I’d be a horrible sugar daddy! No really. I’ve always been frugal, but the journey to FIRE really has made me worse. Can you imagine me as a sugar daddy? Yes, that was a trick question π
I’d be a horrible sugar daddy!
What’s a sugar daddy? According to the internet it’s generally an older male who seeks a relation with a younger woman, whom he provides “economic security”. In short, she get’s his credit card (or pile of cash) to keep her happy and buy shoes and stuff. The “sugar baby” is provided with luxury vacation, jewelry, fancy dinners, etc. Reading back this last sentence, perhaps I should change careersβ¦.. π
That being said, I’d be a horrible sugar daddy indeed. Here are some examples.
Going out to dinner
Me: shall we out to dinner?
Sugar baby: Oh yes, I’m starving!
Me: great, let’s check out McDonalds.
Sugar baby: What, are you crazy?
Me: no, they pay me juicy dividends! So it feels like I’m subsidising myself π

Buying Jewelry
Sugar baby: I want something shiny!
Me: go outside and enjoy the sun.
Sugar baby: no you silly, I want diamonds!
Me: goes online and checks out jewelry prices…β¦ mouth drops
Sugar baby: Oh I love that one (pointing at this)
Me: what? β¬31.339 for a ring? I’ll buy you a couple container loads of fake Chinese stuff instead. You can have one and I’ll sell the rest for a profit! You won’t be able to see the difference anyways π

Shoes
Sugar baby: Oh I would love some red shoes
Me: but you already have 158 pairs of shoes? Why do you need more?
Sugar baby: but these white ones don’t match with my dress!
Me: here is a red colour pencil, good luck!

Vacation
Sugar baby: Oh honey, I feel like I need a vacation!
Me: yeah, me too, tired of seeing you spent my hard earned money.
Sugar baby thinking this:

Me thinking this:

Available budget after sugar baby got her hands on my credit card:

How is your sugar daddy / mommy potential? Want to discuss? Come see me in Haarlem!
Well, you are DUTCH after all. π
JK man. With three really good Dutchy friends I know this is very much a bad stereotype. All three blow way too much money just like most Americans do.
I would be a poor sugar daddy too. But I’d occasionally let my guard down with some fervent spending.
Oh, I’m very Dutch! π
But glad to read I’m not the only one who would be a crappy sugar daddy π
You have an assumption that’s totally off: you think you’ll be speaking to her…. IRL these discussions won’t happen, this goes through your bankaccount after the fact. How on earth do you think she got those 158 pair of shoes ?!
hmm⦠got a point there Joost!
Tell me about it. I would be too. I don’t think I could spend that sort of money even if I had a ridiculous amount…. It’s just not who I am. Sorry ladies. But to be fair to my wife, she is frugal too. Works for me!
Pretty glad my wife is also very frugal, makes life so much easier! Never any discussions about expenses.
I actually spend money on my wife way more easily than anything else. This might actually be my kryptonite!
I even buy her expensive jewelry while sheβs not asking for them
Iβm weak.
She is probably very happy with you π