Posted on 01/10/2017 4:01:14 PM PST by nickcarraway
A woman has saved tens of thousands of dollars after she vowed to buy nothing for a whole year.
It may sound extreme, but caught up in a consumerist society, Michelle McGagh thought it would change her relationship with money forever.
The personal financial journalist became a minimalist, and stopped cluttering her house with possessions and making unnecessary purchases. Now she is about $27,000 better off for it.
(Excerpt) Read more at nypost.com ...
A flat white is my favorite fancy coffee
Finely foamed milk over expresso
More like a cappuccino but higher coffee to dairy ratio
I drink 5am home ground Joe at 830-9 in a magnum cup when I get up and mix with eagle brand and heat to boiling so it films on top and take to bath whee I answer all correspondence in tub to start day
My wife is early bird to get kids on bus and her private time then I get up when she heads to yoga four days a week
At night or out I drink black coffee or expresso
I’ve got a Nespresso machine I love but it’s been idle past three months
In my family it’s a 150/month bill when it’s humming
Rolex like the watch
Rollo is slang
We'd already be in the hole before getting to the food and toiletries.
Did she purchase electricity for lights? Food? Water? Sewage disposal? Clothes or coats? Telephone service?
I retired 2 years ago with a modest pension.
Amazing what I can do without, and what I can make do with.
Have not pulled a penny out of savings and that feels very good.
Mine too. I’ve already told daughter I’m going to try and spend it all. I hope the only thing left is the house. Lol
Ridiculous and stupid. Also, impossible. Food, water, lodging, heat, gasoline, medical expenses, hygienic supplies. Unless someone else paid for them.
Me too. Saving about 100k per year for the past 10 years. Living off my AF retired pay and saving all my pay from the current job. No debt.
She’s from London.
Used bicycle instead of car in metro London - made mention of how hard that was during the winter months. Also informed family and friends not to gift her for Christmas, for the sake of this effort.
In short, she swore off merchandising and opted for a simpler lifestyle. McGagh wrote in the Telegraph she began doing different activities to keep her social life and “fostered a new appreciation of sitting in the park in the sunshine with a homemade, in budget, picnic of falafel salad.” Ending results after a year? Closer marriage, more mortgage paid off and money is not needed for happiness! Sounds like she could exchange ideas with Dave Ramsey!
My political & philosophical spin on this? LEFTISM is about being victims needing the Elites to lead SOCIETY to a utopia. Conservative / Libertarian is to empower the individual with knowledge and freedom of choice. The former is imprisoning, the latter is empowering! Ms McGagh, YOU GO GIRL!
Did she purchase electricity for lights? Food? Water? Sewage disposal? Clothes or coats? Telephone service?
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Click and read the article. It’s all explained in it.
Sorry, never heard of it. The candy is cheaper.
It looks like she could spend a little to make a sandwich.
Well, hopefully not too many follow her lead. The economy needs spenders! Having said that, I’m not one of them lol. I drive by all these malls and stores and I wonder how the heck they stay in business.
What she’s doing now sounds like what our budget has been for as long as I can remember. We splurged a little bit this month and adopted a couple of birds because broken hearts needed some healing. So thankful for a little GC win recently.
Why waste time reading it when you know the title is bogus?
Wouldn’t she starve?
Being frugal isn’t a crazy experiment for some of us, it’s a necessary way of life.
Okay, you were funny there.
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