Languish.org

General Category => Off the Record => Topic started by: Josquius on September 06, 2021, 03:05:24 PM

Poll
Question: Where do you most fall on the dichotomy?
Option 1: Conspicuous consumption votes: 4
Option 2: Conspicuous savings votes: 7
Option 3: Prawn cocktail votes: 4
Title: Conspicuous consumption vs conspicuous savings
Post by: Josquius on September 06, 2021, 03:05:24 PM
As I was in lidl today I got to thinking and came up with a basic theory to help in describing the world.

There are basically two types of people.
Those who indulge in conspicuous consumption. Who even when poor want to make it seem like they are spending more than they really are...
Then there are conspicuous savers. Those who even if mega rich would delight in finding a two for one offer on steaks and making a saving.

I am coming around to thinking this is a fundamental divide in the UK today, possibly elsewhere too. But I won't go into it too much lest I make your mind up for you and influence you to one option over the other more than I already have.
So choose. It's a binary damn it. Visible spending or visible saving?
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: Sheilbh on September 06, 2021, 03:12:28 PM
Strong disagree here. I am very much someone caught in an endless cycle of inconspicuous consumption.

I don't spend to show anyone want I'm spending I just have zero self control so find my costs always expand to match my income (this is why I don't have a flat or a deposit). It's not because I'm buying anything flash or going out more - it's more things like being in a bookshop and deciding to buy three books instead of one, or grabbing a takeaway too often because I just can't be arsed, or letting that gym subscription linger because I really do mean (need) to go etc.

None of it's for anyone else or something I'm proud of, I'm just very bad at having even a minimum of self-control - and that also goes for sweet treats or grabbing a coffee :ph34r:

Edit: And the same goes with time actually - especially with books/content I have far, far more than I can meaningfully consume. Not least because like intending to eat well and then deciding to just order a takeaway I also intend to do something good with my time and just piss it away :lol: :weep: :ph34r:
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: Razgovory on September 06, 2021, 03:12:47 PM
I'm neither.  I don't buy stuff so I can impress other people (that would involve talking to more people) and I don't care much about money either (depression is like that).  The biggest sum I ever had was 6k from my dad's insurance.  I ended up just giving it to my mom.
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: Admiral Yi on September 06, 2021, 03:14:29 PM
Closer to the second than the first I guess.
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: Tonitrus on September 06, 2021, 04:14:16 PM
Closer to saver, with exceptions.

I don't spend much on clothes...having an obligatory uniform for work helps...but from my civilian wardrobe, my fashion-sense is non-existant and very low-budget.  Except socks...good quality socks are well worth the cost. 

But I will, on occasion, splurge on some high-end gadget/technology-thingie.  :sleep:
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: The Brain on September 06, 2021, 04:36:54 PM
Money ain't got no spenders, only savers.
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: Eddie Teach on September 06, 2021, 04:38:51 PM
Both options assume a disposable income.
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: Caliga on September 06, 2021, 06:51:32 PM
No matter how much money I have, I feel like it's never enough and I need more. :Embarrass:
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: DGuller on September 06, 2021, 07:07:36 PM
If I had to pick one or the other to describe myself, I would say that I'm somewhat more into conspicuous savings than I am into conspicuous consumption.  I do underspend relative to what I make, but at the same time I do often waste money just to avoid dealing with a hassle.
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: Richard Hakluyt on September 07, 2021, 12:12:30 AM
More on the savings side though it is not really very straightforward. I do use lidl and aldi for example; but when it comes to wine I buy that at a posh place (it is simply better) and get meat from local sources (again expensive but good). The search for grocery bargains leads to quite a lot of walking which is an important and deliberate part of the system.
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: Admiral Yi on September 07, 2021, 02:05:58 AM
To formalize what others have touched on, what do you overspend on?

I over tip.  That's about all.  Well, I do buy Grey Poupon mustard.  :D
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: Syt on September 07, 2021, 02:21:13 AM
I'm there with Sheilbh, though I have gotten better over the years. Impulse buying of books/games is my major weakness, but it's gotten a bit better.

