Comments on: Frugal Burnout: Fad Or Portent?

By: Zaraditi

Zaraditi — Sat, 03 Apr 2010 11:44:48 +0000

Well it seems it always comes down to: Don’t spend what you can’t afford. People should really tame their ego and spend what they can earn!

By: Ken

Ken — Thu, 25 Mar 2010 11:31:52 +0000

Old habits die hard. I think lots of folks do revert back to bad habits. It’s anti-cultural to save money and live on less than you make. I hope people see the big picture but a lot just revert back to overspending.

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By: MyFinancialObjectives

MyFinancialObjectives — Wed, 24 Mar 2010 02:07:23 +0000

Good post. I must admit that I have suffered from frugal burn out. Just the other day I passed by Pac Sun and saw a shirt that was nice. I thought to myself, you know, I haven’t bought anything in a WHILE. I’m gonna buy this!

And I bought it. Cool shirt, but still, I’m out $30. But honestly, it’s a pretty cool shirt:) lol

By: Kate

Kate — Tue, 23 Mar 2010 11:47:42 +0000

I think the problem lays in the fact that there is an misunderstanding of the word or being frugal. It shouldn’t mean just spending less it should also mean being less wasteful, leading a simpler more easy going lifestyle. If that was understood and grasped then i think there would be no such thing as frugal burnout.

yes we all get fed up of tightening our belts all the time, but can you get tired or leading a more gratifying relaxed life?

I wave the frugal banner all the time and hope that slowly more and more people start to get it and understand that if they led a more frugal lifestyle in its fullest meaning then perhaps we can turn this train of spend and bust around.

By: David/Your finances 101

David/Your finances 101 — Tue, 23 Mar 2010 08:40:31 +0000

Great post.

However, anyone who is fairly financially well off (except for the super rich) in my opinion has had to cultivate the ability to resist temptation, or they wouldn’t enjoy any financial successes

By: uberVU - social comments

uberVU - social comments — Mon, 22 Mar 2010 23:32:18 +0000

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By: Sam

Sam — Mon, 22 Mar 2010 19:36:30 +0000

With Tyson plant here laying off 400 people I think the recession isn’t over yet… either that or maybe we’ve entered a new chapter in our history.

While yes, I think for some folks it’s frugal burnout, I think others it’s having to replace stuff as it breaks. Things just don’t last as long as they used to.
For example : Both of our phones are barely functioning right now & they are only 5yrs old. My parents had the same phones through my entire childhood & my Mom used the phone a lot!

My dryer has died & my washer is limping along in a noble fashion – I have to replace both & have been looking around for 2yrs…. I keep getting spooked when I read online reviews about new appliances – seems like they are only made to last 5 years now….

So it could be some of the spending increase is due to things needing to be replaced. However, I have been called a chronic optimist before.

By: ctreit

ctreit — Mon, 22 Mar 2010 16:17:22 +0000

I share your concern. Let me tell you a little anecdote. I know this couple who lost their four homes in the real estate bust. They declared bankruptcy and moved on. Now they are renting a gorgeous place which also needs to be furnished equally well. In come a new bed-room set and a new very classy looking kitchen table. This stuff does not look cheap. I make a bit more money than they do and I have never declared bankruptcy, but I don’t think I could spend as much money on this kind of furniture as they did. Then again, I have always lived a pretty frugal lifestyle.