3min chapter

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Underconsumption Core 101

Frugal Friends Podcast

CHAPTER

Exploring the Nuances of Underconsumption vs. Performative Poverty

This chapter delves into underconsumption's impact on personal finance and identity, contrasting genuine simplicity with the performative poverty often exhibited by celebrities. It highlights the complexities of intentional living versus the ostentatious displays of wealth that disguise true privilege.

00:00
Speaker 2
I see long-term implications. I see that I'd be able to reach other financial goals sooner. I see that I have a greater understanding of who I am and I'm able to live into those things and I'm able to respond to my needs better because I'm not clouded by all of this other information.
Speaker 1
underconsumption core, saying that some of it is just normal living and that people who are saying that this type of living is core, like underconsumption core, are kind of in privilege. Yeah. So I think there's definitely both sides to it, right? You know, you've got the Olsen twins carrying around. They're famous for carrying around these high-end bags that they've been carrying for, you know, over a decade that are kind of, they get dirty and they, you can tell they get them cleaned because of the paparazzi photos. Like, this is the same bag just over and over for, you know, 10 plus years. But sometimes it's not cleaned and it's seen as like this Jill, you wrote this on the on the outline, the the cosplay of poverty. Well, that's
Speaker 2
what the Olsen twins I know this article highlights, you know, just like the Olsen twins who wore out their luxury handbags. But that was previously pushed against because there has also been this trend amongst uber wealthy celebrities of cosplay poverty and the like high peasant look where these very wealthy people in an effort to try to connect with their followers and other consumers are looking as if they don't have a lot of money, like giving the impression and idea that they can't afford a certain lifestyle, trying to, I guess, make themselves seem a little bit more relatable, even though they're not like it's this, there, there's been this pushback on that tension. So I think that this can highlight that, but I don't think that that's what true underconsumption is, is like a putting on of something. And I think the pushback of isn't that just normal living may be, but at least we've got people who are showing that as a regular lifestyle, rather than the alternative of the fancy cars, the 10 step skincare regimen, the super beautiful on trend clothing, the the home that is always updated with like crazy light fixtures.

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