I'm not overly penny pinching in my regular expenses, though I probably could squeeze some money out of it. And some products I buy for quality (shoes, backpack etc.), but not to show off. I'm more likely to buy clothes from C&A than I am to buy a Tommy Hilfiger jacket.
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: crazy canuck on September 07, 2021, 12:36:45 PM
Quote from: Richard Hakluyt on September 07, 2021, 12:12:30 AM
More on the savings side though it is not really very straightforward. I do use lidl and aldi for example; but when it comes to wine I buy that at a posh place (it is simply better) and get meat from local sources (again expensive but good). The search for grocery bargains leads to quite a lot of walking which is an important and deliberate part of the system.

I buy good wine, local meat and produce too.  But that is about as far as my spending goes.  But I also do not go out of my way to get a bargain.  I don't really fit into either category.
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: Jacob on September 07, 2021, 01:04:44 PM
I don't know if I buy the dichotomy... my consumption choices are not really driven by considerations of conspicuousness. There are some things and areas where I go for fancy/ expensive/ the-sense-of-luxury and others where I'm habitually cheap... and I think the areas are somewhat idiosyncratic, rather than governed by any sense of philosophy. But maybe it's there....

However, in both scenarios I tend to prefer keeping it my business rather than flaunting it. If I spend a bunch of money, it's mostly to enjoy it not to have other people look at me and go "ooh, how fancy"; and conversely, if I save money it's not something I particularly care to make a big deal of.

That said, I guess I do come down more on the side of "don't flaunt your good fortune" and "I'm not ashamed of making do with little" rather than the reverse, which I guess could sort of be applied to the question.
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: garbon on September 07, 2021, 01:56:45 PM
Quote from: Jacob on September 07, 2021, 01:04:44 PM
I don't know if I buy the dichotomy... my consumption choices are not really driven by considerations of conspicuousness. There are some things and areas where I go for fancy/ expensive/ the-sense-of-luxury and others where I'm habitually cheap... and I think the areas are somewhat idiosyncratic, rather than governed by any sense of philosophy. But maybe it's there....

However, in both scenarios I tend to prefer keeping it my business rather than flaunting it. If I spend a bunch of money, it's mostly to enjoy it not to have other people look at me and go "ooh, how fancy"; and conversely, if I save money it's not something I particularly care to make a big deal of.

That said, I guess I do come down more on the side of "don't flaunt your good fortune" and "I'm not ashamed of making do with little" rather than the reverse, which I guess could sort of be applied to the question.

Same for me all around. :hug:
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: Sheilbh on September 07, 2021, 02:00:50 PM
Quote from: Syt on September 07, 2021, 02:21:13 AM
I'm there with Sheilbh, though I have gotten better over the years. Impulse buying of books/games is my major weakness, but it's gotten a bit better.

I'm not overly penny pinching in my regular expenses, though I probably could squeeze some money out of it. And some products I buy for quality (shoes, backpack etc.), but not to show off. I'm more likely to buy clothes from C&A than I am to buy a Tommy Hilfiger jacket.
Yeah - so I am very much a believer in that, I think Terry Pratchett, theory about spending more on shoes when you're poor because you can't afford good ones. I spend money on shoes, coats etc but am otherwise fairly cheap/lazy with clothes.

My day-to-day rucksack actually only cost £50-60 - but I got it in Georgia from a fancy leather shop and I love it. Made of really hard wearing canvas and proper leather. Had it for about 5 years and basically looks unchanged from when I bought it :wub:
Title: Re: Conspicuous consumption vs conspicuous savings
Post by: mongers on September 07, 2021, 02:43:37 PM
I'm gonna agree with Jacob and Shelf here and say it's a dichotomy not really applicable to me.

But the sort of personality types that are into boasting about conspicuous consumption aren't likely the sort of people who'll want to post on antique forum/social media concept like Languish anyway.
So a lot of those characters will be posting on the likes of Facebook, Instagram etc.