“I met a real looker. He picked me up at the two dollar slot machines, so you know he’s no cheapskate.”
Stephanie Plum Series by Janet Evanovick
One of my husband’s and my most favorite call-in radio shows is Car Talk with The Tappet Brothers. The weekly show hosts two brothers who are wizards at automobile maintenance and repair. Each week they attempt to identify the malfunctions of the callers car and give advice on how to fix it.
The best part, for me, is how the brothers pepper their callers, and themselves, with jokes and humor as they give advice on how to fix the car. And if stumped, and not sure of the fix, they use their most famous line, “unencumbered by the thought process,” as they attempt to give an answer anyway.
On this particular day, as we listened to the show, the caller, a woman, wanted the brother’s advice on her husband’s hair brained scheme on how to fix her car. And, of course, as is their style, the humor and joking began — as one brother said, “Oh, you married a cheapskate, huh?!” They all laughed heartily as they agreed with the caller about her husbands repair idea — And, yes, on the cheap!
I, too, laughed at his witty comment — their humor and playfulness with their guests, along with their ‘say it like it is’ frankness, is endlessly entertaining.
“But wait a minute,” I said out loud. “Don’t be giving cheapskates such a bad rap!”
In fact, there are dozens of good solid reasons to be a cheapskate. Many people’s money lives would drastically improve if they, too, would just adopt the approach!
Yet, Cheapskate is a term that most of us find distasteful, and brings visions of a stingy, mean, and dishonest person. A tightwad to the extreme who pinches pennies until they squeak! Someone who holds their money so tightly that only death releases their grip.
Not a pretty vision and certainly not one that I would embrace nor suggest. It is definitely the opposite of an abundant, thriving way of life.
So, let’s look at what it really means to be a cheapskate and reveal its hidden benefits.
To help motivate you to continue reading (and help shift your belief around being a cheapskate)… Here’s the major benefit — RELIEF!
So, here we go…
A good cheapskate would…
• Cut costs
• Decrease expenses
• Live on less
• Spend less
• Embrace frugality
• Do stuff cheaper
• Ask for discounts
• Find the best deals
• Stop wasting money
• Pass by the sales tables
• Stop unnecessary shopping
• Buy only what they need
In other words, what I call PURPOSEFUL SPENDING.
Now, before you squawk or complain, no one is suggesting you give up all your possessions, move into a 200sf tiny house and ride a bike to work. Although, for many, this would be an ideal answer.
Instead, let’s look at what “Purposeful Spending” really means?
It means, you get crystal clear on what you want and need in life and every time you spend, it is in full alignment with what you said you wanted and needed.
You live and spend by your clear, heartfelt intentions.
You cut away the fat, the excess, and the wasted spending and apply your money to only those things you really want — only that which supports the way of life you envisioned.
No deal or discount is worth it unless it agrees with the heartfelt intentions you set. Step away from that sale table if the thing you truly want is not on it!
That flashy car — is it on your heartfelt intention list? If not, let it speed by and land in someone else’s driveway!
A big trip to Figi — was that on your heartfelt list? If so, then enjoy.
You get where I’m going with this, don’t you? It’s all about what you said you wanted and needed.
Nothing else takes its place. Otherwise, you’ll find you are never satisfied and the wasteful spending continues as you try to fill that emptiness.
Did you notice — Every single thing on the list above means MORE MONEY in YOUR POCKET?! Not someone else’s. Plus, you are all that much closer to your own clear, heartfelt intentions.
That’s what purposeful spending is all about… that’s what being a true cheapskate means –> living and choosing on purpose NOT living by habitual, reactive impulses.
If someone calls you a cheapskate — wear that badge proudly! There’s nothing unseemly about being one!
Are you spending on purpose? Are you crystal clear on your heartfelt intentions?
I know you can do it… shift from living by habitual, reactive impulses and instead, embrace PURPOSEFUL SPENDING
There are steps you can take, wise ones, which will help you determine the difference for you. Don’t go it alone… Let me guide you in the most useful steps to take, specific to you. The steps that help you let go of those things that simply do not satisfy and keep you from your heartfelt, money intentions.