Comments on: Why Most Frugality Websites Are Hurting You http://retirerichroadmap.com/blog/why-most-frugality-websites-are-hurting-you/ Helping You Retire Rich & Retire Early Thu, 27 Oct 2011 06:40:35 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Mikael http://retirerichroadmap.com/blog/why-most-frugality-websites-are-hurting-you/comment-page-1/#comment-4160 Mikael Thu, 27 Oct 2011 06:40:35 +0000 http://retirerichroadmap.com/blog/?p=465#comment-4160 Hi Elle, Thank you very much for your comment. I don't believe that I state anywhere that "money is everything", because I completely agree, that there is more to life than money. But I don't believe it is an either/or game. You can have both! Why I don't support frugal websites is because I think they are preaching a limiting view of what you can do. It is like telling the tree not to grow any further because it doesn't have to. I makes no sense (to me). I am a huge believer that we shall do all that we can in EVERY aspect of life. Be a better husband/wife/child, make more money (by providing value), become more educated, experience more things etc. etc. Anyone that preaches limiting yourself in ANY aspect (not just money) isn't going to get my vote or sympathy. Regards, Mikael Hi Elle,

Thank you very much for your comment. I don’t believe that I state anywhere that “money is everything”, because I completely agree, that there is more to life than money. But I don’t believe it is an either/or game. You can have both!

Why I don’t support frugal websites is because I think they are preaching a limiting view of what you can do. It is like telling the tree not to grow any further because it doesn’t have to. I makes no sense (to me).

I am a huge believer that we shall do all that we can in EVERY aspect of life. Be a better husband/wife/child, make more money (by providing value), become more educated, experience more things etc. etc.

Anyone that preaches limiting yourself in ANY aspect (not just money) isn’t going to get my vote or sympathy.

Regards,
Mikael

]]> By: elle http://retirerichroadmap.com/blog/why-most-frugality-websites-are-hurting-you/comment-page-1/#comment-4159 elle Thu, 27 Oct 2011 04:08:53 +0000 http://retirerichroadmap.com/blog/?p=465#comment-4159 Many of the frugal sites that you are talking about are not focused on building wealth... instead they are focused on choosing to live simply, making what means they have go further and spending their time and energy building family relationships instead of wealth. Money isn't everything... There is nothing wrong with being frugal. It is a discipline, it brings into focus what is important to you and requires you to prioritize. Being frugal is a positive thing to do, being a miser is a negative. A miser is cheap, stingy, selfish... a prisoner to his wealth, doesn't enjoy using what has been acquired and doesn't meet the needs of those less fortunate than themselves. It sounds like you are equating frugality with miserly, but that is like equating being financially viable with being miserly... it is not at all the same thing. Many of the frugal sites that you are talking about are not focused on building wealth… instead they are focused on choosing to live simply, making what means they have go further and spending their time and energy building family relationships instead of wealth. Money isn’t everything… There is nothing wrong with being frugal. It is a discipline, it brings into focus what is important to you and requires you to prioritize. Being frugal is a positive thing to do, being a miser is a negative. A miser is cheap, stingy, selfish… a prisoner to his wealth, doesn’t enjoy using what has been acquired and doesn’t meet the needs of those less fortunate than themselves. It sounds like you are equating frugality with miserly, but that is like equating being financially viable with being miserly… it is not at all the same thing.

]]> By: Nick http://retirerichroadmap.com/blog/why-most-frugality-websites-are-hurting-you/comment-page-1/#comment-4048 Nick Wed, 09 Feb 2011 05:13:21 +0000 http://retirerichroadmap.com/blog/?p=465#comment-4048 People buy a lot of useless things. For example new fancy phones, cars and so on. Why on earth do I need a new iPhone when my old one is working great. But some of my friends bought it, just because they like to follow the trend. It's a pure emotional purchase. I like to think twice before buying expensive gadgets and things I really don't need. People buy a lot of useless things. For example new fancy phones, cars and so on. Why on earth do I need a new iPhone when my old one is working great. But some of my friends bought it, just because they like to follow the trend. It’s a pure emotional purchase. I like to think twice before buying expensive gadgets and things I really don’t need.

]]> By: Mikael http://retirerichroadmap.com/blog/why-most-frugality-websites-are-hurting-you/comment-page-1/#comment-596 Mikael Sun, 28 Jun 2009 04:10:57 +0000 http://retirerichroadmap.com/blog/?p=465#comment-596 That is definitely true. I am sure that you would also agree that in order to make money (legally) you will need to help people (provide value). The more you help, the more you'll be able to make. That is definitely true. I am sure that you would also agree that in order to make money (legally) you will need to help people (provide value). The more you help, the more you’ll be able to make.

