I just published a blog post about prioritization, and how important it is to identify what it is we really care about and what we don't.
I think many people probably fail in their frugality because they try to apply it across all aspects of life, then burn out quickly under the self-deprivation. A money management plan can only be sustainable if it allows us to loosen the reins somewhere.
So, excuse me if similar threads have appeared before (I didn't see any), but I'd like to ask- where do
you not pinch pennies?
I'll go first- one such area for me is basketball shoes. The thought of buying my ball shoes at a deep discount store gives me shudders, because after 1-2 hours running up and down the court, you'll realize exactly why they were only $20. Besides, we basketball players are often infatuated with stylish footwear.
