For nearly a year, I put off joining Foursquare. It wasn’t due to privacy concerns or the usual “it’s a fad” reasons.

My reason was more about personal values. (Boy, that sounded preachy.) My concern about Foursquare is that it’s a pissing contest of conspicuous consumption. I have been on Foursquare for a while now, and my opinion is largely unchanged.

The problem with Foursquare is that most places that people check in require money. For privacy reasons, checking in at private residences is not very wise. Therefore, whether it’s the Mexican restaurant down the street, a cool bar downtown, Starbucks, the movie theater or your local grocery store, earning points and mayorships requires people to spend, spend, spend. Sure, there are free places to check in–one of my regular stops is a local dog park–but these are the exception more than the rule.

Foursquare rewards people who spend a lot of money on food and drink. I have friends who eat out 10 times per week, and I don’t begrudge them that. (Some people can afford thing that I can’t, I get it. Some people choose to spend on X, while I choose to spend on Y. I get it.) However, in a time when consumer debt is dangerously high, a medium that rewards such spending habits seems a bit backward.

Foursquare is the digital version of keeping up with the Joneses.

While this might sound like an inconsequential, self-righteous rant, it may present a real growth limit for Foursquare, especially in this economy. As we collectively lean back toward frugality and responsible spending, Foursquare pushes aside those who bring their lunch to work, choose Redbox over a $10 movie ticket and invite friends over instead of meeting them out.

I have actually gone places just to be able to check in there. Can anyone releate?

My problem is not with people who choose to eat out 10 times per week. It is that Foursquare tells people that it’s not OK to only eat out once a week. I don’t want to feel embarrassed or inferior for eating a turkey and cheese sandwich every day.

What do you think? Does Foursquare encourage spending and punish frugality, or am I completely off base?