Frugality taken too far?

Discussion in 'Investment Strategy' started by John_S, 11th Oct, 2018.

Join Australia's most dynamic and respected property investment community
  1. Harry30

    Harry30 Well-Known Member

    Joined:
    4th Aug, 2017
    Posts:
    621
    Location:
    Melbourne
    You are not trying hard enough. Ever tried ‘dumpster diving’.
     
    The Y-man likes this.
  2. Handyandy

    Handyandy Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    264
    Location:
    Sutherland
    Stand well back when you open it just in case it is off. A 50/50 chance that it expired a month or 2 ago. lol
     
  3. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    3,771
    Location:
    Melbourne
    Just ate some (boiling off the bone for soup, freezing cut up bits) ~ has been several hours - no bad effects yet :D Gotta say, with that much salt, nitries, nitrates and other preservatives in it, it probably stays "edible" out of the fridge for months.... :oops:

    The Y-man
     
    Handyandy likes this.
  4. TMNT

    TMNT Well-Known Member

    Joined:
    23rd Jul, 2015
    Posts:
    3,376
    Location:
    Melbourne
    If you were a Muslim that would impress me more :)
     
  5. TMNT

    TMNT Well-Known Member

    Joined:
    23rd Jul, 2015
    Posts:
    3,376
    Location:
    Melbourne
    I dont know if this called frugality, but i generally buy more of everything for a better price, and sometimes it backfires when food expires

    however, I always taste it and if its fine, I consume it regardless of how expired it is

    never been sick from it

    my record is 18 days over due milk
     
    conork likes this.
  6. Eric Wu

    Eric Wu Mortgage Broker Business Plus Member

    Joined:
    18th Jun, 2015
    Posts:
    1,472
    Location:
    Australia
    That was seriously frugal

    Was the milk still in liquid formation?
     
  7. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

    Joined:
    18th Jun, 2015
    Posts:
    19,748
    Location:
    Remote
    Lol. It has turned to cottage cheese by then probably
     
  8. Harry30

    Harry30 Well-Known Member

    Joined:
    4th Aug, 2017
    Posts:
    621
    Location:
    Melbourne
    I lived in a share house many years ago. There were 5 in the house, and we shared each other’s food in the fridge. Only realised some time later that one of the people in house didn’t buy his food, but got it from ‘dumpster diving’. Unbeknown to me, I had been eating a lot of food pulled out of a supermarket dumpster. Suffered no ill affects.
     
    Terry_w likes this.
  9. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    3,771
    Location:
    Melbourne
    eeewww...... no that's called "testing the limits".....

    We always find ways of preserving (and ironically probably costs us heaps more!) ~ usually freezing (for meat, bread, any form of carbs) but we also:

    Ferment - fermentation actually preserves by creating an environment not suitable for bad bacteria. For instance, with milk, we have live kefir culture. It's interesting how the supermarket charges $6 for a liter of kefir, we just throw the culture into milk ($2.20 for organic full cream). Once the culture is in there and develops, the kefir can last well over a month. Also make sauerkraut and salted lemon when the respective contents are abundant/on special.

    Dehydration - was a great idea, and we have a you-beaut-super-expensive excalibur to prove how keen we were. It all happened when we picked up a huge sack of apples on super special (as you do).... some things we discovered:
    1. it takes a LOT of time to core and slice apples
    2. it takes a lot of electricity to dehydrate apples using a dehydrator....

    The Y-man
     
  10. Gockie

    Gockie Problem solver Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    9,800
    Location:
    Sydney
    So... lesson is... if you get so many apples at a great price its better to share the fresh apples with neighbours!
    There's a good chance you'll get back your generosity in abundance.
     
  11. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    3,771
    Location:
    Melbourne
    Actually the dried apples made tremendous gifts! :) People really appreciated it. It also makes relatively unpopular apples like granny smith taste great.

    The Y-man
     
    Gockie likes this.
  12. TMNT

    TMNT Well-Known Member

    Joined:
    23rd Jul, 2015
    Posts:
    3,376
    Location:
    Melbourne
    honestly, it was completely normal, tasted normal, no soldification, no smell,

    I believe that food just doesnt go off on the use by date, such as milk,

    sometimes milk for me goes off a few days before, but mostly a few days after,
    so for me Ido the smell test,

    I have had milk that was virtually off when I bought it from the supermarket and wasnt due to expire for a week!
     
    Eric Wu likes this.
  13. Terry_w

    Terry_w Mortgage broker licenced 4 tax/legal advice Business Member

    Joined:
    18th Jun, 2015
    Posts:
    19,748
    Location:
    Remote
    John_S likes this.
  14. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

    Joined:
    14th Jun, 2015
    Posts:
    4,632
    Location:
    Gold Coast
    Terry_w likes this.
  15. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    3,771
    Location:
    Melbourne
  16. Indifference

    Indifference Well-Known Member

    Joined:
    30th Jul, 2015
    Posts:
    658
    Location:
    Banana Republic
    Plenty of people live in caravans.... they're justing doing it on the water....

    I guess it's a great lifestyle choice if that's what floats your boat. As a purely financial decision it would be rather extreme.
     
    The Y-man likes this.
  17. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    3,771
    Location:
    Melbourne
    Brilliant! :D

    The Y-man
     
  18. The Y-man

    The Y-man Moderator Staff Member

    Joined:
    18th Jun, 2015
    Posts:
    3,771
    Location:
    Melbourne
  19. Harry30

    Harry30 Well-Known Member

    Joined:
    4th Aug, 2017
    Posts:
    621
    Location:
    Melbourne
    Of course, if you can buy a PPOR and just pay off the loan, that really becomes the cheapest form of living. Pay the council rates (average $120/month), that’s it. Put a tank in for water. Power can be provided yourself quite easily. Do the maintenance yourself as long as you have a few tools.
     
    Terry_w likes this.
  20. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    13,049
    Location:
    Sydney or NSW or Australia
    I was in Wandiligong a few weeks back, apples and chestnuts at $3/kg at the farm gate (actually, a big coolroom with retail).

    There's a cider brewery attached (hmm, those apples were extra special)
     
    The Y-man likes this.