want. If a rolex watch is desired, great if it fits the budget!

User avatar
DaftInvestor
Posts: 4064
Joined: Wed Feb 19, 2014 10:11 am

Re: What are you frugal with, what are you not but still buy?

Post by DaftInvestor » Wed Mar 09, 2016 1:13 pm

To be clear - frugal doesn't mean cheap - it means not wasting anything. Sometimes spending less for an item is NOT being frugal because it won't hold up and you end up being wasteful.
I believe I am frugal with nearly everything I buy and do. In your kohls example - I wouldn't consider that a frugal decision as the clothes may quickly wear out and I will need new ones. I find buying dress shirts at Jos.A.Bank a more frugal decision because they last far far longer (and Traveler shirts don't need ironing so save me from going to the dry cleaner or losing precious time ironing myself). I once bought some dress shirts at Kohl's that fell apart after a few months - not frugal in my opinion. Similarly - paying less for a contractor is NOT frugal in many cases because the contractor may do a poor job and it will cost you more in the long run. I would also argue this point for some food items - paying more for better quality food is less wasteful because you are taking better care of yourself in doing so - at least this is the argument my wife uses for shopping at Whole Foods :)

quantAndHold
Posts: 1874
Joined: Thu Sep 17, 2015 10:39 pm

Re: What are you frugal with, what are you not but still buy?

Post by quantAndHold » Wed Mar 09, 2016 1:25 pm

I live in a house that's small by US standards. I don't have cable TV. I take the bus to work. When I drive, I drive an 11 year old subcompact. I bring lunch from home.

My house may be small, but it is located in an expensive urban neighborhood, close to work. My housing cost is high relative to the amount of space I have, but my commute cost, both in time and money, is low, and my resulting quality of life is high.

I eat good food without worrying about how much it costs, and take expensive vacations to exotic places. I drink fancy coffee whenever it pleases me.

50ismygoal
Posts: 174
Joined: Tue Jun 24, 2014 6:41 am

Re: What are you frugal with, what are you not but still buy?

Post by 50ismygoal » Wed Mar 09, 2016 1:30 pm

I live in a very small house (725 square feet) and enjoy the benefits of low property taxes, low utilities, low insurance, etc. But every day I have a cafe mocha from Starbucks for $4.59. Every day. I've tried McDonald's, Dunkin' Donuts, etc. I've accepted the fact that this is my one daily splurge.

stoptothink
Posts: 4455
Joined: Fri Dec 31, 2010 9:53 am

Re: What are you frugal with, what are you not but still buy?

Post by stoptothink » Wed Mar 09, 2016 1:31 pm

I'm frugal about everything, to a point which would be viewed pretty extreme even to those on this board. But, as others, have noted, when it comes to fixing things (especially the house, but also our car), I am not skrimping to save a few bucks. I am willing to pay a little more for someone I trust and who will do it right the first time.

rec7
Posts: 2369
Joined: Tue Oct 28, 2008 7:22 pm

Re: What are you frugal with, what are you not but still buy?

Post by rec7 » Wed Mar 09, 2016 1:38 pm

50ismygoal wrote:I live in a very small house (725 square feet) and enjoy the benefits of low property taxes, low utilities, low insurance, etc. But every day I have a cafe mocha from Starbucks for $4.59. Every day. I've tried McDonald's, Dunkin' Donuts, etc. I've accepted the fact that this is my one daily splurge.
I have come to the conclusion that everybody is frugal and a big spender. For a lot time I always though people were one or the other but as I got older I changed my mind.

I have some friends that live is a a cheap house but love to eat out. I am guessing they eat out enough to cover the house payment. To each his own. They love cheap houses and cars. That frees up a budget to do a lot of little things in life that other can't.
Disclaimer: You might lose money doing anything I say. Although that was not my intent. | Favorite song: Sometimes He Whispers Jay Parrack

User avatar
6miths
Posts: 695
Joined: Fri Jan 01, 2010 1:55 pm
Location: Toronto, Canada

Re: What are you frugal with, what are you not but still buy?

