U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics > Frugal Living
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 11-08-2009, 08:21 AM
 
Location: Chapel Hill, N.C.
36,434 posts, read 41,620,437 times
Reputation: 46994

Advertisements

ever watch any of the TV shows about the curse on lottery winners. All they do is buy lots of stuff cause they think they can buy their way into a class they know nothing about. Some are wise and don't change their lifestyle too much.

as for the comment that only poor peolpe cook, then every family who cooks their own meals fall into that...that is so funny. Here I thought we were rick and now that I admit I do my own cooking I guess I'm kinda poor.

 
Old 11-08-2009, 12:15 PM
 
12,671 posts, read 20,489,997 times
Reputation: 2618
Quote:
Originally Posted by Itz View Post
That is VERY true... One family I knew - multi millionaires... lived in a modest middle class neighborhood, didn't live lavishly, drive nice vehicles... another family I know... the husband drove a beat up POS to work every day because he still likes his truck.

on the upper scales of the wealth system.. I have a friend who is a blue collar worker - lives in my nieghborhood - owns 4 houses! - him and his family are not struggling!

The upper wealthy (millionaire or close to it) don't live lavishly, and DO live frugally... but these people aren't "showmen" - they don't have to do the "oh my gosh, you aren't wearing x designer???"...
Thats why their net worth is high because they aren't wearing the x designer.
 
Old 11-08-2009, 12:16 PM
 
12,671 posts, read 20,489,997 times
Reputation: 2618
Quote:
Originally Posted by minibrings View Post
Bernie Madoff.. nope
Donald Trump.. nope
many many hollywood stars.. nope...
warren buffet. yes.

some are some aren't. there wont be any definitive answer
what are you trying to determine w/ this thread?
How people live.
 
Old 11-08-2009, 12:18 PM
 
Location: Sierra Vista, AZ
16,116 posts, read 20,148,778 times
Reputation: 8204
You read a book and you want my opinion on the book YOU read. Am I supposed to go buy the book and read it so that I can form an informed opinion
 
Old 11-08-2009, 12:19 PM
 
12,671 posts, read 20,489,997 times
Reputation: 2618
Quote:
Originally Posted by SpeedyAZ View Post
It depends on what your priorities are and what you enjoy in life. My parents are quite well off but they don't live extravagantly. They are retired snowbirds who spend 8 months in Iowa and then 4 months in Arizona. Dad drives an F-150 and mom has a Lexus. They're happy, they have nothing to prove to the world so they just enjoy their life.

It seems only people who are insecure about themselves find the need to prove their wealth. You're just asking to get mugged or robbed if you flaunt what you have. Life isn't about "keeping up with the Joneses", as long as you're happy then what else matters?

A neighbor of my parents in Scottsdale is quite wealthy, but very lonely. He's in his 60's and when they met him, he was trying to fill a void in his life with 'stuff'. He had fancy cars, expensive clothing, ate out at upscale restaurants every night because he didn't have any family or real friends to share his life with. This was quite a few years back but after my parents befriended him, he seemed to completely change his life and you could tell he was MUCH happier than he was. He stopped buying buying buying and now enjoys playing cards on a Sunday afternoon with them as well as just stopping over and shooting the breeze with my dad. He sold his 5 or 6 vehicles and now has just a Lexus. He doesn't eat out by himself, he's been at quite a few of our family gatherings over the years because he doesn't have anyone else to share the holidays with. He's a great guy to be around and talk to.

It isn't what you have, it's who you have to share it with. Money can't buy happiness.
Thats a really good touching story,

Also people with money donate to change other people's lives that need the most.
 
Old 11-08-2009, 12:21 PM
 
12,671 posts, read 20,489,997 times
Reputation: 2618
Quote:
Originally Posted by no kudzu View Post
ever watch any of the TV shows about the curse on lottery winners. All they do is buy lots of stuff cause they think they can buy their way into a class they know nothing about. Some are wise and don't change their lifestyle too much.

as for the comment that only poor peolpe cook, then every family who cooks their own meals fall into that...that is so funny. Here I thought we were rick and now that I admit I do my own cooking I guess I'm kinda poor.
There are people who blow their money fast after winning the lottery because they don't know about money.

If I won the lottery, I would be thinking about buy more Mutual Funds and own businesses.
 
Old 11-08-2009, 12:22 PM
 
12,671 posts, read 20,489,997 times
Reputation: 2618
Quote:
Originally Posted by Boompa View Post
You read a book and you want my opinion on the book YOU read. Am I supposed to go buy the book and read it so that I can form an informed opinion
This topic is not about the book.
 
Old 11-08-2009, 04:31 PM
 
Location: Pittsburgh
1,142 posts, read 2,451,204 times
Reputation: 1138
There are tons of noveau riche where I live and it's awful. Most of them grew up in working class families and now that they have what they perceive as wealth, they flaunt it for all it's worth. You can tell a mile away they don't know how to handle their newfound wealth except to show it off through big cars, big houses and talking endlessly about all the high end things they can and do buy.

It's a sad thing to see because you realize that they are just like the rest of us getting through life with the good and bad, but they try so hard to cover it over with money and seem to think that will solve everything including making them a better person.

I grew up in a middle to upper class area and some of my friends' families had money, but you'd never have known it. They knew how to work hard and they hid their wealth and certainly didn't talk endlessly about it. Whether they were frugal or not, I could not tell because they didn't talk about it up front, but by the way they lived they didn't stand out as different than the rest of us.

I think that is the big difference between whether or not you are truly rich, you know how to live a humble life and care about others before yourself.
 
Old 11-08-2009, 10:44 PM
 
12,671 posts, read 20,489,997 times
Reputation: 2618
Quote:
Originally Posted by highway29south View Post
There are tons of noveau riche where I live and it's awful. Most of them grew up in working class families and now that they have what they perceive as wealth, they flaunt it for all it's worth. You can tell a mile away they don't know how to handle their newfound wealth except to show it off through big cars, big houses and talking endlessly about all the high end things they can and do buy.

It's a sad thing to see because you realize that they are just like the rest of us getting through life with the good and bad, but they try so hard to cover it over with money and seem to think that will solve everything including making them a better person.

I grew up in a middle to upper class area and some of my friends' families had money, but you'd never have known it. They knew how to work hard and they hid their wealth and certainly didn't talk endlessly about it. Whether they were frugal or not, I could not tell because they didn't talk about it up front, but by the way they lived they didn't stand out as different than the rest of us.

I think that is the big difference between whether or not you are truly rich, you know how to live a humble life and care about others before yourself.

Well if their Assets are much greater then their Liability and it is not effecting their life then I guess that is Frugal Life in a way.
 
Old 11-08-2009, 10:46 PM
 
Location: southern california
55,237 posts, read 72,402,860 times
Reputation: 47449
indeed they are.
the live below their means.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Frugal Living
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top