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The psychology of a miser: Poor potty training blamed

Health & Science
 To the natural miser, the ideal situation is no money is spent. [iStock]

How is it that some people can spend money without a care in the world while others feel pained at buying themselves a pair of cheap socks? Others make concoctions or buy over the counter medicines for fear of expenses that would come with visiting hospitals.

Many Kenyans, according to the National Hospital Insurance Fund (NHIF), are forced to pay backdated Sh500 monthly premiums after detention over bills becomes imminent. Yet, some are brought to the hospital in their own vehicles for which they have no problem paying annual insurance.

Well, there is a whole psychology to it, would you believe it? Those reluctant to spend, sometimes to a point of forgoing even basic comforts and necessities to save money are labelled misers: the landlord who repairs sewers instead of hiring plumbers, the food kiosk owner who faints due to hunger.

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