Post by 6miths » Wed Mar 09, 2016 1:50 pm

Never buy at full retail price. Still frugal on cars. Driving Hondas even though I would love a Tesla and can afford one. Only thing that comes to mind that I'm not that frugal on anymore is travel for family vacations though that said would never fly business class and would rather drive than fly if possible.
'It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so!' Mark Twain

heyyou
Posts: 3172
Joined: Tue Feb 20, 2007 4:58 pm

Re: What are you frugal with, what are you not but still buy?

Post by heyyou » Wed Mar 09, 2016 1:59 pm

We are not good consumers, I apologize for that, but we are not going to try harder.

We have neither the taste nor the desire for the finer things in life. Wine is not sublime to us, it just tastes like wine. Steak does not taste better than premium burger, just differently. We like fajitas so we buy steak sometimes when bell peppers are in season. We like shrimp, but at Mary's taco stand at the water's edge on the Sea of Cortez, looking at the shrimp boats. We like eating at the fruit markets in Hawaii. There is some expense to going there. Do they serve good shrimp tacos at the seaside restaurants in Del Mar? We will not ever go there to find out.

User avatar
Toons
Posts: 13016
Joined: Fri Nov 21, 2008 10:20 am
Location: Hills of Tennessee

Re: What are you frugal with, what are you not but still buy?

Post by Toons » Wed Mar 09, 2016 2:08 pm

I shop Walmart and Amazon in my frugal pursuit.,,,,
On the other hand ,,,,,
I like New Hondas :happy
"One does not accumulate but eliminate. It is not daily increase but daily decrease. The height of cultivation always runs to simplicity" –Bruce Lee

User avatar
Raybo
Posts: 1676
Joined: Tue Feb 20, 2007 11:02 am
Location: San Francisco
Contact:

Re: What are you frugal with, what are you not but still buy?

Post by Raybo » Wed Mar 09, 2016 2:13 pm

This reminds of a customer I had when I was in business...

He called and said we had to give him a discount because he wouldn't pay retail. We gave him a $5 "courtesy" discount and he was happy.

I wonder if he is one of the responders on this thread!
No matter how long the hill, if you keep pedaling you'll eventually get up to the top.

CedarWaxWing
Posts: 625
Joined: Sun Nov 02, 2014 12:24 pm

Re: What are you frugal with, what are you not but still buy?

Post by CedarWaxWing » Wed Mar 09, 2016 2:30 pm

Fieldsy1024 wrote:I kind of learned that lesson now. Also, try not to haggle repair work on your house like buying a car. They will most likely cut corners.
In my experience... the best way to get a good deal on auto work is to go to someone who is vested in his own business, who is honest, and who is also knowledgeable/experienced/physically able to do the job... and is able to communicate properly how he knows his diagnosis and solution for your problem is on target. (I did most of my own auto work including major repairs for decades until it became evident that there were better ways to spend my time.)

If the proprietor has those qualities... there is no reason and no benefit to anyone to haggle. He deserves to make a reasonable living. Giving business and referrals to someone like that benefits everyone.

:)

M

ny_rn
Posts: 409
Joined: Sun May 11, 2014 7:09 am

Re: What are you frugal with, what are you not but still buy?

Post by ny_rn » Wed Mar 09, 2016 2:32 pm

I'm pretty much frugal with everything, except dinners. I usually go to 2-3 "nice" dinners per month in Manhattan or Brooklyn.

User avatar
Fieldsy1024
Posts: 621
Joined: Sun Feb 24, 2013 8:23 am

Re: What are you frugal with, what are you not but still buy?

Post by Fieldsy1024 » Wed Mar 09, 2016 3:17 pm

After all the repairs on used cars, I don't think I will ever get a used one again. I will own my cars for 9-10 years though. After that, even if not driven a lot, things need to be replaced here and there.

