I still splurge, but not all of it. When that rainy day comes by and it historically has, there is usually no one to run to for money or no one I am willing to ask. When those rainy days do come by, and I look at some of the stuff i purchased that, at the time seemed important and now it is collecting dust, I regret it. So I splurge on what I know I will actually use, not fads that will only last for a few weeks or months and then get tossed to the side.
For big things, I save, for little things, I splurge.
I mean, Splurging a few £ on something, like a few parts for a DIY electronics project, is not that bad because, (in this case) they'll be something I use a lot.
My parents' generation grew up in the depression and religiously believed in saving every penny, never buying anything that wasn't absolutely necessary. An uncle bought a new '53 Chevy and drove it til he died ...in '78. Another used an old black-and-white TV from the mid-fifties til '69 (when I gave him a color set). They all lived so frugally as to be uncomfortable, and all died with money in the bank. What good did that money do them?
I mean, Splurging a few £ on something, like a few parts for a DIY electronics project, is not that bad because, (in this case) they'll be something I use a lot.
My parents' generation grew up in the depression and religiously believed in saving every penny, never buying anything that wasn't absolutely necessary. An uncle bought a new '53 Chevy and drove it til he died ...in '78. Another used an old black-and-white TV from the mid-fifties til '69 (when I gave him a color set). They all lived so frugally as to be uncomfortable, and all died with money in the bank. What good did that money do them?