Comments on: Keeping Up With the Jones’ Happens in Many Ways! http://www.everybodylovesyourmoney.com/2006/02/26/why-is-it-okay-to-save-money.html Living for today - Planning for Tomorrow Fri, 03 Sep 2010 20:38:20 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: newsgirly http://www.everybodylovesyourmoney.com/2006/02/26/why-is-it-okay-to-save-money.html/comment-page-1#comment-1270 newsgirly Thu, 09 Mar 2006 13:58:18 +0000 http://www.everybodylovesyourmoney.com/?p=204#comment-1270 I'd love to be called a miser. But that term to me implies a saver. I'm paying off some dumb debts first before I can REALLY start socking it away. So I'm doing all the same things - bringing lunch, no new clothes, Hair Cuttery, used cars. But I know I can make it as a homeowner in a very expensive town on a relatively small salary. That gives me priceless self-satisfaction and security. I think it's a mind-set, really, and some people get stuck/obsessed with tying outside image to personal value. One of my best friends is image-obsessed. I really don't think she could make it without a BIG income to pay for her manicures, jewelry, nice cars, huge house, nanny/maid, designer brands only, etc. She lied to Weight Watchers (said she's shorter than she is) so she could lose 7 pounds she should have kept. She announced to our wealthiest friends that all her pants have to be taken in because she no longer has an arse. I’d love to be called a miser. But that term to me implies a saver. I’m paying off some dumb debts first before I can REALLY start socking it away. So I’m doing all the same things – bringing lunch, no new clothes, Hair Cuttery, used cars. But I know I can make it as a homeowner in a very expensive town on a relatively small salary. That gives me priceless self-satisfaction and security. I think it’s a mind-set, really, and some people get stuck/obsessed with tying outside image to personal value. One of my best friends is image-obsessed. I really don’t think she could make it without a BIG income to pay for her manicures, jewelry, nice cars, huge house, nanny/maid, designer brands only, etc. She lied to Weight Watchers (said she’s shorter than she is) so she could lose 7 pounds she should have kept. She announced to our wealthiest friends that all her pants have to be taken in because she no longer has an arse.

]]> By: Lauren http://www.everybodylovesyourmoney.com/2006/02/26/why-is-it-okay-to-save-money.html/comment-page-1#comment-476 Lauren Mon, 27 Feb 2006 20:31:13 +0000 http://www.everybodylovesyourmoney.com/?p=204#comment-476 I mostly agree, but I also think that it can be harmful to limit yourself to the point that you get nothing out of your hard work. If you keep saving, saving, saving, eventually you'll be a rich 90 year old who has too much money and not enough good memories. This is sort of the pot calling the kettle black, since I hardly allow myself any fun buys, but I still wanted to say it :) I mostly agree, but I also think that it can be harmful to limit yourself to the point that you get nothing out of your hard work. If you keep saving, saving, saving, eventually you’ll be a rich 90 year old who has too much money and not enough good memories. This is sort of the pot calling the kettle black, since I hardly allow myself any fun buys, but I still wanted to say it :)

]]> By: James L http://www.everybodylovesyourmoney.com/2006/02/26/why-is-it-okay-to-save-money.html/comment-page-1#comment-471 James L Mon, 27 Feb 2006 05:09:43 +0000 http://www.everybodylovesyourmoney.com/?p=204#comment-471 When i was saving for my downpayment for my first home, this pseudo friend asked me how much of my take home pay i was saving. I was living with my parents then, and being such an honest guy that i was, i told him about 75%. He laughed at me in his own twisted way which made me question myself and my motivation as well. Nevertheless, I bought my first home while he had nothing to show for. He recently got married, but from what I heard, his dad had to help him with 200k for a downpayment on a house too big for him and his wife and that they cannot afford. Funny thing was, when I last saw him not too long ago, he still brought up this old joke that I saved a lot of my take home pay. I never understood it. But yeah, i hated his guts. When i was saving for my downpayment for my first home, this pseudo friend asked me how much of my take home pay i was saving. I was living with my parents then, and being such an honest guy that i was, i told him about 75%. He laughed at me in his own twisted way which made me question myself and my motivation as well. Nevertheless, I bought my first home while he had nothing to show for. He recently got married, but from what I heard, his dad had to help him with 200k for a downpayment on a house too big for him and his wife and that they cannot afford. Funny thing was, when I last saw him not too long ago, he still brought up this old joke that I saved a lot of my take home pay. I never understood it. But yeah, i hated his guts.