User avatar
Fieldsy1024
Posts: 621
Joined: Sun Feb 24, 2013 8:23 am

Re: What are you frugal with, what are you not but still buy?

Post by Fieldsy1024 » Wed Mar 09, 2016 3:18 pm

6miths wrote:Never buy at full retail price. Still frugal on cars. Driving Hondas even though I would love a Tesla and can afford one. Only thing that comes to mind that I'm not that frugal on anymore is travel for family vacations though that said would never fly business class and would rather drive than fly if possible.
My wife and I don't hold back when it comes to traveling.

User avatar
Crimsontide
Posts: 723
Joined: Fri Oct 25, 2013 5:32 pm
Location: DFW Metromess

Re: What are you frugal with, what are you not but still buy?

Post by Crimsontide » Wed Mar 09, 2016 3:20 pm

We are fairly frugal in all our purchases, except maybe tires. We do not cheap out on tires, we do look for a discount at Discount but we don't buy low end when it comes to our safety...

User avatar
Fieldsy1024
Posts: 621
Joined: Sun Feb 24, 2013 8:23 am

Re: What are you frugal with, what are you not but still buy?

Post by Fieldsy1024 » Wed Mar 09, 2016 3:23 pm

Crimsontide wrote:We are fairly frugal in all our purchases, except maybe tires. We do not cheap out on tires, we do look for a discount at Discount but we don't buy low end when it comes to our safety...
I cringe when people go for the cheapest tires. With tires you truly get what you pay for. What you are paying for can save you from an accident.

User avatar
rmelvey
Posts: 762
Joined: Sat Sep 18, 2010 5:17 pm
Contact:

Re: What are you frugal with, what are you not but still buy?

Post by rmelvey » Wed Mar 09, 2016 3:23 pm

I am frugal with housing. I split a 2BR in NYC instead of renting my own 1BR. It has its drawbacks, but it allows me to eat out every day and travel while still hitting my savings goals.

User avatar
HomerJ
Posts: 11832
Joined: Fri Jun 06, 2008 12:50 pm

Re: What are you frugal with, what are you not but still buy?

Post by HomerJ » Wed Mar 09, 2016 3:29 pm

I am frugal with cars, but somewhat wasteful on everything else.

Buying a $12,000 car instead of a $30,000 car allows me to blow a lot of $20 bills on little things.

wilson08
Posts: 370
Joined: Wed Apr 02, 2008 2:37 pm

Re: What are you frugal with, what are you not but still buy?

Post by wilson08 » Wed Mar 09, 2016 3:40 pm

I love the concept I learned here of "Be prudently frugal and
selectively extravagant." I have a lot of nice clothes but I hate
paying retail. I get unbelievable bargains on buying winter
clothes in February and summer clothes in July-August when
they are trying to clear out for the next season.

On the splurge side I buy organic milk, Ghirardelli chocolate(on sale
if possible), nice dining on occasion but cook healthy at home most
of the time, and one of my ultimate joys is a Swedish massage every
once in a while.

A few things I plan to do only once in a lifetime---one I have already
done--dinner at Le Bernardin in Manhattan. Another I hope to do is
go to the Kentucky Derby and get the VIP package(hey remember this
is only once !). There are others but you get the idea.

Wilson

joebh
Posts: 1708
Joined: Mon Mar 02, 2015 3:45 pm

Re: What are you frugal with, what are you not but still buy?

Post by joebh » Wed Mar 09, 2016 3:47 pm

I am frugal with almost everything.

On the other hand, my wife and I do tend to purchase new cars. But I buy relatively inexpensive cars without frills, pay cash if I can't get a 0% auto loan, and drive them until they require too much maintenance for my taste. That's usually 8-12 years. Then I buy another new one.

We also have a second home on the ocean that we use for weekends, vacations, and will most likely retire to.

