Almost every book I read is on investments and money management.

I dream and breathe savings.

I could watch  suze orman and Dave Ramsey for hours on end

I don't have much fancy and expensive jewelry like most ladies.

I don't shop like most ladies do

I probably don't own more than 7 pairs of dressy shoes and 4 handbags(there could be more in the boxes in my attic but I don't miss them)

I only do my nails for ocassion (but hair is a must do)

I'll rather have the money in stocks and mutual funds.

I drive a modest  Toyota Camry even though I know I could easily drive better.

I plan and budget all my expenditure.

What gives me the greatest high is watching our savings and investments grow even though the stock market has been depressing lately.

My home is modest but superbly furnished,I could afford to live in a richer neighbourhood but would rather save the difference in the mortgage.

I hope to retire megarich  before 50 and by his grace I will.

I do vacation at least once a year but I pay cash. and hate to owe.

I save more than 25% of my gross income

I have no credit cards.

I never buy designer clothing unless they're on sale

I have no Louis vuitton,no prada no gucci and have no interest in them

ninewest is my idea of top of the line

My friends all call me for financial advice  even though I have no formal training in the subject.

The most expensive thing I own is my engagement and wedding bandset and as you guessed,I did not buy them.

I will not order room service in hotels because of the charges even though my oga doesn't mind,I feel guilty.

But I want to know if I should just relax,spend and enjoy myself a little bit more.

Are there nairalanders like me or am I alone?
Am I cheapskate or just an intelligent consumer?

lol.
omo eko you are one fashionista
I hope your bobo is ready

I'm yet to own a plasma or LCD
I'm waiting for the prize to fall fall fall then I get one.

I just got a camera phone last year after my regular cheap looking flip phone fell into the loo
My first flip phone was in 2005
I had the old fashioned type for a whopping 6 years.

I always loved the digital cameras but happily used the disposable kodak cameras till Christmas 2004 when digital cameras became affordable to every tom di'ck and harry then I got one for a little over 100 bucks

am I really cheap or just a contented female ?

@ Nwando,

In my opinion, you seem pretty clued up with your finances.

Keep at it, but you may wish to spash out on yourself every now and then. This in itself does not have to be extravagent, just look for the best deal/bargain out there and spoil yourself a bit.

Meanwhile, keep saving/investing till you clock 50 and then you can reap the rewards of your savvy financial strategy.

but you may wish to splash out on yourself every now and then.

When I want to 'splash out' on myself, I buy chocolates and ice cream. You don't have to spend much!

Asking "am I obsessed with saving money" is like asking "am I obsessed with success?" Why not?!

@SEUN

Jedi jedi go finish you ooo, lol

@nwando

I kinda love ya stylee, wished I had some1 like as a wifey, but it might do you good as well if u can loosen ya grip a little bit on your purse cos i know u can afford more than one vacation in a year

@nwando

hun don't worry you're not the only one o.
I too will be considered a cheapsake, but you can't really tell by looking at me.

My honey tells me I'm very cheap, he even goes so far as to force me to get expensive things, as long as he's paying, I don't turn them down, but I'm beginning to because I can see myself with him for life and I want to make sure that we are very comfortable when the time comes.

There's nothing wrong with being a cheapsake, you get the same things as others but pay less for it. I call it discipline. Keep it up.

What's your occupation by the way?


The current book I'm reading is called Automatic wealth for GRADS, or anyone else just starting out by Micheal Masterson

@nwando,

Your actions may be hurting the US economy . Please spend more, please.

Nice moves (recommended),

nwando:

The most expensive thing I own is my engagement and wedding bandset and as you guessed,I did not buy them.

RichyBlacK:

@nwando,
Your actions may be hurting the US economy . Please spend more, please.

ROFLMAO, you guys are nutters, I have not laughed like this in a while, my side hurts. .

~Lady~:

@nwando

hun don't worry you're not the only one o.
I too will be considered a cheapsake, but you can't really tell by looking at me.

