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Old 08-30-2017, 10:32 AM
 
44 posts, read 40,661 times
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HI, all.
Have any of you folks been spenders in your earlier years, and turn into savers a bit later in life?

Last edited by SLUGGGO; 08-30-2017 at 11:28 AM..
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Old 08-30-2017, 05:28 PM
 
Location: Henderson
1,107 posts, read 1,338,376 times
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Nope. Started out a saver and I'm still a saver, but to a lesser degree due to being married lol. I know others in my age group (50+) that spend the same way they did 30 years ago. Not that you can't change, but it seems one is ingrained one way or another at an early age and I think it would take a very determined person to break out of that cycle.
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Old 08-30-2017, 06:07 PM
Status: "I am in preparation mode!" (set 4 days ago)
 
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Yes.
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Old 08-30-2017, 06:15 PM
 
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No. I'm going the opposite direction. I've realized some things are worth paying more for or are worth splurging for. Basically, in the grand scheme of life, I'm still a saver.
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Old 09-02-2017, 07:38 PM
 
1,287 posts, read 989,326 times
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Yep, I went from being a big time spender to a saver. I still spend, only less and I save quite a bit more.
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Old 09-03-2017, 01:53 PM
 
Location: Phoenix, AZ
1,226 posts, read 476,688 times
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I was always somewhat frugal but was married to a spender. Fortunately, we were able to compromise but with greater emphasis on saving. When we got divorced we each walked away with a couple of houses and a few hundred thousand in savings.

Since then I preserve my savings by avoiding debt.

But can still splurge on something when it suits me.
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Old 09-08-2017, 07:24 AM
 
244 posts, read 125,807 times
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Sure. When I owned a piggy bank and through my teens I was a spender. Once I had to support myself (fully) I became a saver.

Last edited by Grumpty; 09-08-2017 at 08:36 AM.. Reason: added 'and' between piggy bank and Teens. No, I didn't have a piggy bank in my teens.
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Old 09-08-2017, 04:20 PM
 
Location: Portal to the Pacific
4,672 posts, read 4,580,073 times
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Quote:
Originally Posted by Grumpty View Post
Sure. When I owned a piggy bank and through my teens I was a spender. Once I had to support myself (fully) I became a saver.
Same, except I wasn't fully supporting myself until I was in my mid-20's.
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Old 09-08-2017, 10:09 PM
 
Location: Phoenix-Valley of the Sun
2,461 posts, read 1,200,617 times
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I was a huge spender, up until a couple of years ago, or maybe last year. It sucked knowing that I didn't have enough money in my savings to support myself for six months. Now I have passive income which helps supplement my savings. I'm not using that income to incur more expenses.

Now I have six checking accounts allocated to certain bills. Five of those checking accounts I use for monthly expenses like the mortgage, utilities, food & gas, etc. The other checking account is strictly for my house repair account. If something goes wrong with my house, I will draw from that fund. Each checking account has a savings account. Whatever I don't spend in the checking gets rolled over to the savings at year end. I try to stay within budget, and for the most part, I have. The only hard time I'm having is my eating out budget. I go WAAY over budget. I try to stay within $50 within a month, but I usually triple or quadruple that amount in certain months.
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Old 09-09-2017, 11:42 AM
 
Location: Colorado
79 posts, read 47,178 times
Reputation: 341
Me - a spender in my youth and well into middle age. I just didn't think about money except in terms of stuff I wanted. Hard to say what changed that mindset. Maybe just getting older does it. Old age looms, and you realize being old and broke will not be good. You get really sick of workplace b***t, and start looking at how to get free of it.

I'm debt-free now and have decent savings, so I have increased the budget a little to include things I really enjoy, but I expect to always LBYM.
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