And we tend to be generous gift-givers, particularly with our children and grandchildren.

I tend not to like to spend money on myself.

bpr
Posts: 32
Joined: Fri Aug 21, 2015 1:20 pm

Re: What are you frugal with, what are you not but still buy?

Post by bpr » Wed Mar 09, 2016 3:49 pm

frugal on almost everything.. cars, home, clothes,shoes, phones..

not frugal when it comes to spending time with family. spend a lot on travelling to family events or just a get together after a long time.

BW1985
Posts: 1763
Joined: Tue Mar 23, 2010 6:12 pm

Re: What are you frugal with, what are you not but still buy?

Post by BW1985 » Wed Mar 09, 2016 3:52 pm

We're least frugal on food. I eat a lot and will spend on organic, non-GMO, supplements, produce for juicing etc.
"Squirrels figured out how to save eons ago. They buried acorns. Some, they dug up, for food. Others, they let to sprout, in new oak trees. We could learn from squirrels." -john94549

LiterallyIronic
Posts: 825
Joined: Sat Dec 05, 2015 10:36 am

Re: What are you frugal with, what are you not but still buy?

Post by LiterallyIronic » Wed Mar 09, 2016 3:54 pm

Frugal with cars (only very used vehicles) and clothes (I won't buy a dress that's more than ~$30) and groceries (Great Value brand whenever possible). Not frugal with electronics - I go with a really nice TV, computer, and gaming systems.

User avatar
BarbaricYawp
Posts: 90
Joined: Mon Mar 17, 2014 1:29 pm

Re: What are you frugal with, what are you not but still buy?

Post by BarbaricYawp » Wed Mar 09, 2016 3:57 pm

rec7 wrote:
I have come to the conclusion that everybody is frugal and a big spender. For a lot time I always though people were one or the other but as I got older I changed my mind.

I have some friends that live is a a cheap house but love to eat out. I am guessing they eat out enough to cover the house payment. To each his own. They love cheap houses and cars. That frees up a budget to do a lot of little things in life that other can't.
Long ago a friend of mine pointed out that 'you can have anything you want, you just can't EVERYTHING you want. Case in point. If you want something (early retirement, FI etc.) you have to be willing to give up other things. Some people would rather have the cars/houses and give up the money. Weird, I know. :)
"The cure for boredom is curiosity. There is no cure for curiosity." --Dorothy Parker

HongKonger
Posts: 1079
Joined: Tue Jun 21, 2011 10:35 am
Location: Deep in the Balkans

Re: What are you frugal with, what are you not but still buy?

Post by HongKonger » Wed Mar 09, 2016 4:19 pm

I'm 3 years into ERE so I'm super frugal with everything ...but not when it comes to cookware, kitchen knives, linens & towels. Oh, I'm a sucker for designer lighting too - but that holds it's value. These things make my everyday feel luxurious.

SouthernCPA
Posts: 681
Joined: Wed Sep 23, 2015 10:20 am

Re: What are you frugal with, what are you not but still buy?

Post by SouthernCPA » Wed Mar 09, 2016 4:30 pm

I'm frugal with cars and our house. I drive an old truck that's paid off and the house we own is small by the "joneses" standard. Being this way allows us to fund retirement, spend most weekends in the summer on our boat, and travel occasionally. It's a trade off we consider worth it. We create more memories on our boat and traveling than by driving a new car with a larger (unneeded) house.

User avatar
Elsebet
Posts: 585
Joined: Mon Feb 08, 2016 2:28 pm
Location: Washington state

Re: What are you frugal with, what are you not but still buy?

Post by Elsebet » Wed Mar 09, 2016 4:44 pm

As others have mentioned I also have no problem spending money for home remodel/repairs, but I buy all my clothes at thrift stores and pack lunch every day. I also buy new cars, but keep them 15+ years. Shoes and mattresses, same deal. My rule of thumb is when something needs to last multiple years I don't mind spending more money upfront for higher quality.

