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I'd guess it depends on if you are frugal or just cheap.
(I keep on calling myself cheap, and women I date say I'm just frugal)
Difference:
I spend money when I WANT to. (Including on them)
But I don't just buy Junk.
I have dress clothing which are very nice (Some paid full price and some bought second hand)
I drive a nice, but old used (cheap) car I paid cash for.
My motorcycles are nice, but paid for cash.
Don't eat out much (But get what I want (usually expensive) when I do)
Now, if I wore clothing till it fell off, had my teeth pulled to save on dental bills (I knew a guy one time who did this) and 'saved money' on deodorant...
I have always been very good at negotiating a good salary...more so for a new job...but also for getting a raise or promotion at an existing job. It is actually quite fun. It helps that my line of work (IT) is in high demand.
Yes. When I worked at the bank, they loved money saving ideas and would either pay out bonuses for them or give out better raises. Of course it had to be more than a one time thing....
I've posted about this in various places including the Work-Employment forum and here are some findings:
For sales jobs, yes. You can't neglect your appearance including a fancy car / house or customers will wonder
It doesn't seem very common but some employers take great interest in their employees' financial situations, going as far as to investigate their house, cars, balance sheet, etc. They view someone who has lots of debt and / or living paycheck to paycheck as being "chained" by their jobs and cannot compromise without fear of being fired.
In general it has an effect on everything and the way people perceive you, and especially at work. I'd never tell anyone I got a deal on this, that or the other after many hard learned lessons. So I would not limit it to raises, rather if you get the job, raises, promotions, and even if you keep your job.
I might go to Good Will (gosh, is it one word or two?) and buy Ann Taylor in good shape, but I'd never tell anyone where I got it.
I was on a horrid business trip where I was harrassed no end by a coworker and trapped with all these men in another city. I was relentlessly harrassed the whole time. One of the comments was that I wear cheap clothes. The others were far worse, but it sure makes a person think.
And I do think employers go so far as to even looking at your resume to see where you live, in what part of town to judge you. To those who live in sketchy areas, I might consider getting a PO Box in a better part of town when looking for a job considering today's tough economy and just putting that on my resume. No one really needs to know a residential address anyway. It's none of their business, but not sure how that would come across to just leave it off, but I digress.
In my experience, no. Without exception, the companies I have worked for give raises either based on a preset formula or a combination of the employee's value to the company and/or his or her negotiating skills.
But if you were in a position where applying your personal frugality to your job saves the company money, that would definitely enhance your value to the company.
Its the same concept. Saving is like getting raise.
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