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53

The key question is this - What brings you happiness? How much is this behavior actually making you miserable? It's possible, and important, to find balance between frugality and as you say, being a miser. It's also important to understand the diminishing return, and to value not just your hour of time but your happiness-hour. By this I mean there's a ...


43

I spend hours researching two comparable products to try to save $3. Me too! I have also argued for hours with customer support to get $5/month off a bill (that's $60/year!), and I feel guilty every time I eat out or do something remotely luxurious, like getting fries with my $1 McChicken. Geez, even when I play video games, I hate spending the in-game ...


15

Unless your stinginess has reach truly compulsive levels, it should be enough to consciously remind yourself of the value of your time when you make purchase decisions or find yourself chasing minor savings. Another way might be to deliberately give yourself a monthly or weekly budget that you're allowed to "waste" on luxuries and conveniences without ...


12

There was a study last year -- it was all over the news -- that concluded that experiences, not stuff, is what makes people happy. The satisfaction from going on vacation lasts even after the holiday is long over. That new gadget only gives fleeting satisfaction. To that end, I recommend splurging on the affordable luxuries that give you a better experience....


10

I agree with JoeTaxpayer's answer. The question you should be asking is not "how do I spend more" but "how do I become happier". From what you say, it may be that you could increase your happiness simply by cutting back on these aggressive attempts to save a few bucks here and there. At the same time, if you do this, on some level your personality is ...


8

Do you plan a monthly budget at the beginning of each month? This might seem counter-intuitive, but hear me out. Doing a budget is, of course, critically important for those who struggle with having enough money to last the month. Having this written spending plan allows people struggling with finances to control their spending and funnel money into debt ...


7

"How much is your time worth" This has been useful for me, judging things based on how much their time value is worth to me, weighted more heavily than their actual worth. For instance, there was a time when I used to work on the weekends and pay to have my laundry done. Doing the laundry myself would have cost 25 cents, but taken two hours at least. Since ...


6

@pyb is right - you should put an hourly dollar value on your time. Calculate a realistic number and keep it in the back of your mind. Then when you're looking for a discount or a saving, estimate the maximum amount that you'd be able to save. This should be a realistic proportion of the value of the item. From those figures you can get the maximum ...


6

It took me a very longtime to learn that I no longer need to live like a starving student... and even now I live like a well-off student. And that's OK -- my needs and tastes are mostly simple. There's no reason to spend just for the sake of spending... but if you want something, and really can afford it after setting aside savings for retirement and ...


5

I phoned Tangerine; they enlightened me. It generally takes 2 hours for the email to arrive. Next, the recipient must open the email, click the link, and enter their bank account number. They'll generally receive the money 2-3 business days after that. This forum post suggests that the delays are due to systemic risk management, tendering, and clearing.


3

When I bought a used car, I went with the following characteristics: Under 100k miles. Cheap. Reliable model. Newer than 2000. I bought from an actual person instead of a dealer, and was willing to wait a while for a good deal, which also helped keeping things cheap. (And obviously ran a vehicle history and then an inspection before buying.) You don't ...


2

I used greyhound shipping, which is contracted out through this website: https://www.busfreighter.com/ 14 medium sized boxes costed me $325 to ship across the country, took two weeks, and were delivered directly my apartment.


2

There are two fees given in dollar amounts, and the rest are given as percentages. So presumably, the former will the fixed amounts, while the latter are percentages. If you want to be sure, you can google the names of the fees, or ask Verizon (while they can't tell you what the amount of the taxes will be, they should be able to tell you how they are ...


2

I'd advise you to just find a friend that has a similar plan and look at their bill. In NC, sales taxes are paid on the amount before discounts/coupons are applied... so, if you buy a $300 item with a $100 coupon here you pay $200 + sales taxes on $300... instead of $200 (about $21 instead of $14). Point being that elected officials come up with these ...


2

Start with your coworkers who are at your approximate salary range, and are also single. They will know of neighborhoods, streets, and complexes that are in your price range. You may be able to also ask those co-workers that were recently in your salary range because hopefully the places they lived have not changed that much. While Street View helps in ...


2

People who choose "good enough" (satisficers) tend to be happier than people who choose "the best" (maximizers), see link. So decide you want to be a satisficer for most decisions, and then work at it: deliberately limit the amount of time you spend on a small decision, and celebrate a non-optimal decision. Decide to be good to yourself, and say it out ...


2

here is what I have learned with multiple close encounters with bankruptcies: ask yourself.. what if I save vs what if I spend? say you like a new shirt.. ask yourself what can you do saving $40 vs rewarding yourself/your well wishers right away? you will end up spending. just like you the other person needs money. he/she is doing a work. ask yourself what ...


1

I'm 60 years old and I've only bought 2 cars new in my life. I think a used car in good condition is a much more cost-effective option. I don't know where you live so I can't be too specific, but I'd just search for "used cars", "cars for sale", and the like on the Internet. There are plenty of web sites out there for used car dealers, and sites where ...


1

Hehe, I feel your pain.. well, 'pain' isn't really the feeling though is it. I was unemployed for several years when I was younger, and I loved it. It taught me 2 things: you need to be careful with your money, and you don't need money to be happy. I loved the freedom, the carefree attitude I had to the world, the ability to do many things not constrained ...


1

Ultimately, money derives its value from being spend on a good or service. Investing it is an act of denying your present-self a good or service so that your future-self can obtain (hopefully more) goods or services. Investing is a sensible and responsible default position, but you clearly have passed the point at which the opportunity cost of the dollar not ...


1

Time is money. If those hours spent researching to save $3 made you a better profit than you would have otherwise had buying the more expensive product and using the rest of the time to make more than $3, then you came out on top. If you consider this general premise in every spending decision you make, you should always feel that you made the right choice....


1

I sent myself an Tangerine email money transfer. They sent me an email which took me to a website. After I entered the secret answer, they asked me for the destination bank account's details. They asked me to enter the transit number once, the institution number once, and the account number twice. They also showed a bold warning message: "Please ensure that ...


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