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Essentially the Only One

by Richard

The New Frugality

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The Frugal Teenager, Ready or Not

Indulged. Entitled. Those labels have become hot-glued to middle-class and affluent teenagers born after the last major economic downturn, in the late 1980s. They were raised in comparatively flush times by parents who believed that keeping children happy, stimulated and successful, no matter the cost, was an unassailable virtue. A 2007 study by the Harrison Group, a market research firm in Waterbury, Conn., found that nearly 75 percent of parents caved in to their children’s nagging for new video games, half within two weeks.



Sometimes I wonder if I'm middle-class at all. It's not just that my son is perhaps the most unacquisitive teenager I know, making do with very little and maximizing his use of what he enjoys most, but his mum and dad are pretty much the same way. My weakness is camera bits, but I space those out over months, usually waiting for a sale or rebate. Nothing in the least bit house-filling though.

So when I read articles such as these, my jaw tends to drop because such an overtly materialist existence seems simply weird to me. On some level I can understand why it might be attractive, yet I have never followed up on these fleeting emotions. Perhaps I am lacking something? Clearly a shopping gene has gone amiss because, apart from grocery shopping (that I love), I view a trip to a store as a less-than-pleasurable experience.

Oh well. I think part of my conundrum is that I got used to getting by with very little when I was a student and unemployed post-college and that way of thinking set the pattern for the rest of my life. In these troubled times, I feel this is just as well. :smile:

The Lake Isle Of InnisfreeShocked

Comments

vandrew 23. October 2008, 01:50

I doubt your missing out on much, not that I'm much of an expert myself.

So here are the fall photos guys. The wind up hear stole a lot of the leaves before they got to peak, so I didn't get many of the great panoramic shots you usually take of fall time, but I uploaded a few of them such as they are:

http://my.opera.com/vandrew/albums/show.dml?id=624380

musickna 23. October 2008, 01:56

:lol: Lovely photos, Vandrew.

vandrew 23. October 2008, 03:50

Thank you :smile:

Lagged2Death 23. October 2008, 04:11

I would venture to guess that most kids take after their parents. And that parents who buy their kids too many toys probably don't exactly deprive themselves, either.

musickna 23. October 2008, 12:12

I'm sure that's true, L2D. Following that logic, one can only assume that those same parents were equally indulged - or took on the assumption that they should be equally indulged. Maybe that's what I find hard to empathize with - this incredible sense of entitlement. I definitely get the sense I am out of step with the mainstream on this (as well as other issues! :smile:).

ellinidata 24. October 2008, 12:51

parents who fail to teach their kids the value of the dollar enable them to fail one day...
for a healthy society it is our duty to teach them right :smile:

edwardpiercy 25. October 2008, 16:00

For October I had to put off buying those solid gold bathroom faucets that I wanted. Hopefully...next month.

:smile:


Aqualion 25. October 2008, 22:01

An overtly materialistic existence may seem weird, but there's a lot of it about.

Our children (my own son is 21) was born into this world with earphones attached to their heads and every possible means of communication at hand. They know what is going on everywhere in the world. And they also know what to buy and where to get it. They don't even have to go shopping to buy stuff. The struggle of finding yourself and defining your identity is quite easy. All you have to do to fit in is consuming.

This Consumer Generation is lost when money is low and prizes are high. They have lost their means of defining their identity.

It's sad, really.

And who's to blame for confusing consumerism with frugality? Well, I'm to old to find any satisfaction in pointing fingers, and I gladly and fully accept my responsibility, but what can a poor boy do?

demiphonic 30. October 2008, 05:55

maybe you played the wrong video games as a child? :D

sup Rich? :yes:

video games are sooooo addictive. I buy em for myself now p: however when I was young my parents never gave in :irked: I never got a console, much less a game for it :faint:

They made the right decision though p: I would have spent too much time on it. But you are right ...children these days get too much too easy & not just by parents who can afford it :frown:

sadly this global economic trouble we're in is gonna force everyone to be more frugal :eyes: ..lets hope it doesn't get too bad :insane:

ellinidata 30. October 2008, 17:56

@ Ed,
"For October I had to put off buying those solid gold bathroom faucets that I wanted. Hopefully...next month."

I hope this month will the one!!! :yes:



don;t forget to take pictures ,
just to show the off
and brake our chops! :lol:

edwardpiercy 30. October 2008, 18:04

Ah, I don't think I will be able to get the solid gold faucets this month. Not when I have to buy a little mink coat for my dog Sasha.

ellinidata 30. October 2008, 18:16

I hope it is not the real thing :frown:

Synthetics will warm her too ....

is a new Fedora for you in the list too ??

edwardpiercy 30. October 2008, 18:20

Synthetic fur? On a dog? Well I don't think that would be very good.

But okay, how bout a badger fur coat? I mean she is a badger dog. That just makes sense.

ellinidata 30. October 2008, 18:29

demiphonic 31. October 2008, 03:28

solid gold bathroom faucets? :lol: I hear Gold is a SOLID investment in hard times like these p: ...so says CNN :D

ellinidata 31. October 2008, 03:59

I hear he has flat panel TV's(3-4 ) in his bathroom and all are turned on CNN as well! :D

demiphonic 31. October 2008, 04:44

you don't say :D ...I'll have to take your word for it cause I'm not going near there :lol:

ellinidata 31. October 2008, 17:19

:lol:

edwardpiercy 31. October 2008, 17:30

@ Angeliki.

Hey, everything is turned on in my bathroom, honey. And I don't mean to CNN. :devil:

ellinidata 31. October 2008, 17:37

:lol:

move the action in the bedroom Ed! I hear it is more fun! :lol:

edwardpiercy 31. October 2008, 17:43

Everything's turned on in there, too. (Going to your blog)

ellinidata 31. October 2008, 17:51

:lol:

pls do,
and don't forget to see the
Barack pained by Ron :heart:

MossMan 30. December 2008, 14:03

I'm going to sound really old now, but... when I grew up I *earned* the money to buy myself a home computer (as they were called back then). Two years of weekend paper-rounds and I was the very proud owner of an Amstrad CPC464. (Followed by a disk-drive and printer before I quit the job).

Then in university I had to take twice as many years to get through since I had to take on jobs to survive. My parents were wealthy enough that I didn't receive a large grant, and although they bailed me out a few times we all thought it "right" that I pay for myself.

And somehow, all my life I've been friends or neighbours with those who got fantastic Christmas presents when we were kids, their cars and houses paid for during university, etc. I've always been the poor one struggling by - which is probably why I'm usually satisfied with "enough" nowadays. To the annoyance of my wife, who grew up with still less than me and turned the other way - while not a big consumer she wants to see the money coming in.

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