Are those stingy people executing this act being depressed?

[Starmix]

There is no direct link between stinginess and depression. While some people might exhibit stinginess as a symptom of another underlying issue, like anxiety or a post trauma, stinginess itself is not a cause of depression. Depression is a complex condition stemming from a variety of factors, including biological, psychological, and social elements. It is also important to avoid assumptions about someone's mental health based solely on their financial behavior.

 

[Shree]

Not necessarily. Stinginess can stem from various factors like upbringing, financial anxiety, or personality traits. While depression might lead to changes in spending behavior, being stingy alone isn't a direct sign of depression. Context and patterns matter for understanding the cause.

 

[Jayson]

Being somewhat stingy is just maintaining a budget, but some people go into overkill. In fact, they are goody two shoes, kill joys, politically correct, whatever you want to call it. They won't have even a mild vice for fear of spending money.