I was raised by frugal (cheap) parents. There was a lot of resentment as I got nothing the other kids got, had crappy second hand clothes, and got bullied because of it.
If my children I need something or really want it and the money (or credit) is there, I will usually buy it. I also wouldn't put my kids in a position of suffering so I can save a few pennies.
I feel extremely upset when I have to go without necessities. Of course, if I can find a sale, and I'm already there, I'll use it. But, I don't go out of my way to save pennies.
My husband has a habit of being "penny wise and pound foolish" meaning, he doesn't understand packaging and how buying certain things can actually save
money in the long run. Say, if he sees 30 sq feet of aluminum foil for $2.00 and 300 sq feet of aluminum foil for $3.00, he'll buy the 30 sq feet "because it's cheaper." Not understanding he'll have to buy more sooner and he's paying more per sq foot. He does this with a lot of stuff and it drives me crazy. I buy, say, toilet paper by the case. It saves
money, and we have it when we need it. He waits until we're out and buys a single roll or a four pack of cheap paper that gets used up in less than a day per roll.
Did I mention this drives me crazy? Also, getting him to spend money to prevent problems
is difficult. He'd rather spend MORE later to fix a problem than spend a little money NOW to prevent
He actually wastes money by these tactics and it drives me crazy