Underspending “is spending significantly less than the amount you could conservatively spend annually and still have a 99% chance of never running out of money” (The Evils of Underspending). According to Klontz and Klontz, “those who underspend may have plenty of savings. Yet they keep themselves emotionally poor by refusing to use and enjoy what they do have” (149). Underspenders are physically and emotionally unable to spend their money on themselves or anyone else. In some cases, people go so far as to hide money in the freezer, under the mattress, or buried in the backyard rather than trusting banks or government entities. This could be an underspender’s way of balancing a feeling of not being in control of their money. …show more content…
His experience with the underspending disorder is milder than some. He does take care of most of his physical needs. However, he does so with the least expense possible. For example, he goes to the doctors at the VA instead of the doctors of his choice. He also chooses to go to the dental school rather than a licensed dentist. He also refuses to spend much money on food. Everything he buys is either canned or fast food. If he must go to a more expensive restaurant, he complains about the pricing – even if he is not paying – and will order the least expensive item on the menu. McCollins refuses to buy anything new if he can help it – his lawnmower is older than his eldest grandchild and on its last