Archive for the ‘Frugal’ Category

To H*ll with the Jones’, We are the Frugals’

May 28th, 2010

donnareedDo you remember when no one wanted to sit next to you at lunch because your Mom made you a stinky egg salad sandwich?  So what did you do a the clever age of 10? You chucked it out of course, because you didn’t want to be the kid with the stinky sandwich.  Well I am proud to say about 25 years later, I love my Mom’s egg salad sandwiches and I don’t care about anybody else’s opinion.

I bring up this story because I have recently realized that I don’t care what people think of me any more.  

What a freeing feeling!

It is exhausting to try to keep up with the Jones’ because every time you make it to the next plateau, be it, a better job, a fabulous home or just the perfect pair of sandals, the goal posts shift and you need to strive higher.  While on my frugal journey,  I have discovered that there is so much more to life than the Jones’.

People have always thought that I was a bit of square peg – I have been a library user since the year dot and even braved the NYC library in the East Village, that was filled with not fresh smelling people.  I would like to cook instead of going out. And horrors of horrors, I have given up a life in the fashion to write about frugality and just live a lovely life.

Are you a square peg? Please leave me a comment as I don’t want to be the only one.

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I am NOT a hermit, just frugal

April 22nd, 2010

hermitA colleague commented recently, she thought it was a bit strange that I don’t go out much and prefer to do my drinking at home usually with a meal that I prepared.  She thinks I am a bit odd, perhaps I have a touch of agoraphobia outside the workplace, but no that is not the case.

OK here is the deal – I don’t go out to events or evenings in the pub that I don’t really want to. I don’t go out just because it is Friday night and that is what other people do.  I  am trying to get out of debt and looking at the BIG picture.  I have come to the realization that if you want a better or different life, for me, that is one of more freedom away from debt or excessive worrying about money, you have to make some changes.  Notice how I did not say sacrifices because for me an evening in the pub versus a new lipstick or half a pair of shoes, it is a no brainer.  I would rather wake up in the morning feeling good and having money in my pocket.

Oh no, now you my lovely readers are thinking I am a bit strange.  I do go out but not as a habit because once something becomes a habit; it loses its magic. I like to look at going out as an event not just that thing we do every Friday night. I see going out like ice cream if you eat too much your bank account will feel a bit sick.

Since I am not out and about, what am I doing then?  I am not just sitting home in front of my computer or the television, I take a sewing class and I cook a lot.  In the summer, I put a table out on my terrace, light candles and have romantic meals with my beloved.  Since I did bring up my beloved, he still goes to the pub but with his mates, who enjoy it more than I do.

It is all about choices.  My choices at the moment are to keep my eye on the prize to debt freedom while finding new ways to make life interesting.  Have you cut out anything in particular while on your frugal adventure? And if you have, what are you replacing it with?  Leave me a comment.

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A little Q&A with The Lean Times

April 15th, 2010

Q&AI received an email the other day from CESI Debt Solutions, asking me to answer a few questions about my frugal journey. They had already did a story called 42 Money Lessons from 19 Very Frugal Bloggers that was picked up by Time.com and now they want to expand it to encompass 100 bloggers.

So here are my Lean answers:

1) What’s your “frugality story?” In other words, how and why did you become frugal?

I have always been a bit frugal, or what some people used to call strange.

I started my frugal adventure when I was in fashion college in New York.  It was crucial (to us) to look cool but without a lot of money and still needing to eat, I began to look for shortcuts.  There are so many ways that you can save money without looking like you are trying. So many tips are basic stuff such as using your local library instead of buying books, eating fruit and vegetables that are in season and therefore fresher and cheaper.  Cooking in instead of eating out; right now is the perfect time to develop a passion for cooking.  Food is super trendy right now as is crafting.

2) What, if anything, tempts you to overspend, and how do you resist?

My biggest temptation is eating out with my best foody friend.  We both adore trying new restaurants and disecting the recipes. Now we have dinner parties at each other’s flats and compare bargains found at the market. When you dine at home you can have much nicer wine for a fraction of the cost of drinking out.

3) What personal finance or frugality habits were the hardest for you to adopt and why?

I am not great at disciplining myself which made writing Menu Plan Monday a bit of a challenge but after a few weeks it became fun and saved me a lot of money. Also the food going into the bin is nearly nil.


4) Have you ever taken frugality too far? How so?

Not as far as I can see  but I did get some flack for making a big pot of chili and eating it for a week.   I don’t know if that is taking frugality too far but my beloved was not thrilled in the lack of food variety.  I was very happy that I would have a lot of extra time in the evenings and an almost clean kitchen.

I can still eat chili for several days straight but now I take it for lunch and make different dinners.  My beloved is much happier with this arrangement.


5) What resources (blogs, books, websites) would you recommend to someone who’s newly frugal?

I think it depends on what your frugal goals are, if you want to get out of debt I would suggest anything by Dave Ramsey to start. I listen to his podcast on a regular basis, I find it very encouraging.

There are so many great frugality blogs such as Wisebread which covers all the pieces of the frugality pie.

Then there are so many deal blogs which are specific to certain areas or countries,  in the UK I always check in with PennyGolightly. This lady has her finger on the deal pulse.  Twitter is a great place to find the deal finders in your area.

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