User avatar
Doom&Gloom
Posts: 2290
Joined: Thu May 08, 2014 3:36 pm

Re: What are you frugal with, what are you not but still buy?

Post by Doom&Gloom » Wed Mar 09, 2016 5:03 pm

Not sure if it is exactly "frugal," but I tend to buy almost everything based on bang-for-the-buck and durability. Clothing, shoes, etc are inexpensive but durable. I have no desire or need to dress "nicely." We buy new cars with features we like, so not cheap but not top-of-the-line either, and we keep them until maintenance costs becomes problematic (usually about 10 years.)

We eat out often and our grocery bill tends to be high. I drink higher-priced beers and moderately-priced wines--I drank my share of the cheap stuff in my earlier years and refuse to do so at this point in my life. I have been in the same house for >25 years, it is paid for, and we see no reason to move. The size of the yard may change my mind down the road, but not yet.

We have more electronics than we need, but all is "value-priced." Audio and video equipment is probably a bit of a splurge, but it is important to both of us and we appreciate the added quality.

Retirement is the "gratification" component of all my prior years of "delay of gratification" :sharebeer

WJW
Posts: 136
Joined: Fri May 23, 2014 10:07 am

Re: What are you frugal with, what are you not but still buy?

Post by WJW » Wed Mar 09, 2016 5:12 pm

samsoes wrote:Contractors and workers around the house need to be properly licensed and insured. I'd rather pay more for a pro (sometimes more than a little more) for someone who's properly licensed and insured rather than a "fly-by-night" person who will do the job for a much lower price and is cash-only.

I recently needed a tree taken down - licensed and insured company was $1675 and had their agent send me a certificate of insurance. Fly-by-night cash-only guy recommended by a relative (who I later learned had a drug addition problem*) had no such credentials and couldn't produce an insurance certificate was $975 cash.

I can imagine the tree falling onto my house and the dude just disappearing, or the dude falling out of the tree and suing me since he wasn't insured...no way!

*Come to find out that both this relative and the uninsured tree guy have drug addition problems.
As a reputable, fully licensed and insured contractor who takes pride in my work I applaud your post.
Last edited by WJW on Mon Mar 14, 2016 3:04 pm, edited 1 time in total.

User avatar
Fieldsy1024
Posts: 621
Joined: Sun Feb 24, 2013 8:23 am

Re: What are you frugal with, what are you not but still buy?

Post by Fieldsy1024 » Wed Mar 09, 2016 5:29 pm

My wife and I don't get each other gifts. We have everything we need. We do some small gifts on Christmas....under $100.

I do like to go to Atlantic City and play games sometimes :)
Lesson: Do not bring your debit card. lol

scienceguy
Posts: 108
Joined: Sun Feb 16, 2014 5:26 pm

Re: What are you frugal with, what are you not but still buy?

Post by scienceguy » Wed Mar 09, 2016 5:35 pm

I try to spend money on things that make me happy, and avoid spending money on things that do not. Cars do not make me happy, dry aged steak under my super hot broiler does. Having dinner with my wife at a nice restaurant without the kids makes me happy, trying to travel with three small children to faraway places does not. Shooting hoops with my kids on the court we put in our backyard makes me happy, taking multiple children to expensive professional sporting events where I am primarily concerned about not losing sight of them does not. Having a few nice suits makes me happy, have 10 nice suits does not. My wife going to a movie when she has a free day makes me happy; meeting her for lunch on those days also does. Spending money on a personal trainer at my inexpensive but very friendly gym makes me VERY happy, joining the most expensive gym in town for their soft towels and scene does not.

I would just emphasize here that there is no implicit value in being frugal. You get one life, make it count. The question is - where do you choose to spend your money, and where do you not. Its a zero sum game - what are your values/priorities? Above are some of mine.