My honey tells me I'm very cheap, he even goes so far as to force me to get expensive things, as long as he's paying, I don't turn them down, but I'm beginning to because I can see myself with him for life and I want to make sure that we are very comfortable when the time comes.

There's nothing wrong with being a cheapsake, you get the same things as others but pay less for it. I call it discipline. Keep it up.

What's your occupation by the way?


The current book I'm reading is called Automatic wealth for GRADS, or anyone else just starting out by Micheal Masterson

Praise God I have a sister on nairaland.
do you also sneak in your own diet coke into the movie theaters
when I dress up and knack my sunglasses I bought at ross for $9.00,I blend right in with omo eko and her $300 Gucci shades

tRoOE:

For God so good he gave sent someone that fit my life style
He will spend any amount on me/himself and still have more saved up

osis it won't hurt if you spend on yourself sometimes oh
Go for a shopping spree someday, treat yourself well, and trust me you won't regret it

LOL who still use disposable camera, abeg the digital isn't that expensive anymore, you can get one for 100

I like changing my phones every year, I haven't gotten a chance to get a new one this yr sh (lol money plenty for my hand ) the proverb my mom use when she's broke

Come on plasma TV are always on sales especially in sears, or go after thanksgiving when they have that black Friday sales

ah ah
I said I got digital camera in 2005 when the price became affordable.
As for plasma TV,I'm waiting for when they become dirt cheap by God's grace in 2 years.
Hopefully there'll be a special
"Buy a 42 inch plasma and get an Ipod  and blackberry for free" ROFL

awon boiz:



@nwando

I kind of love ya stylee, wished I had someone like as a wifey, but it might do you good as well if u can loosen ya grip a little bit on your purse because i know u can afford more than one vacation in a year

Thank you dear.
May God grant you a wife as frugal as Nwando
may all those high maintanance chics trip and fall over before they get to you.

Crownvilla:

@ Nwando,

In my opinion, you seem pretty clued up with your finances.

Keep at it, but you may wish to spash out on yourself every now and then. This in itself does not have to be extravagent, just look for the best deal/bargain out there and spoil yourself a bit.

Meanwhile, keep saving/investing till you clock 50 and then you can reap the rewards of your savvy financial strategy.

You've made my day.
Now I really know I'm on the right track.
I know I should probably loosen up a bit but I don't know if it's my modest upbringing by 2 hard working civil servants that's stopping me.


My hubby and I went to disney world sometime ago and I would not let him book the disney resorts.
No way.
Why should we stay in some resort with palm trees for a whopping $325 a night for 3 nights not including food and park and show tickets when there is a residence in by Marriott for a fraction of the cost.
Do you know how many stockfish I can buy with the difference?

Cheap stingy people rarely get rich. Some people are always worrying about money. They can’t just buy something without mentally debating with them selves. For example, before they get gas or fuel, they will roam around the whole city looking for cheap gas not knowing that they are wasting money roaming around.

Guess Ur upbringing (which is similar to what I had) contributed to the way U handle money. Thanks for starting this thread. Now I know I'm not "too thrifty."

there aint anything bad in buying stuffs for ur self, but it all comes down to moderation, "buy what u need not want u want". dnt buy a new ride cos u want it buy cos u need it. apply this to allmost all stuffs and u'd find out u'd save some xtra cash, kapish

@nwando

There is absolutely nothing wrong with your attitude, infact we need more people like you. I am a lawyer who represents people who have housing problems, which has been brought on by debt. Usually my clients have rent/mortgage arrears and other debts, and believe me there are a lot of people in debt.

The only caveat to you is to watch your attitude closely, if it is becoming an obsession, that you cannot even part with money to give to others or God, then there is a huge problem. My other advice is to start to support a charity of your choice, or even better to sponsor a child.

i concur with all your views.

