Episode 73 - Daniel Dancer & Frugality

Frugality

Oct 13

If wealth is sexy, then why is it such a turn-off to date a penny-pincher? And how much money can coupon-cutting and leftovers really save in the end?

Would it shock you to know that Ebenezer Scrooge, the comically cheap penny-pincher from Charles Dickens’s A Christmas Carol was based on a real man? Would it shock you to know the real life version was way, way cheaper and way stranger? Today we’re getting to the bottom of the “bottom line”. How cheap can we go before it’s a turn-off to the opposite sex? Or is it a turn-off? Maybe every cast member of Extreme Cheapskates is dodging underwear and phone numbers 24/7…

On this episode Todd and Joe will dip into psychology and consult a few reputable websites to find out - is being crazy-frugal a mental illness? We’ll talk about the tipping point where being a cheapskate saves so much cash, it becomes sexy again...hypothetically. And we’ll ask the important question. If you never eat out and you turn off all the lights, how much can you really save in the end? When we’re on our deathbeds will we regret not splurging on top-shelf wine at Olive Garden? Or will we wish we’d saved for that bigger house?

History Links:

https://en.wikipedia.org/wiki/Daniel_Dancer

https://harrowonline.org/2016/12/21/the-real-scrooge-daniel-dancer-harrows-notorious-miser/

https://www.lookandlearn.com/blog/12581/daniel-dancer-the-miserly-model-for-scrooge/

https://www.in2013dollars.com/uk/inflation/1750?amount=10000

https://www.youtube.com/watch?v=LJebOM-5mlw

Science Links:

https://www.healthline.com/health/obsessive-compulsive-personality-disorder

https://www.everydayhealth.com/news/are-you-sensibly-frugal-mentally-ill/#:~:text=Frugality%20is%20a%20symptom%20of,be%20hoarded%20for%20future%20catastrophes.%22

https://health.clevelandclinic.org/retail-therapy-shopping-compulsion/#:~:text=Research%20has%20shown%20that%20making,can%20also%20fight%20lingering%20sadness.

https://www.inspiringsavings.com/what-percentage-is-really-saved-by-all-that-coupon-use/#:~:text=The%20typical%20family%20saves%20between,savings%20on%20their%20grocery%20bill.

https://www.glassdoor.com/blog/certifications-impress-recruiters/