Hey guys, I have been wanting to ask a question and hope to get some advice whether I'm overly frugal.
I make about 400k per year and I'm 32 years old.
I used to have a car for about 2 years but find it a hassle to maintain and with the growing oil prices, I decided to scrap the car. I feel a lot more free ever since getting rid of my car.
I work from home pretty much since covid.
I stay with my parents in a
hdb and don't really have a desire to own a house. And yes, I don't have a house.
Am I too frugal with my money? I spend about 100k a year and save about 300k a year. I mainly spend on food and maybe buy some gadgets here and there.
The reason I'm asking is because I know of people who earn lesser than I do, but they will buy a private property, buy branded bags and expensive cars. In which I have no desire of. My only desire is to work. I feel a little strange because I hardly meet folks earning at my range or more being so frugal.