[beachstartup]

i completely disagree - he has a small but successful real estate business and has presumably close to or over $1M in assets. he definitely can afford a tax ride, an extra appetizer, or a flight somewhere without thinking about the implications of the cost. if not this guy, then who? do you have to be a billionaire before you can order an appetizer without guilt?

i'll describe the lifestyle you probably can't afford - $20k vacations, $500 dinners, $100k cars, and $1M houses. not appetizers and taxi rides. appetizers and taxi rides are normal things that normal people buy. even normal people who don't have a successful exit under their belt and don't have a successful new business as an investor.

this irrational overemphasis on frugality i always see on hn just seems like a different form of elitism / pedantry to me. since most of us have money, it's just a covert way of signaling an extra level of self-control and discipline (which are usually required to make money, but since so many of us make money, we've got to find novel ways to signal that extra status).

[smackfu]

OTOH, I agree that it is very easy to double your discretionary spending if you stop caring about "little things". And that can really add up over time. You spend $50 each day, that's $1500 a month, $18,000 a year. A decent salary can certainly support that level of spending, but not so much if you double it.

[incision]

>"this irrational overemphasis on frugality i always see on hn just seems like a different form of elitism / pedantry to me. since most of us have money, it's just a covert way of signaling an extra level of self-control and discipline (which are usually required to make money, but since so many of us make money, we've got to find novel ways to signal that extra status)."

I get this sense as well and think the signaling theory is a solid one.

I'm thinking this is a part what frequently turns me off of topic specific forums - people have a tendency to want to sort and differentiate themselves. The higher the baseline - whether it's income or knowledge - the more pedantic the self-sorting.

[memonkey]

I am honestly curious but is there a link or survey somewhere that says most HNers make/have money?

[jonnathanson]

There have been occasional polls, on topics such as salary, exit amounts, etc. People generally consider the results of these polls unreliable.