Financial Schadenfreude

The merriam-webster dictionary defines Schadenfreude as a feeling of enjoyment Financial Schadenfreude Messy Moneythat comes from seeing or hearing about the troubles of other people.

A Rant and Financial Schadenfreude

Back in June I mentioned that I have watched a Schadenfreude inducing episode unfold in front of my eyes.  A couple I know is on the fast track to financial disaster and to be honest it could not happen to a nicer bigger bunch of arrogant, know it all *@#$%&!!! I believe that in 24-36 months they will be bankrupt.  They will not be struggling  or stretched or negotiating consolidation loans but completely insolvent.

Why?  This is happening in a grand show of one-upmanship, keeping up with the Jones and perpetuating an illusion.  Their ultimate financial collapse will not be the result of hardship or misfortune or bad luck but will be of their own making.

I understand that people experience financial calamities due to forces outside their control – job loss, illness, death in family, fraud – and I empathize with those situations but this is different.

Why do I care?

Good question.  Besides the fact that I am forced to interact with these people due to obligation, it is difficult to watch people having a smashing time, enjoying everything life has to offer, buy now and pay later.  Meanwhile, here I sit counting my pennies (something they sneer at by the way), saving for a rainy day and honoring my commitments.

I fear that they will simply walk away.  Yep, throw up their hands and say, “Oops!  My bad.”  They will get the keep the designer sunglasses and airline ticket stubs and not pay for it.  Who will pay for it?  You will pay for it and I will pay for it, that’s who.  It is not exactly fair.

So, when the great financial cataclysm will it be a case of Schadenfreude?  Will I be happy or amused and saying, “I told you so.”

I hope not but to be honest I am not sure if I am above it.

Thank you for reading.  I will try to remember to post an update once the train derails.

Featured at :Friday Jet Fuel #7 @Money Propeller

13 Comments


  1. I don’t know if I want to see other people’s finances completely collapse. Declaring bankruptcy hurts more than just them, other tax payers have to pick up some of the slack… But there are a few people in my life that I wouldn’t mind seeing working when they are in their 70’s wondering what the hell they were thinking when they were younger.
    Zee @ Work To Not Work recently posted…New Game: Live like you’re UnemployedMy Profile

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    1. Agree, especially if there are innocents/youngins/dependants involved. Still hard to watch some blow up their bank accounts without true consequences. Thanks visiting.

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  2. Maybe in a bit of anti-Schadenfreude (if that’s even a thing), I wanted to let you know that we’ve nominated you for the Liebster Award! I’ve been lurking in the shadows on your blog recently without commenting much, but I think you deserve some recognition for all that you’re sharing here. 🙂

    Best wishes!
    Al | Saving the Crumbs recently posted…We’re Nominated for the Liebster Award!My Profile

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    1. OH MY GOSH! Thank you so much. I am flattered! I love your site (and your unreal grocery spending – I’ve got a few things I need to learn from you.) Wow that made my day – I will have to come by and see what is is all about.

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  3. Oi. I know exactly what you mean, though. I am judgey mcjudgey when I can see people headed for disaster who dont’ want to do anything about it.
    Also, watching Til Debt Do Us Part always makes me feel good about life, haha.
    I hope they don’t get to keep all of that stuff and stick society with the bill for it 🙁
    Anne @ Money Propeller recently posted…Jet Setter Interview – Abigail of I Pick Up PenniesMy Profile

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    1. Til Debt Do Us Part – Love it! Gail VO makes the show – wish she would do more TV. Bit of Schadenfreude TV. (also true with the Hoarders shows – for me anyway.) Thanks for coming by.

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  4. I completely understand your point of view. It seems to be human nature to want to live above our means, but it’s also human nature to resent those who take that shortcut rather than doing the hard work of living on a budget and being responsible. There are a couple of people I know who live beyond their means, taking advantage of others along the way in order to sustain their lifestyle. I have tried to offer them financial advice to take control of their situations, but they are not interested. If I am being honest, I do feel a bit resentful, and I might feel some sense of satisfaction at their inevitable downfalls. It’s a challenge to keep the focus on your own finances in these situations, but that’s really the best thing to do. In any case, don’t beat yourself up for being human.
    Gary @ Super Saving Tips recently posted…Restaurant savings: 11 ways to dine out and saveMy Profile

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    1. It is funny how people really don’t want unsolicited financial advice or to hear anything contrary to what they are doing. I need to look into that more. Thanks for visiting.

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  5. The way certain German sounds come together make me envious of a few of my colleagues when they’re speaking to each other. Sadly, sometimes train wrecks happen and people are completely unaware they can avoid them.
    Alicia recently posted…Gaming the Demise of the Penny.My Profile

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    1. I studied German for a year and loved it. I have forgotten most of it but I remember enough to try and impress people with random German that probably does not make any sense.

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    1. It will be interesting to see what unfolds. I feel like a driver on the highway trying really hard not to look at the accident on the side of the road and just keep driving…… Thanks

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