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Spending Money

March 9th, 2006 at 07:54 pm

Today I went to lunch with a friend. I spent $7.20 - and I don't intend to feel guilty about it. Saving money is not about depriving yourself of things that give you pleasure, when you can afford them. There should be a balance between putting money aside for later and enjoying it now.

I had a relative, born in the Depression, who had a mania for saving every possible cent. Not only did he manage to alienate his family, when he finally got to old age, he was unable to relax and permit himself the things he'd promised himself he'd do when he retired. Although he was practically a millionaire, he lived like a renunciate in a cave. Finally when he died his children inherited his money and spent it all on things like trips which he would have enjoyed, but could never bring himself to do.

There is a difference between being frugal and being a miser.

1 Responses to “Spending Money”

  1. scottish girl Says:

    I completely agree with you. You should do things that make you happy.

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