Does Frugal Lifestyle gives you less Social respect?
Frugal lifestyle, less spending and less showoff is making me less invited and less of part among people who spend more and do more showoff with their money. Does that relates to frugal lifestyle or they are more not interested in terms of personality?
Only in our minds. We have way to much social pressure to live beyond our means deep in debt.
Who really cares if we drive a 10 year old car and don't flash the latest fashion. At the end of the day those who are living debt free have the most respect from those who could only wish they could get out from under a mountain of their own debt, or keep from going bankrupt.
Once you reach debt free status the pressures of social status just seems to no longer be important.
Keep a good helping humble personality towards others and you will have the types of real friends that you need.
The others from snobsville that only come to crash your party eat your food and drink your expensive wine will still criticize, make fun, and then leave you the mess to clean up.
Check out my Hubs, I have written many Hubs on frugal living.
I believe one's personality and their sense of humor effects their social life the most. However if one is invited to attend functions which require paying a fee or some expense and they decline over and over again eventually people will (know) not to bother inviting them again. Everyone gets tired of hearing the word (no).
Having said that if you are still doing things but on a "budget" (going to see movies during a matinee, using coupons to get discounts on meals in restaurants, shopping at Wal-Mart or Costco as oppose to Macy's for clothes and so on this would not likely effect your social life all that much as an adult. Even with doing this most people would "pick their spots" to splurge on something every now and then.
Teens on the other hand want to live at the mall and spend money freely because the majority of them get it from their parents. The only frugal teens are those whose parents can't afford or refuse to indulge their children with money for every single fad that comes along.
I think that there is a stigma attached to living frugally. People seem to feel that if you are trying to save money that you must be poor and therefore not in the same class as them, i thought the whole cast system thing was over but it appears alive and well in our modern society. I spend time trying to teach my friends that constant splurging is going to leave them in a hole and that saving where you can gives you money for a rainy day in the future or money for something that you do decided you really want. Many of them think that my price matching etc. make me look bad, but I think it is just smart.
I guess that depends on who you care to impress.
There are currently billions of dollars in enforcement and advertising, being spent by Congress to protect industries who do not even pay a smidgen of taxes to the Nation who pays Congressional salaries. "Don 't buy fakes or prescriptions on-line..." with a load of fear mongering propaganda.
If you care more about the opinions of the billionaire industrial ruling class than your own sense of value, and your own common sense, then the answer is yes.
Starx, don't let outside pressures shake your commitment to spending and saving wisely. As others have said, who cares what others think of you when you can live debt-free and happy. The stress and strain of unnecessary financial burdens is not worth it. Living frugally allows you to do more of what you want with your money, rather than giving it away to the creditors.
Hang in there! It's worth the effort. You CAN be content with what you can afford.
Unfortunately, it does in some circles. It has little to do with wealth but more with a lack of compassion and a taste for greed. The more I see of this new trend of "expensive gifts or no more invitations" the more I cringe that the disease of materialism has finally infected our society like a plague. Generosity speaks from the heart and not the wallet. I would no more want to be in the company of these people than I'd choose to sit next to someone w/ a highly infectious virus. I've learned over the years that the tides can turn with little warning. Maybe the disingenuous will get to reap what they sow. More power to you!
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