Comments on: The Top 10 Ways I’ve Been Able to Grow My Net Worth https://www.onefrugalgirl.com/the-top-10-ways-ive-been-able-to-grow-my-net-worth/ Earn, Save, and Live Joyfully. Sat, 19 Dec 2020 04:21:37 +0000 hourly 1 https://wordpress.org/?v=6.8.3 By: Beatrice https://www.onefrugalgirl.com/the-top-10-ways-ive-been-able-to-grow-my-net-worth/comment-page-1/#comment-5650 Mon, 01 Oct 2012 19:54:02 +0000 http://www.onefrugalgirl.com/?p=4165#comment-5650 My list looks a lot like yours. My parents also generously paid for my college tuition. Although I’ve never had a job that paid a lot of money, I’ve always had excellent job benefits and practiced solid savings habits. Work paid for half of my MBA education and I get 401(k) matching. I started contributing to retirement in my early 20s. I carry no credit card debt. I rarely gamble/buy lottery tickets (only once in a blue moon, just for fun). After college, I lived with my parents for a few years (I did pay them pretty good rent but in return, I got free home-cooked meals and use of their car and got to live in a centrally-located town). Plus, I was glad my rent $ was going towards my parents instead of some annoying landlord). When I travel, I stay at inexpensive places or with friends. I go to museums on days that they’re free. I try out pricey restaurants during Restaurant Week ($30 for three-course meal). I didn’t buy a house until last year but it was a good time (near the bottom of the market). I got a great deal on my used car and have cheap insurance. I used to take Adult Education classes and sometimes would become an “assistant” where I’d have my course fee waived (or cut in half). I also can delay gratication for long periods of time. I bet if we took that Stanford marshmallow test when we were kids, we would have passed with flying colors! 🙂 I know we both have been fortunate with certain events (e.g., our parents paying for college) but I agree with you that our choices/actions in life have a lot to do with our overall financial health.

]]> By: Ruby Leigh https://www.onefrugalgirl.com/the-top-10-ways-ive-been-able-to-grow-my-net-worth/comment-page-1/#comment-5648 Sun, 30 Sep 2012 23:14:16 +0000 http://www.onefrugalgirl.com/?p=4165#comment-5648 Now, it’s true, I can think of something that have helped me financially… strong understanding of finance, a full-ride scholarship, and frugal know-how.

However…
I’m not here to paint my own sob story, but I have an easier time citing what I’ve done to destroy my earning and wealth potential.
– Leaving my career in engineering to pursue education (which I love but has much less earning potential0.
– Marrying a spendthrift husband who didn’t take financial responsibility seriously. (We later divorced)
– Buying too much house, and not being able to sell in a down market.
Not all these things were 100% my fault, nor am I without a lick of blame. In the same way, not all the things on your list 100% your doing. (I don’t think you were saying that.)
I think it’s good that you can identify what has gone right for you… perhaps that is helpful to some. However, this paints a very rosy picture that not everyone has the good fortune of experiencing. So perhaps, for us who have circumstances that have lead to major money loss… how about a discussion on that?

]]> By: One Frugal Girl https://www.onefrugalgirl.com/the-top-10-ways-ive-been-able-to-grow-my-net-worth/comment-page-1/#comment-5644 Sun, 30 Sep 2012 17:34:43 +0000 http://www.onefrugalgirl.com/?p=4165#comment-5644 In reply to K.

Hmm. Now sure how you see this as smug? My parents paying for college permitted me to save more of my salary once I graduated and began working. The post is about the decisions and events that led to my savings and my parents paying for my education was a HUGE factor in growing my net worth.

]]> By: One Frugal Girl https://www.onefrugalgirl.com/the-top-10-ways-ive-been-able-to-grow-my-net-worth/comment-page-1/#comment-5643 Sun, 30 Sep 2012 17:33:27 +0000 http://www.onefrugalgirl.com/?p=4165#comment-5643 In reply to Jen.

Hi Jen. Thanks for commenting. I wouldn’t say my happiness is tied to how much I have in the back. Though I would say I am much less stressed and at ease when I know money is in there. My happiness is more closely linked to the time I get to spend with friends and family, but I’d need to write another post to give justice to that fact.

]]> By: K https://www.onefrugalgirl.com/the-top-10-ways-ive-been-able-to-grow-my-net-worth/comment-page-1/#comment-5642 Sun, 30 Sep 2012 04:27:06 +0000 http://www.onefrugalgirl.com/?p=4165#comment-5642 Frankly, this shounds rather smug. Your parents payig your studnt loans does not really consitute a way you have saved money.

]]> By: Jen https://www.onefrugalgirl.com/the-top-10-ways-ive-been-able-to-grow-my-net-worth/comment-page-1/#comment-5638 Sat, 29 Sep 2012 19:19:03 +0000 http://www.onefrugalgirl.com/?p=4165#comment-5638 That is impressive. I think the biggest way by which you have increased your networth is because your fun/happiness is tied to how much money you have in the bank. I have friends who buy the latest toys, but enjoy the heck out of them and others who derive happiness from traveling. Judging solely by your last post and this one, I think your happiness is tied to the amount of money you have. So you not buying things or not going on vacations is hardly a sacrifice for you, because it gives you more happiness to see that money sit in the bank.

I am not trying to say what you are doing is necessarily bad. I was just trying to point out that there are different paths to happiness. Yours is one of them

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