Posted on 08/16/2010 9:15:33 AM PDT by CSM
Live like no one else so that you can LIVE like no one else.
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If you would like to be added to the Live like no one else, so that you can LIVE like no one else list, feel free to Freepmail me.
The key here is BALANCE.
Yes, we can live REASONABLY well and save bundles for retirement. The trick is to be WISE about it.
Just like the saying ‘choose your battles’, it’s about ‘choosing your extravagances’.
I’m all for cutting expenses and my wife and I have done a great job of it.
But the 800lb gorilla in our life is taxes and there isn’t much we can do about them unfortunately.
When I think about how well we could be living if it wasn’t for the enormous burden of taxation - most of which is wasted on graft, corruption, fraud and incompetence - well, I just don’t think about it. Makes me so angry.
Add me to the list please! Anybody have any frugal tips today?
Sure. Then the government says “you have too much money. pay your own way. when you die we’ll take half. and go to hell”
The economy is collapsing around us.
Spend like there is no tomorrow. Run up your credit cards to the max, then get more credit cards and repeat.
Should the economy somehow not collapse, stand in line for some OBAMA MONEY!!!$$$
My brother in law is extremely wealthy. We were on the patio yesterday discussing where he parks one of his smaller airplanes and he was talking up saving 10 bucks a day on storage.
I have said, ever since I sold Fuller Brush door to door in the early 70’s to both poor and rich neighborhoods and watched their spending habits regarding my product, “The difference between the rich and the poor is the rich know that money slips through your fingers one dollar at a time.”
Finally convinced hubby last month to get rid of satellite TV—never thought it would happen!
I don't know if this is a frugal tip, but once you pay off your car, continue to make car payments to a savings account. This way you may buy your next car in CASH!
If the car you paid off does not make it until you have enough for another one, you will have bargaining power and a lesser car payment. And, we follow what Dave says - No Fleeces and No new cars (they are holes in the road for money).
>>Just like the saying choose your battles, its about choosing your extravagances.<<
So true. I used to cringe when I went out with my wife and daughters for food and drinks, etc. Then one day it hit me: While the rest of the folks I work with spend ~$10 a day on lunches, and more on latte’s etc., I bring my lunch every day and enjoy it. Then, every month or two when I drop $150 to %200 on food and drinks at a restaurant for the whole family I’ve actually spent LESS money in that same time period.
And I actually ENJOYED it.
moneysavingmom.com
If you have too much, it owns you, you don't own it.
I have been debt free (’cept for the house, which is paid for now) for years - luckily I was able to marry a woman who thinks the same way.
I don't care about the Jones - I do are about my family. Maybe Thoreau was right on some of things he wrote about.
Just for you, the Lee handloading press. Less than $50.
IOW Obama and the Clintons have won. They have pushed americans into accepting living with less.
Atlas Shruggs again.
Another good option is to be a politician and learn to enjoy taking other people’s money.
Another way to look at it is, we are purposely NOT contributing to some economic recovery for which 0bama will take credit.
>>Add me to the list please! Anybody have any frugal tips today?<<
Buy costco columbian coffee in the can and make your own before you drive to work. $3 or so every day to get a starbucks works out to $60 a month. A can of coffee is $7 and lasts months.
I tried hypermileage with my manual transmission Scion xB. It’s a bit of work (you have to be thinking) but I turn off the ignition and coast down hills, always aware of how much vacuum I have available in my power brakes, and start it up on compression when the speed drops to a certain levels. It gets me almost four extra miles per gallon.
We moved to a smaller home and saved approximately $1,000 a month. It actually hurt, but that is a LOT of after tax money.
A big one: Analyze the cost of both partners working. It will surprise you sometimes to learn that the second income is actually COSTING you money, or netting you so little it isn’t worth it.
I’m looking forward to seeing others ideas here.
I worked with a guy that had excess of 1 million when he retired. Also has a great pension and medical retirement benefits. He died six months after retirement.
There is saving and then there is Saving. I could do without some purchases but there are many things that I paid for that are priceless. Last I checked the average age for a male to live is still 75. I have to work to at least age 67 probably will have to work to age 75 once Obama is done spending.
Most likely the bulk of my retirement will be split between my kids and the government.
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