Hulu
Posts: 136
Joined: Wed Oct 22, 2014 7:55 pm

Re: What are you frugal with, what are you not but still buy?

Post by Hulu » Wed Mar 09, 2016 6:37 pm

For money we invest in quality groceries mostly. And the few things we buy, we buy expensive on sale if it lasts longer. Vitamix and a loaded SSD laptop for $1000 total were the last things that come to mind. Before that boots, coats and a pair of shoes that will definitely last ten years each. Can't afford to buy cheap stuff if there's a more durable alternative.

Where we really spend is time. We took a two month family leave. One of us worked for fun for three years. We don't own a house and the time that's lost with it. Today was work, a mentor walk on the city waterfront, basketball and homemade dinner with friends. Yes we could earn more but time is our big splurge. I did not go for the brass ring. We may end up only working 20 years combined.

Barefootgirl
Posts: 2224
Joined: Tue Oct 06, 2009 7:05 pm

Re: What are you frugal with, what are you not but still buy?

Post by Barefootgirl » Wed Mar 09, 2016 6:41 pm

I'm learning to be unfrugal...I might run out of time before I run out of money....but my lifestyle is relatively simple, so most of it comes naturally (frugality)....so learning to spend more is kind of fun, actually - like reaping a long awaited harvest.
How many retired people does it take to screw in a lightbulb? Only one, but he takes all day.

FlyOverState
Posts: 95
Joined: Sun Feb 26, 2012 2:35 am

Re: What are you frugal with, what are you not but still buy?

Post by FlyOverState » Wed Mar 09, 2016 6:47 pm

On the frugal side, we only buy Porsches that are at least 10 years old. :) We are not so frugal when it comes to eating out as we do that at least two times a week.
Thanks, | John | | FlyOverState

jridger2011
Posts: 458
Joined: Sun Feb 06, 2011 4:17 pm

Re: What are you frugal with, what are you not but still buy?

Post by jridger2011 » Wed Mar 09, 2016 7:27 pm

I'm frugal with stuff that is not that important to have a nicest versions of. I won't buy an expensive t-shirt, top of the line computer/tv/stereo/phone, shoes, or accessories. I will spend what is enough to get something that is decent in quality but not top of the line. Food and travel is difficult to be frugal with considering times of flights and locations of hotels. Eating well is part of living well and that is something important enough to spend on.

dsmil
Posts: 571
Joined: Tue Sep 08, 2009 10:51 am

Re: What are you frugal with, what are you not, but still buy?

Post by dsmil » Wed Mar 09, 2016 10:41 pm

I drive an old car, pack my lunch everyday, and generally spend very little on myself. When I do spend on things such as electronics, I generally do a lot of research and wait until I can find a quality product, without unnecessary extras, at a good price. I also try to take advantage of credit card and bank offers, and try to make money buying and selling golf clubs when opportunities arise.

What I will never be frugal with anytime soon is cable TV. The trend is to cut the chord but with my obsession with sports, I want the experience to be as easy as possible. Spending the little extra on cable TV is probably the best value for the money that I can think of.

carolinaman
Posts: 3288
Joined: Wed Dec 28, 2011 9:56 am
Location: North Carolina

Re: What are you frugal with, what are you not, but still buy?

Post by carolinaman » Thu Mar 10, 2016 8:19 am

I have bought Japanese cars for 40 years, usually Toyota Camrys without a lot of extras. I drive them until they have 150K+ miles. I can afford more expensive cars with lots of gadgets but see no value in doing that. We use Consumer Report and other sources to research major purchases like appliances, TVs, computers, etc. We generally buy products that are highly rated but not the most expensive and avoid more frivolous features. I generally agree with Consumer Report recommendations on what features make sense to buy on products.

