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Posts Tagged ‘saving money’

Your Thrift Habits and How Do You Track Your Goals

January 25th, 2009

debt200901025Get Rich Slowly Has a post containing an old Coronet Instructional Films movie about your thrift habits and saving money.  It’s an excellent video.  I know most people watch these movies now for a good laugh, but I always enjoy them, irony free.  Ignore the cheesiness and pay attention to the content of them, and you will learn.

The part I most enjoyed were the graphs the boys made to track their progress compared to their plan.  I find that the act of writing something down by hand really helps to cement it into my mind, even if I never go back and look at it again.  My hand drawn graph isn’t nearly as nice as those in the film, but I don’t have an art department, either.

The rest of the tips in the film are great, too, about delaying gratification, buying quality, and perseverance.  I strongly suggest you go watch it, and read the post: Your Thrift Habits: Money Tips from 1948 ∞ Get Rich Slowly.

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Binge Buying

January 13th, 2009

The Simple Dollar had a recent post about frugality and binge buying.  I’ve realized I’m very guilty of this, even now.  Last week Woot! had a dvd recorder really cheap, and I thought “ours is having problems, this is a good deal, and we deserve it because we are saving money.”  WRONG! Now we are just that much more behind in retiring our debt.  This same mentality is what helped hold us into debt before:  “we make good money, so buying this item (which we don’t likely need, nor will likely use more than once) won’t be a burden.”

I need to get some blinders on (and maybe quit checking Woot! every morning) if we’re going to make this work.

The Simple Dollar » Frugality and Binge Buying.

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