Skip to main content

Crossing the Line: From Frugal and Fair to Tacky and Stingy

You have to read <a href="http://www.slate.com/id/2166765?nav=tap3">This week's dear prudence</a> to the end to get this question, but I totally agree here. In general, where there is a concern about how to split up a cost in a marriage, a common theme is to divide the costs proportionally to income. Similarly, there are other common schemes to avoid issues of splitting the costs of vacations and dates.

This question crosses into new territory when a divorced couple has to manage the costs of splitting up a week at the beach and letting their kids stay the whole time, plus one step child from one of the couples.

One of the two insists on a prorated schedule, but the other thinks that the first is being nitpicky. I had to include this because I feel like it is the absolute epitome of people crossing the line from frugal or fair into the realm of cheap and tacky. So here is my personal rant to this mother:

In this case, the step daughter is a friend of the other two children. I wouldn't dare to charge extra for this child just because of the fact that she is "not yours". Now if you were taking about 3 or 4 more kids, then it might be a different story. But two of the three kids there are yours.

Putting it another way, when it is your kids that are going to stay there, if they brought a friend, would you have the friend's parents pay for it when your whole family was going there? Of course not. The marginal cost is nothing except food. This means that this extra child really doesn't cost anything and you're just being tacky and stingy.

One common theme when it comes to money is you know you are crossing the line when your level of frugality puts people in an akward position despite having the money to avoid it. And if the position is awkward and inconveniences other people, then it is just above and beyond what is considered fair in my book. In this case, would you deny that kid a chance to be at the beach a few more days with her friends because of a pro-rated 40$ bucks or something like that? No, of course not. This is when frugality crosses the line.


If you really didn't have the money and needed it, that would be one thing. But that is not true here. And honestly, if you were "that close" to the edge on money, should you really be doing the vacation in the first place?

Comments

Popular posts from this blog

Do Better With Your Time

Recently, I've been extremely busy with some work commitments. The interesting thing for me is that this increased work activity has really helped crystallize some of my feelings with regard to time. And these ideas are a critical part about my view on personal finance. I'm curious to know if others feel similarly. Time is money. That is, Time, in some way, contains energy. Money, is also energy. In the act of working, I am able to compound and increase the amount of money that I have. I am exchanging my time and effort and thought which are components of my work, for the productivity that I produce. And this production gets me money from my employer. However, the first dollars that I make each day, week, or month are the most valuable. Then the ones that I make at the end are the most valuable. (Forget about taxes for a minute.) The reason is, the first ones help me have a place to live and food to eat. And the last ones are the ones that I can use to really improve my life lo...

Awkward Family Money Situations

I was about to write this as a comment, but its quite long and brings up a ton of issues so here goes. First, check out  <a href=" http://hereverycentcounts.blogspot.com/2007/06/money-and-etiquette-why-are-important.html ">this story at here every cent counts</a>. Now on to my response. I am just mortified by this story. I cannot even imagine that people with kids would expect someone in college to pay for their own dinner. I'm assuming that this is an aunt/uncle/great aunt/great uncle situation and that you are a young college student in late teens, early twenties with no full time job. All of my answers below are based on those assumptions. If that is the case, they should *splurge* the 20 bucks for dinner. They are an adult here and as much as I believe that you should be independent, while you are in college and struggling for money, you should be treated on an occasion like this. Big Question: How do your mom and/or dad and/or other immediate family ...

Suze Orman Goes Too Far!

I've been a fan of Suze Orman for years. When I first started working after graduating college and then I started to make some money, my experience with other members of my family, mostly my grandparents, showed me that I needed to figure this money thing out. So, I set out to understand how money works and I found Suze. Many financial gurus are out there and for the most part, much of the advice overlaps, but Suze really seemed to be right along my line of thinking.  I bought the books, watched the show, and despite the fact that I feel like I've largely outgrown it so long as I follow the lessons, I really wanted to check up on how things were going. I went to the CNBC website and found an interview where she said this: "I do really live within my means. I have absolutely no debt. If I don't have the money to write a check, then I can't afford it. I never, ever, ever spend old money, so I'm only allowed by my own standards to buy something new with new mone...