Ep. 62: Being Frugal: Good Self-Care or Too Emotionally Expensive?

Frugality can be a blessing or a curse. It can provide for you practically and prepare you for rough times. But it may also cost you emotionally. It can leave you stingy, obsessed, and austere. Knowing whether it’s helpful or harmful for you requires that you know your own tendencies; Too withholding? Too indulgent? If you want to sort this out, it also helps to know your motivations. This isn’t just about a bottom line. Depending on why you are being frugal, it can work for or against you. In this episode we’ll listen in on an imagined therapy session with Franklin, whose frugality is causing conflict in his family and within himself. We will also explore the pros and cons of 4 different motivations for being frugal, and the scientific research about how money affects our well-being.