Comments on: Snippets and Links

By: Kayla K at Kayla K's Thrifty Ways

Kayla K at Kayla K's Thrifty Ways — Mon, 18 Jan 2010 04:13:38 +0000

The best thing my parents have taught me about money is that it doesn’t really matter, and it never buys happiness. When I was choosing a college major/career they always asked if I would have time for family, if I would be happy, and if I would be able to give back to the community. For how frugal I am, I actually care very little for money. I see saving money as a tool for having to work less, therefore “buying” time for family and hobbies.
.-= Kayla K at Kayla K’s Thrifty Ways´s last blog ..Basic “Plarn” Tote =-.

By: Emily

Emily — Wed, 28 Oct 2009 00:47:54 +0000

I like your dad's outlook on things. We frugalistas have a tendency to get cheap everywhere possible, take no prisoners. My husband put his foot down on the homemade laundry detergent and the line-drying in the basement. Andrew's got a thing for cable (he's been outvoted on that one, but as a consolation he gets more laptop time for educational websites). Me? I'm all about quality spices for my cheapie meals. Splurge a little, scrimp the rest. Your daddy's a wise man. .-= Emily´s last blog ..Mi Vida (not so) Loca =-.

By: Michael

Michael — Sat, 24 Oct 2009 14:30:07 +0000

My parents taught me that education is your best financial defence for any circumstance, but not only do you have to read about how to manage your money, you have to put it into practice. They taught me that you can be who you want to be without a need for things – a night playing a ‘family game’ is not only cheaper than some dumb movie, bit builds way stronger relationships. Lastly they taught me to wait and pay cash – if you do not have the money now, you cannot afford it.

By: Cassie

Cassie — Tue, 20 Oct 2009 01:53:23 +0000

I think your dad is right with his theory. I also believe that saving is extremely important and so is living a frugal lifestyle. However, little splurges here and there are not only 'okay' but I think they are necessary. If you don't have a little fun with your money every now and again, you will start to burn out and all of your hard work to become frugal will be for nothing. .-= Cassie´s last blog ..My post about area rugs. Seriously. =-.

By: Nancy

Nancy — Mon, 19 Oct 2009 21:55:48 +0000

Right now my parents are teaching me that it's necessary to spend money up front for planning. Example: Things like setting up a family trust, a division of assets, etc. They cost money up front but are well worth it when the time comes that having them in place is beneficial. Unfortunately, we're learning the hard way. They (the folks) have never been ones to think it necessary to plan. Now that they are older and one is in the care home, it would have been very beneficial financially to have taken care of these items 5 years ago when it was first suggested. .-= Nancy´s last blog ..friends of old | take 2 =-.

By: rachel

rachel — Mon, 19 Oct 2009 10:48:15 +0000

i’m helping my parents consolidate their bank debts at lower interest rates, and not let the banks taken advantage of their lack of financial knowledge. they need to ask the right questions that yield the answers that we want to hear….lower-ed interests, more flexible terms etc.