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Thread: Young penny pinchers kith
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07-16-2008, 10:23 AM #1
Young penny pinchers kith
I don't necessarily like the term penny pincher, but couldn't think of anything creative lol.
This is a kith for those of us who are frugal and 26 years old or younger. Not that 26 is some magic number that makes you no longer "young", just the age that popped into my head
.
So how many of us here are there?
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07-16-2008, 12:52 PM #2
I'm fall into this category. I'm in my fairly early 20's.

)

to...
My little wheelchair boy
Born 05/16/2005 and went to heaven on 09/28/2008
and
My fiesty daughter Ella-Gracie
06/15/2006 and new baby boy Clint 05/03/2011 And many other "angel babies"(5) in heaven
On the long road to adoption
Wife to my Army MP Trace
Debt:
His 04 Toyota Tacoma- 14,000/14,000 Pd off!
Chrysler Town and Country- 15,000/ 14,300 to go UGH
Star Card 6,000/6,000 Pd Off!
Star Card 2- 2500/2200 to go
Dh's consolidation loan 12,000/12,000 Pd Off!!!
Hubby's 1st marriage credit debt 50,000/50,000 Pd off (Don't ask ugh)
Emergency Fund-5,000/ Goal of 10,000
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07-16-2008, 02:00 PM #3Registered User
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Yup! I'm here too...24. Though I'm not to good a penny-pinching yet.
Debts

#1- Student Loan #1 - PIF!!!!!
#2- student loan - $5834
#3- student loan - $4900
Cc - PIF!!!
Total Debt
10734/33900 = 23166 paid!!!
Savings
2500/1000 - BEF fully funded!!!










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07-17-2008, 07:30 PM #4Registered User
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I just turned 24...do your friends think you're weird too? Because most of my friends laugh at me when I pull out my coupons at the store or when they see my stockpile at home. Good thing my boyfriend is frugal too, or else I'd have no support system!

Working on:
Get under 200 lbs. 44/47lbs
Getting Back on Track!
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07-17-2008, 07:57 PM #5Registered User
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I'm 22! I don't really talk to my friends much about being frugal. People at work used to laugh about my coupons. I laugh at them because I 'm not flat broke... My cousin always laughed too whenever I pulled out my coupons, but recently she bought me a coupon organizer and put some coupons in it! She said she saw it and just had to get it for me.
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07-17-2008, 08:01 PM #6Moderator
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I barely fall into the young category! I'm 26. Glad to know there are other people my age and younger out there who are into being frugal.

Married to George {married 9/23/11}
Step-Mom to Connor {8}, Ethan {7}, Rylin {5}, Adri {3}
Dog Mommy to Ruby & Raven-{7}
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07-17-2008, 08:30 PM #7
I honestly don't say much about it, except when it's a tip that I think a friend could use and I know they'd be open-minded. The majority of my friends are older than me (I'm 22) and some frugality things they consider to be "normal" because that's the way that they were raised, but my friends that are my age would think I'm nuts. But hey, I'm a young mom (I have a 20m old with one baby on the way) and I need to save some money sometimes lol
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07-17-2008, 09:34 PM #8Technical Support Sleuth
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I'm here---23.
McD
-wife to Z
-mommy to Dubya & Moo Cow
Blog: http://familystylemayhem.wordpress.com/
My Ravelry: http://www.ravelry.com/projects/nicd...view=thumbnail
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07-17-2008, 09:39 PM #9Registered User
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Well I haven't been very frugal yet, but I am 23, which makes me good for this kith!
Yay for being young and (trying?) to be frugal!
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07-19-2008, 09:48 PM #10
I'm here....I'm 24.
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07-20-2008, 07:17 AM #11Registered User
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I've got a question for you ladies... When it comes to frugality and debt reduction, do you feel like time is on your side? or do you feel like the last few years since highschool you buried yourself? So you feel that you may be out of debt by 30? Also, do you feel the pressure of being young in todays society where marketing is being geared to us (and younger), to buy unnecessary things?
Sometimes I feel like time is on my side, that I have the rest of my life ahead of me to make things right, but when things go wrong, I wish I hadn't been stupid about my money in college. My goal is to be out of debt by thirty, I guess we'll have to see how that works out. But sometimes I get overwhelmed, the magazine, the trendy tv shows portraying people our age, all make me want to buy all the expensive unnecessary fashions and makeup and all that junk. I get fed up with it because its like something else takes over my brain. Ever feel that way?Debts

#1- Student Loan #1 - PIF!!!!!
#2- student loan - $5834
#3- student loan - $4900
Cc - PIF!!!
Total Debt
10734/33900 = 23166 paid!!!
Savings
2500/1000 - BEF fully funded!!!










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07-20-2008, 03:38 PM #12
I do feel that time is on my side; luckily I finished college with no student loans and no credit card debt. The only debt I have is my mortgage which I do not see paid off by the time I'm 30.
I also feel very deprived when I want to go shopping for new clothes at American Eagle, the Buckle, or New York and Company, and I know that I really should not be spending that kind of money. So it does take a lot of will power to resist spending especially when a lot of my friends are going out shopping, buying new cars, etc.
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07-21-2008, 01:40 AM #13Registered User
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I'm 24. My fiance is too. We just bought a house 2 months ago and our mortgage is 3x what we were paying in rent. We've pretty much cut out all extras to be able to afford the necessities. No cable, rarely eat out, driving less, no unnecessary shopping. But we look at our house and feel like it is all worth it.
We see many people our age living lavishly - eating out and buying everything they desire. But we are happy with our decisions.
Debt as of 10/25/09:
Student Loan: Currently $9500
Mortgage: $472,000
Discover CC: $6500 at 0%
Chase Disney: $3000 at 0%
Goals:
Get monthly food budget down to $200/month for me and my husband.
My zoo:







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07-21-2008, 09:25 AM #14Registered User
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im only 21 and in the last 2-3 months ive gone frugal and it has helped so much, i have saved so much being here and will continue
Kelly & DH Alex ♥
Baby #1 - Finley - 4/4/11
Goals For 2012:
Keep to budget
Make new saving accounts (1 for us 1 for DS)
Save for Car tax - £0/£165
Save for Car MOT - £0/£300
Save for final car payment (due in 4 years) - £0/£500
Savings for holiday: Approx - £15.00 (including change jar)
Debt:
Loan - £65 p/m Until Nov 2013
CC - £580/£800
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07-30-2008, 03:45 PM #15Registered User
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I'm 21, so I'm definitely here!
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