It is a question I asked myself the other day, especially with having Ruby!
It is true, that in some ways, we don’t need to be as frugal as we once did, when DB had retired and I had to give up work due to illness. We lived on the same amount of pension money for 5 years before he started to get annual increases. That is why we wrote our war diary.
Now, we live on his work and government pensions, both of which are not huge, amounting to a lot less than most people might envisage. I am still a few years away from my pension due to the government shifting their goal posts. This messed up our plans, resulting in our own goal posts being kicked into touch!
We menu plan and try to keep our food/toiletries bill to less than £40 each week. Any money left over from this pot, at the end of the month, goes into savings. Those along with monthly savings from being careful, allowed us to save up for Ruby, pay pet insurance and for training. Her food comes from these same savings as does a holiday, if we take one. Holidays are not expected but considered a treat.
We shop around as each utility comes up for annual renewal. We are careful with electricity, water and spending willy nilly which results in money being frittered away.
We both believe those extra frugal years reset our financial mind set and in our eyes, that is no bad thing.