Anonymous wrote:He got rich by being careful and scroogy for 70 years. Now the habit is hard to break.
Anonymous wrote:Anonymous wrote:My multi millionaire cheap ass uncle drove a Yugo when I was a kid and also flooded out his house because he would turn the heat down really low in the winter lmao.
Weird guy and ridiculous, but I don't think this qualifies as mental illness.
I think it's mental illness, not just weirdness. When you do things that can be detrimental and damaging to yourself and your family for the sake of being frugal it beats the whole point of being frugal (which is to feel security and comfort). It's illogical. People who are frugal to the point where they create hardships (which money is supposed to solve) are mentally damaged or have some sort of personality disorder spectrum.
Anonymous wrote:My dad is the same way and it sucks for my mom. They are retired. She wants to travel. She wants new experiences. She wants to enjoy her last few years. My dad gloom gloom gloom gloom gloom gloom. It's disgusting. I put together a trip for them to Costa Rica and it collapsed at the last minute. He found it too expensive. They don't do anything. I wish my mother could divorce him and just enjoy her life.
Sorry OP
Anonymous wrote:Anonymous wrote:His parents and grandparents probably told him stories about the Great Depression that were scary.Anonymous wrote:My retired dad is wealthy compared to most retirees his age. Yet this man is always negative. He always send me articles every time there is some bad economic news. He goes into a gloom and doom rant. He always cries poverty despite taking home $10,000/month as a retired 70 years old. He has a pension. He has amazing health insurance. He has no debt . His home has been paid off for 20 years. He has paid rentals. he has investments. And yet he keeps crying poverty. This month one of his tenant is leaving. OMG now he doesn't know if he will survive financially. I love my dad but this seems like a mental illness. I feel bad for my mom..she is the total opposite.
It's exhausting. Do you know people like that? Why are they so preoccupied with money despite having enough cushion??
As someone almost that age, I can tell you that it’s more than just stories. We lived with the habits of people who grew up in that period. Like I can never have enough toilet paper.
Add to it that, many of us were expected to be out of the house by age 18 and self supporting. Parents didn’t help with first and last months rent, buying a car or continuing education. So there were many years of personal struggles. Ramen noodles, spaghetti, meatless dinners, popcorn as a meal were real things. And to make that happen we had to be scrappy - getting jobs by age 10 or 12 and never taking a break from working. Summer swim team wasn’t on anyone’s radar because jobs came first.
And you never saw anyone you know travel. Vacation was tent camping or a day trip to the shore or a local lake with sandwiches packed from home.
It is very hard to change this mindset. It’s your way of life. Any volatility in the stock market brings real fear.
So I, like your dad, will probably die with a lot of money even though I’ve been working on learning to enjoy what we’ve saved over the years. I think for some of us that’s inevitable. But it doesn’t mean we’re not happy and not enjoying our lives.
the toilet paper hoarding toilet paper thing is now recurring due to experiences during COVID.Anonymous wrote:Anonymous wrote:His parents and grandparents probably told him stories about the Great Depression that were scary.Anonymous wrote:My retired dad is wealthy compared to most retirees his age. Yet this man is always negative. He always send me articles every time there is some bad economic news. He goes into a gloom and doom rant. He always cries poverty despite taking home $10,000/month as a retired 70 years old. He has a pension. He has amazing health insurance. He has no debt . His home has been paid off for 20 years. He has paid rentals. he has investments. And yet he keeps crying poverty. This month one of his tenant is leaving. OMG now he doesn't know if he will survive financially. I love my dad but this seems like a mental illness. I feel bad for my mom..she is the total opposite.
It's exhausting. Do you know people like that? Why are they so preoccupied with money despite having enough cushion??
As someone almost that age, I can tell you that it’s more than just stories. We lived with the habits of people who grew up in that period. Like I can never have enough toilet paper.
Add to it that, many of us were expected to be out of the house by age 18 and self supporting. Parents didn’t help with first and last months rent, buying a car or continuing education. So there were many years of personal struggles. Ramen noodles, spaghetti, meatless dinners, popcorn as a meal were real things. And to make that happen we had to be scrappy - getting jobs by age 10 or 12 and never taking a break from working. Summer swim team wasn’t on anyone’s radar because jobs came first.
And you never saw anyone you know travel. Vacation was tent camping or a day trip to the shore or a local lake with sandwiches packed from home.
It is very hard to change this mindset. It’s your way of life. Any volatility in the stock market brings real fear.
So I, like your dad, will probably die with a lot of money even though I’ve been working on learning to enjoy what we’ve saved over the years. I think for some of us that’s inevitable. But it doesn’t mean we’re not happy and not enjoying our lives.