]]> By: Hazzard http://www.everybodylovesyourmoney.com/2006/02/26/why-is-it-okay-to-save-money.html/comment-page-1#comment-468 Hazzard Mon, 27 Feb 2006 01:48:38 +0000 http://www.everybodylovesyourmoney.com/?p=204#comment-468 Outstanding. Any time I can touch a nerve, I'm happy to do it!!! :) Hazzard Outstanding. Any time I can touch a nerve, I’m happy to do it!!! :)
Hazzard

]]> By: Steve http://www.everybodylovesyourmoney.com/2006/02/26/why-is-it-okay-to-save-money.html/comment-page-1#comment-467 Steve Mon, 27 Feb 2006 00:58:03 +0000 http://www.everybodylovesyourmoney.com/?p=204#comment-467 Hazzard, you touched a nerve... :) I just posted a diatribe at my blog inspired by this post... Hazzard, you touched a nerve… :) I just posted a diatribe at my blog inspired by this post…

]]> By: My Personal Finance Blog»Blog Archive » On keeping up with the Jones’ http://www.everybodylovesyourmoney.com/2006/02/26/why-is-it-okay-to-save-money.html/comment-page-1#comment-466 My Personal Finance Blog»Blog Archive » On keeping up with the Jones’ Mon, 27 Feb 2006 00:57:30 +0000 http://www.everybodylovesyourmoney.com/?p=204#comment-466 [...] Hazzard over at Everybody Loves Your Money wrote and article on how keeping up with the Jones’ happens in many ways.  He makes a couple good points, inspired me to write this post… [...] [...] Hazzard over at Everybody Loves Your Money wrote and article on how keeping up with the Jones’ happens in many ways.  He makes a couple good points, inspired me to write this post… [...]

]]> By: John http://www.everybodylovesyourmoney.com/2006/02/26/why-is-it-okay-to-save-money.html/comment-page-1#comment-465 John Mon, 27 Feb 2006 00:30:06 +0000 http://www.everybodylovesyourmoney.com/?p=204#comment-465 I fought fire with fire. I started my frugal habits when starting to save for a wedding and a new home. Bringing breakfast and lunch to work, cutting back on spending, etc. My co-workers would say the same thing. I would preach back on how much money I was saving in the long run, ya know, every little, adds up big. Once I started throwing numbers on how much money saved, they began to see the light. Now some of them bring lunch and are starting to save better. My cult is growning..... I fought fire with fire. I started my frugal habits when starting to save for a wedding and a new home. Bringing breakfast and lunch to work, cutting back on spending, etc. My co-workers would say the same thing. I would preach back on how much money I was saving in the long run, ya know, every little, adds up big. Once I started throwing numbers on how much money saved, they began to see the light. Now some of them bring lunch and are starting to save better. My cult is growning…..

]]> By: Reb http://www.everybodylovesyourmoney.com/2006/02/26/why-is-it-okay-to-save-money.html/comment-page-1#comment-462 Reb Sun, 26 Feb 2006 21:43:13 +0000 http://www.everybodylovesyourmoney.com/?p=204#comment-462 Doesn't anybody read the grasshopper and the ant fable anymore? http://www.bartleby.com/17/1/36.html Doesn’t anybody read the grasshopper and the ant fable anymore?

http://www.bartleby.com/17/1/36.html

]]> By: samerwriter http://www.everybodylovesyourmoney.com/2006/02/26/why-is-it-okay-to-save-money.html/comment-page-1#comment-460 samerwriter Sun, 26 Feb 2006 20:49:51 +0000 http://www.everybodylovesyourmoney.com/?p=204#comment-460 US savings rates are way too low, so I just figure that by saving excessively I'm making up for my colleagues who don't save anything. I'm just doing my patriotic duty. US savings rates are way too low, so I just figure that by saving excessively I’m making up for my colleagues who don’t save anything. I’m just doing my patriotic duty.

]]> By: Jonathan http://www.everybodylovesyourmoney.com/2006/02/26/why-is-it-okay-to-save-money.html/comment-page-1#comment-459 Jonathan Sun, 26 Feb 2006 19:16:38 +0000 http://www.everybodylovesyourmoney.com/?p=204#comment-459 I agree and think the key is to realize the power of advertising, and be perfectly happy doing what your doing. I don't feel like I'm depriving myself if I don't have Starbucks every morning. My car has a V6 and is dependable, and does everything I want. Power windows, A/C, radio. Do I really need a GPS Nav or wipers on my headlights? I agree and think the key is to realize the power of advertising, and be perfectly happy doing what your doing. I don’t feel like I’m depriving myself if I don’t have Starbucks every morning. My car has a V6 and is dependable, and does everything I want. Power windows, A/C, radio. Do I really need a GPS Nav or wipers on my headlights?

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