I'm addicted to saving

SA96

Thanks for posting OP; It's a really refreshing read knowing that there are people out there similar to you.

I'm in a similar boat, I've got a phobia of spending money on anything without It being on sale and at a really reasonable price.

I've got around £17k saved and hopefully before I turn 21 in January; I should have £20k and I think I'm going to start enjoying life a lot more once I reach that goal as you're only in your early twenties once and life is about living!

uk1

SA96 wrote: »

Thanks for posting OP; It's a really refreshing read knowing that there are people out there similar to you.s

I'm in a similar boat, I've got a phobia of spending money on anything without It being on sale and at a really reasonable price.

I've got around £17k saved and hopefully before I turn 21 in January; I should have £20k and I think I'm going to start enjoying life a lot more once I reach that goal as you're only in your early twenties once and life is about living!

Hi,

Take comfort.

What is often not understood is that people sometimes get rich by adopting those philosophies when they were poor and it enabled them to get rich, and then they didn't adjust when they were rich. It's often the third stage where they fail to acknowledge their wealth where I think it goes wrong. For example Paul Getty installed a payphone in his palatial mansion and charged his guests for telephone calls.

I reckon the art is to do what you do but then recognise when you have enough.

Many people who work hard and save hard do not know when they actually have enough and can start to slacken the stays and enjoy the remainder of their lives. They do not know that they needn't worry or fret any more about interest rates or capital growth.

Jeff

darkidoe

SA96 wrote: »

Thanks for posting OP; It's a really refreshing read knowing that there are people out there similar to you.

I'm in a similar boat, I've got a phobia of spending money on anything without It being on sale and at a really reasonable price.

I've got around £17k saved and hopefully before I turn 21 in January; I should have £20k and I think I'm going to start enjoying life a lot more once I reach that goal as you're only in your early twenties once and life is about living!

17k before 21! *sweats* Savers are getting younger these days and more better as well.

parking_question_chap

bigfreddiel wrote: »

Healthy lifestyle for sure, gym membership terrible idea, complete waste of money, after the first few visits interest will wane and then you stop going, meanwhile the monthly payment will continue, and you will be tied in for at least a year maybe two. Don't do it. Go for a brisk walk, far better than a treadmill!

Cheers fj

True, if you are not sufficiently motivated. But we are not all like you.

bigfreddiel

parking_question_chap wrote: »

True, if you are not sufficiently motivated. But we are not all like you.

Gym membership, actually 70% of people with membership don't go after their first few visits, and also don't or can't cancel their membership!

Cheers fj

bigfreddiel

If you are saving for retirement and that's 40 years off, happy days, you have time on your side.

Do a few forecasts on any pension saving wizard, you can take an intelligent guess at what income you think you will need in 40 years, then the wizard will tell you what you need to save. Over forty years this should be an easily affordable figure.

Also save say six months worth of wages as an emergency fund, then start enjoying yourself and good luck fj

parking_question_chap

bigfreddiel wrote: »

Gym membership, actually 70% of people with membership don't go after their first few visits, and also don't or can't cancel their membership!

Cheers fj

So thats 30% that do then isnt it?

But you carry on tarnishing everybody with the same brush.

Eco_Miser

parking_question_chap wrote: »

True, if you are not sufficiently motivated. But we are not all like you.

Anyone who is simply told to go to a gym on a money-saving web-site is unlikely to be sufficiently motivated.

Eco_Miser

AddictedSaver wrote: »

Unless you're a gamer you probably wouldn't understand. I currently have an MMO mouse and a normal gaming mouse. The MMO mouse is pretty old and the weighted ball inside is lose so it rolls around. The mouse still works just fine but I should ideally replace it soon.

You're right, I don't understand, and you're not helping me to understand. I don't even know what a MMO mouse is, or how it differs from a normal gaming mouse, or indeed how they differ from the mouse I control my computer with.

AddictedSaver

Eco_Miser wrote: »

You're right, I don't understand, and you're not helping me to understand. I don't even know what a MMO mouse is, or how it differs from a normal gaming mouse.

and yet you claimed a £50 MMO mouse was a waste of money?

Assume your hobby is mountain walking. You certainly would not walk in normal trainers, it would be much better to buy proper walking boots, these boots will most likely cost more than regular trainers.

An MMO mouse is like a pair of walking boots for my gaming hobby. It has more buttons, it has more weight, it has faster response time, it has programmable buttons. All these extra features add to the performance of the mouse over a regular mouse, and the price of course.

I hope that explains it somewhat.