When traveling, we prefer Hampton Inns. They are a little more expensive than most of their competition, but IMO provide a good combination of value (including safety) and price. I do not buy a lot of clothing any more, but when I do, I buy better quality clothing. It costs more, but lasts longer and looks a lot better. One of my indulgences is Starbucks coffer. I usually brew my own at home but always buy Starbucks when traveling.

I resisted Apple products for years due to higher price, but now own an iPhone, wife has an iPad and a MAC Pro. I still have trouble resolving those purchases in my mind, but my wife is happy and the iPhone has been better for me than Samsung Galaxy.

grandmacassie
Posts: 167
Joined: Mon Jul 14, 2014 8:50 am

Re: What are you frugal with, what are you not, but still buy?

Post by grandmacassie » Thu Mar 10, 2016 8:38 am

Since DH had a heart attack 17 (!) years ago, we have not skimped on healthy groceries. We eat lots of fish and seafood, even if it's $12-$20/lb. We eat veggies and fruits we love even if they are expensive and out of season. (Be quiet locavore trolls!) In the summer we shop at local farm stands. We buy top-quality olive oil, etc. More costly than the hamburger/carb/pasta diet of the past, but more healthy and we do not feel deprived.

J295
Posts: 1677
Joined: Sun Jan 01, 2012 11:40 pm

Re: What are you frugal with, what are you not, but still buy?

Post by J295 » Thu Mar 10, 2016 8:51 am

Not so frugal ..... Membership at excellent golf club. Live on the course and play or practice five or six times per week as weather and physical condition permit.

gundlached
Posts: 117
Joined: Wed Nov 18, 2015 12:45 pm

Re: What are you frugal with, what are you not, but still buy?

Post by gundlached » Thu Mar 10, 2016 8:53 am

I became much more frugal after joining this website.

I still buy Lagavulin 16 from time to time.

Just less of it. :beer

User avatar
Go Blue 99
Posts: 828
Joined: Thu Oct 09, 2008 3:42 pm

Re: What are you frugal with, what are you not, but still buy?

Post by Go Blue 99 » Thu Mar 10, 2016 9:17 am

I'm a spender, but I never make impulsive purchases. I read tons of reviews and then look for great deals (Slickdeals.net is one of my favorite sites).

I tend to prefer brand names, but only on sale.

psystal
Posts: 332
Joined: Fri Dec 18, 2015 2:44 pm

Re: What are you frugal with, what are you not, but still buy?

Post by psystal » Thu Mar 10, 2016 9:35 am

If something is important - by necessity or desire - I invest in quality that will endure and perform. For me, that means buying
used (but newer) Hondas, top-reviewed appliances from reliable name brands, and eating out at decent restaurants.

I don't buy much that isn't needed - my hobbies largely involve one-time or infrequent purchases - and I tend to enjoy things more when I get more use out of them. There is one exception to my budget management: books. I have a rather strong affinity for them, and I buy them when I please. I don't consciously collect rare copies (although I've "stolen" a few over the years at used book sales), so overspending isn't an issue.

My wife, however, will tell you that my spending on the books themselves isn't the issue, it's the extra room we're going to need hold them. Psh.

FRANK2009
Posts: 354
Joined: Thu Dec 13, 2007 6:16 pm

Re: What are you frugal with, what are you not, but still buy?

Post by FRANK2009 » Thu Mar 10, 2016 12:05 pm

I'm pretty frugal in general. No cable, used cell, make my coffee at home, etc. However when I wanted a new Subaru Forester, (not that I needed it as my 7 year old car was in great shape) I bought it...cash. No regrets.

cheesepep
Posts: 785
Joined: Wed Feb 17, 2010 10:58 pm

Re: What are you frugal with, what are you not, but still buy?

Post by cheesepep » Thu Mar 10, 2016 2:20 pm

Most of my clothes comes from Gap outlet stores. Some Come during huge Xmas holidays and other seasonal stuff. When traveling, I often op for cheaper hotels.

I kind of splurge on Apple stuff.

