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  1. #1
    Super Moderator Russ's Avatar
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    Default 8 reasons you spend too much.

    Found this article and I sorta disagree with some of their findings. The person who wrote it obviously does NOT know about Frugal Village. Actually, some of the article is mis-leading.

    8 reasons you overspend - Personal finance- msnbc.com
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  2. #2
    Registered User Libby's Avatar
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    I agree - its misleading if one is not disciplined/trained at being frugal. But I do love their example of marketing techniques - $150 burger makes the $50 steak look like a bargain.
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  3. #3
    Registered User nodmicks's Avatar
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    I sure didn't agree with 4, 5 and 6.
    ~July 19 saving goal for event $104/$1000

  4. #4
    Rude and Vile Master Greebo's Avatar
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    Quote Originally Posted by nodmicks View Post
    I sure didn't agree with 4, 5 and 6.
    #6 I agree with - it's talking about the "but I got it ON SALE" "but it's 1000 pounds of sand!" phenomenon. If it's on sale, ppl tend to buy it regardless of needing or really wanting it.
    If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.

    Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"


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  5. #5
    Registered User nodmicks's Avatar
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    Quote Originally Posted by Greebo View Post
    #6 I agree with - it's talking about the "but I got it ON SALE" "but it's 1000 pounds of sand!" phenomenon. If it's on sale, ppl tend to buy it regardless of needing or really wanting it.
    You are right of course because most people probably do. I tend to buy lots of items on clearance but only if they will truly be used/are needed~ not just because they are on sale.
    ~July 19 saving goal for event $104/$1000

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    Registered User druthb00's Avatar
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    MSN never ceases to impress me with the crap articles they throw out on a daily basis. There are bits of truth in many of her points, especially if you focus on the title, "8 Reasons You Overspend." The "reasons" would only apply to someone who habitually overspends, puts everything on plastic and goes grocery shopping without a list....all things that the majority of people on FV DON'T DO. But come on MSN....a budgeting/personal finance article with some substance would be greatly appreciated.

  7. #7
    Registered User porembam's Avatar
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    I don't think this article was for frugal people. I save lots of money buying bulk- and yes that week the grocery bill will be larger but in the long run I save.

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    Registered User frugalfranny's Avatar
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    Thanks.....didn't agree with some of it...as it applies to me, but always good to be reminded to watch for the pitfalls.
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    Registered User Josephhgoins's Avatar
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    buying in bulk seems to be my biggest pitfall. I will gladly go to Sams and pay $4 for a gallon of pickle chips and then have most of them left when I finally throw them out after a year in the fridge. I could have spent $2 on a small jar, took up less room and still had some to throw away after the year.

  10. #10
    Moderator mauimagic's Avatar
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    Not much depth or substance IMO but it's always interesting to see what others consider - different perspectives and short reminders never hurt.
    Travel light. The baggage of the past can only hold you back.




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