HaHa! I knew it had to be fate! Frugal lifestyle is partly genetic according to a university study by a marketing professor who conducted brain imaging to reveal that frugal people quite literally "feel" the pain of spending in a way that other people do not.
(A marketing expert? Of course! Maybe sponsored, maybe purely out of interest!)
Read the whole article
The source is Miller-Mccune Magazine, a very refreshing news source that I find balanced and fact based instead of short-attention-span and dumbed-down as much of other available media exhibits. They proport to use "current academic research with real-time reporting to address pressing social concerns". You can get the issues free via email (sign ups at the bottom of the Frugal Study article).
May 24th, 2011 at 08:05 pm 1306263941
May 24th, 2011 at 08:34 pm 1306265675
May 25th, 2011 at 03:01 pm 1306332109
Our families have money saving personalities, but also were greatly influenced by the depression, etc. I'd assume a little of both. Other personality types probably reacted differently to the depression and hard times.
Is this why I completely disconnect with people when they try to tell me spending money is essential to happiness??? Seriously though. Some conversations in the blogs and thread - I just don't relate at all. This study probably explains the vast psychological gap between someone who finds pleasure in spending and someone who feels pain!
May 25th, 2011 at 06:21 pm 1306344075