Been doing that for 8 years. Not to that extreme but the $ savings are substantial. And surprise, I don’t miss not spending on yet more clutter and excess clothing.
Well, if a “regular person” (instead of a NY liberal writer) tried that, they would
(1) starve to death in the darkness, cold, and thirst of multiple medical emergencies and trauma’s
or
(2) use up nearby charitable funds and efforts that should have gone to the truly needy.
I tried this but lost interest after the utilities were shut off and getting evicted. It lost its charm somehow.
No food, no clothes, no toilet paper?
I hope she stockpiled plenty of deodorant and toilet paper before she stopped spending.
I spend next to nothing on non essentials. My bride on the other hand.......
“You can’t take it with you”.
My philosophy.
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.
Ridiculous and stupid. Also, impossible. Food, water, lodging, heat, gasoline, medical expenses, hygienic supplies. Unless someone else paid for them.
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!
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.
Wouldn’t she starve?
What is she going to save the money for...to give it to her kids to spend? Life is a balance. It’s very important to save, especially for retirement, but don’t forget to live a bit.
What did she eat?
Spending money on only essentials is not stopping spending mkenymfor a whole year.k its what i have been doing since ohole came into office. The tagline aint just for show.
This is very encouraging .. because I plan to do this .. in only a very slight alteration - I’m writing a book which will require ink .. otherwise, I’ve already cut my food budget in half - and I’ve actually lose a few unwanted pounds.
Money is just a tool. Use it but dont let it use you. Just try to have income revenues exceed outgoing expenses and stay out of debt. Buy what is needed and a little of what is wanted too by following the above and dont worry.