Notes on emotional spending

Emotional spending refers to the instinctive disbursal of money and time at the cost of physical and/or financial health. Decisions are made in order to “feel better” without thinking about consequences. Without sitting in judgement on whether this is a good or bad, here are some thoughts on the subject. It is fashionable to say that…

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Misconceptions about frugality

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Here are some common misconceptions about frugality and frugal folk. What is frugality? Wikipedia makes a wonderful reference to a behavioural science research paper titled, “Lifestyle of the Tight and Frugal: Theory and Measurement” The authors state, “Frugality is conceptualised as a lifestyle trait reflecting disciplined acquisition and resourcefulness in product and service use. Frugality…

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