To me the biggest luxury in the world is being able to live reasonably happily within one's means and not having to worry about it. To think about one's finances as little as reasonably possible while not overspending and still getting to have fun with it sometimes, with the confidence that a reasonable amount of it is being saved for retirement someday. It doesn't require being rich, just having a sense of the value of things and the value of one's own time and life and life experiences, and getting good at quick, rough estimates of one's financial situation.

The more I have to worry about money the less happy I am, even if it's tons of money and I'm just figuring out how to best utilize it. Obsessing over money leads to a person thinking about nickel-and-dime bullshit throughout the day, every day. That's fun for some people, I get it, but they need to realize they're wasting time thinking about nickel-and-dime bullshit because it's fun to them, not because it's practical or pragmatic to do so. And that's fine if they want to do that, but they just tend to be miserable people to spend time with who are always missing the forest for the trees when living life.

In my opinion spending money is usually more work than it is worth, even without considering the time it takes to earn said money. Like, you have to go to the store, keep track of another item in your home which you basically never use, throw it away etc. Or go to a restaurant, order things, wait for 30 minutes just to eat and then wait to pay and so on. Or going on trips to exotic places, which mostly entails wasting a day sitting on a plane just to visit a country with barely functioning infrastructure.

So to me it looks like people work hard to spend their money for no reason at all and that is what keeps them miserable.

Why pay $10 for a salad when $20 can pay for a week of salads customized exactly the way you want. (and organic)

Money doesn’t just buy a different grade of items. It also buys a whole slew of novel experiences, of which you only get so many in your life.

Yeah, some amount of spending can make you happier.

Live while you're alive. You don't know when the bus is going to come around that corner a little too fast.

I would honestly never live like this, regardless of my financial goals. I hope the husband is actually enjoying it...

> I would honestly never live like this, regardless of my financial goals.

Yes you would. If your financial goal was to have enough money to put food on your table, you'd care less where that table was located.

And I also disagree; I have lived in a studio before.

But in this context -- owning a 4 bedroom house yet deciding to rent out the remaining rooms to live in one of the bedrooms -- it is indeed extreme frugality.

> Yes you would. If your financial goal was to have enough money to put food on your table, you'd care less where that table was located.

So you think that there are people out there who own a 4 bedroom house and have a 7 figure (?) household income and yet struggle to put food on the table??

Or do you just have trouble sticking to context?

To be fair you wrote "never", not "within this context".

I'll keep that to myself because I don't want to offend anyone and get downvoted, though a lot of it is drawn from what I was like when I dated someone like the author.

She only had to spend half of her post-China childhood in poverty before her mom started earning doctor money, but she still thought/behaved very much like the writer of this article. Though unlike the author, she hates her parents.

I see compulsive frugality as a boon in a capitalist society. Especially in the United States.

If you opt out of the growth is required mindset its perfectly possible there are other economic models which work just fine to live under despite the scary sounding descriptions.

The Japanese are committing suicide at higher rates than Americans[1], and a million of them have chosen to live as shut-ins rather than participate in society.[2] They're also not having children. Maybe that's your utopia but it sure isn't mine.

[1] https://en.wikipedia.org/wiki/Suicide_in_Japan [2] https://en.wikipedia.org/wiki/Hikikomori

Or amphetamines, which are very illegal in Japan.

I lived there for half a year when my wife was teaching english after college and I wouldn’t want to go back. The dirty looks I got, the salarymen sucking their teeth at me, the houses I was denied from renting, the list goes on and on.

And I look white and put together. God help you if you’re black or an ‘inferior’ darker asian.

This guy.

I left Japan because I felt that the fabric of Japanese society was unraveling. Maybe that’s a bit dramatic, but at a minimum, the “social contract” was changing dramatically, and it was debatable whether the change was good or not. My opinion was that it was not.

Note, however, that I was not in Tokyo. Tokyo and the rest of Japan are basically different worlds. I may have a different opinion if I lived and worked there.

Things that made me sad:

- People with good, stable jobs were hyperconservative with their money, as though a crash had just happened or was imminent. This has killed the velocity of money in the country, and it’s terrible for the economy. Simple example, a group I used to be a member of used to have four big enkai (basically a party) at roughly between $100 and $250 a head (sometimes with hotel/onsen stayovers) as well as second, third, and fourth stops at additional bars. For folks with lesser means, the folks with greater means would pick up their share of the extra bars. Now that same group meets once a year at about $50-$60 a head and there is a 1-2 drink second bar. Incomes of the participants is the same or better than before. Note that I am not advocating one over the other, just that it’s indicative of the drastic slowing of the velocity of money in the economy.

- Once-proud towns are becoming villages (legal distinctions) and are having to merge into other towns. This has squashed a lot of the furusato identity, imo.

- Houses in provincial areas, some of them extremely nice, are either abandoned or only used during obon and maybe new year celebrations.

- Top students from top 20 universities are not guaranteed really good jobs any more. Decent ones, sure, but great ones? No. They are feeding much lower down on the food chain now.

- Ways for non-salarymen to have a good social/financial living have decreased dramatically. Far fewer OLs (love or hate the idea of them, they were a great way for men and women of a similar social status to meet/date/get married). For folks with no college, opening a little bar or snack is nothing like it used to be. It’s still possible, but the number of enterprising folks who can open a small bar and reasonably expect to make salaryman level of income or better (it the past, it was often much better) is far smaller than it used to be.

- Degree credentialing has become a thing. I think this was sort of brought over from the US, but the implementation has been terrible. For reference, in my department (I was a professor), the worst students and future professors were the only folks who applied to grad school. The worst students did so because they couldn’t get a job, and a masters degree would help them the next time around. The department took them for the money.

- My close friend and real estate agent and real estate manager actively discouraged me from buying a house. She said it was a bad investment unless you had access to privileged deal flow (like she did) or were going to die on that land (probably not that house).

I could go on. Needless to say, I did not think that my future in non-Tokyo Japan was going to be like living in some sort of utopia. Far from it.

I now live in California. It has its problems, too, but i much prefer it to where I was in Japan. Maybe Tokyo is different, but I wasn’t willing to make that bet over California.

Note that I love Japan, and there are certain aspects I miss about living there, but “great feelings about the current and future social fabric” is not one of them.

I thought about buying one in 2011-12, but there was a good chance I was going to leave the area, so I did not buy.

On a personal level, I’m not so concerned about buying a house in general. If I ever buy one, it will be as an investment at a rock bottom price.

Additionally, where I live, you can rent a place for much less than you can buy it. The only recent time that this was not true was after the crash, and that was only for a brief period of time (4 years tops).