Asked by Anonymous
I'm not saying that you shouldn't save, but sometimes it comes to a point where is is so extreme
Save at your comfort level, however I always believe if one feels too comfortable then probably he/she is not saving enough, which is totally fine if you don't mind extending your retirement...
It really depends on one's family background/upbringing as well as how much income one is earning. If one comes from a very poor background and has suffered from poverty at a very young age, he/she has the tendency to want to save more because he/she is not willing to go through poverty again. Moreover, if one is earning only $1000+, naturally he/she would want to save more so that he/she has money during contingencies. Don't judge. Do understand everyone is different. Some have to make difficult decision because of their circumstances.
Yes, but if you keep spending on small stuff, you'll never be able to afford the big stuff (better furniture, better home, etc)
Maybe they're taking 'every cent counts' a little too literally. You need to gauge and give yourself the little leeway for indulgence yet not be so frivolous about the small expenditure. Saving is to enjoy in the future but if there's misery in the process, what's the point?