Comments on: Frugality is the fastest way to a better bottom line http://www.mightybargainhunter.com/2009/01/23/frugality-is-the-fastest-way-to-a-better-bottom-line/ Personal finance, commentary, and spending less the easy way Fri, 19 Mar 2010 14:24:44 -0400 http://wordpress.org/?v=2.8.6 hourly 1 By: Heather Mortgage Modification http://www.mightybargainhunter.com/2009/01/23/frugality-is-the-fastest-way-to-a-better-bottom-line/comment-page-1/#comment-188282 Heather Mortgage Modification Wed, 02 Sep 2009 16:45:14 +0000 http://www.mightybargainhunter.com/?p=1376#comment-188282 These are great points in your article. This is how I expain to my 7 year old if we save more money on not eating out and on clothes or toys we can take a vacation sooner. I pose the question all the time when she asks, "Would you rather us go to lunch at Panera Bread and spend $20 all the time or save the money and go to Disney World a lot faster". You can imagine what her response is all the time. My husband brings his lunch everyday to work and just buys soup at the cafeteria for $1.50, that is a huge reduction in our bills and needless to say it is healthier for him. These are great points in your article. This is how I expain to my 7 year old if we save more money on not eating out and on clothes or toys we can take a vacation sooner. I pose the question all the time when she asks, “Would you rather us go to lunch at Panera Bread and spend $20 all the time or save the money and go to Disney World a lot faster”. You can imagine what her response is all the time. My husband brings his lunch everyday to work and just buys soup at the cafeteria for $1.50, that is a huge reduction in our bills and needless to say it is healthier for him.

]]> By: David http://www.mightybargainhunter.com/2009/01/23/frugality-is-the-fastest-way-to-a-better-bottom-line/comment-page-1/#comment-169853 David Tue, 27 Jan 2009 18:16:01 +0000 http://www.mightybargainhunter.com/?p=1376#comment-169853 I think a good way to make sure that you make a good use of your time on frugality is to really focus on your top two spending areas. You'll still spend time on your other expenses, just not as much as on the top twos. And I agree with MBH that work meals are probably the easiest and most painless way to cut back on food spending. I swapped out subway (a cheap lunch at $6.31 a pop) for making my own, and saved about $20-$25 the first week. It's an easy sacrifice, because I don't mind cutting back on meals for myself. I think a good way to make sure that you make a good use of your time on frugality is to really focus on your top two spending areas.

You’ll still spend time on your other expenses, just not as much as on the top twos.

And I agree with MBH that work meals are probably the easiest and most painless way to cut back on food spending.

I swapped out subway (a cheap lunch at $6.31 a pop) for making my own, and saved about $20-$25 the first week.

It’s an easy sacrifice, because I don’t mind cutting back on meals for myself.

]]> By: Chris http://www.mightybargainhunter.com/2009/01/23/frugality-is-the-fastest-way-to-a-better-bottom-line/comment-page-1/#comment-169668 Chris Sat, 24 Jan 2009 14:47:38 +0000 http://www.mightybargainhunter.com/?p=1376#comment-169668 Frugality is about choosing when to live excessively and when not to. For the everyday things in life, why spend more than you have to? Being frugal in that way allows you to reallocate those savings for the special times and occasions. Frugality is about choosing when to live excessively and when not to. For the everyday things in life, why spend more than you have to? Being frugal in that way allows you to reallocate those savings for the special times and occasions.

]]> By: mbhunter http://www.mightybargainhunter.com/2009/01/23/frugality-is-the-fastest-way-to-a-better-bottom-line/comment-page-1/#comment-169633 mbhunter Sat, 24 Jan 2009 03:26:36 +0000 http://www.mightybargainhunter.com/?p=1376#comment-169633 Mark: That's true. Not that reading the Sunday paper is a waste of time, either. Mark: That’s true. Not that reading the Sunday paper is a waste of time, either.

]]> By: Jerry http://www.mightybargainhunter.com/2009/01/23/frugality-is-the-fastest-way-to-a-better-bottom-line/comment-page-1/#comment-169618 Jerry Fri, 23 Jan 2009 21:32:13 +0000 http://www.mightybargainhunter.com/?p=1376#comment-169618 MBH, Frugality definitely leads to more savings and immediately. There's no insurance in life that you'll ever get that 6 figuure income but if you want to work towards a 6 and 7 figure savings, you better know how to make your money work for you. Jerry MBH,
Frugality definitely leads to more savings and immediately. There’s no insurance in life that you’ll ever get that 6 figuure income but if you want to work towards a 6 and 7 figure savings, you better know how to make your money work for you.
Jerry

]]> By: Mark http://www.mightybargainhunter.com/2009/01/23/frugality-is-the-fastest-way-to-a-better-bottom-line/comment-page-1/#comment-169615 Mark Fri, 23 Jan 2009 19:53:40 +0000 http://www.mightybargainhunter.com/?p=1376#comment-169615 You're assuming the time could be better used in some other way. If I am going to spend Sunday morning reading the newspaper, then pulling the coupons isn't wasting time - the time was already "wasted". You’re assuming the time could be better used in some other way. If I am going to spend Sunday morning reading the newspaper, then pulling the coupons isn’t wasting time – the time was already “wasted”.

]]> By: ChristianPF http://www.mightybargainhunter.com/2009/01/23/frugality-is-the-fastest-way-to-a-better-bottom-line/comment-page-1/#comment-169604 ChristianPF Fri, 23 Jan 2009 15:52:09 +0000 http://www.mightybargainhunter.com/?p=1376#comment-169604 I liked Frugal Dad's post, I thought he brought up a good point that I don't see too many people talking about. That said, I think most Americans could drastically improve their standard of living by being a bit more frugal. I had no idea how much money I was wasting on stupid stuff that didn't even matter to me, until I actually saw where all my money was going. I liked Frugal Dad’s post, I thought he brought up a good point that I don’t see too many people talking about. That said, I think most Americans could drastically improve their standard of living by being a bit more frugal. I had no idea how much money I was wasting on stupid stuff that didn’t even matter to me, until I actually saw where all my money was going.

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