Wealthy misers

My dad's attitude was always "it's only money" - which is one I've definitely picked up too :p He would always prefer to spend it on doing something awesome for my mum or, later, for all of us, rather than save it away for a retirement he never got to enjoy. Now he's gone, my mum and I have to live fairly simply, but I don't begrudge him that at all, we had a great time, and he had an amazing life, both of which are more important than having money. I'm never going to make a fortune teaching, but I'll do anything I can for my mum and my fiancée.
 
Yas786 said:
Evidently i dont so please oh wise one explain why they call it spoil for a reason.
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Someone who has had their upbringing spoiled by luxury. They don't appreciate what they have because they don't know the value of it, they've never had to earn anything, etc. This pampering spoils their personality and character.
 
Dj_Jestar said:
Someone who has had their upbringing spoiled by luxury. They don't appreciate what they have because they don't know the value of it, they've never had to earn anything, etc. This pampering spoils their personality and character.
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I was being sarcastic with my reply to Xordium;), didnt realise how much my post would offend some people.

But yes i know what spoiled kids/people are like, i have a few cousins who are spoiled and their attitude to life is quite frankly disgusting imho. My cousins who are spoiled just snap their fingers and good ole mummy and daddy get them whatever they want including a 6 figure wedding in the line for one of them that is getting married next march.

I dont really resent my dad for being a tight fisted git, as his family ie parents were pretty tight fisted so obviously it passed onto him. But if anything good came out of it, it was that he taught us the value of money. Something that my brother in Canada is now knocking into his kids head, they may be spoiled but if my brother or sis in law says no, it means no. They tend to dangle carrots in front of them ie household chores in order to fund their expensive toys.

Me and the missus have also discussed this at length and will probably do the same, you want something then work for it. Nothing in life is for free sadly, not even water:p
 
I am guessing he has faced hardship, maybe hit rock bottom financially in his life, has learnt from it, and vowed never to be there again.

This is how he succeeds.
 
Over time you get to appreciate that the shiny new stuff is often just tat, and not worth the additional outlay unless you're an enthusiast.
 
I'm this way to some extent - I can often afford the best of breed, but I very rarely purchase it if there is something say 80% as good for half the price:

-House: bought a 3-bed terrace instead of 4-bed detached on the same estate
-Car: bought my wife a cheaper marque rather than top end in same class
-Wedding: Spent under £10k, could have spent a lot more to get extra bells and whistles
-Honeymoon: Flew economy, didn't stay in 5* hotels
-Computer: Usually bought midrange kit i.e. mobos for under £100, cpus/gfx cards for under £200 etc
-MP3 player: Cheapo job instead of iPod
-Clothes: Something I consider good value instead of what I think is genuinely the best (e.g. I would buy a shirt for £20 instead of £50 even if I thought the £50 one was marginally better)
-Furniture: As above - plenty of flatpack

Realistically I could probably have afforded the 'better version' of all of the above. There are occasions where I have regrets, looking out my window at the big double-fronted house I could have had but didn't really need.

My dad is a bit of a strange one - he is prepared to pay top whack on occasion, however he keeps everything forever. He gets his briefcase repaired rather than buying a new one, he'll muddle through with dodgy drawers in his 25 year old kitchen units, his shower has been broken for years, most of the stuff in his kitchen is over 10 years old, he's only bought 3 cars in the past 35 years etc. And money isn't a problem, he's got no mortgage and plenty in savings.
 
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HangTime said:
I'm this way to some extent - I can often afford the best of breed, but I very rarely purchase it if there is something say 80% as good for half the price:
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I think that's just being sensible. Paying extra doesn't aways get you extra and is usually just wasted money just as buying the cheapest doesn't save you money because it's crap and breaks. They're of course exceptions where you may behold the knowledge to know which is actually best but for the majority of people decisions are made on price only.
 
Yas786 said:
Meh i cant stand tight assed people myself, my dad when we were growing up was pretty tight with money even though he had a very good job in Canada. But we didnt get the latest toys or clothes etc, my poor mum had to work and whatever money she had...she spent it on us only to get it in the neck from my dad.

I suppose thats why me and my 2 younger brothers arent that way inclined ie if we have the money we spend and dont buy cheap. My mums side of the family are like that ie very open hearted when it comes to buying stuff especially my oldest uncle who just had one of those new 85" Samsung LED TV shipped over from Dubai...was around his place for Eid and wow what a TV...bloody expensive but then hes a self made multi millioniare who owns 5 Mercs, all AMG with low mileage lol.

But definitely my middle brother spends a lot of money on his 2 kids, my niece who is 14 got a brand new iphone 5s the other day...$700 in Canada and my nephew who is 10 is getting the new xbox one and ps4 even though he already has the 360 and ps3.

As for me??, i like to spend my money on good quality things and thankfully my missus is the same as me ie not tight with her money. And unlike my dad, when i have kids i will spoil them rotten as long as i can afford it ie after bills and mortgage is paid of course.
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I was grown up knowing I had to work for my luxury in life.

If you give your kids hand outs all their lives, new phones for no reason, fancy clothes. They're going to grow up thinking that stuff is really important, when it's in all honesty not.
They're going to think "It doesn't matter if I'm bad, mum and dad have money, they can bail me out"

They'll never learn the value of money, and never learn about hard work, they will just grow up lazy, spoilt and entitled.

Thinking they don't have to earn things in the real world, if they even go to college they'll come out amazed that people aren't prepared to dance around them and give them stuff for nothing, with no practical skills. It's the problem with this generation, they aren't prepared to graft and make things work. They just go running to their parents when things go wrong, and float through life, never achieving anything of worth, never learning to get by independently, just looking to buy the latest gadgets and pursue the latest trends.

Do you want your son to be an unemployed stoner ****head, and your daughter to be a complete **** looking to lead a "celebrity life" at any cost? Because that's where you'll send them if you spoil them.

It's called spoiling for a reason, because if you spoil kids, they'll never amount to anything. Parenting is about discipline, it's about being cruel to be kind, make you kids earn their way, teach them skills, keep them on the path to whatever they want to pursue.

But if you think being a parent is about giving them things so they'll like you, or so they can blend into the crowd, you're deeply mistaken and I would suggest you reconsider having children as a lifestyle.
 
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One thing i would like to know from the misers on here, is where to find decent loafers?

I am on my feet all day and as such I tend to go through a pair of shoes every 4 months. The only shoes I have that have actually lasted are a pair of John Lobb's and they cost £700. http://www.mrporter.com/product/341152 (Mods: I think I can link to this site?)

I have been through countless numbers of other, cheaper brands and all of them, especially the soles, wear out extremely quickly, forcing me to buy new ones or have silly rubber soles put onto the leather soles.
 
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