Wealthy misers

Soldato
Joined
17 Jun 2012
Posts
5,951
*Long waffle post alert*

I know you don't accumulate money with frivolous spending habits, but why are people with a few bob often reluctant, nay, down right stubborn when it comes to buying a quality product just because you can get a mickey mouse equivalent for about 1/4 the cost?

Example: My old man, he's been retired for about 3-4 years now, in his late 60s, earned a decent coin and paid into a final salary pension for the best part of 50 years (yes, I know).

Not only was the house paid off ages ago, nice 4 bed detached with garage, driveway, separate hard standing for his caravan etc. but he had no debt at all when retiring and chose the option to receive a large lump sum with a reduced monthly pension rather than just the full monthly amount. Suffice to say, he has cash in his pocket to spend without worrying.

And yet, even with all this as someone who can afford to replace worn out/broken stuff with a good quality replacement he ALWAYS chooses the most cheapest tat option :rolleyes:

His PC has always been about 5 years out of date, at the minute he's using my donkies old intel atom board I built into a new ITX case for him and with all the crap he has on it it runs like a dog. I offered to build him a really nice replacement if he buys the bits, nothing mega bucks and over the top for his needs, just something fast, small and quiet with good quality parts but as soon as he saw the price of some of the bits I thought he was going to keel over!!

Needless to say he won't be having a new PC now he's seen how much...
 
I guess it is a worry that the money wont last. My dad is near 70 and is in a similar situation, you have to remember that people are living longer and the money has to last.

Tell a lie my dad likes big new jags and dropped 100k on a flash Camper van.
 
Who's he hurting? Why are you so eager to spend your old man's money anyway? Or are you trying or buy a gaming PC with his cash and claim that it's what he needs for email...?
 
Its a life-style really, my dads like that... Doesnt matter how much money he has he will always buy something cheap and crap... Ending up buying x10 of crap stuff that breaks instead of 1 quality one... In the end he thinks he`s saving money but in fact loses about 50%...

So these days he usually asks me for an advice, since when I showed him how much money he was losing when he thought he was saving, kinda bought him down to earth.
 
My dads like that. Best about it is he's convinced that the money couldn't have been spent any better, that his product is the best, everyone else is wasting money etc... Then he harps on about it for a few weeks.
 
My dads like that. Best about it is he's convinced that the money couldn't have been spent any better, that his product is the best, everyone else is wasting money etc... Then he harps on about it for a few weeks.

I have a friend like this. He gets on my nerves enormously. "Yeah this only cost me £2"..."yeah but it's crap"
 
I would be annoyed as well. Not because of the cost aspect (its upto him how he spends his money) but it worries/concerns me when I feel that he could have got something so much better for just a little more and that he could be having more hassle than needed.

Nothing to do with spending money, more to do with just worrying about ageing parents.
 
My parents are the same, they will happily spend £2k 5 times a year on cruises but yet they both have a Nokia 3310.

But it's horses for courses, just because I would have the latest and greatest tech and have 1 holiday a year doesn't mean they should. They prefer travel to tech, that's all.

Plus, my dad has always said it's not that rich people are tight, it's that tight people become rich. If your dad is fairly well off now it will because he's used frugality all his life and that won't change now.
 
Well if this is true....


:eek::eek::eek:

I think he was being sarcastic.

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