Frugal challenges

[LuxLiving]

Kewells & Kealina - if you can start thinking about compound interest when you are in the midst of a shopping 'frugal challenge' situation and what that money will cost you long term it can definitely be a braking mechanism. I know it is working for me.

Sometime during the last month on my blog I posted a little compound interest chart that I copied from ?somewhere? and I printed it out and carry it in my wallet next to the cash, have one posted on my mirror and one in my makeup case to help remind me that I'm often times spending my future. It might help you.

http://luxliving.savingadvice.com/20...is-firm_20919/

[Ima saver]

That is a good idea, Lux!!

[pjmama]

Sweets are my problem, be it at a coffee shop, work, or on campus. I've started buying things to snack on at the grocery store... fruit, baby carrots and such... and bringing it with me wherever I am to ward off those cravings. Or finding free alternatives when I'm at work (like a cup of coffee with some chocolate syrup in it).

[kealina]

Originally Posted by LuxLiving

Kewells & Kealina - if you can start thinking about compound interest when you are in the midst of a shopping 'frugal challenge' situation and what that money will cost you long term it can definitely be a braking mechanism. I know it is working for me.

Sometime during the last month on my blog I posted a little compound interest chart that I copied from ?somewhere? and I printed it out and carry it in my wallet next to the cash, have one posted on my mirror and one in my makeup case to help remind me that I'm often times spending my future. It might help you.

http://luxliving.savingadvice.com/20...is-firm_20919/

thanks lux... i think that is something i will find helpful with most temptations... i will take a look at it and see what i get... =)
as for garage sales, i will probably keep that indulgence...i figure it makes me happy, keeps me from feeling too restricted and is one of those instances where i'd rather prioritize and skip other things to spend there...
since i know my garage sale weakness tends to benefit me more than most other indulgences i tend to allow myself to buy things as long as i deem them a good deal...

[Ima saver]

I keep forgetting and turning on QVC. I am always tempted, so i need to keep that channel off.

[LuxLiving]

I was just reading that the more television you watch you are more likely to spend $208 more a year than someone who doesn't.

Sitting here enjoying the silence of no boob-tube! It was on all day yesterday afternoon and evening and I did watch CashHappy drooling over the newer slim-line cell phones...although the one he has dials just fine! Trying to discuss the ads purpose to part him with his cash w/a recently turned 18 year old falls on somewhat deaf ears.

SIGH.

[kealina]

Originally Posted by LuxLiving

I was just reading that the more television you watch you are more likely to spend $208 more a year than someone who doesn't.
SIGH.

yeah, i'd read that too... i also heard somewhere that people who get magazines and catalogs tend to spend more because of the constant exposure...

[crow67]

I believe that about the magazines...if I look at it more then once, there's usually something that I think I just have to half...the temptation is everywhere