User avatar
Abe
Posts: 1799
Joined: Fri Sep 18, 2009 5:24 pm
Location: Earth in the Milky Way Galaxy

Re: What are you frugal with, what are you not, but still buy?

Post by Abe » Thu Mar 10, 2016 3:18 pm

If I go out to eat, I go for the lunchtime meal most of the time instead of the evening meal because it's cheaper. I order water to drink. I buy most of my clothes at thrift stores except for shoes and underwear. I don't go on vacations. I have two vehicles, one is 10 years old and one is 15 years old. I have a dumb phone that cost $100 per year, actually less because I don't use it all. I live in a paid for, nice modern home that has 2800 square feet living area downstairs and about the same upstairs, but we don't use the upstairs. I have cable TV. I called the cable company a couple of weeks ago and asked if they had anything cheaper than the $55 per month plan I had. They changed it to a $27 per month plan, but I still get the same channels I was getting before I changed it. Go figure. I have everything I need or want. If I wanted something, I could buy it, but I don't want much. If I spent $260k per year, which I could according to the 4% safe withdrawal rule, I wouldn't be any happier than I am right now. "The richest person is not the one who has the most, but the one who needs the least."
Slow and steady wins the race.

barnaclebob
Posts: 3031
Joined: Thu Aug 09, 2012 10:54 am

Re: What are you frugal with, what are you not but still buy?

Post by barnaclebob » Thu Mar 10, 2016 3:52 pm

HongKonger wrote:I'm 3 years into ERE so I'm super frugal with everything ...but not when it comes to cookware, kitchen knives, linens & towels. Oh, I'm a sucker for designer lighting too - but that holds it's value. These things make my everyday feel luxurious.
I recommend a wicked edge sharpening system to keep those knives in top shape... That's one thing that I was "frugal" about. Buying high end (but not elite showpiece) knives and spending $500 on a sharpening system that will keep them cutting for many years. All knives need sharpening eventually. Until I got the sharpener my knives were dull and I couldn't tell a difference after using the honing steel. Now that I can fix any mistakes I make I use the steel every several days and it really does make a big difference when starting with a reasonably sharp knife. I can actually feel it work when sliding the blade down the hone.


I'm also about to drop 6k on a top of the line Miele dual fuel range. The rest of the kitchen refresh will only be about 6k. I buy my clothes at thrift stores (currently wearing banana republic pants that had the tags on them for $8). Food comes from a farmers market, CSA, or higher end grocery store whenever possible. Pork and Chicken must be pastured.

hnzw rui
Posts: 578
Joined: Tue Sep 22, 2015 2:26 pm

Re: What are you frugal with, what are you not, but still buy?

Post by hnzw rui » Thu Mar 10, 2016 11:05 pm

I'm "kinda" frugal when it comes to cars. I buy new (Toyota or Honda) but I plan on keeping the vehicles for a long time so I reckon amortized over length of ownership, the purchase cost isn't that high. It helps that I hate the entire car buying process and would prefer not dealing with car dealers unless I absolutely have to. I brown bag lunches. Not much into clothes and shoes either although I tend to buy quality items that will last for years.

I splurge on tech toys and computer parts (but I always do my research and often wait for sales). I get plenty of enjoyment and mileage from my tech toys so I consider it money well spent.

I don't travel often but now when I do, it's also a bit of a splurge (e.g. on-site Disney World value or moderate hotels instead of off-site, front of line theme park passes, private shuttle to airport instead of shared, etc). I've cheaped out on travel before and honestly, instead of feeling like a vacation, I end up stressed and feeling like I need a vacation from my vacation and that I would've been happier using funds spent on the vacation to upgrade my iPad.

Hmm, can you consider health insurance a splurge? I pay higher premiums for Kaiser at the same metal tier but I'm very happy with the care provided and the closed network structure means I don't have to deal with in-network/out-of-network billing issues.

Post Reply