Saturday, March 1, 2014

lesson 3 - turn our lives over to frugal living

3. Made a decision to turn our will and our lives over to the care of frugal living, and voluntary simplicity or die trying. 

Okay I don't really mean "die trying". But you do need to Die to self. 

Self:  I would love to get that farm sink for my kitchen. It looks so nice plus no one in the neighborhood has that and I would be the first. 

Your frugal will: The farm sink is really neat and I would love to have it. But I just can't see paying that much when there are less expensive sinks available and are just fine.  Perhaps when things become financially better I could change it out - when I do, I promise that I will donate my old sink for someone who might be in this same position I am in now. 

Wow, what a wonderful world that would be.  I believe with the exception of the Rockefeller's and the Carnegie's, this is how regular people used to live and THINK. There is nothing wrong with that. Who said you have to have it all, right now?

YOU need to make that decision. Don't let it be a decision made by your employer or the bankruptcy attorney, or your credit card bills. Do it while you still have some leverage and some wiggle room. If you don't - well, you can still make that in-voluntary decision but lets hope once you get out of the hot water you are in financially, you won't go back to your old ways.  

I actually was raised in a upper middle class home. But my parents were frugal to some degree. They could afford all their toys. My dad retired in his late 40's.  They bought all their homes with cash, and their vehicles.  When I was executor of their estate I was shocked, at how they had no bills except for the normal monthly obligations - ie. utilities, insurance etc.  

I was once a Nanny for a family from Sweden. They were extremely wealthy. I watched them how they related to money and "stuff".  In spite of their wealth, they were frugal. Sure they took their trips to Sweden to visit family - everything was paid in cash. (Except for their home)  Their cars were paid in cash.

I was very impressed by this wealthy family and how they related to money in a healthy way. That is why rich people are rich. They don't throw their money away making purchases they cannot afford. When will the rest of us learn this?

  "Stop Trying to impress others -
 They are more screwed up than you think" 


  1. Many Americans haven't saved for retirement, but it's something we've always done. Not only is that going to be a reality for us because we are frugal today. It's a reality because this is how we plan to live when we retire. There are people who get into trouble, get out and then think they can relax and enjoy again. Or they buy something they can afford at the time but don't think about the cost to operate or maintain it. Not enough people look to the future. Anything you buy today will depreciate, but what you save and invest will appreciate. The sad thing is that so many are lured into financing things that lose value and begin depreciating from the moment they are purchased. It makes that "must have" sink an even worse investment. My pet peeve is that HGTV tells us otherwise!

    1. OH don't get me started on HGTV. I watch it and it really bugs me when these young women, have to have it all. Or these couples who have to have that HUGE home and they don't even have children yet. Or they have to have a quest room for when people come to stay. It cracks me up. I have always lived simple and I don't feel like I have been unnecessarily deprived.