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Is being frugal a bad thing?

One of the girls I know says I’m a “cheapass” jokingly because I don’t spend money a lot and it’s okay to let go and spend money on myself sometimes and treat myself. She told me to live a little. I know she didn’t mean that, but it bothered me. One time at the 99 cents store, my purchase total was $1.78 and my other girl pal said, “Wow you’re cheap (my name) lol. So frugal.”
She said I need to live and have fun. You can also have fun without spending money. I’ll try to only spend like $100 a month or $200 and that’s it. I’ve been saving my money for summer since I took summer off.
I don’t wanna end up homeless or in debt. I’m not telling you my amount in my bank account but I have over $3000. That’s my estimate and my friends think I’m frugal and it needs to stop.
Casheyane · 31-35, F
Maybe your friend didn't really mean bad. Just that your experiences and priorities and responsibilities are different. It's a challenge to find a compromise sometimes when you're part of a circle with different priorities. But if love is there between friends, I think you can make it work. Maybe if you open up, tell her comments like that make you feel misunderstood, she'll stop. Some of us are financially more privileged than others. I used to spend a lot on myself. I didn't understand before why some friends would rather eat somewhere cheap.

But then I grew up and got responsibilities. Then, I understand. A friend I had used to say 'Just bec we couldn't give you the love you want doesn't mean we don't love you'. I appreciated her then. Sometimes we care, but our experience are limited so we couldn't relate with a person.

If you are content and happy with how you spend now, that's okay. I think she may be just worried you're limiting yourself so she kept telling you to invest more on you. You know her more than I do so you have a better idea on her motivations and story background.

She can be herself and you can be you. if friendship is genuine, then I think you could still enjoy each other's company while respecting each other's priorities and choice for how you live your life.

But as for your heart, be you :) You're unique. You have your own dreams. I commend you for knowing what you want and working to get there. But also, don't be too set on it and then get scared when things don't go the way you want. Sometimes it could feel like we're being led on spirals. But trust God. Ask for directions. He'd be the one to show you how to live. So that even through the ups and downs and in between, you'd know you're gonna be okay in the end because you're on His hands.
Scarfface · 46-50, M
Being frugal is a good thing, you learn to live with not needing much so when times are hard or not as good as they can be you aren't effected. I've been frugal a long time and this crisis in living costs is not effecting me one bit. I'm probably £5 a week worse off.
ninalanyon · 61-69, T
As long as you are enjoying life you are spending enough. Being frugal now will mean that when you want to spend on something big and important the money will be there without having to go into too much debt.

I have a paid for house and fairly substantial investments and bank accounts but I still don't spend unnecessarily which means that when I do feel like buying a bottle of champagne or even buy something much more substantial I can do so, and I can enjoy it without thinking of what I might have to forgo to stay out of debt.
SilkandLace2 · 46-50, M
That's why people that have money, have money!! Nothing wrong with that at all!🤗🤗
Repete · 61-69, M
Nothing wrong with saving in my opinion.
I’ve always said I’ll can spend what I make easier than make what I can spend .
I’ve retired now and able to make ends meet because I’ve stayed out of debt as much as I possibly could but this is just me. It’s your money you do what YOU want to do with it and be proud that you have it because of your frugalness.
WhateverWorks · 36-40
I’ll think that all depends on if you are enjoying your life or if you’re anxiousness about spending money is getting in the way of you having experiences you would like to. Ideally, it’s good to have a savings with a goal, an emergency fund, a budge for living expenses, and some free cash,
Mktonght · 61-69, M
Savings are important, seems that most young people are all about “NOW” which is very short sided.
Personally I think your on the best path to being both happy and smart.
cycleman · 61-69, M
I take I'm being good and honest to myself. I am not an easy sucker to buy garbage and have just be around to collect dust.
frugality is badassery.

 
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