Nwando ure not stingy or thrifty in my opinion, ure disciplined with ur finances. buy the necessecities and ones in a while indulge ur self. extravagant life styles never leave u content with yerself. prudence with finances should be the epitome of our lifes.

just imagine urself earning 30thousand a month and u buy a cloth and shoe worth 30thousand isnt that stupidity?
cut ur clothes accordn to ur material/size.

my views though.

hey nwando,
you are not alone.
I wear the same clothes for 5years and people cannot comprehend it,they just say i am stingy, for me if the clothes are in excellent condition, why not
.I calculate the price of items by the ml when we go shopping etc.In fact when my husband and i go shopping, i am always like this is good business if we have a market for it .
My first gold was also my wedding band and subsequent other pricey gifts have been from my husband 9which i would never buy for myself) .
but i guess i am better than before as i tend to give more now.
I dont think people like us are strange,its just different strokes for different folks.
cheers

@Topic

Everyone has contributed wisely to this topic leaving me to learn one or more things
Well it is a wise thing to invest, good to make the hay while the sun shine
We all r' different in our ways, tots, life, expression, attitude, perception and philosophies
Lets all not forget that this life is only once, haven't seen a person who has had chance of reincanating
I have alwaz embraced good life, i don't have so much to live on, but the little i make, i go for the best i can afford within my limmit
Live/death does not lie in our power, live today as if 2m never exist
No one knows what the furure holds or how long we live on earth, so why don't u make the best beacause thats the much anyone can offer herself/himself. When we die the living go scampring /loothing what we left behind
I save wisely and same time am expensive and that's y guys in my office keep saying it will be hard to manage my account, . Who cares .
When death calls, i die a happy person
I can't stop looking good, hasn't been my nature, and too late now

hmmm, with all this obsession i'm seein from different posters about saving money,i hope u guys remember life is so short.

hmmm interesting,, once again i say buy if its a need and dont if its a want

Sholeyb:

@nwando

There is absolutely nothing wrong with your attitude, infact we need more people like you. I am a lawyer who represents people who have housing problems, which has been brought on by debt. Usually my clients have rent/mortgage arrears and other debts, and believe me there are a lot of people in debt.

The only caveat to you is to watch your attitude closely, if it is becoming an obsession, that you cannot even part with money to give to others or God, then there is a huge problem. My other advice is to start to support a charity of your choice, or even better to sponsor a child.

Thanks for your advice.
By God's grace my hubby and I believe in giving and I know God has blessed us financially by giving to our Church and members,charities and other
worthy causes.
We also do sponsor a child at "feed the children" and another charity.

I'm asking God to bless us immensely so we can be blessings to others not just to be self sufficient.
I dream of having boreholes dug at my village so that people can have clean water at no cost and I know that will happen in the near future.
That is the cause dearest to my heart.

I am excited to know that there are many who also think of the rainy day and save save save.
@ all your contributions have been awesome.
Like someone earlier said,there are many people in heavy debt living from pay check to paycheck and I refuse to be one of them.
The same people riding the latest Mercedes and lexus and living in opulence are the same ones calling to borrow money.

If only Nwando was younger than me and unmarried. . . . .she will make a good wife.

i save a lot too.
LOL.Now that i know that im not Weird i can heave a sigh of relief.

D best 2 b is 2 b frugal.i ve always liked pple that kw how to manage resorces.Im like that too.Always countin my gains before undertakin any project.PPLe like us neva get broke.instead we serve as savin grace to others especially in our places of work.so its gd.keep it up all nairalanders with this kind of spirit.These days our type is really rare.

4 Play:

If only Nwando was younger than me and unmarried. . . . .she will make a good wife.

LOL
You should have just said If only Nwando was unmarried.
Spoilt married a younger man, it's actually in vogue

.

minute:

i save a lot too.
LOL.Now that i know that im not Weird i can breath a sigh of relief.

Thank God there are many like us that choose to live below our means.