]]> By: Nicolas Prudhon@SEO Help http://retirerichroadmap.com/blog/why-most-frugality-websites-are-hurting-you/comment-page-1/#comment-592 Nicolas Prudhon@SEO Help Sun, 28 Jun 2009 00:12:12 +0000 http://retirerichroadmap.com/blog/?p=465#comment-592 Hi Mikael, I feel that where people lack the most honesty is with themselves! Although most of the people complain as to how money is wasted, I'm sure they would like to be in the 5% rather than the 95%... I have learned many thing through my life, and 2 points in particular: 1 - You don't need money to help people. 2 - But you can help more people when you got money than when you don't. .-= Nicolas Prudhon@SEO Help´s last blog ..<a href="http://www.nicolasprudhon.com/seo-mastery/finding-link-partners" rel="nofollow">Day 20: 21DSM – Finding Link Partners</a> =-. Hi Mikael,

I feel that where people lack the most honesty is with themselves!

Although most of the people complain as to how money is wasted, I’m sure they would like to be in the 5% rather than the 95%…

I have learned many thing through my life, and 2 points in particular:

1 – You don’t need money to help people.

2 – But you can help more people when you got money than when you don’t.
.-= Nicolas Prudhon@SEO Help´s last blog ..Day 20: 21DSM – Finding Link Partners =-.

]]> By: Mikael http://retirerichroadmap.com/blog/why-most-frugality-websites-are-hurting-you/comment-page-1/#comment-586 Mikael Sat, 27 Jun 2009 17:17:25 +0000 http://retirerichroadmap.com/blog/?p=465#comment-586 Yes it is very sensitive and something that can bring great arguments. Personally I like these arguments but not because I want to "win people over" to my point of view but because I like to hear how "most people" view things. The fact is that "most people" are the ones that will become my customers and it is them that I will have to provide as much value as I can. If I don't understand how they see the world I can't help them to the extend that I want. As for wealth I think the 90/10 rule applies all over the world and as I see it we're going toward a 95/5 split and not the other way. I'm aiming for the 5% by helping and selling to the 95% ;) Yes it is very sensitive and something that can bring great arguments. Personally I like these arguments but not because I want to “win people over” to my point of view but because I like to hear how “most people” view things.

The fact is that “most people” are the ones that will become my customers and it is them that I will have to provide as much value as I can. If I don’t understand how they see the world I can’t help them to the extend that I want.

As for wealth I think the 90/10 rule applies all over the world and as I see it we’re going toward a 95/5 split and not the other way.

I’m aiming for the 5% by helping and selling to the 95% ;)

]]> By: Nicolas Prudhon@SEO Help http://retirerichroadmap.com/blog/why-most-frugality-websites-are-hurting-you/comment-page-1/#comment-582 Nicolas Prudhon@SEO Help Sat, 27 Jun 2009 11:14:46 +0000 http://retirerichroadmap.com/blog/?p=465#comment-582 Hi Mikael, This kind of topic is indeed sensitive in many aspects. My life is now simple, yet I wouldn't lower my standard just for frugality sake. I worked hard my whole life and accomplished what I did to be able to do and get what I want when I feel like it. From an economy point of view, in Asia for example, 90% of the wealth is controlled by 10% of people... That may sound harsh and many people want to complain as to how much money is wasted, but the truth is that unless those 10% of people are spending their money so easily, the remaining 90% wouldn't have any money for living. So everything is not bad, nor everything is good, it's called the natural balance of life! :) .-= Nicolas Prudhon@SEO Help´s last blog ..<a href="http://www.nicolasprudhon.com/seo-mastery/outrank-your-competition" rel="nofollow">Day 19: 21DSM – Outrank Your Competition</a> =-. Hi Mikael,

This kind of topic is indeed sensitive in many aspects.

My life is now simple, yet I wouldn’t lower my standard just for frugality sake. I worked hard my whole life and accomplished what I did to be able to do and get what I want when I feel like it.

From an economy point of view, in Asia for example, 90% of the wealth is controlled by 10% of people… That may sound harsh and many people want to complain as to how much money is wasted, but the truth is that unless those 10% of people are spending their money so easily, the remaining 90% wouldn’t have any money for living.

So everything is not bad, nor everything is good, it’s called the natural balance of life! :)
.-= Nicolas Prudhon@SEO Help´s last blog ..Day 19: 21DSM – Outrank Your Competition =-.

]]> By: Interesting Reads June 27 2009 | OneMint http://retirerichroadmap.com/blog/why-most-frugality-websites-are-hurting-you/comment-page-1/#comment-576 Interesting Reads June 27 2009 | OneMint Sat, 27 Jun 2009 08:03:10 +0000 http://retirerichroadmap.com/blog/?p=465#comment-576 [...] Why Most Frugality Websites Are Hurting You by Retire Rich Roadmap [...] [...] Why Most Frugality Websites Are Hurting You by Retire Rich Roadmap [...]

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